How does one get over the fear of investing in stocks... i am risk averse and prefer a CD instead.?
Asked By: ambar16 - 2/26/2006
Best Answer - Chosen by Asker
Start small. Set aside a portion of cash/savings you are willing to risk. It is highly unlikely you will much or all of its value, especially if you invest in a large corporation like Coca Cola or Anheuser Busch. Buy a book or books (or research on the Web) 'How to Invest in the Stock Market" so you become familiar w... More
Answered By: sensei501 - 2/26/2006
Additional Answers (6)
the stocks like poker is a gamble and unless you like the game, it may not be for you.
Answered By: yankee2867 - 2/26/2006
you should probably go with a a Mutual fund. Just make sure it is a no load fund
Answered By: sanyaandpedro - 2/26/2006
Read as much books as possible. It's really not that risky. People are anxious about investing in the market is becuase they lack knowledge and understanding. When u get the hold of it, it's highly possible you'll get double the rate as what you get in CDs. Investing in Options is one good way. Just don't be too... More
Answered By: Confused and desperate - 2/26/2006
by increasing your knowledge about investing in stock and by diversified your money with smaller % at stock,for experimenting and learning. simple right ?
Answered By: biosx - 2/26/2006
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Answered By: pgcpaul - 2/26/2006
do what lets you sleep well at night. also look at I-Bonds @ treasurydirect.com.. higher yield than CD's, don't have to pay taxes on interest until you cash them in. Can hold for 30 years.
Answered By: trade_info - 2/26/2006
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