Investing Money Tips

[sherck]

Originally Posted by natagu23

Pointers on how to read the markets?

Beginner/ safe stocks I should be looking at?

Im really dead set at getting the ball rolling this Summer with investing.

I'll try to see if I can meet up with a financial adviser at my bank next month before I make any moves.

No reading the market.

Dollar Cost Average (DCA) into the market (invest the same amount every month regardless of if the market is up or down. When up, you buy less shares and you buy more shares when itis down or "on sale.") and let your investments without rebalancing.

Guy I listen to says no single stocks until you have more than $1m invested; the risk is too high. Good growth stock mutual funds with long track records.

If you want the math and history, find a copy of "Stocks for the Long Run" by Jeremy Siegel. Talks about how the market as a whole has never failed to be up over any 8 year timespan since the late 1600s in England and then the U.S. regardless of Civil War, World War, Great Depression or anything inbetween.

Cheers,

Sent from my SM-G930V using Tapatalk