Post: Investing?
02-14-2011, 06:48 AM #1
Hurldoh
Kiss My Country Ass
(adsbygoogle = window.adsbygoogle || []).push({}); Alright, so I notice that ALOT of people who invest are pretty wealthy.

I get the basic idea of how to do it.

But, how do you know what to invest in?

I heard invest in like google and stuff like that. But I have noo clue how to even do that.

Anyone know anything about this?
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02-14-2011, 06:55 AM #2
TheBigRod
uh-may-zuh-zing
Originally posted by Hurlie View Post
Alright, so I notice that ALOT of people who invest are pretty wealthy.

I get the basic idea of how to do it.

But, how do you know what to invest in?

I heard invest in like google and stuff like that. But I have noo clue how to even do that.

Anyone know anything about this?


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Hurldoh
02-14-2011, 06:58 AM #3
the stuff
League Champion
Talk to a stockbroker for investing in individual stocks.

I think the best route personally is mutual funds. There's a whole variety of mutual funds for different industries: including medical, natural resources, computers, security and services as well.

They're very stable and conservative. Over time you can double your money every 5 years I believe. It's called the rule of 72. You must login or register to view this content.

Here and there you can use those earnings on additional stocks in mutual funds or you can diversify or financial portfolio with individual stocks, options and derivatives. The options and derivatives are really risky though and you really have to know some background information or even resort to insider trading which is illegal.

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Hurldoh
02-14-2011, 12:09 PM #4
Solo
Rookie
I invested in the housing market, about 7 years ago, when it was good. I'd buy up a run down or foreclosed home, then completely renovate it, and sell it as a really nice and formidable home. I made enough money doing this to pay for all of my tuition. (I'm now 25 & in my 3rd year of law school) You can't really do that now, since no one is buying, though. If you want to invest in something, I'd go with Natural Gas. :y:

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02-14-2011, 12:48 PM #5
xX____BMX____Xx
youtube.com/eggncheezy
like solo said invest in the housing market the housing market is down and you will gain soooo much money 10 years from now

also invest in a 2060 mutual fund

it makes risky investments now and in 2060 when you retire it will make not so risky investments. its made to pull your money our at 2060

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