Investing
Surprised this isint a repost. Were the forums cleared? I am new to investing and have about 10k disposable would anyone suggest any reading material to get started? Thanks to anyone who answers. =D Sorry again I am sure im reposting but i cant find ANYTHING it appears forums have been erased.
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Re: Investing
a random walk down wall street - burton malkiel
intelligent investor - benjamin graham those will cover the two most widely believed theories about the stock market. |
Re: Investing
before you put a nickel anywhere other than a moneymarket fund go to the library and read everything. a little knowledge can be worse than none. and few if any books will enable you to beat the averages in any investment.
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Re: Investing
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and few if any books will enable you to beat the averages in any investment. [/ QUOTE ] Which is why you should find an index fund, stick it there, and forget about it for a decade or two. |
Re: Investing
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[ QUOTE ] and few if any books will enable you to beat the averages in any investment. [/ QUOTE ] Which is why you should find an index fund, stick it there, and forget about it for a decade or two. [/ QUOTE ] How do i "stick it in there"? haha.. Say I have an ameritrade account, can I buy a Vanguard fund within my Ameritrade acocunt like stocks? Or do I need to call up Vanguard and open up an account with them? Are there minimum $ requirements? |
Re: Investing
You can buy Vanguard from Ameritrade. It varies from fund to fund, but I think most Vanguard funds have a minimum initial investment of $3000 or $1000 for an IRA.
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Re: Investing
Thanks for your comments. Anyone have anything to add before this thread dies?
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Re: Investing
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Thanks for your comments. Anyone have anything to add before this thread dies? [/ QUOTE ] index funds = good random walk down wall street = good vanguard = good www.diehards.org = good That is all. |
Re: Investing
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[ QUOTE ] and few if any books will enable you to beat the averages in any investment. [/ QUOTE ] Which is why you should find an index fund, stick it there, and forget about it for a decade or two. [/ QUOTE ] if you don't have the time or willingness to learn about investing do dump in an index. if you beleive the market is a great place to invest, there is nothing wrong with this option. holla p.s. www.younginvestors.net i hear they have a decent board up |
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