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Old 07-21-2007, 11:50 PM   #162
McDick
Where's my RS Christmas Lobster?!
 
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Join Date: Apr 2006
Location: Richmond
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how much are you have now?

For a newbie, I think the safest way to put down certain amount of money into mutual funds.

Stock Market doesn't go up forever. This year might be good, but the market can crash any moment.

I don't invest 100% of my money into stocks. I invest what I can afford to lose and had enough cash to survive with my daily life for a year.

It's good that you have this kind of thinking about investing and saving up! I have seen a lot of teens at your age wasting all their money on pots and beer and not going anywhere in life.
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