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Frackal is going to start investing: So...where do I start?


Welcome to the EliteFitness.com Bodybuilding Site! Please join this discussion about Frackal is going to start investing: So...where do I start? within the Chat & Conversation category.

Excerpt: What are some good things to read before I start putting my money into things? Probably mutual funds at first, then more later...the stock market is exactly my kind of thing. I am extremely frugal with my money, and don't like working (at least not mediocre blue collar/college kid shit). Advice in general is welcomed too. M.O.D. and others....

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  1. #1
    Frackal
    Guest

    Frackal is going to start investing: So...where do I start?

    What are some good things to read before I start putting my money into things? Probably mutual funds at first, then more later...the stock market is exactly my kind of thing. I am extremely frugal with my money, and don't like working (at least not mediocre blue collar/college kid shit).

    Advice in general is welcomed too. M.O.D. and others....

  2. #2
    Mad Scientist Austin316's Avatar
    Join Date
    Sep 2000
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    Minnesota
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    The "Help Austin316 get more gear foundation" sounds good to me!! Seriously though, Id like to hear what people have to say also, Im clueless on this stuff

  3. #3
    KAYNE
    Guest
    START CHECKING OUT THE WALL STREET JOURNAL YOU FUCKING IDIOT!!! JK FOOL!!!

    IF YOU WANT I CAN GIVE YOU SOME RATIO'S AND WHAT THEY ARE SUPPOSED TO BE AND WHAT THEY MEAN.......I.E......HOW FAST A FIRM TURNS OVER INVENTORY INTO CASH EACH YEAR. P/E RATIO'S, SHIT LIKE THAT. THATS SOME GOOD INFO IF YOU ARE GOING TO START PLAYING THE STOCK MKT.

    YOUR HERO
    KAYNE

    PS......X-FILES SUK!!

  4. #4
    THE STEEL BEAST
    Guest
    DELTA!

  5. #5
    Warik
    Guest
    Mutual funds and Variable Life Insurance. Worry about the long term i.e. plan for retirement. Short term = lots of risk & you get fucked with taxes.

    Also I'd definately recommend that you get yourself a financial consultant.

    -Warik

  6. #6
    KAYNE
    Guest
    WARIK......IT WOULDNT BE TOO GOOD TO GET LONG TERM RIGHT NOW SINCE INTEREST RATES ARE SO LOW. IF HE GETS A LONG TERM, THEN HE IS LOCKED IN LOW INTEREST. BUY S.T. RIGHT NOW SO YOU CAN GET RID OF IT WHEN INTEREST GOES UP, WHICH THEY WILL.

    KAYNE

  7. #7
    Frackal
    Guest
    Well I'm looking more for good books to read so I can get an overall view of the whole process....I know steel suggested a couple which I may purchase.

  8. #8
    Frackal
    Guest
    PS- Supergirl wants me.

  9. #9
    Olympian HamsterHider's Avatar
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    Mar 2001
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    FRACKAL HOW MUCH DO YOU HAVE TO INVEST? THIS MAY HELP[ WITH THE QUESTION ANSWERS. ALSO WHAT HAVE YOU GANKED FROM GNC SO FAR? ONCE I WORKED THERE AND A GUY SKED FOR DBOL.

  10. #10
    Warik
    Guest
    Originally posted by KAYNE
    WARIK......IT WOULDNT BE TOO GOOD TO GET LONG TERM RIGHT NOW SINCE INTEREST RATES ARE SO LOW. IF HE GETS A LONG TERM, THEN HE IS LOCKED IN LOW INTEREST.
    What do you mean by "locked in low interest?" I just bought another 40 shares of one of my mutual funds and I'm in it for the long term. When the fund goes up $5 or $10 or $20, my shares are going to be worth that price no matter how bad the economy was when I bought them.

    -Warik

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