im looking into investing but I feel I need some kind of guide or person to follow like jim's trust or the morningstar star system or the channeling.stocks system any advice???
2007-02-15 14:02:16 · 1 answers · asked by Simon R 2 in Business & Finance ➔ Investing
Stay away from "Systems" They will only separate you from your money. Learn about investing before you spend any money
Go to your bank and ask a financial advisor, how best to start off with investing.
They will go over your knowledge and investment risk profile, how much you can invest and how often, and build a plan for you.
Start with a Balanced Mutual Fund, this is a diversified bundle of stocks, bonds and money market instruments, it is one of the lower risk investments, low volitility and chance for good growth.
2007-02-15 14:51:29 · answer #1 · answered by bob shark 7 · 0⤊ 0⤋