Thread: Help me please
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Old 08-23-2007, 10:12 AM
IdealFugacity IdealFugacity is offline
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Join Date: Apr 2006
Posts: 363
Default Re: Help me please

VTI, Vanguard Total stock market index ETF. With $1500 you're not going to do much more that people will explain, once you get around 4, 5, 6 grand we'll talk about diversification.

disclaimer: this is the shortest, easiest answer to your question possible. you CAN diversify with this amount in ETFs, but few would find it worth it to spend the time figuring out your personal allocation strategy right now. Over the next few months as you add $$$ you will read various books you check out from the library ('investing for dummies', four pillars of investing, etc.) and Money magazine on the racks at said library, and then you'll be ready to get your hands dirty investing.

I'd put it at 10 hours of reading before you start to see the picture, 25 hours of total reading and you'll be a better - well, at least, more informed - investor than many people out there. I obviously don't mean wall street or other financial types.
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