Go Back   The Finance Forums > Finance forums > General Finance




General Finance Discuss general personal finance issues and home accounting not covered on the other finance boards.

Reply
 
LinkBack Thread Tools
  #1 (permalink)  
Old 02-05-2010, 07:00 PM
Junior Member
 
Join Date: Feb 2010
Location: ct usa
Posts: 5
Default Financial fundamentals help

Hi can anyone tell me what are the best resources for,
1. Advice on home buying.
2. Advice on investing.
3. Advice for someone who's a newbie and wants to learn the basics.
What are the best print resources, unbiased and objective.
What are the best online resources, unbiased and objective.
Thanks.
Reply With Quote
  #2 (permalink)  
Old 02-07-2010, 03:54 PM
Member
 
Join Date: Oct 2009
Location: Buffalo/NY +usa
Posts: 40
Default Re: Financial fundamentals help

First it is important to understand that those are big subjects and will take you a while to get a good grasp of. There are also many ways of looking at those subjects and they do not all fit together in a nice package. Here's a start for you.

1). Wait until you can put 20% down on a personal residence. Make sure the payments are not a stretch and try to keep your emotions in line. Buying a home is more an emotional than financial decision. When you add in the costs to keep the property up, such as maintenance and property taxes as well as interest payments, it is hard to believe you come out ahead. Now the emotional joy of having something that is yours is very nice.

2). For investing, start slow use fake money before losing your own. MarketWatch - Stock Market Quotes, Business News, Financial News, the wall street journal, Welcome to Investopedia.com and Morningstar Stock, Mutual Fund, Hedge Fund, ETF Investment Research are all good places to learn about investing and what is going on in the world.

3). Traditional planning does not help you understand all of your risks, including the risks of fiat currencies. Make sure you go to The Rational Investors > Home, RunToGold.com — Monetary science applied to current events focusing on the role of gold and silver.. and GoldSilver.com - Buy Gold & Silver Online - Gold & Silver Charts, Graphs & News as well to understand the big picture and the risks not everyone will tell you about.
Reply With Quote
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off



» Boards




All times are GMT +1. The time now is 12:55 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2010, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.5.1 ©2010, Crawlability, Inc.