View Single Post
Old 06-16-2005, 12:46 PM   #2 (permalink)
NoSoup
Non-Rookie
 
NoSoup's Avatar
 
Location: Green Bay, WI
Well, if you are comfortable with Medium to High risk I would imagine that the stock market could be one of the better options for you.

I certainly wouldn't invest all you money in high-risk stocks, but I wouldn't avoid them completely.

Because you are starting at such a young age, you may want to consider the Warren Buffet method - buy and hold forever.

Do your research now and find a few exceptional companies - buy a significant (read: $3000+) amount of stock for each company as you can afford it and watch your money grow over the years.

If you decide to be a bit riskier, make sure you don't get greedy - and don't go for incredible long shots - invest intelligently, but decide if the risk is worth the reward...
__________________
I have an aura of reliability and good judgement.

Just in case you were wondering...
NoSoup is offline  
 

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76