4
4
0
I have thought about going into investing I want to start planning for the future. That way when I retire I have something to fall back on instead of being like my parents during back breaking work at 50. Where can I find good investing sites to do research at?
Investing
Future
Money
Posted >1 y ago
Responses: 11
SPC (Join to see) Look at the Vanguard website. Vanguard has very low fees for their mutual funds. Invest in index mutual funds to start. The site has plenty of information that will explain the basics of investing. Save as much as you can and invest in tax deferred accounts such as Roth IRA's, 401K, TSP, etc. Look at the Vanguard website, and let me know what questions you have.
http://www.vanguard.com
http://www.vanguard.com
Mutual funds, IRAs, ETFs, 401(k) plans, and more | Vanguard
Vanguard is one of the world's largest investment companies, with more than $3 trillion in global assets.
(2)
(0)
MSgt John McGowan
SGT. Very sound advise for the PFC. I will second tour suggestion. My 401 is with Vanguard and the company is great.
(1)
(0)
(1)
(0)
Sgt (Join to see)
SPC (Join to see) - That is great. I love the Roth IRA since you will not pay any taxes when you start taking withdrawals in retirement.
(0)
(0)
1
1
0
Max out your Roth TSP matching rate for sure (I think 6% is what Uncle Sam will give you, dollar for dollar). You want Roth so its taxed at your income level today vs when you're 65 and at a higher bracket (which is when the Traditional is taxed). I agree with other users on here who say Index mutual funds are great to start.
If you do get into investing in individual stocks, I'd go with Robinhood since it's zero fees for trading. Here's my referral code: share.robinhood.com/mattj422
They're giving away free stock to new users at the moment, which is s a bit indicative of how much money is sloshing around Venture Capital. Just remember, only invest in stocks what you are willing to lose.
If you do get into investing in individual stocks, I'd go with Robinhood since it's zero fees for trading. Here's my referral code: share.robinhood.com/mattj422
They're giving away free stock to new users at the moment, which is s a bit indicative of how much money is sloshing around Venture Capital. Just remember, only invest in stocks what you are willing to lose.
(1)
(0)
1
1
0
0
0
0
PFC. One long term investment to look at when you have funds to spare is the duck. AFLAC is high now so I expect a split soon Dividends up every year for a long time
(0)
(0)
MSgt John McGowan
SPC (Join to see) - The duck is AFLAC insurance. Stock listed as AFL most of the time. Heavy in Japan and US. Look at stats, rated one of the best long term dividend stocks.
(0)
(0)
MSgt John McGowan
SPC (Join to see) - There was mo news in the paper today about AFLAC but it's a high dollar stock to buy but great in the long run. Trading at 62 or close to that.
(0)
(0)
0
0
0
Even without investing in funds or stocks you can start now. The idea of "Pay yourself first" is a good mantra. Take out 10% or whatever you can spare before you pay any bills and put it aside. You can build up an emergency fund to put into a savings account before investing. After that there are many options.
But never put all your eggs into one basket.
Sharebuilder is a good tool to build a portfolio. For $20/month you can conduct 20 transactions. What I did was auto-invest where money is taken from my bank on Monday and the stocks are bought on Tuesday. I started with $100 a week and bought $20 in 5 different stocks. (They allow for partial stocks). After a while I changed to 5 new stocks. Eventually you can have a very diversified portfolio.
After a set amount, I stopped sharebuilder and switched to a mutual fund. After I reach a goal with that I will start up another mutual fund with another company and so on.
But never put all your eggs into one basket.
Sharebuilder is a good tool to build a portfolio. For $20/month you can conduct 20 transactions. What I did was auto-invest where money is taken from my bank on Monday and the stocks are bought on Tuesday. I started with $100 a week and bought $20 in 5 different stocks. (They allow for partial stocks). After a while I changed to 5 new stocks. Eventually you can have a very diversified portfolio.
After a set amount, I stopped sharebuilder and switched to a mutual fund. After I reach a goal with that I will start up another mutual fund with another company and so on.
