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re: starting investments

Posted on 11/12/12 at 10:01 pm to
Posted by kingbob
Sorrento, LA
Member since Nov 2010
67209 posts
Posted on 11/12/12 at 10:01 pm to
I'm asking because I'm still in college and have no capital to invest as of yet. I have a very sound money mind, but I lack field knowledge as to what is currently working under this high inflation, 0% FED interest rate clusterf&%k of a system. I'd like to start investing in my future as soon as I start my career in another year, but I want to already know where to start. I don't just want to have a small retirement fund that will tank with the next stock market crash. I want to start from nothing and build an empire one trade at a time...or at least settle for a long term investment that will give me more than plenty to retire on. I'm hoping being Jewish helps
Posted by Alabama Slim
2009,2011 BCS National Champions
Member since Jul 2007
9953 posts
Posted on 11/12/12 at 10:08 pm to
put a little away each paycheck until you can afford a small 3 BR section 8 rental home purchased with cash. about the best ROI you'll find these days.
Posted by Tmacelroy12
Houston
Member since Aug 2012
5489 posts
Posted on 11/12/12 at 10:10 pm to
Honestly, the stock market, even though its pretty volatile in the short-term, is the best bet for the long run. If you are still in college, then I wouldn't worry about losing all your capital especially if you go with large cap stocks. I don't have too much field knowledge to give you great advise though.
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