I need some assistance; I have started saving and now I have a pretty good some of money in my bank account (but not a lot..) I just want to know whether I can start investing or save more. If I want to invest and buy shares, can you give me some advice?
by 
Steve de Costa
ANSWERS: 4
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the answer depends on the sum of money you have to work with and the economy in which you will invest. In which economy will you invest?
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1. Don't get involved in the stock market unless you can afford to lose your investment! It is gambling with your hard earned cash! 2. Right now is possibly the most uncertain time to invest in stocks since just before the 1930's recession. 3. Have you ever seen such high prices for oil? Even considering inflation? Nope! What's the conclusion! Don't invest in the stock market.
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Spend it on you. You are the best investment you can ever make. Travel, do something that you have always wanted to do. Live life without regrets. Don't get to be 65 years old and rich and regret NOT doing things. Be in a place where you can look back at what you have done, not how much money you have.
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If you can put aside money for several years, I'd invest in Mutual Funds. That's a group of funds managed by a professional money manager. I'd go with one of the big fund families such as Fidelity, Vanguard or T Rowe Price. You can pick an index fund which mirrors the stock market or funds in different areas such as blue chip, value, small cap and international. Do some reading to educate yourself. I got a pretty good overview by reading Money and Kiplinger's magazines.
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