First of all............HAPPY NEW YEAR guys!! (and gals?)
OK Mr. Inspiration. Now it's 2014, I have a recent windfall sitting in the bank that fell in my lap, completely unexpected. Time to INVEST!!!
WHERE do I go? ETrade? Scott Trade? etc, How do I take the first step? I don't recall too much talk of taking the first step in this MASSIVE thread.
I don't have "a guy" to go to either, not sure I'd even trust a recommendation.
HELP!!
Quote:
Originally Posted by GregWeld
Here's the deal --- and this IS INVESTING 102 --- so it's why I pull this stuff out and try to get people to open up their view of all things money....
Investments need to be looked at as competing for what COULD have been if the investment choice was "X" or "Y".... during the same period. Investing shouldn't be STAGNANT... money needs to be working and pulling the wagon ALL of the time. And only some minor analysis needs to be done to make sure a guy is seeing that thru. Buy and hold and forget is not a strategy that will win. Winning is critical. More critical than anything else you'll ever do... Money DOES buy happiness -- the guy that said it couldn't or wouldn't never had any.  |