View Full Version : where should I invest in the stock market??
Curious
Tuesday, January 22nd, 2008, 09:36 PM
I don't know much about the stock market. I want to invest money into the market. I have a financail adviser whoever.. The london market collapsed on monday( Black monday.. seems a bit symbolic r something) I was thinking this would be a good time to invest..
Any answers to this??
Tony F
Tuesday, January 22nd, 2008, 10:16 PM
Don't put all your eggs in one basket for one thing. Stocks & Shares ISA's(Mini or Maxi) are a good way of getting a wide exposure whilst leaving the work to a fund manager who has expertise in such things.
If you are looking for big increases then maybe look at emerging market funds like China/India though these can be very very risky. If you are going for long term growth with little risk you won't go too far wrong with UK stocks, not spectacular but they tend to be less volatile than the other markets of late.
Go with a respected fund managers like Fidelity(Whom I'm with)/Gartmore & the like.
And lastly, don't just jump into buying just do a bit of homework first and look at past perfromance of the actual fund manager not just the company.
If you decide to invest in individual shares that is a whole different ball game & requires a hell of a lot of research, balls & be prepared for heart attacks when the market drops (Like today!!!)
Good luck
leervn
Tuesday, January 22nd, 2008, 10:16 PM
Canadian Diamonds are sooooooooo hot right now!! Especially the colored ones. People buying them up like crazy.
That's my suggestion to you.
The warden
Wednesday, January 23rd, 2008, 12:21 AM
I would wait a little longer to invest if you are not already in. You could use this time to research mutual funds that have stood the test of time. No matter what company you go thru, be it Fidelity or any others, research that fund's performance. You should look into balancing a portfolio, a mix between stocks, bonds, and others. Don't put everything into any one certain thing. Diversity is the key to surviving over time.
No one ever got rich overnite in the markets, and if they claim to, they are either very lucky, or just plain lying.
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