(0)
(0)
0
0
0
SCPO Jason McLaughlin
SPC (Join to see) - No reason to qualify that statement with the "right now"....
Seriously, what ever financial institution you belong to may provide financial counseling and investment advice. Be forewarned they will try to sell you their products, but aside from that they are usually on point in developing a plan to try and meet your goals.
Seriously, what ever financial institution you belong to may provide financial counseling and investment advice. Be forewarned they will try to sell you their products, but aside from that they are usually on point in developing a plan to try and meet your goals.
(0)
(0)
0
0
0
Investopedia.com is a great site to help you figure out that losing money is much easier than earning it when investing in stocks.
Mutual funds are the way to go once you realize publicly traded stocks are garbage.
Mutual funds are the way to go once you realize publicly traded stocks are garbage.
(0)
(0)
SSG (Join to see)
Not at all the same thing. Look, no one wants to make you rich. If someone has a great business that is going to be successful they will get a loan from a bank. If banks will not find their ridiculous venture they will try to get private investors to give them the capital to expand/research/manufacture. If they can't sell their crackpot idea to private investors, then they go publicly traded. If you think you have what it takes to find the few gems that the banks and private investors passed over, please proceed. My advice is to play with fake money on investopedia before you learn a very expensive lesson with real money.
(0)
(0)
Capt (Join to see)
Doing your own analysis on the company is the main difference. I have mutual funds that only gave me a small return and individual stocks that I researched myself which yielded my largest investment gains to date.
(0)
(0)
0
0
0
0
0
0
Suzie Orman has a few books out that will help you learn the basics. She also has out quit a few videos and tv shows out there as well.
(0)
(0)
0
0
0
But for the public, the tools I use
Brokers:
TDAmeritrade (thinkorswim trading platfrom, futures, options)
Robinhood (commission free, equities only)
Securities:
I mainly focus long term investments in ETF's, they limit you from single stock risk.. Example, one that would of invested in $LEH (Lehman Brothers) would of lost their entire investment from the Bankruptcy. But if they would of put that money in $XLF (SPDR's Financial Sector ETF) they would of lost a lot, but not a complete loss since they owned the entire sector.
Also, look at what their dividend yield is (how much their dividend is against the stock price). This will allow you to compound overtime (as long as you sign up for DRIP). Great way for your money to make you money
Sites to learn on:
Investopidia.com (best site)
Seeking Alpha
twitter.com/modern_rock
twitter.com/chatwithtraders
stocktwits.com
twitter.com/mrockrulez
(stay away from paid subscriptions and penny stocks... these sources are free above)
If you're not interested in learning to manage your own Individual account or IRA, you can always set up an account with Vanguard, Morningtree, etc and use pre-made Mutual Funds.
Any questions, please feel free to PM me, I'm an open book
Brokers:
TDAmeritrade (thinkorswim trading platfrom, futures, options)
Robinhood (commission free, equities only)
Securities:
I mainly focus long term investments in ETF's, they limit you from single stock risk.. Example, one that would of invested in $LEH (Lehman Brothers) would of lost their entire investment from the Bankruptcy. But if they would of put that money in $XLF (SPDR's Financial Sector ETF) they would of lost a lot, but not a complete loss since they owned the entire sector.
Also, look at what their dividend yield is (how much their dividend is against the stock price). This will allow you to compound overtime (as long as you sign up for DRIP). Great way for your money to make you money
Sites to learn on:
Investopidia.com (best site)
Seeking Alpha
twitter.com/modern_rock
twitter.com/chatwithtraders
stocktwits.com
twitter.com/mrockrulez
(stay away from paid subscriptions and penny stocks... these sources are free above)
If you're not interested in learning to manage your own Individual account or IRA, you can always set up an account with Vanguard, Morningtree, etc and use pre-made Mutual Funds.
Any questions, please feel free to PM me, I'm an open book
(0)
(0)
Read This Next
Continue with Facebook 
Continue with Google