Stocks

[3kings]

Originally Posted by RockHardTen1985

I admit to knowing nothing, not even knowing where to start.
Please no bullshit responses, PLEASE. I know there are a lot of smart people who can comment on this. If one wanted to start out/ get into stocks and was willing to put $500 a month into it, how would you go about it? Is $500 a month pennies in the stock market? Can you make $ off it?
Thanks.

Actually at your age $500. would be a good start. Pick a fairly aggressive mutual fund from a company that has low fees (Vanguard would be an example) and put it in every month. That would be a good start. Also you should put $50 in a college fund for your kids every month even if this means you can only invest $400 for yourself.

Stop betting on sports other than horse racing, you will never win. It is too hard and you bet with your heart too often. Your opinion on horse racing is decent but just do it as a hobby.