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401k...learning the market
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<blockquote data-quote="klein" data-source="post: 944340" data-attributes="member: 23950"><p>My advise is a Nasdaq index Fund (mutual fund). It's been working great for me.</p><p>People are now addicted to "nasdaq" technology. Be it laptops, cell phones or even facebook and much more.</p><p>People will buy a new laptop or TV if it's broken rather then a new fridge (fridge can be bought used, but who really buys a used pc or cell phone) ?</p><p></p><p>Even some of the poorist countries/citizens have cell phones and internet connections.</p><p>It's one sector that is hard to bring down.</p><p></p><p>Of course, Natural resources are a great safe long term bet, too.</p></blockquote><p></p>
[QUOTE="klein, post: 944340, member: 23950"] My advise is a Nasdaq index Fund (mutual fund). It's been working great for me. People are now addicted to "nasdaq" technology. Be it laptops, cell phones or even facebook and much more. People will buy a new laptop or TV if it's broken rather then a new fridge (fridge can be bought used, but who really buys a used pc or cell phone) ? Even some of the poorist countries/citizens have cell phones and internet connections. It's one sector that is hard to bring down. Of course, Natural resources are a great safe long term bet, too. [/QUOTE]
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