BlvdBrawler
Superstar
fixed
Hows that AMD and NOK working out for you?
AMD is up like 7.xx% over the last two trading days. So far so good.
Haven't bought NOK yet... fukking ACH deposits take 3 days to clear. I should've done wire transfer.
fixed
Hows that AMD and NOK working out for you?
I usually put my money in 401-K, but i just came across a little bit of Cash from my Company Stock and wanted to reinvest in the market. What do ya'll recommend for a Newbie?
index funds. unless you want to pay attention to trends in the market everyday.
Dow, S&P, Emerging Markets? Any specific ones?
Gold bubble bursting
waiting for it to settle.
Gold bubble bursting
The best reason I can give to the young cats on this board to invest is how it was explained to me: if you're not investing in the market, you're losing money. The S&P500 gives an average annualized yield of about 9-10%. If you're stashing money under your mattress, or putting in a low-yield saving account, it's not keeping up with the cost of inflation. Even if you put it in a CD, you were about breaking even with inflation in the past, but as low as interest rates have been recently, you're not even doing that anymore. The only way to put money somewhere where it's working for you and generating returns that beat inflation so that you're not losing money is in market.
Read up on dollar cost averaging and sign up to an online brokerage site and build your investment plan. It's not that hard to do. I didn't start until I was in my late 20's and I wish I did sooner.