came into a bit of money and im looking to see whats the best way to make my money work for me. Looking to invest some of it but i dont know where to begin and anyone will some good advice it would ...
I have recently won 50,000 pounds in premium bonds and was wondering what the best way to invest this would be. Ive thought about property and seems the best way however i was wondering if there was ...
Delta has plans to renovate 100 of its 477 jets for long-haul routes. They feel this will attract perk-loving long-haul fliers.
Would this be an excellent time to buy its stocks? A...
OK, so im 21 and I've been saving every dime ive made since i was 16. ive recently made some large purchases, but have a lot of money left over to invest. Im tired of it just sitting in my ...
I have to agree somewhat with North, but a 3 month supply of non-perishable foods? Maybe a one or two week supply would not be remiss also a plan of how you intend to weather an emergency. Storing fuel in ones garage can have unanticipated consequences, the least of which is that after a period of time it will go stale.
I believe that investing is a path to a more secure future and that everyone should have an investment plan, long term investment plan, which incidently should include a strong cash position for the unexpected such as loss of employment.
The absolute minimum to begin investing is somewhere in the neighborhood of $500 to $5000. Risk is best mitigated by diversity. Diversity is best achieved by investing in a mutual fund or rather a variety of mutual funds. At the $500 level, your options are more limited and risk greater than at the $5000 level because mutual funds have a minimum level of investment. ETF's are traded like stocks and you can purchase them with a smaller investment, but in order to do so you must open a brokerage account and pay a commission to buy and sell them. Among open end mutual funds there are both load and no load funds. At first blush one might ask why buy a fund with a load if one can purchase one without a load. There are a couple of reasons to consider load funds. Some allow you to invest with a smaller amount of initial investment and many have lower expense ratios than no load fees. Low enough so that over about 5 years time they are break even. But many mutual funds do not perform as well as the market in general, about 70%, so you have to be somewhat selective. There are good ones out there and Yahoo finance can show you the way.
A good investment play is to eventually have about 5 different mutual funds with different investment goals and add to them periodically at least once a year.
Homepage 
Financial
Forum 
Investing 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
