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Old 08-20-2011, 02:52 PM  
raymor
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Join Date: Oct 2002
Posts: 3,745
Quote:
Originally Posted by MrMaxwell View Post

Buying when everyone else is running screaming is a great idea .. always is .. stocks or real estate or anything -- I just don't know what to buy and know that the markets are very complex
I think you are wise to not invest in something you don't understand.

In that case buy a simple index fund or a time tested mutual fund like a Vanguard fund. A very few people get lucky and sell a few million albums. Of people who will COMFORTABLY retire, 99.5% will have simple investments like mutual funds, so spend a couple of hours learning the basics if you intend to retire comfortably.
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