How do I start investing?

[sophie]

I don't know anything about investments. Does anyone have any good advice on where I can start? Oh yeah, and how much I need - not much I hope

[tuney55]

hi sophie,

I've just answered a question similar to this at this thread.

Diversification?

Hope this helps, but feel free to ask any more questions. Not that I'm an expert - just an enthusiast

[Gen3]

Try a managed mutual fund first to get your feet wet. It costs very little to start - some even at $50pm. Good Luck!

[Leena]

Talk to the friends. And if you are interested in stocks and funds, then try to know the market, how it is moving and then make a decision.
ALL THE VERY BEST

[Gen3]

Great time to look at the market is now. The stocks are going down rapidly - just look at the NYSE. Now may be a good time to get into blue chip co's at really low prices. HOMEWORK THOUGH!!

[kervinrudes]

Nice thread! I really like your provided information. It's really helpful for me.
Thanks a lot!

[spencer24]

The market is nowhere near its bottom, and buying now most likely means huge losses in the near future.

Originally Posted by Gen3

Great time to look at the market is now. The stocks are going down rapidly - just look at the NYSE. Now may be a good time to get into blue chip co's at really low prices. HOMEWORK THOUGH!!

[Gorgie]

Hi All
As you guys are looking for investment, why you don't invest your amount in Real estate . Its really a good way to invest your amount. With the help of it you can earn good amount of profit too.

[johns]

Investing in real estate now is even worse than puting your money in stocks. But, it is your money, do whatever you want with it.

[marsh]

My brother started investment accounts for my children, two own stock in Southern Company, two in PSE&G (both are utility companies). Their accounts were started with $250 invested directly though the companies. Many companies have direct buy programs which require low investments to start. He puts $100 into each account for them each birthday and Christmas. It is really easy to do. You can try to go to the company's websites and get information there. I think Coca-Cola has a similar program. On the other hand, starting a Vanguard IRA at your age would be a great option, you can learn more by going to Vanguard - Mutual funds, IRAs, ETFs, 401(k) plans, and more. Both the options I described are long term, stable investments with low or no costs. Good luck! If you want to learn more, Money magazine is great for learning about investments, I also like "The Motley Fool" investors, both websites are informative and legit.