For those of you who are investment savy, can any of you point me towards a good learning tool to better understand the start market and how to get started. Thanks.
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Best place to learn about investing in the stock market?
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Originally posted by Mike D View Post
Unless you are rich already, just stick to Mutual Funds. Don't go with Front Loaded Funds, and look for ones who's fees are less than 1%. I personally go with funds that have 3-5 Morningstar "Stars" and a good 10 year track record.
Unless your smart and have a ton of time to watch the market AND can see into the future, your not going to make money jumping into and out of the market. Find long term investments and stick with them.
The only stock I own is my company stock (NBL), my wifes company stock (MRO), Exxon Mobil (purchased on a 52 week low), and BP purchased when the Dividend yield was at ~7%. Im ruducing my investments in stock as we speak and putting more into long term mutual funds.
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Originally posted by Maddox View PostI haven't found anyone with their ELPs that I have liked.
Unless you are rich already, just stick to Mutual Funds. Don't go with Front Loaded Funds, and look for ones who's fees are less than 1%. I personally go with funds that have 3-5 Morningstar "Stars" and a good 10 year track record.
Unless your smart and have a ton of time to watch the market AND can see into the future, your not going to make money jumping into and out of the market. Find long term investments and stick with them.
The only stock I own is my company stock (NBL), my wifes company stock (MRO), Exxon Mobil (purchased on a 52 week low), and BP purchased when the Dividend yield was at ~7%. Im ruducing my investments in stock as we speak and putting more into long term mutual funds.
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