Investment tips?

Question

Name as many investment tips as you cans that will greatly benefit you in later life from the age of 15.

Apart from 'Saving your money up' unless you have ideas on what to do with it.

Answer 1

Open up a Roth IRA...at the age of 15 you have the benefit of a HUGE amount of time until retirement. Even if you cannot put much into it, it will benefit you in 2 ways...

1. The earlier you start saving for retirement, the less you have to save overall because your money has more time to grow. Even small amounts of money you save in a Roth IRA now will work much harder for you and grow larger than large amounts of money you invest later in life. This is a GREAT time to start a sizeable nest egg with a smaller amount of money.

2. It will get you in the habit of saving and "paying yourself first". Most people are lucky to learn this by their 40's...which is when many buckle down to save for retirement and have to save a huge portion of their income just to be able to retire at all.



Check out "choosetosave.org" online and punch some numbers into their "Ballpark Calculator"...it will show you how hard you money will work for you if you start now vs. starting later in life.



Good luck!

Answer 2

Spread your assets, i.e. divide your savings into a minimum of six parcels and invest each into a different product or share. Never put your whole wad into one investment ,no matter how tempting.



Buy quality.



Be independent. Not as easy as it sounds.Don`t follow the herd.



Never use "Everybody" when giving a reason for a course of action, as in "Everybody does it". This is the losers` mantra.



Learn to read the numbers . Buy the numbers ,or not, never the hype.



No investment is as safe as houses. Houses aren`t that safe or we wouldn`t be wasting so much money on insurance, every year. Where can you get insurance for an investment of the same value as a house, for the same premium? Nowhere!

Answer 3

the 1st element you have to recognize is that asking this question on the information superhighway isn't a thank you to locate the respond. human beings spend all their lives analyzing this be counted and earn Ph.D's in this. those are the human beings working interior the brokerage homes and banks. on the grounds which you're up against human beings like this, there is not any investment it rather is punctiliously secure, based on the regulations and regulatory companies in India. What you're conversing approximately is termed "asset allocation" in usa. India has a youthful inventory industry way of life than usa, and the policies and terminology could be different. In usa the asset training are variously defined yet in many circumstances contain shares, bonds, commodities, and so on. yet India has an extremely stable publishing industry, so which you're able to get books in this undertaking. detect a honest author in this undertaking in India. One American author on long-term investment is Andrew Tobias: his e book "the only investment handbook you will Ever choose." different authors are James ok. Glassman, and Peter Lynch. do no longer make investments any money based on information you get on the information superhighway. In usa, the main secure investments are Treasury Inflation secure Bonds and certificates of Deposit issued by skill of banks, yet those pay low interest. additionally ingredient in no be counted if the rupee is suffering inflation and by skill of ways plenty each 3 hundred and sixty 5 days, on the grounds that this decreases your return. once you have study some books, get decrease back to me.

Answer 4

Not really a tip but something useful to bear in mind when rating a company share:



Founders with large personal stakes.

Financial statements that are easy to read.

A solid asset base with little or no debt.

Price ratios that significantly undershoot growth rates of free cash flow.

Dominant positioning in a profitable niche.

Plenty of room to grow

Answer 5

When everyone is yelling about "the worst economy evah", and they cry we're in a depression, and they say that things will never come back and this recession will last for years.....BUY.