Re: Couple newb questions about opening an online brokerage account.
my (bad and noob) advice would be to read investing magazines and if there are any very good tips they give go invest in those stocks. also, if you have any friends who know a lot then ask them for any useful tips.
index funds seem way too boring. i read somewhere about the warren buffet guy saying about how 99% of americans would be better sticking it in an index fund than buying/selling individual stocks, but if you read up a bit and go for the stocks you think will overperform the market, then go for those as that will > index funds.
maybe stick say 50% of your funds into an index fund if youd feel more secure, but definitely have some of it for good tips you read/are given.
as i say, i am very new to this, but thats my impression.
i do realise that when it comes to this, its important to realise how little i know, hence follow others advice id say.
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