I've been involved in stocks for the past two years with the majority of my stocks in the S&P 500. My timeline is quite long (10 years+) and decided to invest in stocks as it would beat inflation and interest rates set by my bank and would ride out any market dips.NoMoreTO said:It sounds like you are new to the investment game.NoMoreTO said:
I'd suggest you buy the whole index. DOW or S&P 500.
Given the current investment climate, I wouldn't sink a large amount in all at once. If you have an investment amount in mind, I would suggest only to invest 1/4 now, then wait and see. Perhaps invest another 1/4 in the summer.
Read up on some investment basics or see a financial planner. If you don't understand the stock market, perhaps put your money somewhere else or keep it in the bank. There are a lot of smart guys who work in the financial biz who don't invest in it.
But now I'm interested in buying individual stocks and improving my general understanding.
I also am sitting on a decent wad of cash and have emergency savings so not too worried about the market dropping or fluctuations.