investing money
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- brianbrooks
I've just started to look into investing options for money in my savings (mutual funds, money market, etc) Does anyone here invest? any advice for a beginner?
- kyl30
come back monday when all the high rollers are around, NT is a ghost town on the weekends.
but, stick with the mutual funds unless you have mad cash($50k +) to throw around, even then keep most in mutual funds.
- designerror0
Buy land!
- kyl30
that's my plan. Then get into some mutual funds.
- tkmeister0
don't put all your eggs in one basket. spread around. create a well balanced portfolio.
you may wanna wait a bit. the market is a bit shaky right now and usually the summer time is slow.
anyways, u should do a lot of research before you buy.
i used to have a lot of stocks, but i sold most and now 80% mutual funds. if u have 50-100k or so, then you may wanna get a financial advisor.
- brianbrooks0
bump (for the monday morning high rollers)
- UndoUndo0
get yrself a portfolio and track all sorts
- joyride0
learn about investing before you start.
Read Jim Cramers Real Money, Sane Investing in an Insane World it will teach you about the fundimentals. Which is key!
Understanding the market and why things happen.
When your ready, some good practice is a fantasy stock league. See how you'de really do.
and yeah, the market is kinda messed up right now. Good time to learn, you won't be missing a true bull market.
Realize it's gambling and you'll become addicted. Just make sure you have the time to watch your stocks and what's going on with them.
- Triss0
Compounding.
- tkmeister0
The Fortune 40
http://money.cnn.com/2006/06/13/…
- xenicon0
Socially conscious mutual funds that have performed better than average.
Green Century Balanced
GCBLX
Portfolio 21
PORTX
- tkmeister0
who trade options here?
i am thinking to start trading options instead of stocks.
- joyride0
options... in this market?
Actually, i think aapl a good deal right now at 58.
Side note: NY Times has an article on Flash drives storing/running your programs (tech section). The software will run on a flash drive. Now what sort of device does millions of people have that could run this software... that's right an ipod nano. If you could take your music & all your email and programs to any computer, plug it in and have it work just like your on your own computer... now thats killer. APPLE incorporate this into an ipod and you've got a whole new market!!!!
http://www.ceedo.com/
- robotron3k0
Buy land!
designerror
(Jun 10 06, 10:25)that's it.
- kinetic0
yea really...you cant go wrong with buying land
god isn't making any more of it
- canuck1
emu farm.
- canuck0
sorry that was supposed to me emo farm.
- joyride0
sorry that was supposed to me emo farm.
canuck
(Jun 15 06, 07:19)isn't that just california
- mrdobolina1
asking for financial advice around here is probably not your best bet.
you will end up buying every apple product and 300 dollar jeans.
- seed0
I want to buy some land. I'll have to research it first to find out if it could end up being hot property for development. I would assume that is the best way to make big $.
In the meantime I guess I could party there and build a teepee.
If anyone has any tips on buying land I would like to hear them.