I have a savings account but would like to invest around $50 a week in another vehicle. Most investment firms will not even talk to you unless you have $1,000 to $5,000 to start. Where can I invest ...
It might be stupid question but I always wonder if the market is down and will eventually come back up, why not investing on some stocks now since they're lower priced and sell them when the ...
I know a really good friend who wants to save $350.00 to get a labrador retriever. It's getting cold so its kind of hard for rummage sales or car washes. Her sister gets all of the babysitting ...
we want investing basics (401k etc) but some of the paperwork is confusing, and i have no idea where to start. any good sites on the web for people with no basic idea of investing or how to begin? ...
Does a split affect the price of a stock? If so, than how? I have not noticed any half price reductions because of splits on the charts. Additional Details Heres some good info on the ...
It's a good idea to invest early. Invest a little while you're still IN college. :) But invest wisely.
razzb
"The best time to start investing is 10 years ago. The second best time is now."
Can't remember who said that, but it's great advice. Compound interest is the key to long-term investment success and the more time you have to accumulate it, the better. Even if you barely have anything, set some aside and invest it. NOW.
DeeDane
age 21
jojo
The earlier the better. If you would like to practice your investing skills, I suggest looking at http://www.top10traders.com This is a totally free site. You can create your own portfolio of stocks with $100,000 in 'play' money, and then watch how your stocks compare against other traders.The site also lists out which investors are doing the best and what stocks they have bought. Just click on the portfolio of the best investors and you can see the stocks they like. When you feel comfortable with a stock that you have in your 'play' portfolio at http:www.top10traders.com then you can go out and buy the real thing. Good Luck!
No
Any age really but the earlier the better ....not only will you be doing yourself some good by thinking about your uncertain future but you will also God forbid have rainy day emergency money if something prevents you from working. So even if it is 50.00 dollars a month that's 600.00 or more including interest that you can count on a year stashed away.
ron
Right as your reading this! The government wont be there to assist you by the time you retire and the retirement package with your employer may not be as good either.
roxy
As soon as you get your first paycheck. It takes a long time to accumulate wealth and provide a stable income for retirement. Investing is a good insurance policy.
Dallas
Any age is a good age to start investing. The sooner the better