Investing

[Ray Zee]

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.

[RunDownHouse]

[ 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.

[KKrAAAzy88s]

[ QUOTE ]
[ 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?

[icetonez]

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.

[Maulik]

[ QUOTE ]
[ 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