The Stock Market
Large Member
Joined: Oct 2000
Posts: 4,735
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From: Bay Area, CA
If you want long term stability and growth, just go with an IRA and put some of your check in it each month. When you retire, it'll be worth millions - and it will be very unlikely that it will collapse and cause you to lose all of your money.
A very similar thing is a mutual fund. Again, you aren't going to see huge short term gains, but if you keep putting money in (a little bit at a time), it will continue to yield small gains month after month and when you come to retirement; you'll be set.
A very similar thing is a mutual fund. Again, you aren't going to see huge short term gains, but if you keep putting money in (a little bit at a time), it will continue to yield small gains month after month and when you come to retirement; you'll be set.
Senior Member
Joined: Jun 2002
Posts: 2,033
Likes: 1
From: GA
Originally Posted by v8guy
Yeah, I heard the same thing from a guy that does institutional trading on Wall Street. Buy Merck (NYSE MRK) I guess some of the big Mutual Funds are buying Merck right now.
I would definitely buy some MRK right now. Lowest point in 5 yrs. They will recover. Pharmaceuticals will always be here.
Senior Member
Joined: Apr 2003
Posts: 384
Likes: 0
From: SF/CA
Originally Posted by antarius
If you want long term stability and growth, just go with an IRA and put some of your check in it each month. When you retire, it'll be worth millions - and it will be very unlikely that it will collapse and cause you to lose all of your money.
A very similar thing is a mutual fund. Again, you aren't going to see huge short term gains, but if you keep putting money in (a little bit at a time), it will continue to yield small gains month after month and when you come to retirement; you'll be set.
A very similar thing is a mutual fund. Again, you aren't going to see huge short term gains, but if you keep putting money in (a little bit at a time), it will continue to yield small gains month after month and when you come to retirement; you'll be set.
do you know what a mutual fund is? other than what you learned on message boards?
Senior Member
Joined: Jun 2004
Posts: 30,331
Likes: 0
From: Montréal, Canada
Originally Posted by darksideofjae
The reason i would buy merck is i feel and can see that they are going to rebound off of it. Plus thats what i heard from a co-worker who is deep into the stock market.
Originally Posted by v8guy
Yeah, I heard the same thing from a guy that does institutional trading on Wall Street. Buy Merck (NYSE MRK) I guess some of the big Mutual Funds are buying Merck right now.
BTW i am not saying that Merk is an absolute no... just telling you that yif you buy it for the 2 reasons stated above then your making a mistake that the book your reading is pointing out....
Stuff and things.
Joined: Dec 2003
Posts: 1,972
Likes: 0
From: New York
Mutual funds are low risk. There's nothing wrong with that.
Of course, if your idea of investment capital is $200, you should really be thinking about a money market account or a plain old savings account.
Of course, if your idea of investment capital is $200, you should really be thinking about a money market account or a plain old savings account.
Joined: Oct 2000
Posts: 44,908
Likes: 0
From: Location Location
Originally Posted by benjamin
Mutual funds are low risk. There's nothing wrong with that.
Of course, if your idea of investment capital is $200, you should really be thinking about a money market account or a plain old savings account.
Of course, if your idea of investment capital is $200, you should really be thinking about a money market account or a plain old savings account.
:werd:
unless it's $200/month, but even then it's still not much.
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...I really wanna get out and shoot people.