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please help.
Additional Details
thanks guys, great points ... |
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 We need help with a Mutual Fund that is constantly in the minus.? |
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superdudeman | Can you make decent money investing $50 ever 2 weeks in the stock market? |
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Ron H
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Go on and do it. The good thing about starting as soon as possible is the compounding effect.
If you own a fund or ETF it is simple, if you buy stocks then you have to know something. People only make money selling stocks. This skill is much harder to acquire than buying good stocks. I am not sure why this is.
If I were you I would lean how to sell stocks first before you buy any. Just like leaning how to use the brake in a car before the gas pedal. Good luck! |
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swenjj
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even just that one hundred a month for 30 years at 11% interest is over 280k, so long term yes you can make decent money
troweprice you dont need a minimum, just a minimum monthly contribution of 50 bucks, start it now and retire with more than just a hope for social security |
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fatsausage
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I suggest that you start with a Savings Account and when you have $2,500.00 in it - open a Schwab one account. |
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Dfire
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If you do it for several years yes. Also if you buy stocks and hold onto them for several years you can. |
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Mariposa
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Depends on what you consider decent and the stocks you choose. The bigger the risk, the better chance you have of loosing your money as well. Just set your goal as something obtainable and not too out-landish. |
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Paul
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Yeah. I would suggest you to check the website below to learn more on shares and stock trading and how to select the best stocks.
Hope it helps
http://money-review-site.com/shares.html |
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kurticus1024
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dollar cost averaging
invest in good things
read and learn and be lucky and smart |
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kate
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Yes, that is $1300 a year which can grow from appreciation plus any dividends you might earn.
By the time you retire, you would have a lot of $$.
Start studying yahoo finance, the investing education section. |
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Frank Castle
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No.
SogoInvest will charge you $3.00 everytime you buy and that is 6% of your $50.00 right there. |
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