I wish to know the best way to invest $5,000 for a maximum yeild in a minumum amount of time. I am a student who has seen a sudden windfall and do not want to misallocate my funds. Looking into a ...
Best meaning that you are not paying a lot to the broker like a discount brokerage place. Also places that have the smallest minimums. Also are there any stocks that look outstanding to you for quick ...
In my 401K plan i AM ONLY TO CONTRIBUTE 6% of my salary since I am considered a highly compensated employee. I need a place to place money that will be protected from taxes or the next best thing....
With less than $10,000, you should stay away from individual stocks.
The brokerage fees eat up too much of the gains.
If you can get into a no-load mutual fund with only $1,000, that's your best bet.
What would I do with the money?
1) Pay off debts.
2) Save it for emergencies.
3) Only after I have 6 months expenses covered with cash in the bank, would I start looking at investing.
kinghitz
Maybe consider this: only invest money (in stocks) that you can afford to lose.
The point is that investing in stocks is risky. $1000 is not a lot of capital. Are you prepared to take that risk?
Stock runner
I use this website that gives free stock picks and there very good check it out at, it also tells you some information about stocks to teach you.
StockPickKing.com
Becca800
That is what I did, $1000.
The Motley Fool has a a favored stock tip for 2008 and that is NASDAQ:NTGR
You have to sign up to find out what it is, and then risk getting spammed.
SO here it is, just for all of you, with no spam attached. NTGR (netgear) is predicted to explode soon. I just saw a pr about them too, they recently had their products shipped to Walmart for sale. I bought their stock with the full 1000 a few weeks ago and I am making money. :-)
userd
It's high risk to invest in stock, since you planned to keep it for five years it's better to invest in unit trust
phipsi32
Jeff hit this one on the head. With a $1000 I'd be asking which stock I should but (not stocks). $1000 is pretty thin even if you only buy one.
mylilbubbers
with such a short time horizon and lack of knowledge of your risk tolerance, I wouldnt know what to reccommend you. figure out your risk you are willing to take.. you dont have much time for a major loss to correct itself
Homepage 
Financial
Forum 
Investing 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
