Have you ever bought any stocks/shares in the stock market or do you not like to make those risks? If you have how much money have you made or do you still own those shares?
Mayu said:I think it's too risky and calculating for me, I'd rather use the money somewhere else.![]()
Zombie! said:Mayu said:I think it's too risky and calculating for me, I'd rather use the money somewhere else.![]()
True true but if you do well I guess you could make quite a lot of money.
John123 said:I use mutual funds instead. Single stocks are very dangerous. If you spread your money around with a mutual fund, you'll do well.
Demon_skeith said:John123 said:I use mutual funds instead. Single stocks are very dangerous. If you spread your money around with a mutual fund, you'll do well.
how do you go about setting up mutual funds?
John123 said:Demon_skeith said:John123 said:I use mutual funds instead. Single stocks are very dangerous. If you spread your money around with a mutual fund, you'll do well.
how do you go about setting up mutual funds?
This > http://www.investopedia.com/articles/mutualfund/11/build-own-mutual-fund.asp Is a pretty good guide, I think. I actually set up mine with Motley Fool. The article is correct about you getting more in the long-run if you set it up yourself; however, that's more expensive to do. Since I don't have the money to buy a bunch of single stocks, I just have someone do it for me then go into it with a set group of people.
Demon_skeith said:John123 said:Demon_skeith said:John123 said:I use mutual funds instead. Single stocks are very dangerous. If you spread your money around with a mutual fund, you'll do well.
how do you go about setting up mutual funds?
This > http://www.investopedia.com/articles/mutualfund/11/build-own-mutual-fund.asp Is a pretty good guide, I think. I actually set up mine with Motley Fool. The article is correct about you getting more in the long-run if you set it up yourself; however, that's more expensive to do. Since I don't have the money to buy a bunch of single stocks, I just have someone do it for me then go into it with a set group of people.
Thanks for the link, I need a long term investment with my money. Not gaining anything in my savings.
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