Two great firms to invest with are Vanguard and Fidelity. Low costs. Broad product line. Good customer service geared to helping novices.
If you are sure you can tie up the money very long term, consider a Roth IRA account.
Here are 3 great investing books to further your education. First two are easy. Third is challenging, but well worth it. The knowledge could also help you ace Finance classes.
One Up On Wall Street - Peter Lynch
A Random Walk Down Wall Street - Burton Malkiel
The Intelligent Investor - Benjamin Graham
The portfolio management means to investing the amount in fiscal and financial sources is called portfolio management. to gather the information and some advise about the portfolio management. the portfolio manager is more help to investing the amount is risk-less securities. the portfolio management is one of the tool for avoiding the risk factors
go get a library card.
u do not invest if u have NO earning.
your best investment is a paid off education
that actually leads to careers/jobs .
choose one in demand locally and pay
3 -4 time proverty levels at least.
that is Best investment at 18.
use your cash for education.
I'm currently 18, freshman in college, and have not started working but will start soon. I've done a modest amount of research in the types of investing and the risks associated with each. Right now, I'm thinking of starting with an index mutual fund but I have no idea how to start in general. Do I call a broker or online transactions, I should be aware of before investing, things like that. I would consider myself decently well off with a few thousand in my checking account and tolerant to risk. Thanks in advance.
