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    moffat's Avatar
    moffat Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jul 7, 2006, 02:41 AM
    Investing questions
    I would like to ask on the processes that one follows when you want to make an invest? Also must you be having a lot of money to start investing?and which is the least amount of money you can invest e.g.. In shares
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #2

    Jul 7, 2006, 11:51 AM
    Depends on what you want to invest in, and with who. With discount brokers you can setup an account with very little in funds.
    JayStone's Avatar
    JayStone Posts: 11, Reputation: 3
    New Member
    		  
    #3

    Jul 7, 2006, 03:38 PM
    If investing is something you want to do, then educate yourself with the vocabulary of what you want to invest in. If it's stocks, then learn what mutual funds are, bonds, nasdaq, etc...
    If it's real estate, which will bring you the most money, then learn about interest rates, flipping, your credit score, etc... That's how you start.
    shunned's Avatar
    shunned Posts: 268, Reputation: 20
    Full Member
    		  
    #4

    Jul 7, 2006, 06:30 PM
    Also, check Vanguard's website. They have cheap fees and can do most anything.
    A certificate of deposit (CD) is a good start for a lump sum while your mulling over options.
    Aamina's Avatar
    Aamina Posts: 3, Reputation: 1
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    #5

    Jan 25, 2008, 04:12 PM
    Comment on JayStone's post
    Very sound advice.
    Aamina's Avatar
    Aamina Posts: 3, Reputation: 1
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    #6

    Jan 25, 2008, 04:12 PM
    Comment on shunned's post
    This is also helpful.
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