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Personal Finance and Investing

IphengeniaBlumgarten

(328 posts)

11. Don't start with individual stocks...

Reply to Foggy Head (Original post)

Mon Mar 11, 2019, 09:29 PM

Mar 2019

use a low-fee mutual fund or an index fund that invests in stocks. This gives you some diversification, which is important. After you build up some confidence, you might consider individual stocks. But do your own research (e.g. go to your library and study Value Line stock reports), don't ask the internet for advice.

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This message was self-deleted by its author [View all] Foggy Head Mar 2019 OP

Buy low, sell high nt Xipe Totec Mar 2019 #1

You should go see a financial advisor, and do your own research LuvLoogie Mar 2019 #2

This message was self-deleted by its author Foggy Head Mar 2019 #3

This message was self-deleted by its author Foggy Head Mar 2019 #4

I suppose a lot depends on where you are at. LuvLoogie Mar 2019 #8

Buy an index fund. marylandblue Mar 2019 #5

Indeed. Voltaire2 Mar 2019 #14

As a more or less fellow newbie TlalocW Mar 2019 #6

For the last 15 years GP6971 Mar 2019 #7

I buy mutual funds and ETFs, almost all index funds, because very few professional progree Mar 2019 #9

Also... TlalocW Mar 2019 #10

Don't start with individual stocks... IphengeniaBlumgarten Mar 2019 #11

Warren Buffet recommends Vanguard index fund Cicada Mar 2019 #12

This is what my family uses too. BigmanPigman Mar 2019 #13