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Old 09-07-2007, 05:31 AM
PuertoKid PuertoKid is offline
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Join Date: Sep 2004
Location: losing $$$ at 200NL
Posts: 354
Default Re: help me decide what to do with my money

[ QUOTE ]

The Intelligent Investor
Rich Dad Poor Dad
A Random Walk Down Wall Street
Reminiscences of a Stock Operator
The Millionaire Next Door
Fooled By Randomness
The Black Swan
How to Make Money in Stocks

gl

[/ QUOTE ]

I would add The Little Book of Common Sense Investing by John C. Bogle and put it first on the reading list. If you are just starting in investing, S&P 500 Index fund is the way to go. If possible max out an IRA. I prefer a traditional IRA to a Roth IRA for most people unless they think their tax bracket during retirement will be higher than during their contribution years. But the income cap for traditional IRAs is lower, so you may have no choice other than a Roth IRA. As Strassa says, keeping fees at an absolute minimum is an absolute requirement for best long-term growth.
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