I'm 28, and I don't want to end up like Liz Lemon ("well I have $12,000 in checking"). What's a good primer on investing? I don't have a ton of money but I'd like to get into it.
Depends on what country you (or your money) live in.
In the US has some low fee index funds. In Germany I used an ETF of max-blue.
Just find a low fee diversified index fund, and then get back to your normal work. (Unless you enjoy playing the stock market, than there's nothing wrong with active investment. Just as some people enjoy playing the lottery (only the expected value of active investment isn't as dismal as playing the lottery).) Benjamin Graham's "Security Analysis" is a good primer, if you really want to get into stock or bond trading, or are just interested on an intellectual level. It's a hard book.
Make sure you use a tax efficient way to invest. If you can invest with pre-tax money, do so.
eru|15 years ago
In the US has some low fee index funds. In Germany I used an ETF of max-blue.
Just find a low fee diversified index fund, and then get back to your normal work. (Unless you enjoy playing the stock market, than there's nothing wrong with active investment. Just as some people enjoy playing the lottery (only the expected value of active investment isn't as dismal as playing the lottery).) Benjamin Graham's "Security Analysis" is a good primer, if you really want to get into stock or bond trading, or are just interested on an intellectual level. It's a hard book.
Make sure you use a tax efficient way to invest. If you can invest with pre-tax money, do so.
wrs|15 years ago
antareus|15 years ago