Investment

My wife and I have some money to invest and don’t know where to start.Is Edward Jones a good choice? What if we want to invest in the stockmarket {stocks that pay dividends]? Who do we go to for that?

Terry Says:  I’m going to suggest that you do a little reading first — and one of my favorite books is The Little Book of Big Dividends, by Chuck Carlson.  In fact, I wrote the introduction to it!  I always suggest it to those starting out in investments — not only because it explains dividends, but because I think it is the most understandable book about the process of choosing stocks.  It’s available on Amazon.com  (I don’t get any royalties!!)

After you have  read it, go to Chuck’s website: www.BigSafeDividends.com to learn more about choosing dividend-paying stocks.  OR, you could simply buy an Equity/Income fund — at one of the low cost fund providers such as Vanguard, Fidelity, or T. Rowe Price.  They have funds that balance the risk of equities with income from both stocks and conservative short-term bond investments.