Originally Posted by
Atmosfear
Worst. Advice. Ever.
First of all, with $25 a month to work with, what's the point of dealing with stock? The transaction fees will eat him alive. Secondly, why the fuck would he wait until the market stabilizes? Plenty of companies are due to weather the storm, you're better off investing now and making your money on the front end. Finally, Bifford specified he is looking for a long-term investment. Mutual funds, IRAs, CDs, and savings bonds are a much better, safer long-term investment. Stock trading is for people looking to get lucky and large, diverse portfolios that can absorb risk.
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