what's a good resource to learn how to invest...

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brainhulk

Diamond Member
Sep 14, 2007
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After seeing the $2k reserve thread, I guess I am way overkill on how much I have in my ING orange savings account.(>$60k)

Can anybody point to any good books or websites?
 

ShawnD1

Lifer
May 24, 2003
15,987
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I took a class at a local community college. The guy teaching it also has a talk show on the radio and he's a higher up financial guy at ScotiaMcLeod investing :D

Another good place is to join a forum like this but related to investing. Don't buy or sell based on random internet people, but follow the discussions and try to get a feel for how things work.
 

Svnla

Lifer
Nov 10, 2003
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OP, glad that you did read my 2K reserve thread.

Go to Fatwallet Finance, there are some good threads there. Bankrate.com is not bad.

I also like Vanguard, Fidelity, and Schwab websites (you don't have to buy anything from them to read their sites).

I said this before, I would not put all my liquid cash into a saving account (too low return). Put it in a reward checking or two and get at least 3% return with FDIC insurance.
 

mshan

Diamond Member
Nov 16, 2004
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http://www.amazon.com/Personal-Finan...6275788&sr=8-1 (he also has a Mutual Funds for Dummies book that might overlap somewhat)

http://www.amazon.com/Common-Sense-M...6275851&sr=8-4

Quick Primer: http://selectedfunds.com/downloads/SFSuccInv1210.pdf

Losing money hurts much more than money you could have made if you jumped in rather ill-informed, so take your time and do everything in steps. Plus all the money you could have made if you had just bought that investment are always in rear view mirror, when high and low are obvious, but in real time, never know when you would have bought or sold.

If you want true set it and forget it investing for retirement decades away, there is a thread floating around about what Google tells it's employees (I think basically dollar cost average in Vanguard Index Total Stock Market (VTSMX) mutual fund and consider adding good intermediate term bond fund around age 50 so your strategic asset allocation is consistent with time horizon and your risk tolerance.

Obvious no brainers before that are paying off high interest credit card debt and contributing to 401k at least up to company match.
 
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jupiter57

Diamond Member
Nov 18, 2001
4,600
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ATOT has the best financial advise.
Everyone knows th...

QFT!
Ask an investment question on here and every "parents basement" dwelling High Schooler here will pop in like a Financial Adviser.
LOL
 

Farmer

Diamond Member
Dec 23, 2003
3,334
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It depends, do you want to speculate, or do you want to hedge/invest?
 
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