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| Investments Discussions and questions about stock market investments, tax free savings, and high interest savings accounts. |
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| Investments Discussions and questions about stock market investments, tax free savings, and high interest savings accounts. |
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A Trader's First Book on Commodities: An Introduction to The World's Fastest Growing Market by Carley Garner (Jan. 17, 2010)
Commodities For Dummies by Amine Bouchentouf (Dec. 6, 2006) Trading Futures For Dummies by Joe Duarte (July 8, 2008) The New Commodity Trading Guide: Breakthrough Strategies for Capturing Market Profits by George Kleinman (Mar. 20, 2009)
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Answers are for general information only and should not be construed or relied upon as legal or financial advice.
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Mutual funds are good for a couple reasons:
1) they are great when you don't have time or knowledge to trade yourself and make competent decisions. 2) they eliminate trading costs. you can get a fairly diversified portfolio to an extent by putting your money in the mutual fund as they spread it out accross various investments. However never believe mutual funds about their returns, the imperical evidence shows that a mutual fund is just as likely to beat the market this year than it is to do worse than the market this year. If you can invest yourself, do it. |
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You should only use a mutual fund when you want to give people some of your money. You can do the same thing that mutual fund managers do and perhaps even better with some experience.
Start small and trade online - that is what I did. Once you undertand how to read the indicators and the companies themselves you can start to invest more money. The main idea is to buy when the stock is low and sell when it reaches the peak. Some indicators are the slow showtastic and MACD, read the curves and get out at the right time. All major stocks experience swings and if you trade in varies industries you can protect yourself from any major losses...don't put all your eggs in one basket. Good luck, because trading does require some of that some of the time. |
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