Is there a good website with explanations on terms such as mutual fund, bonds, equities...that also explains how to get started? I need help understanding person finance and investments. Any useful advice appreciated.
2007-07-05 07:50:05 · 2 answers · asked by KiyaJay 2 in Business & Finance ➔ Personal Finance
Personal finance, I meant!
2007-07-05 07:58:50 · update #1
I always like wikipedia
also check out scottrade.com they usually have good tips and are known by many to be the cheapest* method.
*They basically charge a $7 flat rate to buy and sell with no annual rates or commision profits. I have used them for years with no problems.
2007-07-05 07:52:50 · answer #1 · answered by Anonymous · 0⤊ 0⤋
You can use the web for basic information - try the yahoo finance page to start with, and search for "basic finance terms definitions", for example.
The Motley Fool website can help, too, but I've found that they do a lot of heavy sales pitches to sign up for their newsletters and for-fee services. They also do a lot of self-promotion, in my opinion. To me, they seem like the Rush Limbaugh of the financial world. Still, there's good basic information to be had.
Your best luck might be to find a basic finance class through your local adult ed program or community college. It should give you a good basic schooling in introductory finance, and get you started. The jump in - the two best things to have on your side are regular contributions, and a long time frame. If you're young, start putting money in some sort of retirement plan now.
2007-07-05 15:07:29 · answer #2 · answered by Ralfcoder 7 · 0⤊ 0⤋
I would look up Primerica in your area...they are the best andmost helpful -for no charge
2007-07-05 14:55:03 · answer #3 · answered by Sher 3 · 0⤊ 0⤋