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here is my 2 cents. dont jump in and buy individual stocks right off the bat.
take 1/2 the money , throw it in a total market fund and learn your own pucker factor first before doing anything even more volatile or betting your money on the whims of one company no matter who that one company is.
watching apple plunge 10% IN ONE AFTERNOON ISNT A WARM AND FUZZY FEELING WHEN YOU HAVE NO EXPERIENCE YET AT ALL OR KNOW YOUR SLEEPLESS NIGHT FACTOR.
learn your risk tolerance , learn about markets, allocations and strategys and then go play,
here is my 2 cents. dont jump in and buy individual stocks right off the bat.
take 1/2 the money , throw it in a total market fund and learn your own pucker factor first before doing anything even more volatile or betting your money on the whims of one company no matter who that one company is.
watching apple plunge 10% IN ONE AFTERNOON ISNT A WARM AND FUZZY FEELING WHEN YOU HAVE NO EXPERIENCE YET AT ALL OR KNOW YOUR SLEEPLESS NIGHT FACTOR.
learn your risk tolerance , learn about markets, allocations and strategys and then go play,
i like your shinny 2 cents . sounds very smart.
this is all new to me . where can a start ie website, books, company, etc. I am a complete virgin to this.
You could start by opening an account with the simulator on Investopedia's website and join a beginner game. They give you $10k of funny money to start with.
I agree with Comet. Don't jump into the market with real money until you understand the market. Play with fake money until at least next summer and buy with real money when the market is down. After you learn how to read stock reports and balance sheets you will be able to form your own opinion on the stocks you'll be buying. You will also have a better idea of when to buy and when to sell. Some of the best stocks to own are the stocks people aren't talking about. Eventually you'll be able to find them based on their numbers.
What are your goals and purpose for investing in stocks?
To educate my investing options and to have a diversified portfolio.
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