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Author: KantieFool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 27244  
Subject: New to investing Date: 5/17/2007 3:20 PM
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Hi all,

I recently became interested in all things financial, particularly investing. I have a few questions for those of you who are more seasoned then me. They are pretty rudimentary, as I have barely any knowledge of financial stuff. But first, here is a little personal background so you have an idea where I am at.

I am 24. I have a steady job (+50k a year). I have opened a traditional IRA with ING and made my 06 / 07 contributions.

When I opened the IRA there were a number of funds I could allocate my contributions towards. Not knowing anything other then that I have a long time until I retire, I went with the ones labeled growth and aggressive growth. This got me thinking about what else is out there and how I can better understand the investment world and get involved in it. So here are my questions:

1. Is there a good place to read up on the basics? When I say basics, I don't mean I have no idea what a stock is; I mean the fundamentals that one should know before actually taking the plunge.

2. How is good research conducted? Say on a stock or a mutual fund? I would definitely follow some of the recommendations on the site, but what if i wanted to look into them on my own?

3. This question is about execution. Let's say I have a pile of money I would like to invest. I have picked out a few stocks, a few mutual funds, and a couple of other products that are out there. Is there a centralized website that I could purchase and manage all of these items from? Or am I doomed to remember a large number of passwords to various financial websites?

4. With regards to ING, anyone have any opinions or advice to offer when it comes to the mutual funds that have available?

I am resigned to the fact that I am a total newb, but I want to become more knowledgeable. I hope you all can help!

Thanks,
KF

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