My OperaInvestment Advice Stock Pro Tips
Saturday, March 17, 2012 8:05:35 AM
We all know that investing money involves at least some degree of risk but if you don't start investing in your future you will most likely end up struggling for money. Keeping your money in the bank is fine but if you want to have your money working for you then you need to start investing wisely today to ensure you have a bright financial future.
If you have never invested money before it can be difficult to know where to start and many people will give you many different and often opposite opinions. A lot of people will tell you that the market is not good at the moment and you should wait while others will tell you the latest technology stock that is about to take off. If you are new to investing then you should take a conservative approach at first, but the important thing is to just get started.
For the vast majority of people mutual fund companies are the best place to start investing money, and the best place to stay. Get on the internet and search "no-load funds" and you'll see ads by Vanguard, Fidelity and T Rowe price: some of the biggest, best and most affordable fund companies in America. No load means that you pay no sales charges, so this, coupled with the lower total fees and expenses they offer can save you thousands of dollars over the years. Get familiar with what they offer, and then give the company of your choice a toll-free call if you need help opening an account.
The safest funds that a mutual fund company will offer will be the money market funds. These funds pay dividens on interest earned, but as interest rates are currently low they do not offer to higher a return, however they are generally very safe. If you are looking for higher rates of return then you should look at mutual funds that invest in stocks and give higher returns by trading these stocks on the market. Once again you dont need to do anything once you have entered the fund, the fund managers do all the investing.
The safest funds that a mutual fund company will offer will be the money market funds. These funds pay dividens on interest earned, but as interest rates are currently low they do not offer to higher a return, however they are generally very safe. If you are looking for higher rates of return then you should look at mutual funds that invest in stocks and give higher returns by trading these stocks on the market. Once again you dont need to do anything once you have entered the fund, the fund managers do all the investing.
The more comfortable you get in investing to grow your money you can start investigating funds that offer a higher rate of return. Be aware that higher returns always equate to higher risks but if you do your homework you can manage the risk. If you look for a balanced fund with a moderate asset allocation you can expect higher returns with a reasonably low risk.
The future might not look like the best time to start investing money, but NOW has never been an easy time to invest (as I've learned in the 20 years I've been helping people invest money ). Don't procrastinate like most people do. Start investing conservatively and expand your wings as you gain confidence. Balanced mutual funds are a great place to start and minimize worry.
mutual funds, online trading
If you have never invested money before it can be difficult to know where to start and many people will give you many different and often opposite opinions. A lot of people will tell you that the market is not good at the moment and you should wait while others will tell you the latest technology stock that is about to take off. If you are new to investing then you should take a conservative approach at first, but the important thing is to just get started.
For the vast majority of people mutual fund companies are the best place to start investing money, and the best place to stay. Get on the internet and search "no-load funds" and you'll see ads by Vanguard, Fidelity and T Rowe price: some of the biggest, best and most affordable fund companies in America. No load means that you pay no sales charges, so this, coupled with the lower total fees and expenses they offer can save you thousands of dollars over the years. Get familiar with what they offer, and then give the company of your choice a toll-free call if you need help opening an account.
The safest funds that a mutual fund company will offer will be the money market funds. These funds pay dividens on interest earned, but as interest rates are currently low they do not offer to higher a return, however they are generally very safe. If you are looking for higher rates of return then you should look at mutual funds that invest in stocks and give higher returns by trading these stocks on the market. Once again you dont need to do anything once you have entered the fund, the fund managers do all the investing.
The safest funds that a mutual fund company will offer will be the money market funds. These funds pay dividens on interest earned, but as interest rates are currently low they do not offer to higher a return, however they are generally very safe. If you are looking for higher rates of return then you should look at mutual funds that invest in stocks and give higher returns by trading these stocks on the market. Once again you dont need to do anything once you have entered the fund, the fund managers do all the investing.
The more comfortable you get in investing to grow your money you can start investigating funds that offer a higher rate of return. Be aware that higher returns always equate to higher risks but if you do your homework you can manage the risk. If you look for a balanced fund with a moderate asset allocation you can expect higher returns with a reasonably low risk.
The future might not look like the best time to start investing money, but NOW has never been an easy time to invest (as I've learned in the 20 years I've been helping people invest money ). Don't procrastinate like most people do. Start investing conservatively and expand your wings as you gain confidence. Balanced mutual funds are a great place to start and minimize worry.
mutual funds, online trading
