Comments on: Beginner Investing Strategies http://cashmoneylife.com/beginner-investing-strategies/ Money Management, Small Business, Career Thu, 09 Feb 2012 19:08:34 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Ryan http://cashmoneylife.com/beginner-investing-strategies/#comment-24823 Ryan Wed, 28 Jul 2010 12:58:13 +0000 http://cashmoneylife.com/?p=2176#comment-24823 Dennis, DCA is a rough concept that can work fine by itself, or if you take the concept and run with it, like you have done. The most important factor, in my opinion, is to make sure your actions reflect your investment goals and risk tolerance. It sounds like you have modified the concept for your situation in a way that works for you, which is wonderful. Just be sure to periodically review your trades for performance and compare the results to other possibilities. Investing is a situation where there is no one-size-fits-all solution. :) Dennis, DCA is a rough concept that can work fine by itself, or if you take the concept and run with it, like you have done. The most important factor, in my opinion, is to make sure your actions reflect your investment goals and risk tolerance. It sounds like you have modified the concept for your situation in a way that works for you, which is wonderful. Just be sure to periodically review your trades for performance and compare the results to other possibilities. Investing is a situation where there is no one-size-fits-all solution. :)

]]> By: dennis http://cashmoneylife.com/beginner-investing-strategies/#comment-24814 dennis Wed, 28 Jul 2010 01:12:33 +0000 http://cashmoneylife.com/?p=2176#comment-24814 Ryan, have you been recommending any type of dollar cost averaging strategies for people trying to put away a specific amt of money on a monthly or quarterly basis?? i use a process that is a form of DCA that not only buys , but sells at specific junctures nailing down profits in overbought markets and buying into oversold ones.....its just hard to stay disciplined....any thoughts?? Ryan,
have you been recommending any type of dollar cost averaging strategies for people trying to put away a specific amt of money on a monthly or quarterly basis?? i use a process that is a form of DCA that not only buys , but sells at specific junctures nailing down profits in overbought markets and buying into oversold ones…..its just hard to stay disciplined….any thoughts??

]]> By: Hammachi Yakimono http://cashmoneylife.com/beginner-investing-strategies/#comment-22329 Hammachi Yakimono Mon, 15 Mar 2010 17:59:37 +0000 http://cashmoneylife.com/?p=2176#comment-22329 I started buying stocks more than 30 years ago. It was hard to get much information back then so I used lists from the almanac. My plan was to buy one stock and evaluate it, then buy another similar stock. I still have the first stock and recently sold the second. Today there is much more information available, maybe too much. Investing in stocks is much like learning to ride a bicycle or use a computer. That is to learn by doing it. Wells Fargo is one of many stock transfer agents. Their shareholder services has a list of companies offering direct purchase plans. Some like Kraft Foods or General Mills are well known. Wells Fargo might be a good place to start. Information on these plans is available right there. A potential investor could ask a Wells Fargo representative what they recommend. I started buying stocks more than 30 years ago. It was hard to get much information back then so I used lists from the almanac. My plan was to buy one stock and evaluate it, then buy another similar stock. I still have the first stock and recently sold the second.
Today there is much more information available, maybe too much. Investing in stocks is much like learning to ride a bicycle or use a computer. That is to learn by doing it. Wells Fargo is one of many stock transfer agents. Their shareholder services has a list of companies offering direct purchase plans. Some like Kraft Foods or General Mills are well known. Wells Fargo might be a good place to start. Information on these plans is available right there. A potential investor could ask a Wells Fargo representative what they recommend.

]]> By: Ryan http://cashmoneylife.com/beginner-investing-strategies/#comment-22310 Ryan Mon, 15 Mar 2010 03:03:01 +0000 http://cashmoneylife.com/?p=2176#comment-22310 Great points, Hammachi. Not everyone is disciplined or educated enough in the stock markets to purchase individual stocks. But if you are willing to do the research and track you investments properly for tax reasons, direct purchases can save you money in the long run. Great points, Hammachi. Not everyone is disciplined or educated enough in the stock markets to purchase individual stocks. But if you are willing to do the research and track you investments properly for tax reasons, direct purchases can save you money in the long run.

