> Brian wrote: > Maybe im taking the first steps towards gaining the understanding I need to > go about it myself.... >
Be in for next year, and get in fast; I think it will be a big year. If you're nervous about investing the best thing to buy is Index funds and ETFs (exchange traded funds). Index funds go up if their index does (like DJIA or S&P or NASDAQ QQQ) so there's not much risk assuming you think the market will rise or are long term (20 - 30 years). If you want to start researching, I'd look at mutual funds that are 12% - 20% over 20 years. As an example check out Vanguard Health Fund. Health care, like UHG, is a great investment. There's going to be a lot of old people, right? With a very small percentage, even if it's only one share, try investing in what you know. What companies do you know about that you think have a good outlook for the next 2 years based on good products and good management? For example, a few years ago I bought Apple at $14 per share, today it's at $67/share! If you like Buffet, and have the cash, buy Berkshire; you can also buy his "B" shares (BRKB) which are cheaper. I know because I bought them at $3000/share and today they're at $2800 :( I'm still pulling shark teeth out of my butt. Speaking of that, we bought Lucent at $40/share during the bubble and watched it fall to $2. I pretty much watched the dirt stream over the windshield on that one. But, hey, it's at $4 today ... ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Special thanks to the CF Community Suite Silver Sponsor - CFDynamics http://www.cfdynamics.com Message: http://www.houseoffusion.com/lists.cfm/link=i:5:138581 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
