Quote Originally Posted by El Gamo
Quote Originally Posted by wacko3205
Quote Originally Posted by El Gamo
I' just purchased some books about this stuff,but I was wondering if anyone here knew anything about this sort of thing...any pointers would be really cool! Cc's for any responses.
If your'e young...start an IRA compromised of mutual funds...that S*** makes some cash with very little risk.

I got burnt on stocks about 8 years ago & have never had the desire to dabble in it again.
Is it really really risky?? How much did you lose my man?
Really really REALLY risky. I'm tellin ya...mutual bonds & funds is the way to go.

Go to your local bank & start a Roth IRA. It's non-taxable & about the safest way to go. I started one with about $2,000 & added to it monthly. It built up a pretty large chunk.

If you wanna take the risk of stocks...you can make money...sometimes...but it's just like gambling. Don't let anyone tell you that it's not.

If you do stocks, purchase sure bets. Tech stocks, Coke products, & things that are basic necessities.