I want to have a sucess life and i some investing tips Please help!!
204316
- Set aside a specific amount each paycheck.\n- Invest that through sharebuilder.com on an ETFs such as iShares MSCI EAFE Index Fund (ETF).\n- Once that amount cumulates to more than $3000, invest the lump sum in a Vanguard index fund.\n- Keep contributing the specific amount to that investment account.\n\n- always look for tax-deferred way of saving such as 401k or IRA accounts.
16047
Go to bookstore and get Mutual Funds for Dummies or Investing for Dummies.  They will have easy to understand concept and descriptions.  More information is better when it comes to investing.  Take your time.  Start saving money now and get into the habit.  Put it into a savings account now while you are learning about mutual funds.  When you feel ready, then you already have some money saved up.
642375
The best way for you to invest depends on a lot of things.\n\nFirst, if you don't have an emergency fund worth 3-6 months of expenses, establish one first, maybe in a money market fund so you can get at it in an emergency. It won't pay back much, but it's better than having to borrow money in an emergency and getting into debt because your money is locked up.  Nor do you want to sell your investments during a temporary downturn to pay for something like a new roof.  Then you'll have lost that money permanently.\n\nNext, if you haven't done the 401(k) thing and the IRA thing, do it. Tax-free or taxed deferred savings are good.\n\nFinally, if you've already done all those things and still have $400K left to invest, there's still more stuff to think about. Long term, stocks will grow faster than anything else, but can be very risky short term. They're a terrific investment if you're young and have a long time line. If you're older, you have to think more about safer investments, because you don't have as much time to recover from a downturn in the market.\n\nAnyway, there is no "best" way to invest a sum of money. What's best depends on a lot of different circumstances. If you really want a good investment, go buy a book on investing so you can decide what makes sense for you. Sure, you could give your money to a financial advisor but how do you know he's not just in it for the fees and commissions he charges you? How do you know his advice is any good? You need at least a foundation so you can make an informed decision. Personally, I like "The Only Investing Guide You'll Ever Need" by Andrew Tobias. It'll give you the basics. Good luck.
538738
you'll need a brokerage,,,,fidelity is my preference..then do some homework. why are you investing, how much can you invest, and how much risk can you tolerate......educate yourself before making decisions, or you'll end up paying for services or products you may not want or need
358148
If I were you, I'd add the word, 'honestly'.\n\nThere are no quick fixes or set formulae - plain hard work and perseverance usually does the trick.  And ofcourse your luck and destiny do play a very important part in this scheme of things.\n\nIf you have the money to invest.  Stocks and real estate allow you to make huge profits - also big losses, if you're either greedy, impatient or careless or all three?!\n\nExcept for inheritances, nobody can claim to have got rich quickly by fair means.\n\nAs you're in a hurry, try your hand at multiple options in business.  There are plenty of businesses that require small investments (thanks to the internet, all you need is your computer connected online).  And apply your mind to them - over time you will see your investments grow as you work harder and reap profits.\n\nDon't ever believe people who misguide you to make a fast buck.  They're the fly-by-night operators who thrive on people like you.  Trust your instincts more than anything else and any guidance you can get from close friends who are in the know.  Go for it, Rome was not built in a day...
