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Old 04-29-2001, 06:35 PM  
RedShoe
赤い靴 call me 202-456-1111
 
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Join Date: Feb 2001
Location: The Valley
Posts: 14,831
Actually if you want to invest your money the last place to put is in the stock market.

I pulled out in september, and it was the best money move so far.

And don't go stock unless you have all day to watch it. You don't - you're a smut peddelar, and so all day you promote your sites.

For smut pushers like us, it's best to go Mutual funds. You'll hear people say DIVERSIFY. That's true and with mutual funds that's what your doing except you don't have to watch it all day. maybe check it once a week, or twice a month.

If you're a new investor, the last thing you should do is invest in a stock.
1) you probably have no idea what the P/E on that stock is.
2) you probably don't know where they are on a 39 week average. So even though their stock may have gone up in the past few days, they are still way below their own trend line.
3) You don't know when to sell
4) you don't what their past performance is, nor do you know what their future potential is.
5) you proabbly didn't set a stop loss to protect yourself.
6) you probably didn't set a sell price.
7) if this is your first investment, and it's a stock, you just invested in a stock, and not invested in yourself.

I'm only saying this because that's what I did our first time out. Learned a hard fast lesson : KNOWELEDGE IS POWER!!! Read as much as you can about investing first. It's your money don't FUCK UP WITH IT!!!!

You need to set up an IRA first, you will get old that's inevitable. Will you be prepared financially when you 'retire from porn'.

What's that? You will start saving next week? Oh, you'll just have enough money when you retire?

I suggest all 'yall get on over to http://fabian.com (No I don't get paid for plugging hime, an don't consider it spam, because it really is valuable information) I've posted here long enough to know better.

Oh, so at fabian.com he has a wealth calculator that will show you how much you should be saving if you want to have a good retirement.

Maybe I should start an online financial help site for adult webmasters only...

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