Dare to Invest
164 members Daring to Invest have tracked a total of 36 times
Investing money can help you build wealth and become financially successful for life. Meeting with a financial advisor may be the first step to finding out how to invest, where to get started and manage your finances for your future.
Member Comments
I suggest that the first thing is to get Knowledge. I have found www.investopedia.com to be real good as a beginner's guide to start investing. Go ahead and look at it.
Thanks Empresskimz1, I will look at it.
also, take a look at ETFs (exchange traded funds) - they index the markets so you can own a share in a broad sweep of companies.
They are cheap to buy, have virtually no costs associated and you can own a decent cross section of the market with a well selected set.
A well diversified portfolio is your friend, emotion is your enemy. :)
See here: http://etf.stock-encyclopedia.com/
Good luck!
they should make up approx. 5% of your total portfolio - try to balance your portfolio, do not put all your money in one asset class.
Good luck!
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I'm busy working away today although not near as much as i'd like, can't seem to avoid distractions !
Did 4 hours of study today because we left early. That's 11 this week, a further 21 before Friday and a few Saturday and i'm up to speed. :D
Done my reading for Tuesdays class and have made a start on an assignment with 3 weeks to the deadline. I'm determined to get the top grades.
LIVESTRONG :D
Started an assignment 4 weeks early and im busy doing the reading for another class. Im slowly getting to the 35 hour study week. I want to ace all my classes !
Spent 8 hours studying today... Got half an assignment out of the way. I can be so disciplined when i want to be. :D
Well there isn't a dare for education so i'm going to use this place to do it as it is an investment i guess :D
I'm currently studying at University and i'm going to aim for 30-35 hours of study per week to ensure i graduate with a good degree and get the career i want.
Happy new Year and a prosperous 2011 :D
Been trading stocks thru thinkorswim for about 1.5 years. Just started trading commodity futures.
My goal is to become a better trader this year and to double my account.
Good luck out there in the jungle!
Im currently reading and investing small amounts of money to build my confidence and my wealth. when i get enough I'm going to promote my self to real estate...but first things first. Baby steps
Does it make sense to put large sums of money in things that produce interest?
Inflation makes me lose money every day; I know I should invest, but I don't have enough confidence in this regard.
What would you suggest?
read and learn how to invest, then practice with small amounts of money until your confidence increases
RH5150
Fidelity is rock solid however after many years in mutual funds with them I have gotten out of MFs and transfered my equity to
ETFs so that I can be more agile in the event of another economic crisis. I had fidelity open a brokerage account and currently have my IRA invested in Vanguard Emerging Markets, symbol: VWO. Best of
luck.
Well, The first step for me to start investing is learning everything i can about real estate investing in Lebanon.
So for the past one month I've been doing just that, and i do believe that i need another 5 to 6 months to complete my training and be ready to start investing in that area.
By streamorchid on September 29, 2011 at 04:40 PM
Hi all, I'm new here and new to investing. I have often heard that meeting with a financial advisor is a good first step. Does anyone know about how much they charge? How are they paid (I know this must sound silly if you've done this before)? What's the best way to find someone that you know you'll like? Thanks for any advice