See if your employer has "any" savings plans for you. Take advantage of those, unless they are "terrible".
Next, open a Roth or conventional IRA. Make the maximum contributions, if possible.
Finally, go to assetbuilder.com and read about the Couch Potato Portfolio. Diversify through low fee ETF's.
And finally, (the best for last?) look into Facebook (FB). The mobile market is going to be huge. The experts seem to think FB is a wonderful growth stock. (I did buy some FB in the last 10 days but it represents less than 5% of my total portfolio)
It would be nice deal if you invest in mutual funds. Basically, you need to know one thing about this that is which stocks are going good which can offer you good values.
Mike is correct. Anyone who does not have all day to watch individual stocks should be buying mutual funds. And TR Price Cap App is a great one to buy. Another advantage of mutual funds is that you can invest modest amounts on a regular basis. To learn about mutual funds, go to Morningstar.com.
start with a mutual fund, like t rowe price capital appreciation fund.
stay away from individual stocks and use mutual funds.
Fidelity spartan 500 index fund invests in the 500 largest companies in the US
very low cost too.
read about mutual funds to get a basic understanding and don't invest in something that you don't understand. Never. Also read about the Roth Ira, its really a good deal !!
Where do I begin? I make $1,500 every two weeks, and only have one bill at the end of the month (phone bill). Every check I get I put most of it in the savings account already just wanted to start investing my money into other things.
