Quote:
Originally Posted by codygary12
Yes, I was hoping someone with more experience and knowledge of available companies could help me out with where I should invest this money?
For your long term money I agree with other guys. This would be a great starting point:
"From Vanguard's list of "core funds," the funds that are best for a three-fund portfolio are:
Vanguard Total Stock Market Index Fund (VTSMX)
Vanguard Total International Stock Index Fund (VGTSX)
Vanguard Total Bond Market Fund (VBMFX)
So, a "three-fund portfolio" might consist of 42% Total Stock Market Index, 18% Total International Stock Index, and 40% Total Bond Market fund.
One could, of course, use ETFs rather than mutual funds. For example, one could use Total Stock Market ETF (VTI) [1], Vanguard Total International Stock Index Fund (VXUS) [2] for international, and Vanguard Total Bond Market ETF (BND)."
Source:
http://www.bogleheads.org/wiki/Three-fund_portfolio
As far as the gambling money, I can't help you. If you really want to go this route I would suggest you are better off developing your own ideas rather than asking for tips. At least then you will know what you own and have some idea of when to sell it.
For the record, I would suggest putting all of the money you have in something like the 3 fund portfolio above, at least until you figure out to analyze stocks on your own.