04-20-2008, 03:24 PM
I value everyone here with their neverending expertise on many subjects, so I ask those who are knowledgeable in the area.
I am looking to start investing, I am still fairly young (26), well I feel old but that is another subject lol. Anyway I am finally starting to realize I need to make some investments, stocks, bonds, ira ect...
But I am unsure of what to do and where to start.
Last week I started with a CD, I know it's not much but it's a start. But I really want to start an IRA but unsure of how they work or really what they do. I know Roth seems better because even though you are taxed to begin with, all your earnings are not.
But after that I am lost.
So if anyone has tips or advice that would be great!
I am looking to start investing, I am still fairly young (26), well I feel old but that is another subject lol. Anyway I am finally starting to realize I need to make some investments, stocks, bonds, ira ect...
But I am unsure of what to do and where to start.
Last week I started with a CD, I know it's not much but it's a start. But I really want to start an IRA but unsure of how they work or really what they do. I know Roth seems better because even though you are taxed to begin with, all your earnings are not.
But after that I am lost.
So if anyone has tips or advice that would be great!
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Dantes Passed: (48) Astronomy, Supervision, Bus. Math, Intro to Bus, Human Resource Management, Ethics in America, Tech Writing, Intro to Computing, World Religions, Personal Finance, Intro to LE, Org Behavior, Environment & Humanity, Here's to your Health and Criminal Justice.
Traditional: (43)
FEMA: (13)
Military: (70+)