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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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