Lux Investing

Investing tips??

Hi, I am in my early twenties and started working after college for couple years already. I would like to accumulate wealth as early as possible and hopefully have an early retirement. After having saved enough money, and having had some surplus funds, I thought it would be financially wise to start investing this surplus fund for long-term growth. I have an investment horizon of more than 10 years, so I decide to invest in stocks for the highest possible long-term returns. I intend to take a value-investing approach towards my investments. Does anyone out there have any undervalued stock recommendations? Thanks

Public Comments

1. Buy low sell high!
2. You are extremly wise for your age, by starting early. Talk with Edward Jones, which is one of the top investing firms. They make money only when you go with there advise. Do dollar cost averging by setting aside a determined amount each month. Time is on your side.
3. Due to the HUGE demand in China and India for energy, mining and energy resource stocks are the best to invest in as it is likely that this upward trend for energy will continue for the long term. If you are a little bit bolder, you could try investing in renewable technology. It's highly likely that the future energy output for the western world will be 'green and clean'. At the moment these types of shares are low in value due to the fact that the U.S and most of the western world still depend on coal for electricity. However (in my opinion) if the environment continues to deteriorate it is inevitable that governments will change to allow renewable energy to be the major supplier of electricity. Investing in shares is very risky. I strongly suggest you talk to a financial adviser before putting your eggs in one basket.
4. Investing in "individual" stocks takes a lot of knowledge and practice; so I would not suggest doing this until you understand completely how the stock markets work. Instead visit Vanguard.com and learn about mutual funds, index funds, and exchange-traded-funds (ETFs). Trading funds is less risky than trying to trade "individual" stocks. Unless you plan on spending everyday of your life looking at stock charts trying to determine the best time to get in and out of "individual" stocks, I would look into some sort of fund. Also be very careful about asking for stock tips online. Most are probably worthless or contain unethical motives. Do not fall for any Pump-and-Dump scams. The websites below all contain plenty of FREE information to get you started in the right direction.
5. Hi, i recommand you a good and basic tutorial for investing. it covers all Issues related to your Investing and everything around it. http://www.investingtutorial.info/ wish it will help you. Good Luck , Best Wishes!
6. i think you should invest in investing education first because you have the money but don't know where to invest. please don't trade based on tips, you must develop your own trading systems.
7. It is never too early to start saving, in fact ‘retirement is one of the greatest cons of all time. What you really want, what everyone really wants is Financial Independence. Someone has set up a standard game plan for everyone. It basically goes as follows: Age 0-5: Baby – Grow Up Age 6-17: Child – Go to School Age 18-21: Student – Go to College Age 22-65: Adult – Work Age 65+: Senior Citizen – Retire and Die Retirement usually means that we are no longer dependent on work for our income and daily living needs. Our income is independent from our occupation. So what you really want is ‘Financial Independence’ much earlier than scheduled for us in the standard game plan. In fact maybe the game plan we really want is more like: Age 0-5: Baby – Grow Up Age 6-17: Child – Go to School Age 18-21: Student – Go to College Age 22-39: Adult – Work towards Financial Independence Age 40+: Financially Independent – Enjoy Life So now that we have a goal of Financial Independence, we need to set a timescale to reach that by and a means of reaching that goal. In this context we are generally talking about a savings and investment plan that will give us a sufficient amount of money to live off for the rest of our lives. We will need to equip ourselves with the necessary knowledge and tools to make this work now. To be successful we will need patience, discipline, and wisdom. But most importantly we need a plan. It may prove expensive to acquire that much needed wisdom on our own. Learn by other peoples mistakes. Learn from other peoples successes. Read some books. Visit our local book store and find books that we like and feel comfortable with. Some of the titles I have on my bookshelf include: One Up on Wall Street by Peter Lynch How to make money in Stocks by William J. O’Neil (Founder of Investor’s Business Daily) The Millionaire Next Door by Thomas J Stanley and William D Danco Check out web sites like fool.com and yahoo finance. Investigate trading strategies with a proven track record over 3, 5, 10, and 15 years. Pick something that we understand, find easy to use and will help us realise our goals. Pick a strategy where we can take responsibility for your investments and be in full control of our capital. Systems like the Stocks Monthly system (which has generated an average return of 49%p.a. over the past 15 years) are definitely worth investigating once we are up to speed with the nuts and bolts of investing.