Re: It\'s time for poker players to start putting their money to work.
This is a very good topic. I think one of the general problems is the young age of most poker players. Mentioned earlier, most players are younger than 25 years old. I bet this age demographic in general, not just poker players, has little investing knowledge. Most young people know what investing is but don't know how or where to invest money.
Also, I think it is key to stress that investing can be simple. People don't have to research individual stocks or make frequent trades. A young poker player could simply buy and hold a total US stock market index, total international stock market index, and total bond market index and have a completely diversified, low cost portfolio. Investing in a target retirement fund is also a simple solution for a young investor starting a Roth or Regular IRA. Investing does not have to be complicated to be successful.
Scorpion Man, I am 18 and have been investing since I was 13 and am very interested in learning more about buying individual stocks. I am also very interested in the hedge fund and trading industries and wonder how to best position myself for a job in those industries. Could I pm you with more info and questions?
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