Investing for Beginners

This article seems to have been intended for those people who are in their 20’s and early 30’s. I am 47 and hope to retire when I’m 67. You should not assume that everyone begins investing as a young adult. There are many people who struggle financially until they are 40 or so and then finally get a college degree or a promotion and begin to invest after the age of 40. Also, some people don’t own a home and still live in an apartment until they are nearly 40 or past that age. I bought my first house when I was 39 years old. I am female and was divorced in 1996 at the age of 36. I raised my teenage kids myself. I still have no 4-year degree, but I have earned about 60 college credits. I don’t know if I will get a BS or BA degree, but my 23 year old son is well on the way to one. Investing is something that I hope to begin doing this year.

“It’s also for anyone who wants to start putting some money away for a future purchase but aren’t quite sure how to make that money grow.”

Note to Rebecca Knight.
I suggest reading one or more books by David Bach. One in particular that may interest you is Start Late, Finish Rich.

The Automatic Millionaire is also good.
I purchased them used on ebay but he also has a website www.finishrich.com
check it out, I think you’ll be pleased.
I know I was.

I’am having problems paying my rent because the job I had when I moved into this apartment paid a lot more than the job I have now. I need to know if maybe I could get into some program to lower my rent where I live because I really do not want to move.

I have to agree with Rebecca, most of us don’t start investing until late 30’s and 40’s. I’m 38 and single and at this point I don’t have the desire to purchase a home right now, especially on my owm. However, I’m very interested in investing right away. I would like to have a nice saving by 50. I’m going to check out the recommended readind suggested by Eric.