re: Advice for trading

quote:

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Thanks for the advice foshizzle. I've also heard that a lot of stock traders do it more for the sport than anything else. I will definitely look more into index funds now

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I freely admit that I invest in individual stocks right now (at the age of 22 with money that is not even mine) because I enjoy the rush of it, and it is more exciting to own an actual company rather than "The S&P spider index." What I will probably do is open a Roth and then invest more in individual stocks, maybe even do some swing trading. With my 401k, however, I will invest up to the company match and put that money in some boring ETF. I think this is a good balance of the two. (Plus, if I do happen to get lucky in a Roth, all the earnings are tax free in 37 years).