Elements the most important thing is diversification. Don't put all your eggs in one basket. A good rule of thumb is pay off all c/c debt and have 6 months pay put in something that is liquid and 100% insured. For investments I would max out my 401k if you have one available and open up an IRA. As far as stocks now is a good time to buy solid bluechip companies.
A bit of advice from me is take everything you see on t.v. with a grain of salt, after watching business shows for a bit and getting totally diffrent opinions from the same anaylists day after day you will see what I mean. Your best bet is to do your own research on your computer and find out which companies are profitable now and will remain so down the road.

 

You might also want to read "Rich Dad, Poor Dad."

 

"The millionare next door" is good too. Barron's "guide to making investment decisions" is also informative.

 

I've read the first 3 books in the Rich Dad series, and about to start on the 4th. I have been reading the stockcharts.com website, and it is a little confusing, but I am getting alot of information out of it. The problem I am having is the best way I learn is by someone actually showing me and relating it to real life examples. I guess one thing i need to do is find someone local to help me a little more. I appriciate all the help and am looking forward to learning more.



Kevin

 

Those Kiyosaki books are a great place to start. Good for you. Now turn it up a notch! The guide to investing by Barron's sounds like a very good idea.

You might want also want to post your mentoring request on your SoCal S2K club board. Maybe somebody closer to SD is into trading and wouldn't mind helping you out in person.

Another great source of trading info can be found at www.trade-master.net.. They sell a kit that's a great value for what you get.