Who here can give me good investment tips? I need to know the VERY BEST way to start. Thanks in advance for the appreciated help.
2007-10-19 03:02:23 · 5 answers · asked by Mike M. 7 in Business & Finance ➔ Investing
This is infact for my "so-called" retirement years. And truth be told, I'm rather nervous about it all.
2007-10-19 03:19:28 · update #1
The VERY BEST way to start is to learn about investing before you do any. Start by reading "Investing For Dummies."
2007-10-19 03:19:40 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Well, to start off you need to ask yourself what kind of knowledge you have of the market. If your knowledgable on how this market works, start with buying your own stocks. Your best bet is to contact a broker, or buy some mutual funds and bonds ( if nesscary). Also do some research for yourself before getting in. There are alot of great books to read at local libraries before getting in the game. If your clueless, try a broker or a mutual fund. If you want to learn about the market, than open an account with a Scottrade or a TD Ameritrade and buy stocks yourself. Hope this helps! Good Luck!
2007-10-19 10:14:04 · answer #2 · answered by Greg M 2 · 0⤊ 0⤋
Brokers will charge you for every account they open for you and that may eat a lot of your cash you have for investing. I learned that the hard way.
Then I learned about mutual funds. They are much easier to understand and watch than many individual stocks. You can also get into a mutual fund for about 50.00 per month. That's very affordable.
I was taught by a company called Primerica Financial Services. (which I have talked about on here a few times) They taught me so much more than my 'broker'. They also gave me a plan for my investing so I would know pretty much down to the dollar what I needed to save each month to retire. My broker never took that much time.
Also I read a lot about investing and subscribe to magazines etc.
morningstar.com is a great place to research online.
Investing is a lot of fun!! I love it.
2007-10-19 10:38:41 · answer #3 · answered by Money Lady 2 · 0⤊ 0⤋
Hey,
I am a quite experienced net investor from Finland.
I have many good investments to propose to you.
Right now I would suggest you to get into Alston Price's poker company.
The future prospects will be huge regarding the ver groiwing amount of net poker players.
Monthly interest would be about 10-30% in the beginning but rising due to the rising amount of poker players.
Amount of one investment is 665 Euros and these are sold totally 40.000 pcs. Estimation is that at the end of December all have been sold. After that only players can get in. And we get rewards from them too.
Please contact me at matti.karsama@nic.fi in case you want to get into success.
Best regards¨
Matti
2007-10-19 13:29:07 · answer #4 · answered by Matti K 1 · 0⤊ 0⤋
sorry I can't help ya out here mike ... other than doin' the 401k thing .. I don't usually have any extra coin ta spare for stuff like that .. so I don't even worry bout it much. i just live and try ta be happy an have fun while I'm here on this earth! but anyways good luck with the investment thingy babe! ; )
2007-10-19 21:14:49 · answer #5 · answered by Ding Bat 5 · 0⤊ 0⤋