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#1
11-06-2010, 08:08 PM
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I think mutual funds are probably the safest place right now. You're not putting all your eggs in one basket, and you're paying someone to be the guardian of your funds.
A place to start - http://www.essortment.com/all/howtoinvestmo_rguq.htm Also, google "how to invest in mutual funds", a myriad of links will pop up.
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I l  Cigar, Medaglia d'Oro, Big Brown, Curlin, Rachel Alexandra, Silver Charm, First Samurai, Sumwonlovesyou, Lloydobler, Ausable Chasm, AND Prince Will I Am "Be daring, be different, be impractical, be anything that will assert integrity of purpose and imaginative vision against the play-it-safers, the creatures of the commonplace, the slaves of the ordinary.” Cecil Beaton 
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#2
11-06-2010, 08:09 PM
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#3
11-06-2010, 08:14 PM
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I can afford $300 a month and not have to cut anything, $500 a month if needed... Is that not enough?
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#4
11-06-2010, 08:21 PM
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if you are really going to put money into mutual funds for a peroid of time say 10 , 20 , 30 yrs , go with the index funds the index funds have the lowest costs and over time outperform 95 % of all the mutual funds over the course of 10 , 20 , 30 yrs , if you can save money by not paying froned end fees , 12b1 fees and early withdrawl fees you will outperfom 95 % of all the mutual funds out there there are too many average people out there managing money , stick with a plain vanilla index fund and laugh all the way to the bank in 30 yrs
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#5
11-06-2010, 08:23 PM
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#6
11-06-2010, 08:26 PM
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#7
11-06-2010, 08:28 PM
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__________________
Felix Unger talking to Oscar Madison: "Your horse could finish third by 20 lengths and they still pay you? And you have been losing money for all these years?!"
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#8
11-06-2010, 08:18 PM
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__________________
I l Cigar, Medaglia d'Oro, Big Brown, Curlin, Rachel Alexandra, Silver Charm, First Samurai, Sumwonlovesyou, Lloydobler, Ausable Chasm, AND Prince Will I Am "Be daring, be different, be impractical, be anything that will assert integrity of purpose and imaginative vision against the play-it-safers, the creatures of the commonplace, the slaves of the ordinary.” Cecil Beaton
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#10
11-06-2010, 08:43 PM
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There is so little anymore on which to make money - real estate investing is not for the faint of heart, stocks are scary, money market, CD's, savings accounts pay little. And, IRS will be stepping in come the first of 2012 to monitor precious metal buying and selling above $600 through coin dealers.
__________________
I l Cigar, Medaglia d'Oro, Big Brown, Curlin, Rachel Alexandra, Silver Charm, First Samurai, Sumwonlovesyou, Lloydobler, Ausable Chasm, AND Prince Will I Am "Be daring, be different, be impractical, be anything that will assert integrity of purpose and imaginative vision against the play-it-safers, the creatures of the commonplace, the slaves of the ordinary.” Cecil Beaton
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#11
11-06-2010, 08:44 PM
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#12
11-06-2010, 08:52 PM
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If you're losing money betting the ponies, don't do it - that's a savings right there. You asked for help. Was just trying to help. I will leave the discussion to the experts.
__________________
I l Cigar, Medaglia d'Oro, Big Brown, Curlin, Rachel Alexandra, Silver Charm, First Samurai, Sumwonlovesyou, Lloydobler, Ausable Chasm, AND Prince Will I Am "Be daring, be different, be impractical, be anything that will assert integrity of purpose and imaginative vision against the play-it-safers, the creatures of the commonplace, the slaves of the ordinary.” Cecil Beaton
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#13
11-06-2010, 08:46 PM
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Hybrid Mode
