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Subject:  Re: Starting Early Date:  8/1/2005  2:24 PM
Author:  gchin2 Number:  47113 of 94193

I'm also a bit new to this investing stuff, though I"m a couple of decades older than you. What I've found to be helpful is playing around with some of the calculators available on the Fool site to see what my regular savings and my retirement savings will look like over time. And, I've been reading the boards on the Fool, seeing what Vanguard funds and stocks people have recommended, then built a mock portfolio. You can also do this on the Fool. I just put in the funds/stocks I'm interested in, entered the price of that fund/stock for that day and pretended to purchase 100 shares of each.

I've been sitting now for about 5 months, just watching my mock portfolio and researching each fund/stock in it. I plan to start investing real money starting this month into the funds I feel good about. (I've personally decided that I'm going to stay away from individual stocks for now because none of the ones I picked seemed to have done particularly well, whereas the funds have.)

Anyway, I think you're going to do just fine in the long run because you seem to have a good head on your shoulders. If you keep investigating and learning what you can, you're sure to do better than your contemporaries. Just remember not to run up debts in frivolous things and not invest your money without investing some time researching first.

Good luck!

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