Essay - Finance to Get Started Investing a Number of Events Must...

Finance

***** get started investing a number of events must t*****ke place. The desire to invest is one that can be fulfilled quite easily if ***** knows a number of b*****sic items. Those ***** include questions such as, why do I wish to invest? A primary purpose for investing from the perspective of most individuals is so they ***** make money, and though ***** would love to make a 'quick killing', the majority of investors seek to invest in order to have the financial well being that comes with long-term investments. This is a concept that most investors know ***** understand well, although it is at times extremely difficult to remember when w*****ching s*****cks go through the ups and ********** ***** a d*****ily market, and it is especially hard ***** watching your portfolio fall by the amounts and percentages that most ***** felt in 2008 and continue to witness during 2009.

***** recent article in*****med readers that "some 300 ********** were published last month telling inves*****rs 'don't panic' or 'not to panic" (Birger, 2008, pg. 47). The article then went on to show that now just might be the perfect time ***** panic and ***** "at the very least, it's a good reminder to take a h*****rd look at ***** ***** plans and to reevaluate how much ***** risk you can truly withstand" (Birger, pg. 48).

When deciding whether to invest in stocks, bonds, mutual funds, real estate or other ***** ********** vehicles, knowledge is the key to success, although even the most knowledgeable can get slammed in ***** marketplace as evidenced by Phillip Goldstein.

Goldstein is a hedge fund m*****nager and an inves*****r in Nuveen *****. During a recent interview he said "t***** common shareholders are ********** killed...Nobody in their right mind ever thought ***** would take a hit" (Strahler, 2008, pg. 1). Some of *****'s funds ***** plunged by over 70% in the last twelve months. That translates *****to a $*****00 bill now ********** worth $30, which is not ***** good thing if ***** are attempting to build a nest egg for yourself.

Owners of stock shares are partial owners of the companies in which *****y own *****. The sh*****s give the owner certa***** basic ********** ***** can be traded on an exch*****ge such as ***** New York Stock Exchange (NYSE) or the National Association of Securities Dealers exchange (NASDAQ).

Some of the obtained rights an invest***** is granted upon the purchase of shares of stock include the owner's right to vote and ***** ***** to any dividend the company may declare. There are different classes of stock, preferred stock and common stock being the two most available to a norm*****l investor.

If the investor ********** to invest a small amount of money on a m*****thly basis, or does not wish to be bothered with picking individual s*****cks, then a mutu*****l fund might work best. A mutual ***** *****s the accumulated monies ***** individuals in ********** types of investments. Funds that invest in *****, stocks, growth stocks, *****-producing