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<p>[QUOTE="thepennyman, post: 1358915, member: 34248"]I would suggest buying a dividend reinvestment plan because there are little to no brokerage fees because you can buy them direct from the company and if there is a brokerage fee most companies will pay for it. The average return of the stock market since 1928 before the crash in 1929 is 11.31% according to New York University. The mistake that most investors make is they usually sell in a bear market. I dont understand why people sell when the market crashes why would you sell at a loss unless you see bad fundamentals in the underlying companies you are investing in. If I were you I would put money in the market. If you put $5,000 in the stock market at 11% a year for 40 years you would have about $327,000. With inflation at 4% it would be worth $67,000 in 2012 dollars.[/QUOTE]</p><p><br /></p>
[QUOTE="thepennyman, post: 1358915, member: 34248"]I would suggest buying a dividend reinvestment plan because there are little to no brokerage fees because you can buy them direct from the company and if there is a brokerage fee most companies will pay for it. The average return of the stock market since 1928 before the crash in 1929 is 11.31% according to New York University. The mistake that most investors make is they usually sell in a bear market. I dont understand why people sell when the market crashes why would you sell at a loss unless you see bad fundamentals in the underlying companies you are investing in. If I were you I would put money in the market. If you put $5,000 in the stock market at 11% a year for 40 years you would have about $327,000. With inflation at 4% it would be worth $67,000 in 2012 dollars.[/QUOTE]
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