From: Spencer
Newsgroups: misc.invest.financial-plan
Subject: Re: What to Invest in?
Date: Tue, 18 Sep 2007 11:48:43 -0500
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On Sep 15, 4:49 pm, Mark Bole wrote:
> Spencer wrote:
> > I am joining this group with the hopes of learning or getting advice
> > in what I should invest in. I have 10,000 to invest and I'm not sure
> > if I should invest in real estate, stock market, a 401K, or if there
> > is anything better out there. If I could get some responses from some
> > people to guide me in the right way, I would greatly appreciate it.
> > Thank you.
>
> That's kind of like saying, "I have to eat something, should I eat
> oatmeal, beef, vegetables, soup, ice cream, or is there anything better?"
>
> To get any useful advice, you need to provide some background info, such
> as approximate age, how much and what kind of debt and assets you
> already have, what your income prospects are both now and in the future,
> and what some of your goals are. Also, it would help for you to
> determine how much of a gambler you are, so that when you read terms
> like "risky" or "conservative", you'll have some idea if it's right for you.
>
> Try searching the archives of this group, or lurk here for a while if
> you want to get a better feel for the kind of help you can get here.
>
> -Mark Bole
Thank you for the information and for your help and advice. I am 23
years old making 40 thou. a year. I have no debt and I am currently
going to a University. I have no house but a car that my company is
paying for. Currently they do not have a 401k, but I was asking for
future reference. They do have an investment program with real
estate. I am getting more information about it but my question is,
how stable is it to invest in real estate? I don't know if any one of
you has invested in real estate, but i'm not sure if it is good or
bad. I will read the books that were suggested and try to learn more
to be more educated on the matter.
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