Investment and Finance Strategies for Beginners?

Question:

I am 19, and a junior in engineering. Should I have the patience to stay with it, I should have a decent starting salary of about $50K a year. I want to learn now about diverse investment strategies, and not just stocks, but mutual funds, real estate, 401k, IRA, tax strategies, asset protection and all that gibberish I don't know about other than they protect and make money work for me.

I'd also like to start looking around now, but keep in mind I do have a meager "free" money supply, as I am in college.

I'm basically looking for an A-Z guide to investment, money and financing for blithering idiots, preferably in hard print. Any websites or Amazon links to books. I'm looking for something as diverse and comprehensive as possible, but with a how-to type instructions, and that easy on the monetary jargon.

I would prefer it if anyone had some first-hand experiences with their suggestions also, although I don't know if successful investors frequent here. Perhaps I'm being to wishful

Answer:
Investing in "individual" stocks takes a lot of knowledge and practice; so I would not suggest doing this until you understand completely how the stock markets work.

Instead visit Vanguard.com and learn about mutual funds, index funds, and exchange-traded-funds (ETFs). Trading funds is less risky than trying to trade "individual" stocks.

Unless you plan on spending everyday of your life looking at stock charts trying to determine the best time to get in and out of "individual" stocks, I would look into some sort of fund.

Also be very careful about asking for stock tips online. Most are probably worthless or contain unethical motives. Do not fall for any Pump-and-Dump scams.

As far as books go, I actually started out with the Investing for Dummies books, and they definitely pushed me in the right direction. To many other books have their own agendas in my opinion.

The websites below all contain plenty of FREE information to get you started in the right direction.

KEEP YOUR MONEY IN YOUR BANK A/C.. DONOT INVEST IN MUTUAL FUNDS OR COMMODITIES OR SHARE MARKETS

THIS IS THE BEST GUIDE. TO YOU AS A BEGINER AND EVEN IF YOU ARE INTRESTED TO THEN YOU ARE WELCOME TO THE FOOL'S WORLD

I have found a 100% financing stratey that really works - hopefully it helps you in your quest for good information. The best part is that it's free! Check it out here:
http://www.financingfactory.net/freerepo...

Investment and Finance Strategies for Beginners?

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