90accordIHI

index mutual funds have shown over the last 30 years and average increase of 10%. safer than stocks because they buy and trade on the s&p 500 which ------s your money over many different places, therefore if something tanks, it doesn't hurt you considerably

Donald125

um.......very interesting

jinxy

look into swing trading, it's alot of reading and applied common sense, but its good money if you do it right.

QikEnuF

If you want to have some physical income from stocks, look for ones with decent dividend percentages. I dropped a lot of money into Diageo, and they have kicked back a 3% dividend rate, which is ------- amazing for a stock. Oh yeah, did I mention they make liquors? What you want to invest in depends on what you want out of it. If you want something that will be ready for you to crack open 40 years from now, Roth IRA is a good idea. If you want to play the stock market, and have long term money from it, start by buying a single share of Berkshire Hathaway, they are an expensive pick per share price, but I haven't lost any money with them. If you want more of a short term investment that will send you a check every now and then (dividend), something like Diageo is a good choice, because a 3% dividend is just amazing. If anyone wants to talk investing, feel free to pm me, it's sort of a hobby....

jinxy

It may be a hobby, but you need better reasons to invest than "I haven't lost any money yet". You need to know when, why, what and how things are being done, you need to speculate about a situation and invest in a company that will provide the desirable work and or technologies for that application/need. This is why the business section in the news is written like it is and politics are so important in the news. It's a lot of staying on top of a ---- load of information and making something real out of it in your mind.

QikEnuF

Don't really have time to go into the how and why, have a game to go to. But when I get back, I'll go over the Berkshire pick in a bit more detail

Loserkidwac

Some good info going on in this thread,

I currently have a 401K set-up through my work takes 3% on my income before taxes and they match it...not tons of cash right now but it adds up

For my personal money I have an ING and a HSBC account...I try and swap it back and forth between them for whoever has the better deal, like some posted above HSBC is 6% right now on new money...

I haven't personally gotten into the riskier investments but I couldn't afford to loss big on one, so I'll play it safe...