Basic investing tips

Started by Deleted user
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Sarah S.

Investing sounds scary! I definitely would need to do a lot more research before I'd think about utilizing the stock market. I'm considering something like a Roth IRA though. That's what I'm looking into now.

Deleted user

Thanks for the information, I'll be looking into getting started.

Deleted user

Well I got started with my first investment account with E-Trade.

DL

David L.

I read a lot of questions asking "which stock is best?" Not to be coy, but if you ask that question, then you probably don't know "the next great thing" – and if you don't know the next great thing, you need to diversify so that you don't lose your money on a bad pick. Admitedly, a diversified portfolio (and most mutual fund companies allow partial share purchases) won't protect you from all risk and won't fly meteorically since it's a mixed group of stocks.

Deleted user

I'm glad I started investing in the stock market, monies have been growing.

AY

Aaron Y.

I read a lot of questions asking "which stock is best?" Not to be coy, but if you ask that question, then you probably don't know "the next great thing" – and if you don't know the next great thing, you need to diversify so that you don't lose your money on a bad pick. Admitedly, a diversified portfolio (and most mutual fund companies allow partial share purchases) won't protect you from all risk and won't fly meteorically since it's a mixed group of stocks.

Well said.

SP

Shannon P.

I started out with a very small investment but I'm still skeptical and really not sold on the whole idea of investing.

MM

Manuel M.

I read a lot of questions asking "which stock is best?" Not to be coy, but if you ask that question, then you probably don't know "the next great thing" – and if you don't know the next great thing, you need to diversify so that you don't lose your money on a bad pick. Admitedly, a diversified portfolio (and most mutual fund companies allow partial share purchases) won't protect you from a<ll risk and won't fly meteorically since it's a mixed group of stocks.

Well said.

KG

Kitraina G.

I agree with you Manuel, I also invest in mutual funds.

Deleted user

Always buy below your cost average. Remember: buy low, sell high

KG

Kitraina G.

Today I received my investment statement and received a big increase

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