RRZ.com Investments

Who do I talk to about making investments?

I have saved up a few thousand dollars and I know that market is bad but I want to look into making investments to make some money. Who do I talk to?

Public Comments

1. In the beginning “newbie” traders and investors DO NOT INVEST THE FIRST cent or dollar. No amount of money. In the beginning you LEARN HOW: A] the stock market works. B] to invest in many, many various ways. C] to properly trade D] many other concepts and aspects. Beginning or novice ['newbies"] investors and traders ALWAYS make mistakes. In fact, throughout a person's avocation or hobby to do trading, he/she will make mistakes. In the very beginning, you READ AND LEARN about the market and how it works: Read "Investing for Dummies" As you are reading and doing research about the investments you are interested in, sometimes you'll come across a financial or investment term you never heard before. You can usually find excellent, easy-to-understand definitions of many financial and investment terms by going to Investopedia’s dictionary. http://investopedia.com is a free site. It’s recognized by Y! A as a "Featured Knowledge Partner". It probably won’t be long when you’ll feel you’re ready to invest your hard-earned money. Before taking that step, you really should do research about what you are investing in. It also has a free, paper trading platform. You can set up a virtual account and almost trade as though you were trading with real money. http://finance.yahoo.com is also recognized by Y! A as a "Featured Knowledge Partner" END E-MAIL #1 The thought processes are: 1] to have more successful trades than failing trades. 2] to minimize the losses of those losing trades. 3] "To live to trade another day." Having enough money in the trading account to return to the market. ALL this is accomplished by a few true expressions used on Wall Street: Some trading expressions come to mind: A] "On Wall Street there aren't any gifts." No one gives anyone else anything - not even stock tips. B] BUlls [BUyers] earn money. BEars [SEllers] earn money. Pigs get fat. Hogs [Greedy Traders] get slaughtered. They lose the money in their trading accounts. C] "Trees don't grow to Heaven. Neither do stocks or any other investments." In other words: What goes up, MUST come down! D] "Plan your trade. THEN trade your plan!" Have a trading plan with rules for that plan for each strategy. A few thousand dollars may not be enough for you to get started. I want everyone to know I DO NOT own any portion of this man’s estate, nor am I associated with him or any one else connected with him in any way. I am not part of the publishing company or an agent or anything else. This man does not know me from Adam AND I don’t know him. I know of him and the wonderful book he wrote. THIS IS NOT SPAM. You should buy a copy of this book: “The Richest Man in Babylon” by George S. Classon. You can get the book on http://amazon.com Its very easy to read. Its very easy to follow. You can write in it. You can make notes in it. All you have to do is to read five [5] pages - Let’s count 1 - 2 - 3 - 4 - 5 pages of this book - or any book - each and every day. OR You can leave it sit on the shelf, on a table or on the floor and let it collect dust. You have to see a broker or a financial planner or advisor like you know what you're talking about and how to do what you are talking about. Thanks for asking your Q! I enjoyed answering it! VTY, Ron Berue Yes, that is my real last name!
2. it depends what kind of investment you want to make and how much risk you are willing to take the risky investments can give you a lots of money in short time but you can lose it just like that,but if you want to invest long term you can invest in big companies like microsoft , gm, some thing like that they are not that risky
3. Use the numerous online free resources such as the one here http://www.101stockinvestments.com/Investing-Basics.html
4. talk to everyone you know....and LEARN what they are doing.... most likely about 95% of them will say something similar....DON'T DO THAT... continue to learn, and when you are confident that you know what is going on, then do something....until then....the inflation rate is higher than any savings account...but a few cents is still better than the mattress.... I'd go with and ING direct savings account until you have learned....then do...what you learned.
5. I guess it depends on how much work you want to go through. You could invest in a CD at a bank, but it might tie up your money such that you may not withdraw it without penalty. If you know of a good large company that sells mutual funds, you might try a Money Market mutual fund. It will be likely of making money. Precious metal funds have risen a great deal already in the past year and are very unstable, the stock market has fallen a great deal from its all-time high, and bond funds have been losing as well. A money market mutual fund is one of the most secure choices and should yield you about 1 to 5 percent annually.
6. No one. You should invest in yourself first on investments knowledge, a few thousand dollars of hard earn money can be gone in just a matter of minutes if you are not careful.
7. Hello, I also had a similair problem as you have. I had a good amount of money, and wanted it to grow. So I looked around on the internet to find something that is: 1) giving me great returns towards a relatively small risk 2) Professional people who know what they where doing with my money. I'm glad to say I finally found a moneymanager who is capable of giving me good returns and give me a great support. On this blog you can follow up all the results that he is making: http://my-robottrader.blogspot.com/ My money is working for me, in three months time I already have a ROI of 82%. So you don't hear me complaining! Annyway if you would like to get in touch with my moneymanager to have some more information feel free to contact me you can send an email to me at derrekmay at gmail.com. Then I'll give you the email adress of my moneymanager Hope this has helped you!