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| Investments Discussions and questions about stock market investments, tax free savings, and high interest savings accounts. |
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I am interested on investing, but i have no clue of what kind of investment is available out there. Sometime i see the term of CD and all other kind of investment, I am not if those are the type of investment that i would be interested. Can Anyone provide me with information of what kind of investment is available out there? Also, what is all the investment mean. Please explain the type of investment meaning if you could. Thanks!
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Right now real estate is a lousy investment in most places around the world and it's likely to stay the same for the next few years at least.
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Investments depend on what you are looking for. If you are looking for longer term investments that yield a higher percentage down the road then you should look at investing in something tax free. It also depends on how old you are. Good Luck!
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I agree with brian, you must have a plan and you must diversify your portfolio. I think spencer24 is wrong, you should buy when everyone else is selling and sell when everyone else is buying. The purpose is to get things cheap and sell them expensive, or get constant and as much as passive as possible returns from your investments as possible like dividends or a rent.
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Types of Savings & Investment Options Go through the article and you will get all the information regarding the various types of investments.
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There are tons of different investment vehicles, CDs, High-interest savings, Trad. IRA, Roth IRA, 401ks, 529s, REITs, Money Market accounts, Index Funds, Mutual Funds, Stocks, and the list goes on, to choose from. All depending on a wide variety of things such as, how much money you have to invest, your age, your investment style, your investment purpose, ect. There is not a on size fits all strategy and many people use different methods, even for the same purpose such as retirement. I would suggest doing your own research by first reading some, easy to understand books, like Investing For Dummies as a previous poster mentioned. Save money by getting them used.
Also, you might consider talking to a financial advisor. Be careful not to follow their advice to quickly as some may be out to steer you in the direction they will make the most money in, not what's best for you. Knowledge is power, especially if you plan on handling your on investments. Read, read, read, and more importantly, understand. If you feel you are not ready to handle your own investments, hire a pro. Find a financial advisor that is not 100% commission based, that you feel comfortable with and trust. Word of mouth speaks volumes. If you leave feeling like you don't understand what they are trying to get you to invest in, then they probably are not doing a good job, and you will not feel comfortable, find someone else. Also, always ask questions from friends, family, online fourms, ect. Learn as much as you can from others, then do your own research on what they say. Just because someone says to do something, does not mean it's correct, or right for you. Either way, you are making a great step in finding financial freedom and I congratulate you! Good Luck ![]() |
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I am investing in stocks and planning to invest in Real Estate later when the economic is back.
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Also, you might consider talking to a financial advisor. Be careful not to follow their advice to quickly as some may be out to steer you in the direction they will make the most money in, not what's best for you. Knowledge is power, especially if you plan on handling your on investments. Read, read, read, and more importantly, understand. If you feel you are not ready to handle your own investments, hire a pro. Find a financial advisor that is not 100% commission based, that you feel comfortable with and trust. Word of mouth speaks volumes. If you leave feeling like you don't understand what they are trying to get you to invest in, then they probably are not doing a good job, and you will not feel comfortable, find someone else. Also, always ask questions from friends, family, online fourms, ect. Learn as much as you can from others, then do your own research on what they say. Just because someone says to do something, does not mean it's correct, or right for you. Either way, you are making a great step in finding financial freedom and I congratulate you! Good Luck