449955
The single largest tip is to never exceed your budget regardless of how good it looks.  If you have a credit card, put it in a drawer for emergency cash.  It isn't even permissable to use for emergency cash.  When buying a car, buy a used car and base the purchase on price, safety, fuel efficiency and repair history of the model.  Rarely pay down a mortgage and refinance the rate down when possible.  Only use fixed rate instruments unless you are certain you are going to move away in a reasonably short period.  Never buy a house as an investment, always buy it as a dwelling.  If you were already rich and understood the dynamics of your real estate market, then consider investing in real estate, but real estate investing in some ways requires greater sophistication than stock investing.\n\nAs one realtor who also invests described to me, if you don't have a hundred units, you don't have enough to be diversified or profitable on a regular basis.  He is right.  Most little landlords don't really make money when opportunity costs are considered.\n\nBe conservative in borrowing money.  You are using someone else's capital and that is good, but be conservative.  Worst case scenarios happen.\n\nIn equity securities, learn to do financial statement analysis and do it well.  Do not invest yourself until you do.  Until then, if you are in the US, go to Edward Jones.  They are expensive but they are good and they will keep you out of mischief.\n\nFinally, 80% of the people who drive cars believe they are better than the average driver.  Of course only 50% can be and there isn't any evidence the 20% who do not think they are, are in fact the best drivers.  The average investor believes he or she is much better at it than they are.  PRESUME you are an inferior investor.  This will help you tremendously, especially if you actually get good.  Do not select investments you like, this is the path to destruction, exclude investments you do not like.  You will find a set you are uncomfortable with but cannot find anything wrong with.  This is probably the best set.  It is rare for an excellent investor to really be comfortable with their investment set.\n\nUse objective criteria based upon fundamentals alone and begin excluding choices.  Include the entire universe of investments including debt instruments.  \n\nFinally, there is a 50% chance of you becoming disabled for at least three years and a 33% chance of dying before 65 so two other tips.  Your most valuable asset is you, so buy disability insurance...very good disability insurance.  You will find not all policies are equal.  Little differences have big consequences in terms.  And, if you plan to marry then buy your life insurance now, it is cheap.  Shop around too.  The difference over long periods of time between the best and worst policies can be 6x the outcome.  If you happen to be Catholic consider the Knights of Columbus, their whole life policies, because they do not pay taxes, come in just slightly below the bond market rates.  In essence they act like very strong bond market mutual funds with super low fees.\n\nFinally, learn to use Excel.
570791
here is my opinion but first here is my disclose sure\n\nAll opinions and comments are not be held againest me in any way or action. All views of investing1987 should be taken to a professionally for evaluation. investing1987 is not held labial for any action which you pursue. \n\n1. get a financial advisor\n2. if you are 18 or older you can get a scottrade account with a minimum of $500 account balance and buy and sell stocks. You can do far better than saving money in a bank. Even if you just hold for a while. You can also loose it all first read about the stock market before you consider investing and never buy on margin.\n3.if you get a 5% return in 1 year that is $500  but that is off of the full 10,000   you need to get a money market\n4.Talk to your parents about the financial worry\n5. save your money dont spend it on cars. Car are the number 1 waste!!!\n6.After you obtain a job then apply for a credit card with a limit of $500  and start with small purchases and build credit \n7. get student loans that you dont need to pay back until after college THEY ARE OUT THERE!!\n8. The federal goverment has grants which is money they give you that you dont need to pay back. Same with your state. Only thing is i beileve you need a job so keep your job until after you get the grants or switch jobs as long as your working.\n9. if you are not on the insurance with you family then you can apply for financial aid by yourself which would mean you would get more support.  You can still apply even if you are on your parents insurance but you may not get the same  :&#92;\n10.apply to scholarships even if they dont apply to you TRUST ME! if no one applys or your grades are better or you need the money more financial you can still potentially get it.\n11. apply to all amounts large or small think of it as free money.\n12.look for organizations that help with assistance they are different than scholarships they give you money on eathier a loan basisi or a grant style. THEY EXIST.\n13.use the internet for more scholarships THERE IS EVERY YEAR OVER 2 BILLION DOLLARS IN SCHOLARSHIPS THAT ARE NEVER AWARDED because no one applys\n\nI hope this help if you need more advice you can email me at investing1987@yahoo.com
206237
It's just like how you learned to swim.... jump into water as soon as possible.\nThe younger you start, the better you will be. You will never start investing in stocks if you don't have confidence that you will earn profits from stocks investment. You don't need to start with BIG investments in order to learn about stocks investment. Basically, you need to be focused on one industry and get all the information about a company that you would like to have shares.\n\nGood luck..!!
124127
Well i am no expert but i have done fairly well in the stock market following something rather simple.\n\nI invest in 2 diffrent ways.\n\n1st What do people do at all times?\nThey get married,divorced, children born, loved ones die, get a new job, get fired, buy a house or lose it all. \n\nThey drink. I have invested in booze rather well. It's not something that is going to make you rich but it will be safe and keep up with inflation. It's like plumbing, people might quit smokeing or drinking but nobody is going to quit hitting the head.\n\n2nd i have invested in what the military is useing. The company that makes medals and makes uniforms. Gerber Blades and Leather man Paratools. Everyone has one. General Dynamics makes alot of the communications and electronics for tanks and troops. ect.\n\nI'm not rich but when i retire i can just live and spoil my grand children.\n\nOne more. Invest in yourself. Going to school and buying land. Own a home. Own your car. Invest in things that you enjoy collecting (I collect coins). Get a good retirement fund. (I use TPS, it's the government reitrement program for Federal workers). 15% per paycheck.\n\nGood luck. Start early and stick to it.
