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About Docs99
Expertise
any related to the field. plus investments on mutual funds and variable products.

Experience
almost 20 years in financial services

Education/Credentials
MPA from Harvard University

 
   

You are here:  Experts > People/Relationships > Retirement Planning > Mutual Funds > Confussed: young investor

Mutual Funds - Confussed: young investor


Expert: Docs99 - 1/9/2009

Question
Dear Sir/Madam,

I have been searching for investment for the past 2 weeks, i got a little abuut how the game is but i have still boundle of questions as i keep learning.

the first thing i learned that the difference between Investment and retirement.

WE will talk about investment.

In investment i learnt that it contsist of Stocks, Mutual funds< Bonds, CDs, Saving Accounts, Annuities, and money market fund.

I only got that how can we earn by buying stocks,
but i dont know if i buy mutual funds how will be paid.

Now what makes me confused that how and where to get started.

For Eamples , if i open a account AMERITRADE
there i will put some fund let say $1000.
by this fund i can buy Stocks , it ok i got up to here.

now if i want to buy mutual funds or bonds how to do that can i buy those with the same account and include it with in the same portfolio.

How should i allocate my Asset.

Please help me.

Regards
Mansoor

Answer
Thank you for your query. Unfortunately, am not able to furnish you with financial advice. You may want to talk with your tax advisor and a duly licensed financial advisor or registered representative to discuss the issue. Apologies for not being able to be of further assistance.

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