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A place for Get Rich Slowly readers to ask questions
and exchange ideas
It is currently Wed Jul 23, 2014 2:56 am




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 Post subject: Should I invest in stocks?
PostPosted: Wed May 16, 2007 8:38 am 

Joined: Wed May 16, 2007 8:24 am
Posts: 1
I'm a fresh grad & would like to invest some of my savings on stocks though i don't know how to work w/ stock just yet! So should I go ahead & trust a broker on this?


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PostPosted: Wed May 16, 2007 8:48 am 
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Joined: Thu Apr 05, 2007 6:30 am
Posts: 336
Location: Houston, TX
Well, if you don't know how to invest in stocks yet, I'd suggest that you hold off. Stick around here and you're going to pick up lots of valuable information.

How is your retirement savings (tax-deferred) coming along? Let's work on that first.

_________________
Read my 'fiscal fitness' financial disclosures here.


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PostPosted: Wed May 16, 2007 8:52 am 

Joined: Thu Apr 05, 2007 8:01 am
Posts: 243
As tinyhands suggests, most current financial advice has "investing in stocks" around "step 7" of a comprehensive financial plan. If you want to get rich, stay rich, and feel rich, investing in stocks is likely one of the less important things you can do.

squished


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PostPosted: Wed May 16, 2007 2:00 pm 
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Joined: Sun Apr 15, 2007 1:45 pm
Posts: 84
Location: New Jersey
If you don't understand the stock market, don't put money into it.

Learn about it first, while taking care of things that should probably come before stock investing anyway.


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PostPosted: Thu May 17, 2007 11:17 am 

Joined: Tue May 08, 2007 10:49 am
Posts: 16
as JD always says-- Sharebuilder has some great tools for you if you're just getting interested in the stock market and want to learn and invest with a small amount of money. http://www.sharebuilder.com


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