How to Make Money Stock Investing Without Experience
You can make money stock investing without a lot of investment knowledge or finance experience.
You can have a professional money management team on your side by investing with an investment company, often referred to as simply a mutual fund company.
Investment costs can be low and your investment options aplenty, if you invest money with a major no-load funds company.
Here's how to start investing in stocks the easy way with stock funds.
First, open a mutual fund account with a major no-load fund company.
Fidelity and Vanguard are the two largest investment companies in America, and both offer stock funds with no sales charges (loads).
Both offer a broad spectrum of stock investment options (funds) to choose from as well.
Find them on the internet and/or call them toll- free for information and an application.
When the info arrives you're ready to start picking stock funds to invest money in.
If you want to keep your money management as simple as possible, your best investment option is to just go with one stock fund, at least to get started.
Make this a fund that tracks the stock market in general.
This will be described as a general diversified large-cap stock fund.
Ideally it will be an index fund that tracks a major stock index.
Example: an S&P 500 Index Fund.
If the market goes up, you make money.
If stocks in general fall in price, you lose money.
Consider this to be your "core" or primary stock fund if you decide to invest in additional funds.
If you want to diversify further, consider growth funds and value funds.
Other stock investment options include mid-cap and small-cap funds; and foreign or international stock funds.
For investors who want to hold two different stock (equity) funds, I suggest making an international fund your second pick.
For a third or fourth pick, aggressive investors will want to add a growth fund and/or a mid-cap or small-cap stock fund.
Those a bit more conservative should consider adding a value fund to their investment portfolio.
Suggestion: Start investing by putting 75% of your stock investment money in a general diversified core fund, with 25% in an international stock fund.
When these percentages get off track rebalance.
Example: You look at your latest mutual fund statement and see that your international fund represents 30% of your total investment value.
Move money to your core fund to get back to 75% - 25%.
You can have a professional money management team on your side by investing with an investment company, often referred to as simply a mutual fund company.
Investment costs can be low and your investment options aplenty, if you invest money with a major no-load funds company.
Here's how to start investing in stocks the easy way with stock funds.
First, open a mutual fund account with a major no-load fund company.
Fidelity and Vanguard are the two largest investment companies in America, and both offer stock funds with no sales charges (loads).
Both offer a broad spectrum of stock investment options (funds) to choose from as well.
Find them on the internet and/or call them toll- free for information and an application.
When the info arrives you're ready to start picking stock funds to invest money in.
If you want to keep your money management as simple as possible, your best investment option is to just go with one stock fund, at least to get started.
Make this a fund that tracks the stock market in general.
This will be described as a general diversified large-cap stock fund.
Ideally it will be an index fund that tracks a major stock index.
Example: an S&P 500 Index Fund.
If the market goes up, you make money.
If stocks in general fall in price, you lose money.
Consider this to be your "core" or primary stock fund if you decide to invest in additional funds.
If you want to diversify further, consider growth funds and value funds.
Other stock investment options include mid-cap and small-cap funds; and foreign or international stock funds.
For investors who want to hold two different stock (equity) funds, I suggest making an international fund your second pick.
For a third or fourth pick, aggressive investors will want to add a growth fund and/or a mid-cap or small-cap stock fund.
Those a bit more conservative should consider adding a value fund to their investment portfolio.
Suggestion: Start investing by putting 75% of your stock investment money in a general diversified core fund, with 25% in an international stock fund.
When these percentages get off track rebalance.
Example: You look at your latest mutual fund statement and see that your international fund represents 30% of your total investment value.
Move money to your core fund to get back to 75% - 25%.
