Help the newbies

[mrp3652]

What do you suggest newbies(myself included) look into whom are just starting out with investing?

 

[lostinfitness]

real estate, cd's, medium risk investments

 

[flex229]

index funds.

 

[bran987]

What do you suggest newbies(myself included) look into whom are just starting out with investing?

1) pay off any high interest debt (i.e. credit cards)
2) save 3-6 months of the minimum living expenses you'd need for emergency
3) build a base investment in something like an S&P 500 index fund (minimum investment = $3,000) and then start learning more about the stock market or real estate by reading reading reading until you find out what investments best suit your personality.

I like Fool.com to learn about the stock market. They use methods proven over the year by Graham, Buffett, Lynch, etc.