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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?


To: Mike Gordon who wrote (23831)4/2/1998 11:38:00 PM
From: Seth L.  Respond to of 97611
 
Young investor, this is what you do. Take your money and put it into a mutual fund that invests in the dogs of the dow. If you do not know what that is, call Prudential or another firm like it. Let the professionals manage your money. Most people who invest in stocks, do not beat the professionals in the long term. Continue to invest your money on a regular basis, like 100 bucks a month. If you want to learn like the previous letter advices, follow his advice and learn as much as you can, but invest in the dogs of the dow or another well run mutual fund. Do not invest your money in individual stocks, becasue you are putting all your eggs in one basket, and to be honest little fellow, your basket is small now. When you get older and start earning big money, you can then invest in individual companies and apply what you have learned while holding mutual funds. DO not forget to add regular contributions to your fund. Finally, there are many brokerage houses that will charge you an extremely small commission. DO your homework and get yourself the best deal. Good luck! You are on your way!!!



To: Mike Gordon who wrote (23831)4/3/1998 3:32:00 PM
From: alex avstreykh  Read Replies (3) | Respond to of 97611
 
WOW! i never thought so many people would help me with this. especially mike, thanks alot.ok, here's my plan: i will invest (as soon as i open an account)my 800 or so dollars into cpq.then, very soon, when i start caddeing at a local country club, i will start saving again. about $200, which i will probably put in brookline savinds bank (brkl), a local bank that seems to be rising. it is around 17 bucks, as long as it doesnt go over $20/share, ill invest. ill go on from there.