I know nothing about personal finance. My parents never taught me and I need a complete introuduction to budgeting, saving, and investing. Step by step guidande kind of stuff. Does any have advice?
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Yes! Order the set of books by Suze Orman. She is great and will take you through the steps from A-Z. I also bought my daughter the book on personal finance for “dummies” – she needed it BAdddd. It talks about ways to save, setting up a budget etc.
Yes you could learn invest by yourself. it is your money, you should know how to do with it. for starter check this site out.http://www.pathtoinvesting.org/index_fla... http://www.stockcharts.comhttp://www.streettalklive.com section university. a lot amount of information. It will serve you well
I accumulate in good amount in 401k at the young age.I could share with you. when consider invest in stock market. you should consider basic 3 things:
fundamental analysis==(economic data,finincial health, management, business model, competetion)>>what to buy
technical analysis==(chart+indicator)>> when to buy
Sentiment/schycho analysis==>>mood of investor, Contrarian point of view.
Market cycle===>> check out book Trader Almanac by jeff hirsch will give you inside stuff
When you combine 3 thing, It is one of the powerful knowledge goinh with you for the rest of your live
At the age of 32. my 401k is amassed 74,000.00 and 30000.00 in taxble account. by follow simple rule
check out daveramsey.com he is great with finances and funny too