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Originally Posted by jujumantb
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Originally Posted by CoMaToSe
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Originally Posted by jujumantb
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Originally Posted by CoMaToSe
Diversify that shit, dont put all your eggs in one basket. Put some in the stock market, put some in SS, put some in a retirement account, etc. And if you're gonna play stock market, diversify THAT. Bet on some safe industries/companies, and invest in some promising or intriguing futuregen stuff too.
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... much easier for a casual investor to buy into a mutual fund and let them do all that for you. |
nah, then what if the mutual fund takes a dive? |
you dont pick one that is going to take a dive... picking a low risk mutual fund is not hard... its not going to take a dive seperate from the overall market/economy. |
All Im saying is you should never, EVER put all your money in one place. A low risk mutual fund wont see enough of an investment growth to justify the even astronomically low risk of a dive. Put SOME of your stuff in a high risk mutual fund, and buy out every quarter or so. Meanwhile, manage most of the stuff yourself.
Call me a redneck, but Im hesitant to trust any third party, be it accountant or public fund or government with my money.