» » »

Investment Services Cody WY

Congratulations! You are joining the ranks of the individual investor. Before you being investing in the stock market, there are a few places you should put your money. First, make sure you have at least 3 months of expenses saved in savings account or money market fund in Cody. At the same time, you also want to make sure you are contributing to a retirement account; either through a 401(k) at your work or a ROTH IRA.

Morgan Stanley
(888) 891-7423
135 North Main Street
Sheridan, WY
 
Boysen Rob Invstmnts
(307) 587-2269
1321 Sheridan Ave
Cody, WY
 
Wyoming Financial Securities Inc
(307) 527-6201
1220 Sunshine Ave
Cody, WY
 
Hughes Ed Invstmnts
(307) 587-2269
1321 Sheridan Ave
Cody, WY
 
Smith Barney
(307) 587-4748
1507 8th St
Cody, WY
 
Investment Center the
(307) 527-5600
1826 18th St
Cody, WY
 

Stock Market Basics

Q: I have never invested in the stock market and was wondering what is typically recommended for a single income salary?

72

 

Congratulations! You are joining the ranks of the individual investor. Before you being investing in the stock market, there are a few places you should put your money. First, make sure you have at least 3 months of expenses saved in savings account or money market fund. At the same time, you also want to make sure you are contributing to a retirement account; either through a 401(k) at your work or a ROTH IRA. Try and take advantage of the maximum amount these retirement plans allow you to save ($15,500 to a 401(k) and $5,000 to a ROTH IRA). Once you have checked these two items off your financial checklist, and you would like to begin investing in the stock market, a mutual fund is the best place to start. Ideally, contribute as much as your salary lets you! Make sure you are diversified; a Moderate Allocation mutual fund can help serve that need.


Set as favorite Bookmark Email this Comments (0) Add Comment feedSubscribe to this comment's feed
Write comment You must be logged in to post a comment. Please register if you do not have an account yet. busy

Click here to read more from Single Edition