lustful TR
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Put it in my kids college fund. After all, what could be a better investment for our future than a child with a promising one of their own. |
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cporterc
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You have to decide what part of your $10,000 you want to invest for the long term and what are short term. Then it depends on you how much of a risk you want to run if you decide to buy stock that many times will give you a better return on your money. |
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Rich
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If you are new to investing, I would suggest the following:
Go on line to Franklin Investments or T. Rowe Price. Both are excellent companies with great customer service.
Look at their mutual fund choices. Mutual funds are professionally managed assets that are invested in a variety of stocks. The fund is made up of millions and millions of dollars from thousands of investors. This "pooled" money gives you the advantage of getting into stocks and bonds that you would not otherwise be able to afford. You don't need to do anything other than check on the increase of your money. Yes, it can go down too but this is rare. you can select the risk factor that you want. If you are young and looking at the long term, select a fund that is low to medium risk. Another great thing about these firms is that you can automatically invest as little as $50 a month into your fund. You will be surprised how quickly this helps!
The power of compound interest is amazing.
This should get you started anyway. It is also exciting to be able to check "your fund" on line or in the paper!
Good luck! |
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.....
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I guess the quickest way would be to try your luck at a casino. But, I would invest several thousand of it to try and make some interest on it. The rest I would use either on some classes to gain some new abilities or buy some educational software and improve certain interests. This might make me more skilled to get a job that pays more. |
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YAN
 |
It is a good question. By simply getting a lot of money one can not be expected to grow rich. A life path decides the life of a person. The life path is different for different people which is dictated by so many factors such as family background, present position, child hood experiences etc. I suggest that we should learn to change our life path. It is a sort of meditation. I have seen a program created by 'Robert Serafino' for attaining peace and happiness in life. I think it is a must that every one of us must visit the following site and get the benefits! Help me to take this message to all those who are in search of wealth and happiness and in that process you too become rich!
http://tinyurl.com/y9tvmo |
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Hello
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Probably CDs at bank. It's guaranteed return some giving up to 5.5%(compounded).
Or I'll hire illegal immigrants to go take pictures of Paris Hilton. I'll retire with my 10 million. |
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Bob Loblaw
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I guess the fastest way for it to grow would be stock or mutual funds. however note that 10grand isn't alot of money. If everyone could double their money in two years then they would |
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Voice from Above
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What's the meaning of this? You got 10 Grand, no need to make money.
If you got an egg, how do you make it a chicken to get you an egg? |
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bama_cid
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I really dont know, but umm where is this person that is giving away the cash |
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Life after 45
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I'd buy the cheapest SD Flash Memory cards and sell them on eBay! :) (I would also reinvest the money in the BEST digital camera deals from Canon and Nikon and sell them on eBay to!)
I recently sold 3 of my 1GB SD Mem cards for an average of $15 PROFIT each, and they were used! :) |
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someones sister
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I would call the Donald. |
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lukeee
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put it all on black |
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black_apple42
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bank deposit. profitsome! |
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Skelly
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put it in a high interest bank |
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Flixy
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low yield bonds, great for the risk adverse. how boring tho - someone gave you the $10k, what do you have to lose! I say go high risk shares. |
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Traveler
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buy stock in walmart and sell underwear at mcdonalds |
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