 I have $20,000 to invest and I want to double it in a years time, any recm'dtion of how to go about doing it? |
| p/s: I know nuts about investment/tradings or anything related to it! I need genuine help here as I am jobless and am getting old...... |
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 What are the top Five thing in order you would do if you were to win 250,000,000 ? |
| And this is after you pay you taxes and the money is in your bank accounts. and yes in your bank account you have 250,000,000.... |
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 I get these mailers saying send $5 to 4 names on a list and then buy their list I will make $. will it work? |
| Obviously, most are going to say don't get suckered in . But if the total outlay of cash is only about $50. Wouldn't it be worth it to try? The gimmick is to buy their mailing list. A... |
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 What is the easiest way to become rich.? |
| How a person a earn quick money by any means including good and bad things.... |
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 How do I get money? |
| I need a lot of money!!... |
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 Do you think that Apple will declare their bankrupcy next week? |
Considering the dissapointing sales of the iphone and the ipod, it is rumored that Apple will go bankrupt next week. So be sure to sell your stock now if this is the case.
Another reason ... |
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 How would you invest if you were about to come into over $100,000? What are some surefire ways? |
| I am about to receive a settlement for over $100K and I am interested to know what I should do with the money. I do plan on paying off all of my debt plus my car payment. The remainer I would like to ... |
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 Embarrassing Momments? |
embarrassing momments?
anything ranging from something at/work
at home.playing with your self..anything!... |
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 How does the stock market work? |
| I would like to invest some money in the stock market, the only problem is that i really dont understand how it works. Can some one just give me some basics about the stock market? thank ... |
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 What is your lucky number? |
I will use this number to buy some Lottery tickets today.
Additional Details
Numbers smaller than 47, though.... |
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 I have 62k inheritence to invest..best place to invest it please? |
I'm not happy keeping it in my Natwest account...would prefer to try and make some money from it??
Additional Details
Sorry I'm taking ££ so must be in the UK please.
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Ellie May | Best idea for a 24 year old in regards to investing? |
I want to start investing whats a good idea? |
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Chad
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Investing in "individual" stocks takes a lot of knowledge and practice; so I would not suggest doing this until you understand completely how the stock markets work.
Vanguard.com is ideal for long term investors who want to learn about mutual funds, index funds, and exchange-traded-funds (ETFs). Trading funds is less risky than trying to trade "individual" stocks.
Unless you plan on spending everyday of your life looking at stock charts trying to determine the best time to get in and out of "individual" stocks, I would look into some sort of fund.
Also be very careful about asking for stock tips online. Most are probably worthless or contain unethical motives. Do not fall for any Pump-and-Dump scams.
As far as books go, I actually started out with the Investing for Dummies books, and they definitely pushed me in the right direction. To many other books have their own agendas in my opinion.
The websites below all contain plenty of FREE information to get you started in the right direction. |
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bizzbagg
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please read the following books before you invest your money in stocks or bonds.
the intelligent investor
security analysis
any basic accounting text book |
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jpspiderman2003
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When I was your age I was looking for the same thing. I would always WISH I had something to invest in. It wasnt till I got older that I FINALLY discovered the stock market. Think about it. How many times do you hear people say "I'd like to play the stock market.. But I dont know how."
Well I was one of them growing up. It wasnt till I met the right people that turned me onto stocks that I started playing the market. And let me tell you. I WISH I started earlier. With enough education (Read books books and more books) you can see the market isnt just some random up and down thing. There are patterns. And eventually you learn to recognize those patterns and make money off of it. Sure with anything you can loose money. But whats your bank paying you (If you have a bank account) 3% 2%?
Good luck with whatever you decide to do! |
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Chris
 |
Save early, often and as much as possible. Invest in index funds or ETFs as they spread out yours risk for you and generally have the lowest fees and distributions. Buy and hold it will make all the difference. |
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Menehune
 |
If you had your income reduced by 15%, could you live comfortably enough? If so, you could be putting it into savings and starting to build a nest egg.
If you can put the money into a 401k or similar plan at work, it is an easy and reliable way to invest.
You also want to think about where you will be living for the next several years. Money invested in a home can give you a good return while making life more enjoyable.
