Quote:
Originally Posted by enorth
Thanks for all the info!
Man... I feel like I want someone to just tell me what to do.
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The first rule of investing is to understand what you are investing in. That is why you need to spend a little time learning about investing before jumping in. I recommend you take a free online "course" (really just an in-depth website) through the LA Times website called Investing 101.
Money Library - Los Angeles Times
They also have Mutual Funds 101.
disneysteve, thanks for correcting my statement. I should have been more specific and said "stock mutual funds". I do stand by the meat of my statement that in general stock mutual funds are good investments (no matter the timing) and preferable to single-stocks for most investors.