Quote:
Originally Posted by lidspinner
i wish I knew more about this stuff....I am so dumb when it comes to stocks and investing my money....I would love to get some advice on how to start small, and I mean really small, so I can learn on my own and not feel raped if I lose my investment....then as I learn and teach myself, hopefully more options will become available and I can actually learn from people like you all on here...but right now it looks like I am reading a forum in arabic or chinese or some foreign language.....haha.....
if anyone wants to give me some advice on where to start and what to start with I would appreciate it...I understand this is not something you learn in a years time, its a lifetime of learning, but I really do have a "itch" to start learning how to invest, even if it is in small amounts. I am open to all ideas and advice..
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Buy a copy of this book (or grab a copy from a library or something) and read it:
http://www.amazon.com/Bogleheads-Gui...5891195&sr=8-1
My investment philosophy follows much of the premise of that book: save money, utilize tax-sheltered accounts properly (IRAs, 401k, 403b, etc.) and invest in low cost index funds.
If you're able to understand and execute most of the concepts illustrated in that book, you'll do well for yourself.