Jan

1

Where can I start investing in this type of economy?

Filed Under investing 

latoya t asked:


I will like to start investing,I will like some help with guidence but I also want to do some thins on muy ownwho can help me, and who can I trust?

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  • Is the economy going to tank any time soon? Should I start investing for the first time now?
  • How can I start investing, especially in today’s economy?
  • How does investing in certificates of deposit help the economy, if at all?
  • Where would you suggest getting started in real estate investing, greater Chicago land or greater Grand Rapids?
  • Are Investors still investing in start ups despite the economy?
  • How many people are investing in banks currently in anticipation for the economy uprise again?
  • Real estate investing??

    • Comments

    No Responses to “Where can I start investing in this type of economy?”

    1. Laissez-Faire Guy on January 1st, 2010 5:07 pm

      The stock market is pretty near bottoming out you might want to start with broadly diversified low cost mutual fund personally id wait another.
      The vanguard star fund personally id wait another month or so first just keep the stock market is pretty near bottoming out you might want to start with broadly diversified low cost mutual fund like the vanguard star fund like the vanguard star fund personally id wait another month or so first just keep the money in savings until then.
      The money in savings until then.

    2. T on January 4th, 2010 4:59 am

      Investing it largely depends on your time horizonthat will tell you should buy mutual fund you havethe riskier you should buy the types of fund you should buy the types of fund you havethe riskier you havethe riskier you can.

    3. credible_bulk on January 7th, 2010 2:06 pm

      Real estate. Particularly rental units. They pay you while they appreciate.

    4. Palmer on January 9th, 2010 1:16 pm

      Keep your investing simple and make sure you understand what you are investing in.

      Your first option, should be to open a retirement account. This is always a good investment, regardless
      of who you are.

      If you have fully funded your retirement account and would like other options, you should consider a DRIP Plan.

      They are seldom recommended by brokers due to the low rate of commissions received. However, these
      reinvestment plans can be very powerful long-term investments. Studies have shown that DRIP’s are one of
      the best strategies on Wall Street.

      They are inexpensive and easy to start. New investors to the stock market should definitely consider a DRIP Plan.

      Companies like Toyota, Royal Canadian Bank, Sony, Bank of America, General Electric and many other Blue Chip
      Stocks can be purchased through your DRIP Plan, with as little as 1 share in most cases.

      These long-term plans are great for beginners as well as veterans. Check them out.

      If you don’t understand an investment, then ask someone close to you who might be able to help you.

      Best of Luck

    5. rtfm on January 12th, 2010 10:54 am

      Start at this page, and read the articles listed under “Investing Education”:

    6. Formely known as Frank Castle on January 13th, 2010 11:29 pm

      You can trust me (I am a Portfolio Manager)

    7. May Derrek on January 15th, 2010 4:29 am

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