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First time investor...tips needed

Started by SwazyHog, January 06, 2016, 08:12:49 pm

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SwazyHog

January 06, 2016, 08:12:49 pm Last Edit: January 06, 2016, 08:49:10 pm by SwazyHog
I've recently come into a little money and am looking into investing it in some way. Any suggestions for 1st time investment or suggestions of financial advisors in the Little Rock area?

Where do I start?
"I felt like I owed it to the state. They let me come in and transfer here to Arkansas, and I felt like it wouldn't be fair after one year to just up and leave."

"This is your Public Service Announcement  for 2010: Remember, No One's Buckass Snitshit Crazier Than Arkansas Fans."

PonderinHog

January 07, 2016, 09:52:19 am #1
Quote from: SwazyHog on January 06, 2016, 08:12:49 pm
I've recently come into a little money and am looking into investing it in some way. Any suggestions for 1st time investment or suggestions of financial advisors in the Little Rock area?

Where do I start?
No expert here, but I saw an interesting piece on Mad Money this week about O'Shares ETF (I think that's it, anyway.)  The concept seemed sound.  Managed by a guy named O'Leary.

P. S.  Stay out of China!   :o
 

HawgWild

January 07, 2016, 10:03:14 am #2
"as an individual investor, the biggest mistake you are likely to make is to invest in funds that have fees that are too high, have too much active management, and/or that give you exposure to segments of the market that are too specialized."

Excerpt from a class I took on retirement planning and pensions.

ricepig

January 07, 2016, 11:49:57 am #3
Quote from: PonderinHog on January 07, 2016, 09:52:19 am
No expert here, but I saw an interesting piece on Mad Money this week about O'Shares ETF (I think that's it, anyway.)  The concept seemed sound.  Managed by a guy named O'Leary.

P. S.  Stay out of China!   :o

Has Kevin ever been on and been wrong, or admitted to it? I think he usually has some good picks and use his "dividend" strategy, which a lot of investors do. You just have to ride out the bad to go with the good. My 101 yr old uncle says you buy stocks, I don't think he knows a lot about selling, haha.

PEtrader

January 07, 2016, 06:57:53 pm #4
Stay in cash right now
Oddball on NWA: "I'm drinking wine and eating cheese, and catching some rays, you know. "
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