I'm 27, changing jobs, w/ not a ton of savings. $8k..sitting in savings at 3.3%. Should I invest and how???

I've never dabbled in the ';market'; and wouldn't know where to start...I was hoping someone could point me in the right direction here.I'm 27, changing jobs, w/ not a ton of savings. $8k..sitting in savings at 3.3%. Should I invest and how???
YES DEFINITELY



According to an economist, one should start putting money in savings when they're 18 years old. You should start a Roth IRA account and put in 2000 dollars each year or so and you can be a millionaire by 65 or soemthing, but it might take a little longer if you start now. Also, begin a 401k planI'm 27, changing jobs, w/ not a ton of savings. $8k..sitting in savings at 3.3%. Should I invest and how???
Hey I invested on etrade and with great companies so contact me for better info
If that is all you have at the moment, I suggest NONE. I would consider them an ';emergency fund'; and keep it in readily accessible and safe place, such as savings account or in money market funds.



The rule in investing is, never invest the money you need. Seen in short term, the value of investment can reduce by 50% very easily, and if that is the money you need, you are likely to make foolish mistakes (such as to sell them in fear that it will lose more). You will need to place yourself in position where you can wait out the short term ups and downs first. Even some mutual funds that are considered safe can lose value by 20% in few days.



If I were you, I'd keep that money in safe place, and whatever extra I get, I would consider investing; first in mutual funds, then learn how to invest.
It is always good to invest in the markets. Take some time to learn how the stock market works, you'll be amazed at how easy it can be.
You are going to hear a lot of things, most people are going to try to get you to follow their affiliate links. Please don't. Before investing in any area you need to make sure you have between 3-12 month worth of bills set aside. When the economy is bad is always a good time to invest, however if you are not educated in this area you need to seek a mentor, or professional. I have multiple investments. Some are good and their are some I made in the beginning that I lost all my money on. I can only hope if you want to invest you get educated or find someone educated that will train you or you pay for their services. Best of luck
You want to invest in the long term so invest in the stock market and buy mutual funds at first. If you wanna be more agressive, make more money, buy stocks. Just be sure to do your research.
Diversity is the key.



Put some in to this:



9,000% in 10 months comes automatically.



In this crisis year, let's put it 1,000% in 1 year by doing nothing.



Thank me later:



http://automaticforextrading.blogspot.co