Getting Started Investing is Often the Hardest Part

There are several reasons people give for not investing their money in things like stocks, bonds, and mutual funds. One reason is that they feel that they don't have enough money to make a serious investment, but a more common reason that many people have absolutely no idea how to go about getting started investing. In fact, if more people understood the basics of investing and had a cohesive plan for getting started investing, more people would do it.

Let's assume that the first reason does not apply to you and you do, in fact, have some amount of money that you'd like to invest. How do you get started investing? You could contact a stock or investment broker and discuss the options that would be best for you. Whether you'll want to do this will depend quite a bit on the amount of money that you have to invest. If it's a small amount, you may be better off seeking some smaller, safer investment than you would be by jumping directly into the stock market. Some people get started investing by choosing simple accounts with their bank. CD's and IRAs make good investments, for example, for medium and long term goals. IRA accounts are intended for retirement, while CDs are time deposits that must remain in place for a set amount of time (often anywhere from as little as a week to as long as ten years) while they earn interest.

If you do go to the stock market, or "graduate to it" after getting started investing in safer accounts, you should resist the urge to buy and sell stocks wildly. One mistake that many first time investors make is they become nervous about the stability of their investment and they watch their stock rise and fall every day. If it drops too much they become afraid that the bottom will fall out and they sell at a lower price than they originally paid. This is a bad idea and works against the reasons they got started investing in the first place. Instead the new investor should "let it ride' and sell only if there is a sudden spike in the price that won't likely repeat. Otherwise, stocks should be a long term investment, especially when someone first gets started investing.

Investment Tips by Mika Hamilton - Read more free investment tips, tutorials & reviews at http://www.Global-Investment-Institute.com

Latest News


Xinhua

Microsoft's Ballmer to CES: keep investing in tech despite ...
Scientific American - 9 hours ago
Las Vegas , NEV. -- In his first ever CES keynote, Microsoft CEO Steve Ballmer yesterday acknowledged the tough economic times, but urged companies not to ...
Microsoft: the year ahead ComputerWeekly.com
Microsoft releases Windows Server 2008 R2 beta VNUNet.com
Ballmer Offers Tempered Optimism in CES Keynote TechNewsWorld
AFP - G4 TV
all 1,088 news articles

Wealth Bulletin

How to avoid a Madoff fund
San Francisco Chronicle,  USA - 54 minutes ago
Feeder-funds (hedge funds or funds that do all their investing through another fund) and funds-of- funds sold investment services to individuals, ...
Fund-of-Hedge Funds Lacked Technology to Avoid Madoff Losses Advanced Trading
D Bank declined offers to invest with Madoff Financial Times
all 11 news articles

Express from The Washington Post

The Best Investment Values in a Decade
Motley Fool - 8 hours ago
These days, we're presented with what Ron Muhlenkamp a few months ago called "the best investment values we've seen in a decade." Obviously, the market has ...
You Are About to Make a Bad Investment Motley Fool
The Flight to Safety Could Burn You Motley Fool
Wednesday's Biggest Stock Stars Motley Fool
Motley Fool - Motley Fool
all 146 news articles

Dividend.com

Billionaire investor places next supermarket bet
MarketWatch - 4 hours ago
Yucaipa's investment funds have been aggressive buyers of Whole Foods shares since Nov. 24, spending a net $98 million to amass the stake. ...
Activist shareholder buys 7 percent stake in Whole Foods Austin American-Statesman
Billionaire investor Burkle bets on Whole Foods MarketWatch
all 21 news articles

Thomas, McNerney & Partners Promotes Three Members of Its ...
PR Newswire (press release), NY - 7 hours ago
Thomas, McNerney & Partners is a health care venture capital firm with approximately $600 million under management, focused on investing in life science and ...

US investment in IT would create jobs, group says
ITworld.com, MA - Jan 7, 2009
by Grant Gross A US$30 billion investment by the US government in broadband, health IT and smart energy grids would create or retain nearly a million jobs, ...
New ITIF Report Documents How $30 Billion IT Stimulus Package ... eGov monitor
$30B IT Stimulus Will Create Almost 1 Million Jobs Slashdot
all 32 news articles

Appleseed Fund Ranked by Lipper as Top Performing Midcap Value ...
CNNMoney.com - 11 hours ago
"Since the Appleseed Fund's inception, we've shown it's possible to outperform the market by investing in companies with strong sustainability records and ...

New T. Rowe Price mutual fund eyes global investment
Bizjournals.com, NC - Jan 7, 2009
T. Rowe Price Group Inc. is launching a new mutual fund seeking reward amid the risks of global fixed-income investing. The Strategic Income Fund will ...

Globe and Mail

Learning from Madoff's Ponzi scheme
WKOW-TV.com, WI - 7 hours ago
Another important lesson from the Madoff Ponzi scandal is that investing money successfully also requires some homework on your part. "If you're investing ...
Video: Congress Sounds Off Against SEC in Madoff Affair AssociatedPress
Congress Demands SEC Speed Madoff Inquiry to Improve Oversight Bloomberg
Re-defining Risk: 5 Investment Rules for 2009 Midas Letter
BusinessWeek - Chicago Tribune
all 2,720 news articles

Uma Thurman No Help to Arpad Busson in Madoff Fraud’s Nightmare
Bloomberg - 20 hours ago
In mid-December, EIM disclosed it was one of at least a dozen funds of funds caught up in the massive alleged fraud perpetrated by New York investment ...

Resources