Any advice is appreciated.
[Bracing myself for the jokes about 419 scams...]
Heck, I want/DESPARATELY need a job working on the ‘puter from home!
Seriously.......best of luck with your venture here. Hope you do well!
They put out a dizzying list of Premium products (links on left hand side): once you sign up for one of these you would get the Digest as well. Getting a premium product is the way to go: you get solid advice and background on the stocks to buy. And more importantly - advice on when to sell!
Some products have a high price tag (note: I don't say expensive - you tend to get what you pay for with Stansberry), others are cheaper. You can find out more about the products from the links.
Also check out the 'Daily Crux' links on the RHS of the page. FReepers post articles from the Crux pretty often.
Hope this is helpful.
Read "Money of the Mind" by James Grant -- anything by Grant will be an education, a delight to read, and a reality check on the big picture.
Do your own research. If you can't make sense out of it, it's not for you.
If I had any money, I would probably invest in gold, or maybe better, Silver.
An acquaintance of mine here, an Aussie, is part owner of
a gold mine in west Australia.
It has been inactive for past few years, but now coming
back online, as soon as the refiners can get back in gear.
A respected gold newsletter that he gets, says that Gold could go as high as $6000. If that is AU dollars, it would
be 5000 US.
Water~Ammo~Food/ETC.~ in that order...;0)
Water~Ammo~Food/ETC.~ in that order...;0)
I have a nice bridge you can buy which will teach you a lesson you’ll never forget.
Don’t bother. Obama already has a plan for investing your money.
Check out http://thinkorswim.com
They have one of the best trading platforms available and lots of free information and videos on stock/option trading. They also have more formal classes available that won’t set you back an arm and a leg. You can set up a papertrading account for free to get practice and experience before you use real fiat papermoney.
http://smartflix.com has some investment videos.
Invest as much as you can through an IRA account or the like.
Your age expressed as a percent should be the proportion of investments in fixed income vehicles and 100 minus your age should be the percentage invested in stocks. The mix should be rebalanced on an annual basis.
All of you investments should be diversified among industries and even among countries.
Be wary of some age old strategies which were grounded on conditions which have significantly changed. For example the "true and tested" buy-and-hold strategy was based on much higher tax rates and much higher stock broker commissions. IRA accounts totally eliminate tax considerations and can be established at discount brokers. An example of people still suffering from the buy-and-hold strategy is the Japanese Nikkei Index which hit a high well above 36000 in the late 1980's and is presently lingering about 10000. Thus, be flexible.
One risk you will rarely hear explicitly mentioned is the risk of withdrawal. If a large portion of your investment is trading at a loss and you have to make a withdrawal to meet an emergency or mandated by law, you will be diminishng your investment base by a much higher percentage. Thus, the need to remain flexible.
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Is this routine, or is FR under some kind of attack?
Here is a link http://www.investopedia.com
If you goggle or yahoo investopedia it will come up with a list of tutorials, also msn.com and click on money tab has some tutorials on investing 101.
Good luck
Once you get the terminology down and understand how to execute the mechanics of basic trades you’ll have to deal with the most difficult component. Yourself.
There are several good books which delve into the psychological aspects of trading. One is “Reminiscences of a Stock Operator” by Edwin Lefevre. It’s considered by many to be the bible of trading. It reads more like a novel than some dry trading book.
Another great book is “The Disciplined Trader” by Mark Douglas.
Both books explore how a trader’s worst enemy is himself and discuss the importance of a plan, stops and rules.
They should be available through Amazon. Good Luck!
Buried treasure appears to be a sound investment strategy. I mean, I’ve seen dozens of movies and documentaries about pirates burying their booty- only to forget where they left it. Even Gilligan’s Island featured an episode on the subject. Somewhere out there, just inches below the surface, lie untold numbers of hidden treasure chests laden with gold,silver, jewels and the occasional bottle of rum.
Dear Freepers,
I have learned of a certain amount of funds
being invested by a member of your group, Slings and Arrows.
I would like some advice on how to get almost all of this money if not all.
Any help would be appreciated as there are many of my commrads who I would like to give this money to.
Thanks yo,
Barrack Hussein Barry Obamma
find a fee for service financial advisor. have him develop a financial plan for you. do not buy any prducts from that person. get a subscription to the wall street journal and barrons. good luck!