What’s some good investment advice for a someone just beginning to save?

Jonny-5 asked:

I’m 24 with bad credit, and about 2 grand in da bank.

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need investment advice where do i start ?

mpho the decoder asked:

do i go with a finnacial advisor or go with one of the online companies.

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Other than London Stock Exchange website, where should I look for investment advice such as buying shares?

born4thesurf asked:

Looking for investment advice including trading tools and buying shares

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What is a good place to get free investment advice?

Eric G asked:

Besides yahoo answers haha

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Has anyone used Fidelity representatives for investment advice?

kosmoistheman asked:


I have a variety of Fidelity mutual funds and I am thinking of using one of their representatives to review and evaluate my portfolio. I hope to get some sound advice about how to invest over the long term for retirement. Has anyone used their services and what did you think of them. I realize they may push their own products, as most advisors do at the large firms, but I haven’t found an independent advisor that I feel comfortable with.

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Do you need to be licensed to give someone investment advice?

Deprived asked:


People can sell books about investing without being a licensed financial planner. but if i am simply offering advice on a web site and sharing my findings with the public, can i become liable even if i am not taking any money from anyone?

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Why is everyone looking for investment advice, but they aren’t willing to pay for it?

Steve asked:


I am constantly reading questions for investment advice on this site. Most of the time the people giving the answers don’t have all of the information necessary to give advice, are not qualified to give advice, and then give bad advice. Yet people are willing to take this advice and go “do it themself” and pay $6 for a trade that will eventually lose them thousands of dollars.

Why is the climate so anti – financial advisor? Obviously people want advice, that’s why Cramer is so popular and sites like this. When is it worth it to pay for financial advice? Can a financial professional add value to your investment plan?

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Do I need a license to sell investment advice online?

. asked:


I wanted to start a site that sells investment advice but I’m not sure if i need a license. Thanks.

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What are you charged for financial planning or investment advice?

j_m_camilleri asked:


Many financial services providers tout their financial advice as being for free. But we all know nobody does anything for free. Aparently there are a bewlidering number of ways in which investment advisors make their money such as trading commissions, hourly frees, trailer fees, management fees, performance fees and so on.

I would like to hold an online survey to gauge which methods most Y!Answers users come across and their views on each method or which method their prefer most.

Thanks for taking the time to answer my question.

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Investment advice?

fhgkneifl asked:


I have been getting killed in the stock market. I bought a bunch of Google at $742 and now it is down to $618 /per share. I did well with Apple picking it up earlier on this year at $150/share so no losses there. However, I have lost a lot more than gained because of buying the google. Should I sell or should I just wait for it to go back up again. The losses are getting close to 20%. I think it will go back up but I’m really upset about buying it so high on investment advice from Jim Cramer. Thanks!!

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