good websites and/or books about investment basics?

NTB

Diamond Member
Mar 26, 2001
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The salary from my new job should, after all the necessities are taken care of, leave me with enough money to do a little investing - but I have no clue where to start :eek: If anybody has any good suggestions, I'd love to hear them; this is something I deffinitely need to educate myself about.

Nate
 

NTB

Diamond Member
Mar 26, 2001
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bump for the late-nite crowd. I'll check this again in the morning :)

Nate
 

everman

Lifer
Nov 5, 2002
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wsj.com morningstar.com fool.com marketwatch.com

Get a wall street journal subscription and read it every day :D
 

DaveSimmons

Elite Member
Aug 12, 2001
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fool.com used to be decent but I haven't been there in years.

My investments are in stock index mutual funds, domestic and international, where I just buy and hold forever, adding more shares every year. Vanguard.com and their index funds is a good place for this kind of strategy.

Most people agree on a basic strateg, in this order:
1. Pay off all CC debt and any other high-interest debt.
2. Put several months' worth of living expenses into a high-interest savings account at INGDirect.com or equivalent
3. Contribute to your company 401k plan (once eligible) up to at least the % of salary that your employer matches
4. Max out your Roth IRA contributions (currently $4K a year, vanguard is one place)
5. Max out your 401k
6. Open a non-retirement brokerage account

What they differ on is how to allocate the money in each investment.
 

BoldAsLove

Platinum Member
May 10, 2005
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www.cramersmadmoney.com
thats a good message board - I visit their frequently. They have lots of good tips on individual stocks, and the people are friendly and know what they are talking about and will also help n00bs with anything.
 

alrocky

Golden Member
Jan 22, 2001
1,771
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Vanguard Diehards has a Books of Interest list and a copy of the a forum from Morningstar.com. The Morningstar forums can be found under Discuss and there is additional information under the Personal Finance link. Eric Tyson has several investing books including Mutual Funds for Dummies.

Follow DaveSimmons list. :thumbsup: