Friday, 10 August 2012

Am I investing right? how can I grow my share portfolio? ? goldsenze

Q: Am I investing right? how can I grow my share portfolio?

I am 21 and my share and gold portfolio is worth around $ 10,000
I am invested in the following companies:

Woolworths
Metcash
Berkshire Hathaway

I then have a gold krugerrand and a sovereign.

I can continue working and buying more shares and build it like that, this is a longterm investment for say 10+ years.

I also have $ 35k sitting in term deposits I want to invest, should I buy more shares with this?

give me some pointers if you can

thanks

goldsenze.com Answer:

Before you do anymore investing, I suggest you visit this site.

http://www.ehow.com/topic_63_investing-101.html

http://www.ehow.com/how_4516142_invest-mutual-fund.html

Do not get anymore gold. The price is going down.
At your young age, you should be mostly invested into stocks
or stock mutual funds
If where you work has a 401K plan with some match, like 3-5%
join into it. Other that that, even better is a Roth IRA plan along
with your investments, where you can invest up to $ 5,000 a year.

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1 comment:

  1. I think for making profit through land investment one should have good knowledge in real estate.

    Jardin Smith International

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