Tuesday, October 28, 2014

Buy and Hold Strategy Using an IRA or 401K


Have you ever wondered how Warren Buffett got to be listed on the Forbes 2012 World’s Billionaire list? At an early age, he invested using a "Buy and Hold Strategy."  He looked at companies on the cutting edge of the economy, invested money in them over decades and sold their company stocks when the companies showed signs of maturing.

 

If I was just starting out, I would open a Roth IRA at an online brokerage firm and put $25.00 or more a mouth in the account. Next, I would go to Wal-mart, Best Buy, or look at Technical Media Shows that explorer new types of consumer products that are the current fads in society.

 

If you want to learn about investing, click on the link below.

 

http://www.mybanktracker.com/investing/basics/Understanding-Buy-and-Hold-as-an-Investment-Strategy/102389

Understanding "Buy" and "Hold" as an Investment Strategy

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