About Dr. Joseph de Beauchamp Expertise I`ve been teaching MBA students around the world for the past 15 years. I have covered over 50 stock markets and published on over 2000 public companies. I review and check on nearly 6000 financial reports a year. I would be glad to help out with questions.
Question hi Dr. Joseph, I have just graduated with my Bachelor for less than half a year. I have planned to take my MBA in 5 years and I understand the huge expenses I would have when I take my MBA.
My friends and colleagues have been recommending me to start investing in stocks/funds so that I can save up more money for my education. I am wondering how much does it take to invest ( as in how much in $) to get a decent return? Also, what would you recommend that I should invest in or how to get started as a beginner? Several friends have urged me to go with forex trading, what are your thoughts abt it?
Answer You might go to the local library and look over for free the Valueline and Morningstar. This are very good works to study. Morningstar is about 15,000 mutual funds, and this form of investing is best for you. Mutual funds carry lower risk and better returns than most other forms. You can start with many of them for $25.
As far as you friends are concerned, tell them that after 32 years, and as a professor of finance, I have never recommended Forex speculation to anyone, and anytime. I would not even recommend this to Bill Gates. There is no evidence that this speculation works. Ask them for their tax returns to prove up that they made money in this.
