Inherited money, wants to invest, but dont know how?
I inherited some money from my grandparents and its quite a lot, so i was thinking of stock market. Im not in any rush, and for now i dont want to think of real estate, how can i learn how to invest in stock market? any good books for dummies like me? any good website? any advice? thanks!
Public Comments
- Wait for the new low to hit in Feb because the market should rally for months because of the Obama hype. Buy PBR (if oil is below $30) and KGC (only if gold gets close to $600). Oh yea, there is going to be a crash starting Mid 2009.
- "Investing For Dummies" is a good starter book.
- Amounts matter. If it is more than a couple of hundred thousand, go hire a financial planner. If less than $50k, buy a couple of good mutual funds.
- The group The Motley Fool ( i don't work for them) writes online at www.fool.com. They are in the Tribune newspapers on Saturday and Sunday..
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