Thread: Investing 102
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Old 12-22-2016, 06:31 PM
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Vegas69 Vegas69 is offline
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I couldn't bring myself to get into Gold or any of the precious metals commodity stocks at this point. The economy is still doing well. If I start to feel things slow down in my business and people aren't spending like mad, I'll reconsider.

In the meantime, I'm still buying stocks every month. It was nice to log on this week and see some MO shares bought automatically from my dividend income.

My son already has some piggy bank money. Instead of going to Wells Fargo and losing money with inflation in a savings account, I bought him a Vanguard index fund. One whole share! I figure I'll throw his birthday and Christmas money at it every chance I get. We are already funding his 529 every month. I'm looking forward to teaching him about how to invest and manage his money at a young age.
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