Stock Market Today

The best way to learn about the stock market is to open up a 401(k) account at work and pick some mutual funds to invest in. At least then, you will lower your taxes and you can start to get the feel for your money fluctuating in value.

You should not invest one dime in the stock market outside of your 401(k) plan until after you establish an emergency fund. This fund should be in cash (CD’S, money market, savings account etc etc) where you can get to it. You should have at least 3 months worth of living expenses in it.

After you do this, you can invest all you want in the stock market….but you have to remember…the stock market is like a casino……..dont be greedy…….make some money and get out……..financial experts lie to you……the longer you are in the market (casino) the greater your risk is. Your risk doesnt decrease by time horizon…….your risk actually increases the longer your money is in the casino….opps…i mean market.