Best of luck and may you succeed with your investments for 2006 
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Congrats on the grduation QualityMpegs.
Hopefully this may help you it won't make you 1k/month though.
MAKING MONEY: The most popular piece I've published in 40 years of writing these Letters was entitled, "Rich Man, Poor Man." I have had dozens of requests to run this piece again or for permission to reprint it for various business organizations.
Making money entails a lot more than predicting which way the stock or bond markets are heading or trying to figure which stock or fund will double over the next few years. For the great majority of investors, making money requires a plan, self-discipline and desire. I say, "for the great majority of people" because if you're a Steven Spielberg or a Bill Gates you don't have to know about the Dow or the markets or about yields or price/earnings ratios. You're a phenomenon in your own field, and you're going to make big money as a by-product of your talent and ability. But this kind of genius is rare.
For the average investor, you and me, we're not geniuses so we have to have a financial plan. In view of this, I offer below a few items that we must be aware of if we are serious about making money.
http://ww1.dowtheoryletters.com/dtlo..._poor_man.html
Last edited by RayBonga; 12-25-2005, 11:24 PM.Comment
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send them to meComment
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Look at my signature thats how I make my money for investing. You make 1% a day to what you deposit. I am a member for a year and a month and have been paid every month. If you dont feel right with this company and want more info just make a search on them and check there forums. If your going to sign up, sign up under me.Sign up for -
Facial AbuseComment
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Open an IRA. Deposit 7k and purchase a SP500 index fund. You will have about 1 mil when you retire from this alone. If you are going to buy a house after the masters etc. Skip the IRA part.Comment
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thats tonsOriginally posted by nico-tComment
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I have the perfect stock. I'm not going to post it publicly.
I suggest you buy yourself some breast implants and start a daytime talkshow tour.Comment
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How about you pay me the $100 you owe me for years LOL
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He seems to have plenty of money now anyways...Originally posted by JamesK
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look for mutual funds that have good 5+ year performance with the same manager.Originally posted by QualityMpegs
something like TAVFX or FAIRXComment
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i wouldn't go with 4 and change. plenty of solid funds out there that average 10%+ and aren't risky especially with a longer time horizonOriginally posted by tony404Comment
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What amount of risk are you willing to take? And are you looking for a short-term return or something more long-term.Comment
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and 90% of americans don't even have that much saved.Originally posted by AlienQComment
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