]]> By: Hammachi Yakimono http://cashmoneylife.com/beginner-investing-strategies/#comment-22302 Hammachi Yakimono Sun, 14 Mar 2010 17:33:20 +0000 http://cashmoneylife.com/?p=2176#comment-22302 Mutual funds charge fees for investing. Minimums are $2500 or more and stock funds don't beat the market average. By using direct purchase an investor can buy an individual stock for $300 or less, add money and reinvest dividends often with no fees. His chances of beating the market average are much better also. I own several stocks all in large cap US Corporations. Most have been in business more than 100 years and all are good dividend stocks. I also have some money in no load mutual funds. I am switching some of the stock mutual funds to bonds. I think this will work much better. Mutual funds charge fees for investing. Minimums are $2500 or more and stock funds don’t beat the market average. By using direct purchase an investor can buy an individual stock for $300 or less, add money and reinvest dividends often with no fees. His chances of beating the market average are much better also.
I own several stocks all in large cap US Corporations. Most have been in business more than 100 years and all are good dividend stocks. I also have some money in no load mutual funds. I am switching some of the stock mutual funds to bonds. I think this will work much better.

]]> By: Bill http://cashmoneylife.com/beginner-investing-strategies/#comment-22104 Bill Wed, 03 Mar 2010 14:27:48 +0000 http://cashmoneylife.com/?p=2176#comment-22104 hi there to all i have read every1's comment & will be doing sum kind of investment weathere it's in the share market or sumthings i have noted down, yes i am a beginner & i think i will do good at this path from knowin of my knowledge i kind of like have a strong mentality for bussiness in the hospitality industry iv'e always wanted to do investment & time is around the corner ex. i can come up with great ideas to boom sales, as far as i know money makes money, but i have a question for all if it's ok, have any of use reached the expectations that you invested in or reached your goal so far,thanks for the advice i will never invest in anything without a financial advicer. cheers hi there to all i have read every1′s comment & will be doing sum kind of
investment weathere it’s in the share market or sumthings i have noted
down, yes i am a beginner & i think i will do good at this path from knowin of
my knowledge i kind of like have a strong mentality for bussiness in the
hospitality industry iv’e always wanted to do investment & time is around the corner ex. i can come up with great ideas to boom sales, as far as i know money makes money, but i have a question for all if it’s ok, have any of use reached the expectations that you invested in or reached your goal so far,thanks for the advice i will never invest in anything without a financial advicer. cheers

]]> By: Kristine http://cashmoneylife.com/beginner-investing-strategies/#comment-22094 Kristine Tue, 02 Mar 2010 20:17:27 +0000 http://cashmoneylife.com/?p=2176#comment-22094 I think that if someone is a beginner investor, then he/she needs to educate him/herself first. Learning about investing puts the responsibility on the investor, and not the market or the fund manager. It is too easy to blame someone or something when things go wrong, and then too easy to repeat the mistake later. I agree with Ryan in that there is not a one size fits all option. Do your due diligence. There aren't risky investments, only risky investors. I think that if someone is a beginner investor, then he/she needs to educate him/herself first. Learning about investing puts the responsibility on the investor, and not the market or the fund manager. It is too easy to blame someone or something when things go wrong, and then too easy to repeat the mistake later.

I agree with Ryan in that there is not a one size fits all option. Do your due diligence. There aren’t risky investments, only risky investors.

]]> By: Monevator http://cashmoneylife.com/beginner-investing-strategies/#comment-22031 Monevator Mon, 01 Mar 2010 00:54:18 +0000 http://cashmoneylife.com/?p=2176#comment-22031 "If the decision boils down to “don’t invest at all” or “give me something quick and easy to invest in until I can learn more” then I think target date funds win hands down." Agreed! :) “If the decision boils down to “don’t invest at all” or “give me something quick and easy to invest in until I can learn more” then I think target date funds win hands down.”

Agreed! :)

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