How to start off in the Investment world?
How to start off in the Investment world?
Mike Rubio
www.Dailywallstreet.com
Learning about today's economy trends and making this work for you is a vital skill to insure one’s economic security, prosperity and survival. Weather you goals is to retire in ten years, twenty years, or just secure some economical savvy, well we hope we can help you with that here. With the new millennium, the Information age, it seems the “Gen Xer's” are at the helm. So how does one new to the Internet investing platform work? It is our intentions to aid you with that here and now.
I)
What are my investment goals? Retire at 40? Supplemental income, higher returns on cash than bank’s interest?
II)
It is not our intentions to determine any ones priorities, we are just sharing our experiences. We at www.dailywallstreet.com perceive portfolio’s to three chief components.
a) Cash
b) Retirement accounts
c) Investment accounts
a) Cash- Accounts that contain Monies or the equivalent (Such as low-risk, short-term securities such as CD’s = Certificates of Deposits) this is the Chief component of the three. Some determine that this should exceed 4 months of annual salary.
Learning about today's economy trends and making this work for you is a vital skill to insure one’s economic security, prosperity and survival. Weather you goals is to retire in ten years, twenty years, or just secure some economical savvy, well we hope we can help you with that here. With the new millennium, the Information age, it seems the “Gen Xer's” are at the helm. So how does one new to the Internet investing platform work? It is our intentions to aid you with that here and now.
I)
What are my investment goals? Retire at 40? Supplemental income, higher returns on cash than bank’s interest?
II)
It is not our intentions to determine any ones priorities, we are just sharing our experiences. We at www.dailywallstreet.com perceive portfolio’s to three chief components.
a) Cash
b) Retirement accounts
c) Investment accounts
a) Cash- Accounts that contain Monies or the equivalent (Such as low-risk, short-term securities such as CD’s = Certificates of Deposits) this is the Chief component of the three. Some determine that this should exceed 4 months of annual salary.
b) Retirement- Secondary component (more conservative) generally consists of long term investments. As one comes closer to retirement Bonds may play a more prolific role.
c) Investment accounts- Final and more aggressive of the components. This generally is more focused on short term near term. The term “Who dare’s Wins” could come into play. We advice that the investment account be the tail end of the three components.
posted by WallStWizKid at 2:18 PM
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