If by investing you mean the stock market, I would recommend spending a few minutes everyday reading the finance section of your daily newspaper (paper or online). |
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jduck1979
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The first thing to do is to read up as much as you can about it, to learn what you're getting yourself into. Here's some of the best sources for this:
http://www.fool.com/investing.htm (US)
http://www.investopedia.com (US)
http://www.fool.co.uk/investments/investments.aspx (UK)
http://www.everyinvestor.co.uk (UK)
The second thing to do is play safe, and stockpile about £1500-£2000 (or $1500-$2000 outside the UK).... or 6months living expenses (in case of emergency) in a high interest savings account.... maybe also some sort of government bonds at the sametime.
One you've got that established, you can start thinking thinking about something such as the Stockmarket.... the SHAREBUILDER scheme being one of the best low risk ways for beginning investors.
http://www.sharebuilder.com (US original)
http://www.halifax.co.uk/sharedealing/sharebuilder.shtml (UK licensed version) |
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MensaMan
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Save as much money as you can. |
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slimshady3in
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Its nice u r thinking of investment @ this age... As u r a new investor dont jump in to shares imm. just start with some trusted Mutual Funds... Mutual Funds r professional investor they will give u good returns on ur investments... same time keep listening to the biz. channels like.. Bloomberg, CNN,BBC,CNBC it will help u to understand more on investments... Happy Investing |
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joeydubz0
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start paper trading stocks, buy books and learn....then after about a year of dedicated experience try to use ur money and swing trade and long term investmets |
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derobake
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You will want to get an introduction on investing before you venture any serious money into it. A good primer on stocks, bonds, and mutual funds is your best place to start. Any of these sources should help:
1) Mutual Funds for Dummies, by Eric Tyson
2) http://www.invest-for-retirement.com has my free downloadable book
3) The Boglehead's Guide to Investing
4) http://www.investopedia.com has some tutorials
When you invest, you should first define your goal(s) and the time frame(s) associated with each goal. This will help orient you to pick a portfolio that has the correct amount of risk. This is because we can invest more aggressively for goals that are a long way off. However, for goals that are nearby, like a house purchase in 2 years, we should choose more conservative investments.
When your learn about investing, pay particular attention to these subjects:
- Asset allocation. Specifically, how your stock to bond ratio determines most of the risk and return of your portfolio in the long run.
- The benefits of rebalancing at periodic intervals.
- How costs impact your returns over long periods of time. For example, over a 30+ year period of time, even a 0.5% increase in annual expenses can cause you to fall short by $100,000 or more. (Chapter 19 of my book goes into more details about costs, and is probably the most useful chapter in the book.)
- The advantages of index mutual funds.
If you are looking for a low-cost mutual fund provider, take a look at these two:
- http://www.vanguard.com
- http://www.fidelity.com |
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egiese
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First pay off any existing debts you may have. Then save your money until you have accumulated at least $1,000 . Any major bank such as Bank of America, Wells Fargo, Citigroup. Will be able to set you up with a account so you can buy securities such as CDs, Treasury Bills, and I believe stocks. Start with whatever you feel safe with. Last don't ever stop saving no matter what. I heard one time that 80% of the population was not prepared for retirement, don't let that happen to you. Good luck! |
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Andy
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Buy a global equity fund like Vanguard Global Equity (VHGEX). Check on the performance on January 1, 2010. |
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Happy Girl
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This info has provided me with the most of the information I currently know. Anyway, if you want some extra help take a look at this site at http://v7v.blogspot.com/
Thanks in advance. |
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amysgetaways
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How about invest in yourself, by starting a business?
There are a ton of opportunities out there. Do your homework, look out for scams.
I own an on line travel agency with a great company I love it. It allows me to make money and spend time with my family. The commissions are the best in the industry, the tax deductions are awesome and the travel credentials are great. The company is publicly traded and a member of the BBB. The support, mentoring, and training is wonderful. I absolutely love what I do!
Good luck in all you do! |
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Luv2Answer
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Mutual Funds are safe and less risky than the stock market for young people. Putting money in CD's instead of a standard savings account is also a good idea. |
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