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Starting to invest

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Starting to invest

Post by brendan on Wed Oct 13, 2010 8:15 am

Many greetings.

Guys I have just come into some money. It's enough to be really interested in investing but, as I have never had money really, I have absolutely no idea.

So I need some advice.

What should be my first step? What kind of a person should I talk to? What are the courses and books that will advice me well in these times of crisis and recession?

All input here will be more than welcome.

Thanks
brendan
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Re: Starting to invest

Post by Cruiser on Wed Oct 13, 2010 2:53 pm

Probably a financial planner. Before doing that, find someone you know who is good with money and get some advise or recommendations on who to see.
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Re: Starting to invest

Post by aydinmo on Sat Oct 30, 2010 8:29 pm

I recommend that you read "Rich Dad, Poor Dad" by Robert Kiyosaki...it's a great book to start with and an absolute classic.

Then go onto books by Warren Buffet
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Re: Starting to invest

Post by vinny on Sun Nov 14, 2010 1:30 pm

Please use THANKS button, if you'd like to thank the poster!
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Re: Starting to invest

Post by richieporter on Mon Nov 29, 2010 7:26 pm

I agree with aydinmo. "Rich Dad, Poor Dad" is a fantastic read. I would also recommend Wall Street Journal: Complete Money and Investing Guidebook. It is a great foundation for all things investment related. It doesn't really get too heavy into strategy, but it explains all the different markets and their relationships. It will give you a good foundation of the lingo and how things work so that you can ask intelligent questions.
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