Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Economics > Investing
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 01-21-2022, 03:13 AM
 
1 posts, read 270 times
Reputation: 10

Advertisements

What is the best investment for beginners?
Reply With Quote Quick reply to this message

 
Old 01-21-2022, 03:20 AM
 
106,704 posts, read 108,880,922 times
Reputation: 80189
An education on investing
Reply With Quote Quick reply to this message
 
Old 01-21-2022, 06:14 AM
 
24,409 posts, read 26,971,175 times
Reputation: 19993
A market fund like SPY (S&P 500).
Reply With Quote Quick reply to this message
 
Old 01-21-2022, 07:09 AM
 
Location: USA
1,078 posts, read 628,818 times
Reputation: 1230
Both answers so far are spot on!

IMHO, the best investment is in yourself through education and maxing out your retirement accounts.

William O'Neil and Peter Lynch have excellent books. After this foundation, there are more great books out there based on your preferred style of investing.

I also recommend studying charts for companies like AAPL, MSFT, GOOGL, AMZN, etc. Choose the "max" # of years on a monthly timeframe to see how these amazing companies have performed. Then study the best performing ETFs over the past 10+ years as most of your money should go into these choices.

When it comes to fundamentals, don't worry too much about all of the financial ratios at first. Some are important but keep it simple by focusing on revenue growth, gross margin, and profit.
Reply With Quote Quick reply to this message
 
Old 01-21-2022, 09:35 AM
 
3,608 posts, read 7,925,972 times
Reputation: 9185
Quote:
Originally Posted by bmw335xi View Post
A market fund like SPY (S&P 500).

Or a target-date fund. Watch yer total expenses also.
Reply With Quote Quick reply to this message
 
Old 01-21-2022, 09:57 AM
 
1,212 posts, read 733,898 times
Reputation: 683
Invest in what the investor is interested-in

or

Invest in what the investor understands .
Reply With Quote Quick reply to this message
 
Old 01-21-2022, 10:39 AM
 
Location: Bellevue
3,050 posts, read 3,319,811 times
Reputation: 2917
Quote:
Originally Posted by jov8 View Post
What is the best investment for beginners?
An education in investing. So many websites to explore. Find one that educates you. Have patience to get rich slowly.
Reply With Quote Quick reply to this message
 
Old 01-21-2022, 10:54 AM
 
2,009 posts, read 1,213,420 times
Reputation: 3757
Quote:
Originally Posted by rational1 View Post
Or a target-date fund. Watch yer total expenses also.

Target funds are basically a fund of funds and each fund has expenses. Not cost effective.



To the OP read a book for starters.


The Psychology of Money by Morgan Hounsel or Debunkery by Ken Fisher are good.


Or you could not read anything , put your money in to an S and P 500 ETF like SPY hold and add to it for decades and do better than 90% of the investors out there.
Reply With Quote Quick reply to this message
 
Old 01-21-2022, 10:57 AM
 
Location: Full Time: N.NJ Part Time: S.CA, ID
6,116 posts, read 12,604,049 times
Reputation: 8687
I'd say it depends on how much, what the goals are, and what your risk tolerances are with the money.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics > Investing

All times are GMT -6. The time now is 11:15 AM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top