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bikramaddict
mommy-to-be
Member since 8/06 4376 total posts
Name:
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A little personal: where do you invest $$
We'd like to invest some $$ but we're a little chicken. Right now we've got some in an emigrant direct account and we also bought a house, but where else can we go that's not super duper risky? Mutual funds? Something else? How do you go about researching this stuff?
TIA!
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Posted 8/1/07 9:20 AM  |
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MikesWife
Wanting...........
Member since 1/06 6887 total posts
Name:
Karen
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Re: A little personal: where do you invest $$
You can always do EE Bonds if you are willing to wait for the return on your money. My parents started doing this when I was younger and paid for my college education when they matured.
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| Posted 8/1/07 9:26 AM |
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LuckySV
LIF Adult
Member since 10/05 4675 total posts
Name:
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Re: A little personal: where do you invest $$
We invest in mutual funds. I find morningstar and yahoo finance very helpful. Also, you can go directly to vanguard, troweprice, dodge and cox, fidelity, oppenheimer, etc to research their mutual funds.
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| Posted 8/1/07 9:47 AM |
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Lisa
I'm a PANK!!!
Member since 5/05 22334 total posts
Name:
Professional Aunts No Kids
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Re: A little personal: where do you invest $$
Fidelity has GREAT customer service and will help you find a fund(s) that will work for you
You can always put it in a ING type savings acct...the money is accesible but you get good interest on it
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| Posted 8/1/07 9:50 AM |
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KvsGrl
Round 2!!
Member since 1/07 1202 total posts
Name:
Samantha
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Re: A little personal: where do you invest $$
I invest my money in my hedge fund.
It depends on what you define as risky and what return you are looking for. You can always put your money in an HSBC or ING savings account and earn 5% on your savings. Another option would be to investigate mutual funds. They al have different strategies and different degrees of risk. If you are not comfortable diversifying your assets and are looking for a long term investment, you may want to consider a target retirement fund (I know vanguard has one). It is a mix of stocks and bonds. It is initially more risky (higher concentration of stocks) and becomes less risky as you approach your retirement (higher concentration of bonds). You can also purchase an index like the S&P 500 which alot of hedge funds benchmark too.
HTH!
ETA: July was a very bad month for the markets, so keep this in mind when evaluating your perspective investments.
Message edited 8/1/2007 10:03:43 AM.
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| Posted 8/1/07 10:01 AM |
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ILJ619
LIF Adult
Member since 6/06 1985 total posts
Name:
Irene
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Re: A little personal: where do you invest $$
I have some stock but they are very risky. I agree July was a really bad month. But my mutual funds are giving me a good return so far. Its all about timing though. I watch it but you can't jump at every market fluctuation. I use yahoo finance alot! HTH
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| Posted 8/1/07 2:33 PM |
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bikramaddict
mommy-to-be
Member since 8/06 4376 total posts
Name:
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Re: A little personal: where do you invest $$
thanks all!
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| Posted 8/1/07 4:20 PM |
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MrsFlatbread
Skinny jeans are in my future
Member since 6/06 10258 total posts
Name:
Baby Momma
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Re: A little personal: where do you invest $$
both of us in mutual funds
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| Posted 8/1/07 6:53 PM |
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Blu-ize
Plan B is Now Plan A
Member since 7/05 32475 total posts
Name:
Susan
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Re: A little personal: where do you invest $$
If you diversify your money into well respected mutual fund companies you can pick the types of funds that make sense for you.
My dad uses Charles Schwab and they are very good.
I invest with my company because I have to and there's a good mix of funds. We are going on the aggressive side with a mix of growth, international, fixed income..etc..
Don't put all of your money into one fund or stock. Diversification will help you ride out bad times in an uncertain market.
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| Posted 8/1/07 7:05 PM |
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