Scot

I only have $5k in this thing but sure wish I had invested a lot more.... doh!

FIREX - up 26% through October......

http://finance.yahoo.com/q?d=t&s=FIREX

Enthralled

Scot,Have you looked into currency trading.






peace
David

Scot

no..... i am pretty stupid.... is it something retards can pick up??? if so I may be interested....

aklucsarits

For long-term returns history has shown that you really can't beat an S&P500 index fund - no load, almost no taxes, and you don't have to worry about who the fund manager is. Just put your money in and leave it there for 30 years.

Andrew

S2020

it also may be a good time to put $ in S&P b/c it is low historically speaking.

clawhammer

So far I've been working with an Edward Jones adviser, and I've been buying a lot of Van Guard stuff. How would I buy some of this S&P? Would he be able to sell it to me?

aklucsarits

^^^ Vanguard basically invented the S&P500 fund. But other companies run them now too. Go with whichever has the lowest load/fees.

You can buy an S&P 500 index fund. Or you can also buy the SPDR that tracks the S&P 500 too:
http://www.amex.com/spy/aboutSP500.html
You can buy the SPDR and trade it just like any individual stock.


Andrew

Penforhire

I'm wrestling with the question of, why pick the S&P 500 versus, say, the Russell 2K or 3K? Seems to me the Russell indicies have a better chance of average returns than the S&P. Am I wrong?

I'm in the S&P 500 in my 401K but only because I have no Russell choices. I'm thinking of setting aside more post-tax income for retirement and I'll be able to make the choice then.

Enthralled

I don't know much about it myself but a friend of mine just started a couple months ago and seem to be doing well at it.I just invested 4k in it myself last week.I'll keep you posted.





peace

BBY2KS2K

That's what I do. My IRA is invested in the T. Rowe Price Equity Index 500 fund. Low operating expenses, steady growth, and low redemption rates. You won't get rich overnight but it's done me well the last few years.

http://www.troweprice.com/fundbook/snapsho...r=PREIX,00.html