Reddit Reddit reviews How to Invest $50-$5,000 10e: The Small Investor's Step-by-Step Plan for Low-Risk Investing in Today's Economy (How to Invest $50 to $5000)

We found 2 Reddit comments about How to Invest $50-$5,000 10e: The Small Investor's Step-by-Step Plan for Low-Risk Investing in Today's Economy (How to Invest $50 to $5000). Here are the top ones, ranked by their Reddit score.

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How to Invest $50-$5,000 10e: The Small Investor's Step-by-Step Plan for Low-Risk Investing in Today's Economy (How to Invest $50 to $5000)
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2 Reddit comments about How to Invest $50-$5,000 10e: The Small Investor's Step-by-Step Plan for Low-Risk Investing in Today's Economy (How to Invest $50 to $5000):

u/mitgib · 2 pointsr/investing

While there also think about picking up How to invest $50 to $5000
I bought an edition in 1982 to get me started and it planted the seed to keep me always learning

u/Johnbk14 · 2 pointsr/investing

"The Intelligent Investor" is a great read. I would also suggest reading
"How to Invest $50 to $5000"
Link http://www.amazon.com/dp/0061935166
This book has changed many of my perspectives and gives you lots of good information on the types of investments that exist. There is also information about savings and being prepared. It also lays out the risks with the different investment options.

My personal strategy is a combination of owning high quality dividend paying stocks and 1 or 2 risky ones as well. High quality stocks - Disney (DIS), Cummins (CMI), Pfizer (PFE), General Electric (GE), AT&T (T), and others. I am currently investing in Wendy's (WEN) as my risky stock. Find a strategy that works best for you. I would also suggest investing some money in what you are interested in. You are much more likely to pay attention to what is happening to the particular company you are investing in.

Three of the greatest / most important lessons I have learned:

  1. Do NOT panic sell - do your homework and find why the stock is doing what it is doing. This will save you a lot of time, money and headache in the long run.

  2. Never take a full position all at once - buy a little here and there.

  3. Do your homework. Your gains will be increased and your losses will be decreased if you pay attention to what is happening. Listen to conference calls. They are often on corporate websites for free or you can actually call and listen in.


    Best of luck to you!