Where Should You Invest Your Money – Investment Advice for 20 Somethings!
Money Tip: So you have the money to invest but now you have reached a dilemma. With so many stocks and bonds to choose from, it can be hard to make a decision. However there is a way to begin. Warren Buffet stated you aren’t just buying stocks but you are buying ownership into a company. So if you keep that mindset, you are more likely to make better decisions when it comes to investing in stocks and bonds.
My advice to you is to ask yourself a question – where do you shop or what do you buy faithfully, all the time, no matter what? Now do your research…is that company financially sound, has it made it through recessions, is the company growing? What’s the company’s PE Ratio, has it had consistent earnings for the pass 5 years. Has there been a return on equity? If the answers to these questions are yes then buy some shares monthly through their direct investment plans! Its kind of like getting paid for shopping there. Start small if you have to but always, always, always do your research!
If you are looking to get started, a site I would recommend is Tradeking where you can make trades and purchase stocks for only $4.95! –
If you have any tips, please feel free to leave them in the comments. Lovely Sharice appreciates you!