Anyone have any good stocks they're investing in for 2013? I plan to invest this year, but haven't trusted stocks before. I'm more financially stable now, so feel like investing. Any suggestions? Also, how much is taken out from taxes, 30%?
Anyone have any good stocks they're investing in for 2013? I plan to invest this year, but haven't trusted stocks before. I'm more financially stable now, so feel like investing. Any suggestions? Also, how much is taken out from taxes, 30%?
So... Any stocks in particular?
Anyone have any good stocks they're investing in for 2013? I plan to invest this year, but haven't trusted stocks before. I'm more financially stable now, so feel like investing. Any suggestions? Also, how much is taken out from taxes, 30%?
I always recommend the ones that don't go down in value.
You do sound like you're ready, and you've come to the right place for reliable advice and answers to your financial questions, that's for sure.
What is your investing goal?
Getting rich quick? Picking the best stocks and mutual funds that are going to beat the market?
Now who's pulling whose leg here?
Slow and steady, stock that doesn't go down in value (a lot). The opposite of Facebook.
Then go to Vanguard.com, purchase a total stock market index fund and start an IRA, invest 5500 every year in it.
If you have more to invest, do the same, but in a non-tax deferred account.
Set up auto investing if you can, and then never look at it again.
Would it slowly build up or something?
Then go to Vanguard.com, purchase a total stock market index fund and start an IRA, invest 5500 every year in it.
If you have more to invest, do the same, but in a non-tax deferred account.
Set up auto investing if you can, and then never look at it again.
If you're interested in investing and want actual returns over the long term then just buy total stock market index funds and be done with it.
Might as well start a Roth IRA while he can. Pay tax up front on the deposits; all gains are tax free.
Edit: Of course, I am in no way giving tax advice.
I looked into the total stock market index fund; it seemed to fluctuate a lot. As if I'd never get any $ out of it.