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Getting started in investing advice (Noob)
Warren Buffets of FTR I beseech you, gimme some advice. As of about six months ago I was a pretty big investment noob, since then I've been educating myself and I have run into a nice situation, but have yet to make my first buy order yet.
My company was just bought last week and my shares appreciated several fold their issue price, so I did pretty damn well. The last few months I had been putting away a good portion of my paycheck, and pulling out almost all poker winnings with the intention to move into stocks with about 60% of my assets (I'm 26, so this is a pretty good number.) Now I have enough from the buyout that I'm pretty raring to go.
I've read a half dozen books on the matter (from classics like The Intelligent Investor to kindling material like "Getting started in stocks!") but I'm still a little nervous.
I'm looking for more resources online or off that folks can recommend for me to educate myself, not looking for stock recommendations. (IE I don't wanna know if you would raise AJo but I'd want you recommend Harrington on Hold 'EM )
Also, how do you prefer your trades, do you move securities online or go all broker, prefer mutual funds? Gimme your strategy here.
This is what I am looking at roughly right now.
60% in stock, diversified, max of 2 aggressive growth stocks per ten, max of 2 stocks per sector per ten minimum of one long term growth per ten.
10% in cash savings
10% in CDs
10% in bonds
2% for day trading securities and currencies
8% for poker.
I might pull some out of CDs and bonds and put it into real estate mutual funds, something seperate from stocks and bonds.
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