Need help don't know how to invest, where to start.?

Question

I'm a 41 year old male who has been fortunite to pay off his home, cottage, boat, and car. I'm debt free. I don't know how to invest, where to start, and afraid of the market that we are in, is there any alternative to the stock market or mutual funds? Is there a simple way to ease into the market? Do I have enough time before I retire at 62.

Answer 1

I would invest in a dictionary. Quickly. You're 41 and still making some terrible spelling and punctuation mistakes.

Answer 2

would focus on first learning about methods of trading, fundamental vs. technical. Read about each method and see which one suits you. Most sites are focused on the fundamental aspect of stock selection, which is not always the best.

Once you understand both, you can than decide on screening for stocks based on these criteria and also focus resources that screen stocks on the criteria you want.

Alternatively, you can use similar historical patterns to time the market using mutual funds. It is a myth that you can't time the market as an individual investor. Look for the market showing signs of sector leadership and wait for the indices to recover to their 200 day moving average.

Answer 3

u can invest in hosur., near bangalore. salubrious climate to live during retired life. many retired people are buying properties in hosur. industrial town with no pollution and calm eco friendly  and known as Little england. for more details u can log on to www.hosurproperty.com

Answer 4

There are many people just like you that are, or were looking to invest and those that did bought Mutual Funds and/or Exchange Traded Funds (ETFs).  One purpose of mutual funds is to help investors like you, who are either just entering the investment world or who have no investing experience.  Once you feel you at least have an understanding of investments you should look into ETFs which are similar to mutual funds but are traded on the exchanges.

Mutual Fund companies as well as ETFs have an entire array of products many will fit your needs. You can go to the MSN.Money website

http://moneycentral.msn.com/home.asp  it has an entire section on mutual funds and Exchange Traded Funds.  Read about the various products and in doing so you will be getting investment ideas and at the same time educating yourself about investing.

You could also contact the funds companies for more information.  I have found that Vanguard & Fidelity can meet your needs for mutual funds.  The service and information they provide is all free and you will find it helpful

Answer 5

You could follow the example of my experienced grandmother. She is very conservative with investing. She puts all her money in the high yielding bank account at 12% apr paid monthly (1% every month) though I offered her many times to invest with me in business at 40% per year.

You deserve something better. Email me at: pupking(at)luckymail(dot)com for a professional advice.

I wish you success!

Answer 6

First of all I agree with most responses here posted and personally believe that if you are new to the idea of investing and looking to enter you must start extremely conservative! There are various avenues you may persue thats doinging very well for most who decided to step into fix-income or defensive portfolios (alternative Ideas). Your money can be liquid along with a comfortable gain. ALong with being FDIC insured!!! I could point you in the right direction should you feel so compelled to learn more!!! [e-mail]

Answer 7

This is probably one of the best times to enter the market, seeing they are poised for a major rebound. Below is a link to a site that can help you get started and its easy to understand and free. It has a retirement calculator and some valuable lessons and tips. Don't be scared, you still have plenty of time. Good luck.