As I get older and have more kids, I’ve begun to realize the importance of planning for the future. Like, will I have enough money to live on when I retire (in about 25 years). I have a good retirement plan at work, but I don’t want to rely on that completely. So, I’m thinking about doing some investing on my own. The thing is, I am completely clueless about investing. I barely know the difference between a stock and a bond.
Can anyone recommend any good books or sites that cater to the ignorant about investing? And what’s the deal with this online investing? Is it really that great? I won’t be doing anything on my own until I absolutely know what I’m getting myself into. I am not a huge risk-taker, but I do understand that I may lose some before I gain. I’m 32, and I have a little time to play around a bit.
Thanks a lot for your help…and if I have enough money when I retire, I’ll remember you in my will.