Help with my options for a Roth IRA?
Ok, so I started a ROTH IRA today with Ameritrade. I funded it. Now I’m at the point of trade. Keep in mind I’m a newborn to this, I was wondering if I divided my funds between 2 ETFs am I considered "Diverse" until I put more funds in to buy other securities such as bonds, cds, mutual funds(which I will probably invest less because I’m in my prime(late 20s)). I am researching through the ameritrade site and investing for dummies by the way. Any other advice for me? I’m chosing to go with the ETFs chosen by Suze Orman. My funds are equal to 00. Thanks in Advance.
I’m going to do lump sum investing, once a year.
I need a mentor who has time they can give; advice on investments. Please Read Below.?
First I would like to say that I am looking for a trustworthy mentor who has peoples best interest at heart. I am a young ambitious 18 year old who desires to live financially free. I have researched about the market. I have watched CNBC daily instead of watching mtv. I have read Rich Dad Poor Dad which was a very influential book which I think triggered my thirst for financial independence. I now am determined to increase my financial intelligence. I have read stock investing for dummies and I am currently reading ‘the only investment guide you’ll ever need – Andrew Tobias. (I am aware that in the road of investing you must continue to learn new things because in todays era, change is common. So the title is by no means represents my frame of mind.) Anyways I really just would like to ask someone specific, detailed questions about certain steps I should take on this path. No questions like should I buy or sell in this company? But just questions on strategies, techniques, in maximizing your profit & legal ways to avoid paying a load on taxes, steps in opening an account, which online broker should I chose and so forth. The reason why is that no matter how many books I read (I plan to read a lot more) I need the guideness and I need the experience in this field in order to become successful. Anyone who is a expert on stock market, real estate, accouting, finance, management, marketing & sales, and taxes. I would like to establish a relationship and begin this journey towards financial freedom! I feel the need to take up someones mantel in a way, or carry on their legacy. Thank you, for your support, time and efforts. It is greatly appreciated.
How to start investing in the stock market?
First I would like to say that I am looking for a trustworthy mentor who has peoples best interest at heart. I am a young ambitious 18 year old who desires to live financially free. I have researched about the market. I have watched CNBC daily instead of watching mtv. I have read Rich Dad Poor Dad which was a very influential book which I think triggered my thirst for financial independence. I now am determined to increase my financial intelligence. I have read stock investing for dummies and I am currently reading ‘the only investment guide you’ll ever need – Andrew Tobias. (I am aware that in the road of investing you must continue to learn new things because in todays era, change is common. So the title is by no means represents my frame of mind.) Anyways I really just would like to ask someone specific, detailed questions about certain steps I should take on this path. No questions like should I buy or sell in this company? But just questions on strategies, techniques, in maximizing your profit & legal ways to avoid paying a load on taxes, steps in opening an account, which online broker should I chose and so forth. The reason why is that no matter how many books I read (I plan to read a lot more) I need the guideness and I need the experience in this field in order to become successful. Anyone who is a expert on stock market, real estate, accouting, finance, management, marketing & sales, and taxes. I would like to establish a relationship and begin this journey towards financial freedom! I feel the need to take up someones mantel in a way, or carry on their legacy. Thank you, for your support, time and efforts. It is greatly appreciated.
Any crazy money earning ideas?
i’m kinda broke at the moment…& been reading investing for dummies
What are some great books on investing?
I am a beginner to investment and trade with a attitude for learning the most I can before making any decisions. I just finished my "Investing for Dummies" as well as "Trading for Dummies". I have a basic concept of both investing and trading and want to go deeper. Any good suggestions on how to approach? Thank you in advance.
Ok so I have a question about this statement?
This is an excerpt from Stock Investing For Dummies.
"A good example of market risk with a stock is Apple. Had you bought Apple in early 2007, you could have gotten it for about a share in January of 2007 and watched it rise joyfully upward to hit 5 a share in December 2007. At that point some giddy investor may be thinking, its time to pop the champagne. Hold on a second, within three months of that top, apple had a dizzying plunge to under 0 by March 2008. It’s typical for stocks to take a relatively long time to climb, but they can fall in a relatively short time. In that example, a long term investor would still be up, but some short-term folks that jump in and jump out would have been burned."
Now to me it sounds like it would actually benefit the short term investor to sell of those stocks at 5 a share and make a huge profit, and that the long-term investor would lose money. So my question is, is this bad advice on the authors part?? or am i not understanding it completely and if not why would it be better to invest long term.
What books would you recommend to a beginner in investing?
Similar books to "investing for dummies" e.t.c.
The Intelligent Investor?
I’m 14 and I’m almost finished with Value Investing for dummies. Would The Intelligent Investor baffle me or can I handle it? I have the termonolgy almost down.
Best book to read for online investing?
I’m about to check out a book from the library on how to make money off of Scottrade online investing. Any suggestions on the most beneficial book to get? Is Online Investing for Dummies any good? Thanks!
What is a good online stock trading broker?
I am currently with sharebuilder, but I do not have any money in my portfolio simply because right now I’m learning by reading their website and some books namely "stock investing for dummies."
Anyways from some opinions I have heard about sharebuilder is that it is a great place for the beginning stock trader to begin but some of the drawbacks mentioned were that they have high fees.
I wanted to know from anyone that is a novice, intermediate, or very experienced online stock trader which brokers they have used, the pros and cons to each one (ease of use, reasonable fees), and ultimately which broker they currently use.