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Investing/Strategies / Retirement Investing
|Subject: Re: I have a Roth..now what?||Date: 4/10/1999 11:01 PM|
|Author: messerb||Number: 9848 of 81567|
Now that I've sent my $2000 to a discount broker with Web capabilities for the 1998 tax year...would it be better to align it with a S&P 500 Index fund or hand pick 5-6 stocks?
Is there some reading you would recommend to educate me in this area?
I agree with the other posts and recommend that you invest your first $2000 into either a S&P 500 Index Fund or in AMEX: SPYders.
I would also recommend that you do quite a bit of reading and studying before you invest in your first individual stocks. A good place to start is at this site.
Try the 13 Steps to Investing Foolishly:
Also, read the Frequent Asked Questions list on the Dow Investing/Foolish Four message board:
Then read the last 6 - 8 weeks of posts at the board.
Best of luck to you!
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