Help me learn to invest
I'm a rookie with a little bit of money that I don't want to just sit in a bank account. Would you recommend mutual funds on a e-trade account?
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Re: Help me learn to invest
Unless you are planning to do research, you are better off sticking the $$$ in an index fund... and ETrade is a more than adequate place to do that.
You should also try to add $$$ every month! |
Re: Help me learn to invest
What exactly is an index fund and how is it different from a mutual fund?
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Re: Help me learn to invest
search this forum you will find a lot of topics on information your trying to find.
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Re: Help me learn to invest
or can you recommend a book for a beginner?
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Re: Help me learn to invest
[ QUOTE ]
What exactly is an index fund and how is it different from a mutual fund? [/ QUOTE ] An Index fund is a mutual fund with low expenses that tracks an index. Non-index mutual funds are usually more actively managed and have higher fees. The most popular index funds track the S&P500. |
Re: Help me learn to invest
A Random Walk Down Wall Street, All About Index Funds, are two good books, look them up on amazon to see what their all about.
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