I am 21 years and I am majoring in Finance in college, but I was wondering what is a good site to start investing? I want to do bonds because Its cheaper and stocks well, most of the time you have to buy in increments of 100 shares so I thought bonds would be a safer route and help me get confidence? Anybody have any ideas on which site and what to invest in?
Any feedback is appreciated.
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I am 21 years and I am majoring in Finance in college, but I was wondering what is a good site to start investing? I want to do bonds because Its cheaper and stocks well, most of the time you have to buy in increments of 100 shares so I thought bonds would be a safer route and help me get confidence? Anybody have any ideas on which site and what to invest in?
Until you really get seasoned with this stuff, my suggestion is to stick with no load mutual funds......with a VERY LONG HAUL horizon.
As you get experience, then you could gradually and conservatively scale in to doing your own investing, where, of course, you would want to clear using "low" commissions.
There is no doubt that any intelligent individual can manage his/her own money, but it takes time and footwork to know what you're doing. Learning the tax laws is also necessary.
The averages can be beaten, for sure, but work/seasoning is a pre-requisite.
Cheers
Throw-
Until you really get seasoned with this stuff, my suggestion is to stick with no load mutual funds......with a VERY LONG HAUL horizon.
As you get experience, then you could gradually and conservatively scale in to doing your own investing, where, of course, you would want to clear using "low" commissions.
There is no doubt that any intelligent individual can manage his/her own money, but it takes time and footwork to know what you're doing. Learning the tax laws is also necessary.
The averages can be beaten, for sure, but work/seasoning is a pre-requisite.
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