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Should i invest by my own or hire a broker mostly im gonna invest in mutual funds?


Should i invest by my own or hire a broker mostly im gonna invest in mutual funds?

So far you have gotten excellent answers. But allow me to add my 2 cents worth. Brokers will hardly give you the time of day unless you are investing millions with them. You will get cookie cutter answers designed to maximize their profits.

There is so much great material available on the web concerning mutual funds that given just a little level headed research, you should be able to pick the right ones for yourself.

You can open an on line brokerage account with E-trade, TD Ameritrade, or Fidelity or another firm and they will provide research material also and will sell you many but not all mutual funds.

There is one thing to keep in mind. 70% of mutual funds underperform the market, so you must be very selective and be prepared to switch your money from one fund to another if the fund you pick does not perform over a reasonable period of time--2 years max.

It will be to your advantage also to learn to due the necessary research. Start buy reading a couple of books on investing. It will pay you bid dividends in the future.

i ment to say on investing Report It

Read, educate yourself, invest your money yourself, keep you eye on your investment, and reinvest your earnings.

If you are planning to invest on your own, there is quite a bit of research involved. I spend about 2-3 hours a day reading news, articles, and investment strategies. I've started a blog on my 360 describing a little bit of what I do, check it out if you get a chance.

Investing on your own is unbelievably rewarding. Even though I'm still trying to figure things out, I feel like I've learned so much about how our economy works.

If you are planning to invest in mutual funds, the only research you will have to do is on the mutual funds themselves and their managers. The mutual fund takes care of what they will invest in and you dont really have to worry about much except who will invest your money and how much money you will give to them. Good luck in whatever you do!

I think you should invest your own, but you need to learn the right way to do it.

Yes you could learn invest by yourself. it is your money, you should know how to do with it. for starter check this site out.

http://www.pathtoinvesting.org/index_fla...
http://www.stockcharts.com
>...http://www.streettalklive.com>... university. a lot amount of information. It will serve you well
I accumulate in good amount in 401k at the young age.I could share with you. when consider invest in stock market. you should consider basic 3 things:

fundamental analysis==(economic data,finincial health, management, business model, competetion)>>what to buy

technical analysis==(chart+indicator)>> when to buy

Sentiment/schycho analysis==>>mood of investor, Contrarian point of view.
Market cycle===>> check out book Trader Almanac by jeff hirsch will give you inside stuff
When you combine 3 thing, It is one of the powerful knowledge goinh with you for the rest of your live

At the age of 32. my 401k is amassed 71,000.00 and 30000.00 in taxble account. by follow simple rule

If you are not a professional in finance, economy or a related field you should not invest on your own.

It is your money. Unless you truly trust someone else to invest it then you should do it. But only if your educated and interested in the subject. If you have no idea than invest in something you do understand.

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