To purchase a YouTips4U Custom Designed T-Shirt, please click here: http://cgi.ebay.com/YouTips…
For more helpful tips, or if you have any questions, please visit http://www.youtips4u.blogsp……
Investment strategy | Investing online | Stock market investing
i? dont understand anyrhing about investing or how to even get started in it at all. do you go to a web site or what do you do? i have no clue.
Hi, I would recommend getting a book for a beginning investor. Your local library is a great place to start. The web is a great tool too. You? can look up almost anything. It’s best if you are very new to investing that you select very low risk investments at first because you don’t want to make any costly mistakes :o)
Hey? there, I am actually now reading Cramer’s book. It’s a really interesting read (although he does a lot of bragging). He says though you shouldn’t get started below 2.500$ to be able to be diversified. What do you think about this?
Glad you like the book! He does brag, but I think that’s probably so he seems credible as an experienced investor. I disagree with Cramer on started small. I just started my son with $2,500 and he’s doing great. Of course, with a small amount of money you can’t buy too many stocks, but you can buy a? little of a few good companies. If you get in at a good price, and with the low commission trading you can definitely make money.
THANK YOU FOR ALL? THE GOOD INFO!
You’re very welcome!? Thanks so much for commenting :o)
Hi, I’m so glad you liked my video. I am in equity mutual funds and they have done very well in the past. Of course, my value is down for the last year and half due to the market, but it is slowly recovering. It’s a long-term investment, so I don’t worry about it for the present time.?
You’re? very welcome!
And what is your “philosophy”? Do you sell and? buy a lot or do you buy shares of big companies and leave them sitting for years?
I do both actually. I like to? diversity; so some of my holdings I bought to hold for 3-5 years or more and others I put on for a short -term trade because there may be a catalyst for the stock. Others I buy perhaps to hold for the next 6 – 12 months. I’m always doing my homework on a stock and a company to make sure my philosophy on the stock is still consistent. Thanks so much for your comment!