What do you know about stock funds? bonds, and value funds?
By Dominique25
@Dominique25 (9460)
United States
April 10, 2012 10:39am CST
I'm trying to think of ways to grow my money. I don't know anything about investing. But I've heard that it is wiser to this than trying to earn more or win money. What do you know about these types of investing? Any advice or helpful information would be greatly appreciated. Thanks so much.
3 responses
@butterscotsh (1012)
• Philippines
11 Apr 12
I don't know anything about it too. I want
to be financially literate but I don't know where to start.
I feel like my money must go somewhere more worthy
so that it multiplies and I'll have a secure future.
1 person likes this
@Dominique25 (9460)
• United States
25 May 12
I hope that you are able to find some place safe to put your money. It can be very difficult. I have learned more about high yield interest savings account and I think that would be the best for us. To save money and put it away regularly and let the interest grow over the years.
@magtibaygom (4856)
• Philippines
11 Apr 12
I only know about stocks, but not much with mutual funds or bonds. With stocks, we are given a chance to own a part of big companies. You become a part owner of the company you invest in. If the company makes a profit, then you will receive a share of the profit in return for your investment.
@Dominique25 (9460)
• United States
25 May 12
Thanks for your help. There are so many different risk involved with stocks. It's scary to think about losing money if it doesn't turn a profit. So many people though do well with their stocks. It just all depends.
@feijiangjun (245)
• China
10 Apr 12
I only have trading experience in Forex Market, but i know less about stock,funds and bonds. If you plan to learn something about the stock market, you can search the basic knowledge on Internet. I know there are some free tutorial and even virtual stock games online. Give a try , such as Wall street survivors ,which is provide members virtual stock training and there is competition every month.
@Dominique25 (9460)
• United States
25 May 12
Thanks for your help. That is pretty neat that they have those stock games online. I'm sure that has helped a lot of people to get a better feel for how it works. Gives a person a little hands on experience.
