RE: Saving for retirement and the stock market in layman's terms

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Saving for retirement and the stock market in layman's terms

in money •  8 years ago 

This is a nice beginners guide to investment. I have a 401K through my job cause they match what I put in up to 3% of each paycheck. I haven't invested in any stocks and bonds through it yet because I don't know how to choose what to invest in but this made me motivated to do some more research into different stocks and pick one or two. If you have any good suggestions I'd be interested in hearing about them.

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Thanks! Invest in a few index funds like S&P 500, Vanguard total index fund, and AGG. Those give you a small stake in the top stocks and mirror the market. That should be enough to get started and then if you have money leftover, research some up and coming companies and throw a few bucks on it!