188821
It's hard to give you any real investment advice without knowing more about you.  How much disposable income do you have, in other words, how much can you comfortably afford to invest?  Do you rent, live at home, something else?  What's your occupation?  What is your risk tolerance?  Is the job you're in what you plan to do the rest of your life?  And the biggest thing, what do you want the invested monies for.  Long term such as retirement or a shorter term.\n\nIf you were one of my clients, there are a lot of things we would talk about before we would pick an investment.\n\nRight now with your income I would tell you to stay away from anything with any risk such as mutual funds or stocks.  Perhaps savings bonds or a high yield savings account.\nAnother thing to invest in is perhaps furthering your education and moving on to a higher paying job.  Investing in yourself.\n\nPlease consult a financial specialist.  It's better to get professional help.  If you have any questions, feel free to email me here.
303795
The main reason you invest money is because you will need money in the future when you retire.  You also invest to buy a house or to save for a time you are layed off.\n\nFirst, I would make sure you have at least 3 months salary saved up in the bank or in a money market fund for an emergency fund. Financial disasters like getting layed off or sick happen to all of us.\n\nSecond, I would pay off all high interest debt. Pay off everything you can except the house mortgage. Paying off debt is one of the best investments you can make. You will have more money in the future because you won't have credit card bills to pay.\n\nThird, if you have money left, start investing in stocks, bonds, and money market funds. You want to buy a diversified portfolio of stocks, as individual stocks are too risky. For most folks this means buying mutual funds. I like Vanguard.com, other people like Fidelity, TIAA-CREF, and DFA. Buy no-load, low cost funds. If you are like most people you will invest part of your money conservatively, in money market funds and bond funds, and part aggressively in stock funds. Vanguard.com has an on-line questionnaire which will give you an idea how aggressive you want to be. \n\nInvesting in a mutual fund IRA for retirement may give you an income tax break. Talk to your tax adviser. You may also be able to invest in a stock mutual fund via a 401K plan at work.\nTaking advice off someone you met over the Internet and know nothing about is risky. Read these websites for further information.
3068
Find safe investments through a reputable investment firm.  That way you'll make some money but you won't lose it.  If it's for college you probably want to hang on to at least what you have.
320046
Buy a diversified series of HIGH QUALITY, LOW EXPENSE mutual funds. One good piece of advice is that especially when just starting out, owning individual stocks is just way too risky. In many cases, it's more akin to gambling than investing. So go with mutual funds, which are much more diversified, and therefore spread the risk among many, many more holdings. The key, of course, is buying quality. So make sure you hit ALL the asset classes, like Large cap stocks, small/mid cap stocks, international stocks, emerging markets stocks, government debt, corporate debt, hi-yield debt, foreign debt, emerging markets debt, real estate, commodities, and precious metals. That's 12 categories right there, so with $1200, you're talking about $100 each. This is called asset allocation, and it's a step beyond simple "diversification", which most idiots think is buying a hardware tech stock AND a software tech stock.\n\nAdd systematically on a monthly basis. That means make sure you put the same amount of money in every month, no matter what. Soon you won't even care what any of the markets are doing. They're up? Great! Some of my investments are worth more. They're down? Great! Now I'm buying quality investments at an "on sale" price.\n\nThen sit back and re-balance each year, back to your original percentages. Again, this is called asset allocation. It's is very important, perhaps the most important thing you can do with your money. The thinking being, what's BEEN hot is more than likely not going to STAY hot. All markets are cyclical. There's hundreds of years of data to back this up. Yet some people still think they can ride the next hot wave. They usually wind up begging on the street for beer money.\n\nNow, this sort of portfolio should average 8-12% per year, so just split the difference and say 10% on average. Will it do 10% EVERY year? Of course not. I'd be surprised if it EVER did EXACTLY 10%. That's an annual average. With that average, your money should double roughly every 7 years.