What stocks do you think are the best stocks to invest in? Do you think it is too risky to be investing in the stock market right now? Why or why not?...
Ok, i greatly overestimated my risk tolerance. I had a lot of $$ in a mutual fund, then when i saw the market tanking, i panicked and sold at a loss (about 38%). I now have about 140K left, which is ...
and roughly 500 dollars in emergency/bill money in a checking account(i know no interest but its a small amount not accruing without the ties of an interest earning checking account) and college is ...
I need good tips for "investing", things you've tried that work. Preferably no stocks. I have a very moddest income and would like to do more than just save in an account.
Open a Roth IRA with http://www.vanguard.com . Buy 1 or two stock mutual funds. Do a regular withdrawal from your checking account to deposit into the account.
Thomas O
Open a Vanguard account. They have a good reputation for not gouging their customers with fees. Start with the Money Market Prime fund currently yielding 5.09%. Then spend some time exploring Vanguard's mutual funds. Vanguard has dozens of funds so it can be a bit overwhelming to sort through them, but figure out how soon you are going to need the money and select funds that fit your time horizon.
One thing to consider is a Target Retirement Fund, which holds a mix of bonds and stocks. For example, if you turn 65 in 2045, you'll want to look at Vanguard Target Retirement 2045 Fund (VTIVX). If there is some money you'll need sooner than that, select a different fund or just leave it in the money market fund.
Investors_noob
you can invest your money at a stock like AENS.OB. A great protential growth stock with a 1y Target Est: 36.80 and now its just 0.98. It generates a great sheet of Annual and Quarterly increase revenus data.
Act now before its too late for that.
It would become your first milestone.
Jason S
the safest thing to do is put ur money in a cash account online such offered by fidelity, they give u around 5 percent back on your investment which is a lot better than most banks. the next best thing is a mutual fund, they involve some risk but not as much as individual stocks
aaron_esq
Invest your money in a savings account.
Arpit M
If u have a medium term or long term prospective then it's a good market for equity investment by say around 2010 u can even double Ur money & if u have a conservative scenario then it's gud to go for mutual funds..... which could yield u around 40-60% returns but plz gud amc's only.....