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  1. #1
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    Default Re: investing

    Quote Originally Posted by Kirkland Laing View Post
    I know nothing about stocks. I'm not just saying that, I know absolutely nothing.

    I've told you before. Put your money in a nice low fee index fund. Vanguard are good but shop around. I have 30% of my dough in various index funds, 30% in real estate, 30% in with the money I manage and ten percent in various what are termed alternative investments.

    The best thing you can invest in is bricks and mortar. You shouldn't be investing a lot of dough in stocks particularly in this day and age unless you have enough property to live off your property rents for the rest of your life. If you're putting a significant percentage of your dough in stocks and you don't know what you're doing, and you don't, you very most likely are not going to come out ahead.
    I have more in funds than individual stocks. Haven't had to put any new money into stocks in years. I sell what's up or down and buy others. I do have a rental property but to be honest tenants make me nervous, I haven't had a bad one yet but in the US they can screw you for months.

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    Default Re: investing

    I have shares which I buy regularly and they have done better than putting it in the bank. I want enough to sell and but a property to rent out as Kirkland suggests.
    Do not let success go to your head and do not let failure get to your heart.

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