1.What advice would you give to a college freshman about money?
2.What advice would you give to someone who just finished college about money?
3.What books, websites, and courses do you recommend about money or investing?
4.What is the biggest mistake that I never make with money?
5.What things would you like to be more knowledgeable about in terms of money or investing?
6.What are some negatives would be if I choose more than 5 picking stocks?
7.What are some strategies to predict a corporation’s future for choosing stock?
8.How do you get some information about big companies for stocks?
9.What should I keep in mind about investing?
10.If I didn’t know that the bank that I invested money was bankrupted, what happens?
11.Which bank would you pick when you are going to invest your money?
Kevin R 7:48 pm on October 19, 2009
1) Learn to be frugal. Income must exceed expenses. Save and invest as much as possible.
2) Put the maximum amount in your IRA. Pay off low interest student loans on time.
3) A good home economics course wouldn’t hurt. To learn to use coupons, cooking, baking. Food is now a premium expense, restaurant checks haven’t gone up yet, but WILL.
4) The biggest mistake to never make with money is try not to lose it. Don’t invest without reasonable expectation of profit, and don’t be in to big a hurry. True wealth takes time, that’s why there’s a long term capital gain period in most countries.
5) World interest rate fluctuations.
6) I think you can own too many stocks. Losing volatility takes away some profit potential.
7) Try to know the senior management team. Nothing will be more important than the decisions made by who guides the company.
9) If I do this will I sleep better?
10) Ask another way please I don’t understand. Knowledge is power what you don’t know can hurt you investing. You lose invested capital maybe.
11) If you are capitalizing a corporation, by borrowing, I want a good interest rate, long term. I also want (more importantly) to have a good relationship with my banker. We don’t have to be drinking buddies, but I want them to know me and my company inside and out. They are an investor in me and mine.
If your buying banks I like Bank of America, and JP Morgan-Chase.
RAWBERRY-SHOCKLATE 7:48 pm on October 19, 2009
1. Live within your means and find a career, not a job.
2. Kick Sallie Mae to the curb. Pay off your student loans ASAP.
3. Jim Cramers Real Money and Stay Mad for Life. As well as Suze Orman books and one of those "Dummies" books.
4. Investing for retirement and for your future.
5. Find more winners then loser stocks.
6. If you choose more then 5 stocks, you become a mutual fund.
7. Look at their business, what do they do, how they do it.
8. Internet, magizines.
9. Find companies that you understand, and diversity.
10. You didn’t do your homework on the bank.
11. Citibank or Wells Fargo.
Pedro R 7:48 pm on October 19, 2009
1) take a business class
2) get a career, when you get paid take 30% of the money and invest it, buy gold, or diamonds, these are God-made money, do not save dollars, the gov is printing currency that does not exist, its all funny money. keep learning, invest in yourself, when you have a good amount open a business related to yr career, or invest in other people’s businesses
3)rich dad poor dad (book), success(book), microeconomics(course), keep learning
4) pay yourself first, donate money is a good thing, God is looking
5)stocks and taxes
6) not many negatives, in a crisis every stock goes down, so you loose a lot of money, learn about stocks first, pick businesses that you know about, if you want to go safe pick like walmart, coke, or McDonald’s
7)pick stocks you know about, if you know about video games, invest in a video game business
8)i don’t get it
9)its necessary for your future, invest in emerging nations, and God-made money (gold, silver, diamonds especially)
10) DO NoT KNOW SORRY
11)citi or bank of america, they are reliable