Advice for a first time investor?

I have recently come into quite a bit of money due to some inheritance I received. I want to invest about 15k of this money I have however I don麓t really know much about investing but I know it will be a great idea for my future.

I have heard about analyst companies that do in fact do the research into the markets for you, and make things easy for you by advising you on when to buy and sell your stocks.

I really want to use a company like this but I would like other peoples views on it.

Do you think it is worth while?

Thanks.

All right so you want to make some money huh. OK first off my ideas are stricly in a point of view of a Value Investor meaning that all of my cash flows are diversed into several investment that i feel will grow in value and i may just hold on to the share for multiple years. If you want to make quick cash watch Cramer on CNBC because thats not my specialty of course the second richest man in the world (Warren Buffet) is a value investor so....yeah. OK first off look at the balance sheet do your own homework dont rely on someone else. If assets are larger than Liabilties then it scores a point. If it double the Liabilties then it scores a bigger point with the investor. Another trick i enjoy using is if the P/E X 2 is = or less then the growth rate then its cheap. Sorry have to go but i can tell you thousands of differeent strategies. E-mail me at lilmoje187@aol.com. I would love to help!

These people will invest your money until its all gone. Do not touch them, Stick it in cash ISAs or get an ICICI account online.

DO NOT BUY individual stocks. As they are too volitile and expensive. At the very least you should not be going to a firm specializing in stock analysis. 1)that might not be enough to get started 2) their fee's will be expensive in the 5% range per year ($750 in your case)


Your best bet is to throw it in some packaged mutual funds that have diversity in their investments. Or possibly into a money market.

Analysts will in fact do research for you, but it is important to remember that they have numerous clients and, while they are not intentionally harming anyone, they will cater to their highest-net-worth clients. Therefore an investment in the $15k neighborhood will make you one of their smaller clients and you're likely not going to get as much personal attention as another client with millions in their portfolio.

Therefore your best bet is to just invest the money in a safe mutual fund. A target retirement account is always safe. Choose a year when you project to want to retire (2015, 2030, etc), and invest in a mutual fund aimed at that retirement date. The fund manager will automatically reallocate the funds to less-risky investments as that date nears.

If you buy individual stocks, but at least 10 different, otherwsie since you are a newbe, a fund focusing on stocks is fine. 3 shares of BRK-B is a good bet too. If you are looking to buy a house ( your investment horizon is <5 years) then bonds would be better.


advisors will take too much of your money. if you are really nervous about this,
put your money in a CD for a few months and read
a book on investing such as suze orman's " the road to wealth"

If you're only using a 401(k) at work and have not maxed out your IRA contribution.... then do this first. Max out your IRA contribution. Don't have an IRA? Then set one up using Mutual Funds. Your bank will have an Investment specialist to help you. They don't charge you anything for the service. And, if the Mutual Funds you select have low fees, then it will be fine.

Set the remaining funds in either a CD account, or an Investment account. If the latter, than with the same Investment specialist, set up an account with several more Mutual funds. If you pick the CD account instead, then plan on withdraweling from the CD at term and adding to your IRA account.

If you invested your money 10 years ago in a FTSE tracker fund
after charges you would now be making a loss.

Share Investment ceased to be a good long term bet in 2000.
This Yahoo Finance link may give you the picture.

http://uk.finance.yahoo.com/q/bc?s=%5EFT...

The best thing to invest your money in would be real estate---the return on your money is so much higher. I just got involved with a real estate investing group that has helped me learn how to invest my money in. If you're interested, call (866) 692-9321 for more information.

Well it sounds like you don't really want to be active in your own investments, so in that case, yes you should find someone to help you. Certified Financial Planners (CFP) are excellent at this. Look them up in your phone book.

I suggest looking at the replies you have received very closely. Maybe ask your parents for their opinion.

Your first option, should be to open a retirement account. This is always a good investment, regardless
of who you are.

If you have fully funded your retirement account and would like other options, you should consider a DRIP Plan.

They are seldom recommended by brokers due to the low rate of commissions received. However, these
reinvestment plans can be very powerful long-term investment. Studies have shown that DRIP's are one of
the best strategies on Wall Street.

They are inexpensive and easy to start. New investors to the stock market should definitely consider a DRIP Plan.

Companies like Toyota, Royal Canadian Bank, Sony, Bank of America, General Electric and many other Blue Chip
Stocks can be purchased through your DRIP Plan, with as little as 1 share in most cases.

These long-term plans are great for beginners as well as veterans. Check them out.

Best of Luck

Yes there are companies that will do this for you but the fees charged almost wipe out your investment gains I suggest a newsletter written by William at bill67co@aol.com for the minimal cost when you compare his 90% success rate you can not go wrong. You can choose to take his advise or not. he uses two of the top advisor's in the field when he finds a stock that he feels will double in a day to a week. He tells you when to buy and when to sell. I am a retired banker and use his newsletter and without any fees charged by him other than the nominal fee for the newsletter, I have made a lot of money! If you are already wealthy then you do not need his advise but if you are not wealthy and want to be I suggest you check him out hey subscribe for a month and if you don't make money then cancel it is the cheapest safest way I know to make money!
Good luck
Bob

Hello,

I also had a similair problem as you have.
I had a good amount of money, and wanted it to grow.
So I looked around on the internet to find something that is:
1) giving me great returns towards a relatively small risk

2) Professional people who know what they where doing with my money.

I'm glad to say I finally found a moneymanager who is capable of giving me good returns and give me a great support.
On this blog you can follow up all the results that he is making:
http://my-robottrader.blogspot.com/

My money is working for me, in a little under three months I already have a ROI of 67%.
So you don't hear me complaining!
Annyway if you would like to get in touch with my moneymanager to have some more information feel free to contact me you can send an email to me at derrekmay at gmail.com.
Then I'll give you the email adress of my moneymanager

Hope this has helped you!