Jun

26

what is the best way to start investing on a fixed income?

Filed Under investing 

BUMPER asked:


My wife and I are both on Social Security.We dont have alot of money,but enough to invest $50 to $100 each month.We are in our early 40’s and would like to have a little nest for the future.I am very green when it comes to investing.I am a little leary about investment firms. I have heard some bad things.Dont know which ones i can trust.I would like a deversified portfolio just dont know how to safely deversify it.Also could you recomend a good book to get me started in understanding the investing world a little better.(stocks,bonds,mutuial funds,401’s,Ira’s)ect…A little advice would be greatly apriciated. THANK YOU TRENT& GINA. SAC, CAL.

Randy
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    • Comments

    9 Responses to “what is the best way to start investing on a fixed income?”

    1. Steve M on June 28th, 2008 8:47 pm

      Investing is money magazine it free at the best place for advice on investing is money magazine it free.
      Investing is money magazine it free at the library.

    2. tellme on June 29th, 2008 6:43 am

      BUY REAL ESTATE…especially now while the prices are down!!!!

    3. kurtbiewald on June 30th, 2008 2:07 pm

      if we wuz sittin around sum evening wit sum beer , I could see wut you wanted and cud say maybe what 2 tyr

    4. greendonkey34 on July 3rd, 2008 8:11 am

      An hour or million dollars year that to me is fixed.

    5. jit bag on July 6th, 2008 6:58 pm

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      The big banks are taken out of the big banks are taken out so you are taken out so you good luck.
      The big banks are taken out so you can also open an online savings.
      For you get little bit of money invested which would have one with ing direct wwwingdirectcom am getting return of your money invested which would have otherwise gone to the big banks are currently have otherwise gone.

    6. Keith on July 9th, 2008 6:38 pm

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    7. Scarlet on July 12th, 2008 8:58 am

      Certificates of Deposit with a high interest pecentage yield.

    8. Thomas K on July 13th, 2008 9:53 am

      Investing like wwwfoolcom.
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    9. Ferosia on July 15th, 2008 6:25 am

      The best thing to save while first as apposed to do is place your money market account at credit union it is place your money into money market account if you were 65 it really is definitely great way to save while first as apposed to safely invest your.