\nSo, if you're starting with $1200 or so like I said in my example, then in 7 years , even if you added no more money, you should have about $2,400\nin 14 years you should have about $4,800\nin 21 years you should have about $9,600\nin 28 years you should have about $19,200\nin 35 years you should have about $38,400\nin 42 years you should have about $76,800\nin 49 years you should have about $153,600\nin 56 years you should have about $307,200\nin 63 years you should have about $614,400\nin 70 years you should have about $1,228,800!\n\nOf course, if you keep adding money in that $100 a month, you'll become a millionaire MUCH sooner. The key is discipline, and sticking in when markets are up OR down. Don't try to time the market--you'll NEVER get it right.\n\nBy the way, here's a handy formula:\n\n$100/month x 12% x 20 years = $100,000.\n\nSo if you need $300,000 in 20 years and have no idea how to get it, just save $300 a month and you're there. If you don't get 12%, you'll wind up with less naturally. But IF you still wind up with $250,000, I'd call that one hell of a failure.\n\nOh, and if you qualify on income limits (generally, if you're a single filer and make under $90,000/yr), and do this all in a Roth IRA? Then every penny will be 100% TAX-FREE. That's a deal that's too good to pass up. That's why I tell anyone who's under 30--if you make under $90,000, and therefore qualify to do a Roth, you'd be a fool not to. Just having the power of youth (and therefore time) on your side is such an advantage, to squander it would be such a waste!\n\nHope this helps!\n--J.
411102
Hi, i suggest a great site with plenty of Issues related to your Investing and everything around it. it also provide clear and accurate answer to many common questions.\n\nhttp://investing.sitesled.com/\n\nI am sure that you can get your answers in this website.\n\nGood Luck and Best Wishes!
218552
You can get a feel for the "game" and not own a share of any stock. Select some stocks you think might be a good buy and set up a portfolio on a spreadsheet. Follow the stocks over a period of time and see how you did. Have a reason why you picked each stock and see if it turns out to be correct.\n\nAlso pick a couple of good index mutual funds from Vanguard, Fidelity, T Rowe Price and see how they do. I'd bet in a year they will be doing better than the total of the stocks you pick yourself.
251014
First, I would make sure you have at least 3 months salary saved up in the bank or in a money market fund for an emergency fund. Financial disasters like getting layed off or sick happen to all of us.\n\nSecond, I would pay off all high interest debt. Pay off everything you can except the house mortgage. Paying off debt is one of the best investments you can make. You will have more money in the future because you won't have credit card bills to pay.\n\nThird, if you have money left, start investing in stocks, bonds, and money market funds. You want to buy a diversified portfolio of stocks, as individual stocks are too risky. For most folks this means buying mutual funds. I like Vanguard.com, other people like Fidelity, TIAA-CREF, and DFA. Buy no-load, low cost funds. If you are like most people you will invest part of your money conservatively, in money market funds and bond funds, and part aggressively in stock funds. Vanguard.com has an on-line questionnaire which will give you an idea how aggressive you want to be. \n\nInvesting in a mutual fund IRA for retirement may give you an income tax break. Talk to your tax adviser. You may also be able to invest in a stock mutual fund via a 401K plan at work.\nTaking advice off someone you met over the Internet and know nothing about is risky. Read these websites for further information.
296835
You could start by educating yourself. Read on the "Rich dad, poor dad" series of books by Robert Kiyosaki. Its a good book to start if you are naive to investing.\n\nThe first books in the series discusses about "financial intelligence". His perspectives are a real eye opener. From here, you develop an "eye for investing".  And believe me, there are so many investment opportunities, if only you are learned enough to see them.\n\nThe later books in the series, the "advisor series", gives more practical ideas on where to invest according to your competencies or interests. \n\nLooking to retire at age 52? That's too late! You can do it by age 37! Or even by age 36. You just need a good mentor.\n\nPlease do a google search on Robert Kiyosaki so you can judge for yourself based on the book reviews from the various critics and financial gurus.\n\nOn mutual funds, time deposits, saving accounts, bonds, etc.: Look for interest rates that keep you 6 points above the inflation rate. Lower than this and you might fall short on funds after your target retirement age.  \n\nMy personnal preference? Online stock trading! It works for me!