Need Your Long Term Investing Help

By, January 13, 2014

New to Gumshoe, but a big fan already and became irregular as of this month. I am 39 years old, and have put every dollar I’ve made the last 20 years into my business that is finally a stable flow of income for me and my family. I have never had any investments to speak of (mutual funds, 401k, etc). I am debt free but my mortgage @ 2.62%, and have 6 months living expenses saved up in money market @ .9%. I have $2500 a month to invest and was wondering what you would do if you were me. Save up til the market has a correction, buy some mutual funds, and then buy stocks as they appear to be a buy or value. I know there is a lot more to it than this, but just now ready to start investing in stocks and wanted to get some opinions. Thanks and Travis you do a wonderful job, thanks for this site.

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

Share your thoughts...

1 Comment on " Need Your Long Term Investing Help"

Notify of

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Travis Johnson, Stock Gumshoe
Hi friend, welcome aboard! I can’t give personal advice, I’m afraid, but I can tell you how I learned to invest when I got started on this adventure: I started with just saving and building up by dollar-cost-averaging into index funds and other low cost mutual funds that looked appealing to me. I didn’t want to take risks in buying individual stocks that need more attention and monitoring until I understood things much better, so I started reading everything I could get my hands on, including the letters from investors I really admired and the funds I bought into (like… Read more »
Add a Topic
Add a Topic
Add a Topic