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

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brainhulk

brainhulk

Diamond Member
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?
 
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 😀

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.
 
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.
 
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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