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I know absolutely nothing about investing...

The Sauce

Diamond Member
Oct 31, 1999
4,741
34
91
CD's, govt. bonds, tax shelters, blah blah blah... I finally have enough money to start saving and have no bloody idea what to do with it. Anyone here capable of giving a primer - Investing for Complete Blithering Imbecils?
 

HappyPuppy

Lifer
Apr 5, 2001
16,997
2
71
Go to the library and check out some books on investing. There are as many plans as there are people. The safest way to start, though, is buying mutual funds.
 

Zebo

Elite Member
Jul 29, 2001
39,398
19
81
Vangaurd family of mutual funds are considered by most "value" investors the safest and most prudent in this market right now.
 

DaveSimmons

Elite Member
Aug 12, 2001
40,730
670
126
Originally posted by: Carbonyl
Vangaurd family of mutual funds are considered by most "value" investors the safest and most prudent in this market right now.
Yep, another vote for Vanguard -- time it right and you can pick up some VFINX cheap during the war jitters, great for a long-term investment.

If you're only investing short-term you might be better of with a zero-risk (but low-profit) investment like an account at www.INGdirect.com or a bank CD from www.etradebank.com

www.fool.com does have some good content.
 

xuanman

Golden Member
Oct 5, 2002
1,417
0
0
Originally posted by: DaveSimmons
Originally posted by: Carbonyl
Vangaurd family of mutual funds are considered by most "value" investors the safest and most prudent in this market right now.
Yep, another vote for Vanguard -- time it right and you can pick up some VFINX cheap during the war jitters, great for a long-term investment.

If you're only investing short-term you might be better of with a zero-risk (but low-profit) investment like an account at www.INGdirect.com or a bank CD from www.etradebank.com

www.fool.com does have some good content.

if you're going to go with VFINX, just go with SPYders
 

ReiAyanami

Diamond Member
Sep 24, 2002
4,466
0
0
dont buy AMD, they'll be lucky if they dont go under considering they burned thru most of their cash in the last 6 months and have less than 6 months of $ left.