Lux Investing

What are some basics to consider when investing?

I have a small amount of money I want to invest or set aside I am not sure which (it depends on what is most profitable) but I am completely in the dark about anything investment wise. Should I go the route of a Cd., what is a cd, or should i just drop it in a savings account and then which one?... Thanks for the help.

Public Comments

1. Profit potential
2. well try to pick a business maybe a little one that is doing good and invest some money if its going good put more money in it and always have a little money in a cd
3. Stock Option.s
4. never invest more than you can afford,to lose,,,,money mkts, are good , better interest, get your money in 24 hours,,,
5. buy gold it is best way to safely keep ur money and getting profit
6. If you decide to invest, make sure you look at the highs and lows that the company has gone through, and try to think back (or research) what was going on in the economy at the time that the company was doing the best! That way you can find one that will bring you quick profit. Then you can draw out before you see a downfall coming. But if it were me, I'd just store it to a CD. That way I know it won't hurt me in the long run. -Tanner either way, good luck.
7. A lot of this depends on your age. I hope you are young(er). The best thing you can do is to get in touch with a company like Fidelity, T.Rowe Price, Franklin Templeton, American Century. They will give you some free advice. Start saving now and stay away from credit card debt.
8. you should go route of the CD we all or short on money lol
9. Your Objective! If you will need the money soon, or at any point really, you will want to keep it in something you know will still be there when you need it, as opposed to trying to pick then buy a stock or someting volatile. CDs usually don't allow you to access your money and pay only pretty modest rates. The longer you tie it up for, the more you will earn. You may want to consider a money market, which is a higher-yield savings account. You can access the money when you need it but can earn more than leaving it in your regular savings account, and can usually even earn rates similar to those being offerd on CDs. E*Trade has one of the best ones around. My second reccomendation would be ING.
10. depending on what you wanna do with it I would start out with a CD Its something that you can take out but fees will apply if you get it out before the time you are supposed to get it out IE 6 months, a year..... Also look into IRA thats another long term solution but its mostly used for retirement.
11. Some basics: You need an objective, a plan, and calculate your risk tolerance. Start at the site below. Good luck.
12. Advice number one (you will thank me for it) don't give your money to the wall street thugs. Shop around for the best 6 month CD and make sure, they pay it back into your checking account, once its finished. Then immediate shop around again. Don't let the bank do it for you, they will give you a lousy rates. If you have lots and lots of money, you can start gambling in Vegas or on wall street, which is the same. If you are in for long term, you could buy a gold coin, make sure you get a lot of gold for your money (some coins have taxes on them).
13. Without having more information about your personal information, such as age, current income and other data such as risk tolerance, martial status, and demographics it would be very inappropriate for me or any other person to provide specific investment information in this type of media There are many people just like you that are, or were looking to invest and those that did bought Mutual Funds and/or Exchange Traded Funds (ETFs). One purpose of mutual funds is to help investors like you, who are either just entering the investment world or who have no investing experience. Once you feel you at least have an understanding of investments you should look into ETFs which are similar to mutual funds but are traded on the exchanges. Mutual Fund companies as well as ETFs have an entire array of products many will fit your needs. You can go to the MSN.Money website http://moneycentral.msn.com/home.asp it has an entire section on mutual funds and Exchange Traded Funds. Read about the various products and in doing so you will be getting investment ideas and at the same time educating yourself about investing. You could also contact the funds companies for more information. I have found that Vanguard & Fidelity can meet your needs for mutual funds. The service and information they provide is all free and you will find it helpful. Regardless of what you decide, do not ever let anyone tell you not to invest, especially those that do not invest themselves.
14. I´ve been investing for more than 20 years and trading for almost 14, and I can tell you that if you want to make BIG and FAST profits, I recommend you trading rather than investing, trading can help you to go from rags to rich. If you are investing, you must have already achieved some degree of financial success, long term stock investing and FOREX can help you become much richer than you are today. My experiences as a Nasdaq Market Maker, Head trader of several brokerage firms, and currently as a professional trader and private hedge fund manager, I can suggest you that: We trade because we want quick, short term profits on a consistent basis. We want to cash flow the market. Milk it like a cow. Make consistent, small, short term gains rather than trying to hit a home run on every trade. Don't ever forget that. Don't marry a stock, marry the idea of making money trading stocks. That's the only way to do it. For me "All stocks are equally worthless” I don't hold on to any illusion that the stock market will continue to go up and provide a nice retirement for me. I could care less which way the market goes. It's irrelevant to me if the market goes higher, crashes or moves sideways for the next 50 years. I really could care less. Stocks are just four letters with two prices next to them that I use to make a living trading. Trade ONLY when you have a clear, easy and identifiable advantage, because without a CLEAR EDGE your odds of success are NO better than a flip of a coin… That´s why so many new traders (and investors) lose money. Take a look at any daily chart of any index or stock and you'll probably see the most volatility and the biggest opportunity for profit during the first Hour of the stock market's opening. The popular thinking and conventional wisdom is that you should wait about an hour before you start trading. But if you do, you'll miss the big, fast moves that stocks make as all the amateurs let their emotions out through their online accounts, usually right after they read some news headline or hear Maria Bartiromo go off about a stock on CNBC. It's easy to see why trading the open is the market's prime time for profiting from other online traders. The market's open is very volatile - that is the perfect environment for LARGE, FAST profits. Learn to trade as a professional Market Maker ,not as an emotionally driven amateur trader or investor with few thousand dollars in an account at Etrade. There isn't any other time during the day or any stock you can invest in, that can make you 1, 2, 3, 5, 7 or more points in minutes OTHER than during the first hour the stock market is open. That's why I love trading the open so much. I trade only when I have an edge and that means "only the first hour the market is open". If you are a beginning trader, you can give yourself an unfair advantage in the market trading this way. I can carry on with the advises about how to make money trading, but if you ask me: "What is the best thing you can do for me? I will say: Give yourself a BIG favor and go to this "Top Secret" site and learn how to get the BEST stocks that will make the largest and fastest day trading profits you´ve ever seen, all by yourself... www.onehourtrading.com After you review this site you won´t need system, strategy, book, software or mentor to tell you what to do, you will be able to profit HUGE every day. Good luck and good trading, John Fontaine
15. Have 6 months of monthly expenses including any loan payements in saved in cash. That is your safety net. Once you have that under your belt, then think about investing. Use Vanguard index funds or their actively managed funds who have very low expense ratio. Total stock market index fund Total Bond market index fund Emerging Market index fund European stock index fund Pacific stock index fund The allocation for above will depend on your age. age upto 60 - more money in stocks fund, less in bond funds. age 60+ - less money in stocks fund, more in bond funds.
16. Hi, Elizabeth, What is your purpose for this money? Long term? To start saving for retirement? Put it into a tax-deferred account such as IRA. If you want to use it within 5 years, place it into a CD or money market account. You cannot depend on the stock market in the short term. If you owe money, paying off debt, especially high interest credit cards, is always a good thing to use money for. best, Rick