Investing money?
I'd like to start investing money in mutual funds or stocks. I really dont know much about doing this. I know i can go to morningstar to see what types of things to pick...but where can i actually sign up to invest in something? I am going to do more reading on this, but I was hoping i'd get some replies here about good sites to sign up at and invest money. thanks. If i wanted to invest money at this moment where would i go?
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- go to like the london stock exchange, or your closest one and read on there
- Go to murreymath.com. Email Julie and ask for info. It is a good start into how to read the market, any market. Good luck. You can email me for questions if you wish.
- Never invest money in anything you don't completely understand. Go to Barnes & Noble, and read a few books. Then, look on line for some "stock brokers", they act like the pizza guy (they take orders for what you want to buy, then they deliver it to you for a fee.) A couple of the popular ones are Fidelity, Scotrade, and E-trade.
- Reading is the best thing you can do right now. There are plenty of sites that will tell you what to do with your money, but nothing beats the library. Whatever you do be careful investing for the long term until the market settles down. Go to e-trade,TD ameritrade,Scott Trade or any other online broker can get you set up with an account. Stay away from full service brokers.
- Start by self-education. "Investing For Dummies" is a good starter book.
- There are several on-line houses to use. Fidelity and others are good. Make sure they are reputable. Invest in gold right now or low risk mutual fund. The economy may not come out of this for awhile.
- I like Charles Schwab, you can get just about anything you want there, the trading costs are reasonable and their system is reliable. Unless you have a lot of time to spend on securities analysis, you should opt for a well-diversified portfolio of mutual funds. Your Complete Guide to Investing in Mutual Funds is a good site to add to your reading list. It is a comprehensive resource for individual investors. Even if you choose stocks over mutual funds, the site has a good section on investing basics. You'll find a link below.
- Do NOT invest in stocks. The better way you can make your money work for you would be to make investment in Europe. You will get the highest annual percentage rate from a CD overseas (10%). Alternatively try to invest in someones business. You may receive 15 to 20% guaranteed interest per year. You will not get such high guaranteed returns on stocks, mutual funds, bonds or CD's. I run my own business and make over 5% return on my money per month. I have 10 years of investing experience. Email me at investment4us@hotmail.com and I'll give you a valuable advice if you are serious about investing. Please don't forget to mention your question and screenname on Yahoo Answers. Best of luck! Smart InvestorĀ®
- Your first option, should be to open a retirement account. This is always a good investment, regardless of who you are. If you have fully funded your retirement account and would like other options, you should consider a DRIP Plan. They are seldom recommended by brokers due to the low rate of commissions received. However, these reinvestment plans can be very powerful long-term investment. Studies have shown that DRIP's are one of the best strategies on Wall Street. They are inexpensive and easy to start. New investors to the stock market should definitely consider a DRIP Plan. Companies like Toyota, Royal Canadian Bank, Sony, Bank of America, General Electric and many other Blue Chip Stocks can be purchased through your DRIP Plan, with as little as 1 share in most cases. These long-term plans are great for beginners as well as veterans. Check them out. Best of Luck
- invest some of your time in educating yourself, before you invest your money.
- I would recommend zecco.com because commissions are the lowest around. I must give you a word of CAUTION though: We are in a "bear market" and could be for a long-time. The Fed is going to continue to drop interest rates just like Japan did in the 1990s. If the US market is anything like the Nikkei, the US market is the WORST place to be a buy-and-hold investor. Let's say you started working in Japan in 1989 and added $5000 to your 401K every year... you would still be underwater 18 years later!! That is a taste of what is to come for the U.S. The US market and brokerage firms have "conditioned" the American investor to be buy-and-holders ever since witnessing the best bull market in US history (1980s-current). That is now changing!! The places you want to be is gold, silver, agriculture, alternative energy, oil, commodities, etc. If you can short the market using an inverse fund (Rydex or Profund), you can probably do very well there too.
- If U love low risk investing I think Funds Constantine it Good !!! Amazing Chart in Constantine Up and Up and Up and u can start free and get Free Real money $5 for start
- Hello, I also had a similair problem as you have. I had a good amount of money, and wanted it to grow. So I looked around on the internet to find something that is: 1) giving me great returns towards a relatively small risk 2) Professional people who know what they where doing with my money. I'm glad to say I finally found a moneymanager who is capable of giving me good returns and give me a great support. On this blog you can follow up all the results that he is making: http://my-robottrader.blogspot.com/ My money is working for me, in a little over two months I already have a ROI of 62%. So you don't hear me complaining! Annyway if you would like to get in touch with my moneymanager to have some more information feel free to contact me you can send an email to me at derrekmay at gmail.com. Then I'll give you the email adress of my moneymanager Hope this has helped you!
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