Stocks & Mutual Funds Advice: Investing G&S Edition....

[politicalthug202]

just invest in ETFS,you really cant beat the market unless you got alot of time on ur hands.

you can get a few blue chips with good yield.

 

[black caesar]

EFT's are great if you don't need to get access to money, but if you do then Mutual Finds is the way to go. You should diversify for portfolio and get both. Pace your self. Keep up with the news daily.

 

[Recaptimus_Prime360]

ok what are "EFT's"? schoool me on that.

 

[Lorenzo de Medici]

In addition to what's been said, look into companies that take more money and invest into the company with less dividends if you're thinking long-term.

 

[black caesar]

ok what are "EFT's"? schoool me on that.

EFT=Exchange Traded Funds

http://en.wikipedia.org/wiki/Exchange-traded_fund

Here. Have a treat. It's on me. Your'e Welcome.

http://www.4shared.com/document/_Vzz8SMo/ETF_for_Dummies.html

 

[MC The Rapper]

do a lot of research find out what's the big wave and get in on the ground floor

 

[greatgodman]

if you are looking into mutual funds, you should your research about what that company investing in. it also depend what kind of risks you are willing to make.

 

[MC The Rapper]

don't be afraid to lose money

 

[Coby Vibes]

read investment/finance magazines and books. pay attention to world events, current trends, etc. you have to do your own research and go with what your comfortable in.

 

[Recaptimus_Prime360]

good advice goin on here. i just read some info on etf's. my homegirl was tellin me i should puchase stock in GE. what are some other companies that's good to buy stock in?

 

[phantom0900]

What about trading currency over the FOREX? I've been getting offers on opportunities to get money in this arena.

Also, does it make any sense to buy stock in the companies you make purchases from frequently? Say Sony supplied your entertainment system, and you live off of Burger King, i dont even know if these are publically traded companies, but as far as examples go.. is this a good idea?

 

[phantom0900]

Be careful with Forex trading, u may want to pick up a book on macroeconomics so that u can understand the economic situation of the country who's currency u'll be trading. In this lane im not sure whats good advice to give u but I do know that if ur gonna take the active trading approach especially w/ currencies theres a strong chance u may get burned real bad fam. Countries dont change every day like say the price of a stock might fluctuate....

Yeah it does make sense to buy stock in companies u frequently buy from. Just so long as the price u pay isnt too wild. Good thing too is that u prolly have better knowledge of a place u order food from or buy video games from then the standard trader or investor does, so ull prolly be able to dictate how some new creation or invention may affect that business.

Thanks fam.

 

[naomi shambles]

Open up a roth ira with vanguard and invest in an index fund. Do research...i like morningstar.com

 

[Sep-00]

i would start out with mutual funds because they give you more diversity. they allow you to own many stocks in one investment. you can go to investment companies websites like vanguard and take the investor questionnaire and that will give you a targe mix ( percentage stocks and bonds) and give some basic funds to choose from.

 

[TANGLUNG]

i would start out with mutual funds because they give you more diversity. they allow you to own many stocks in one investment. you can go to investment companies websites like vanguard and take the investor questionnaire and that will give you a targe mix ( percentage stocks and bonds) and give some basic funds to choose from.

Where exactly is the questionnaire on the site?

 

[Sh0t]

Unless you have 6 figures to basically lose, I would stay far away from forex.

not only is the market itself very volatile(which isn't a bad thing, but it's bad for beginners), Forex BROKERS are also very shady and people get money tied up for months in suits.

 

[Sep-00]

Where exactly is the questionnaire on the site?

on vanguard's site click on the link that says go to persanl investors site (lower left) then upper right start typing investor in the search box and it will be the first one that pops up.

 

[Sep-00]

Where exactly is the questionnaire on the site?

this is the link the fund recommendations

http://personal.vanguard.com/us/funds/tools/recommendation?reset=true