Comments on: Pick Investments Strategies That Fit Your Lifestyle http://www.bargaineering.com/articles/pick-investments-strategies-that-fit-your-lifestyle.html personal finance blog with anecdotes, advice and commentary. Sun, 08 Nov 2009 00:35:16 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Start-Up http://www.bargaineering.com/articles/pick-investments-strategies-that-fit-your-lifestyle.html/comment-page-1#comment-275280 Start-Up Wed, 13 Aug 2008 16:17:13 +0000 http://www.bargaineering.com/articles/?p=3326#comment-275280 If I were a novice I would put my money in a life-cycle retirement fund, as long as it's earmarked for retirement. If the money is for use in the next year or two or is the emergency cash fund, I would put it into the high yield savings account. I've played around with investing simulators like at investopedia.com and it all depends on when you start the simulation. If you start your investments during a bull market you can become overconfident, if you start your investments during a bear market you can be scared away from the stock market. Also, there will be a lot of luck involved. As a novice, which I still kind of consider myself, I would recommend reading as much as you can about the stock market. Currently I'm reading "A Random Walk Down Wall Street" by Burton Malkiel and I highly recommend it. If I were a novice I would put my money in a life-cycle retirement fund, as long as it’s earmarked for retirement. If the money is for use in the next year or two or is the emergency cash fund, I would put it into the high yield savings account.

I’ve played around with investing simulators like at investopedia.com and it all depends on when you start the simulation. If you start your investments during a bull market you can become overconfident, if you start your investments during a bear market you can be scared away from the stock market. Also, there will be a lot of luck involved.

As a novice, which I still kind of consider myself, I would recommend reading as much as you can about the stock market. Currently I’m reading “A Random Walk Down Wall Street” by Burton Malkiel and I highly recommend it.

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