stocks!

Put it all in penny stocks.

First off, most day-traders end up losing money."For the typical retail investor, day trading isn't investing, it's gambling. If you want to gamble, go to Las Vegas; the food is better."

Now for mutual funds, look for funds with long track records and steady investments. I would suggest finding an independent investment broker to help guide you through the choices. If you don't understand something, don't invest in it!!! You are looking for long term investments - a place to park your money and leave it for the long term, through ups and downs. Highly advertised or new funds - I'd stay away from. They probably have high fee rates.

I don't have time to become an expert on mutual funds. So I have a broker that helped me pick out the funds. Frankly, it was so long ago since I swapped any funds around that I don't remember the names! I found my broker through Dave Ramsey's ELP program. Your mileage may vary...

This was an April Frontline story about the mutual fund industry that is a must see:

http://www.pbs.org/wgbh/pages/frontline/retirement-gamble/

This thread is titled "stocks," but OP is asking about mutual funds instead.

Very confusing.

mobilehaathi said:

Put it all in penny stocks.

Click to expand...

Lmao, millionaire over night or broke.

It's best if you diversify and get multiple mutual funds. I use Vanguard since their fees are low and they have plenty to chose from. When you buy a fund, it will give you the risk level of the fund (very aggressive -> very conservative). Pick your fund based on the risk, return, and dividends. I like to diversify the risk and pick funds with good dividend returns (I invest long).

I recommend having emergency money in your bank account to fall back on before investing.

If you are in for your personal gains, I suggest you getting loads of insiders information/acquaintances before you even start letting your hard-earn cash or daddy's-money-growing-trees flowing in the stocks market.

If you are in for a better economic outlook/futures for all of us, all hail to you as we are in desperate need of investors like you, you are our last hope. ┼

mobilehaathi said:

Put it all in penny stocks.

Click to expand...

This guy gets it

Just out of curiosity, are these (AAPL, TSLA, AMD, and BBRY) your only positions right now?

There are plenty of good websites out there that can provide you with analytical data and information regarding any number of funds, stocks, etfs, etc. To name a few: http://www.morningstar.com, http://www.thestreet.com, http://www.marketwatch.com, http://www.seekingalpha.com

Have you looked into ETFs as a way to help diversify your portfolio?