What should I do with my $1,500 stock investment?

I did my homework but other people are saying that I'm should sell my stocks now, so i am really really confused. What do you g

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Bill's Answer: Bills.com Resident Expert

Investment and smart financial planning is extremely complex and personal decision, even when the economy is stable (which it certainly is not currently). Even a person with a deep and sophisticated understanding of financial matters would be well advised to work with a qualified financial planner/wealth management firm when deciding on something as important as this.

I suggest you do some homework: get referrals (from family, friends, co-workers, reputable industry groups, and Web sites you trust), check for certifications, learn about the different fee structures, and have face-to-face interviews with as many financial professionals as you need to until you find someone or a company you trust and are comfortable with.

You will find a longer article I wrote recently on how to go about choosing a financial planner at http://www.bills.com/help-with-financial-planning/

Financial planning is a very important undertaking that, for most people, will impact one's life-long financial situation. It should be done cautiously, wisely and with a substantial amount of research and due diligence.

I hope this information helps you Find. Learn & Save.

Best,

Bill

www.bills.com/

Comments (1)


Stock T.
August 16, 2010
Investment is the professional management of various shares, bonds and other securities and asset to meet specified investment goals for the benefit of the investors. Investors may be institutions (insurance companies, pension funds, corporations etc.) or private investors (both directly via investment contracts and more commonly mutual fund or exchange trader fund. Now stock market is on its highs again and nifty tips from expert has minted huge returns for the clients. But this is time to get alert again. Nifty is not going to sustain such highs if the global economy does not sustain. Commodity tips and prices are rising again showing demand. I hope all goes well with the stock market and our members will earn huge.
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