Hi guys, I'm a college grad, starting at a new job and really keen to learn about investing the right way. I have a fair idea about investing, thanks to my father's tutoring, but I would like to read more from hopefully seasoned investors before I start. That's my story! See you guys around.
Hey there Interested, welcome to the Bull forum! Lucky you that your dad taught you about investing, do you have any current investments?
Welcome. It's good to start young, even if your income might not allow you to invest a lot even the little amounts will give you experience and help you improve your personal finances in the long run.
Hi Gelsemium, I don't have any investments in stocks, I have some money in a fixed deposit with the bank, that gives me an interest rate of 8%. Thanks for the welcome, guys!
Welcome to the forum Interested! Those 8% are the yearly amount the account values? Or is it variable and it might even devalue or value less?
It's not the bank interest rate. It's a "fixed deposit" in a bank. And yes, it is 8% annual interest rate. I've invested around 100, 000 and will end up with around 2000 at the end of the year as interest.
Hello and welcome to the forum, over here you may be able to get a general idea on future investments and the benefits that can be entitled from it. Good luck to yourself and I hope that you thrive from the information you are being taught on here.