Is 5 to 10k too little for long term investment in stocks?
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Because I feel that it may be more efficient for me to make a bunch of short terms to increase my capital and eventually making long term investments from there. How short is ...show more
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Answer:
Short term investment is a strategy, it's not a time factor. Long term, according to my definition, after purchasing the stocks, don't sell until you are retired. After selling, don't buy again.
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Other answers
In the short term, a lot will depend on how much you know about the stocks you want to invest into. If your knowledge is limited, you best educate yourself about the world of investing. For the long term, I strongly advise investing into mutual funds using the Roth IRA. A few good mutual fund companies are, Fidelity, Vanguard and TR Price.
ag318pun
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