Saturday, June 18, 2005

New to Investing

You can start investing in the stock market with as little as $50. If you are new I recommend buying a mutual fund. Don't put all your money in at once. If you have $1000 to invest. Put the minimum amount into the mutual fund and add $50 each month electronically. Talk to Fidelilty or an investment advisor about dollar cost averaging into a mutual fund. That way you don't put all your money into the market at a short term "top" or "peak." If you are investing for retirement open an IRA.


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