 I want to invest $5000 dollars in something good, what is out there yu know about? hlp me, thanks? |
I want to invest about 5000 dollars, is there anything yu know where i can get some quick money in..
and one more last thing.. what banks have the highest interest for CDs?, cuz i want to open ... |
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 If you had 500 dollars, what would you invest it in? |
| I have 1000 dollars but i only want to invest 500. what should i put it in and how do i go about doing that? i'm only 22... |
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 My husband's retirement account is losing money. What can we do to turn that around? |
| We don't know anything about investing or trading stocks, so we're in the dark here. My husband's company invests all the money for us in different stocks. We are allowed to invest or ... |
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 IS THERE SOMEONE WHO IS REALLY INTERESTED TO MAKE US$3000/ DAY IN Real Life.? |
| ITS 100% FOOL PROOF AND AND OFFCOURSE ITS NOT A DREAM SELLING, ITS A DAY DREAM WHICH COME TRUE IN YOUR LIFE, IF INTERESTED PLEASE REPLY WITH YOUR COMPLETE DETAILS. YOU MAY BE FROM ANY PART OF THE WORL... |
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| Which should I do first, an IRA or stocks? |
Or mutual funds?
I go some money and have no investements of any sort. What's the most productive way to start out?
I'm young.... |
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 How would you prepare for a massive stock market crash? |
| You have 5 years advanced warning of a huge stock market crash. What steps would you take to make sure that you save everything you have invested? Would you buy antiques or gold? Would you avoid ... |
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 Stock Market vs Poker? |
| How is the stock market in comparison to playing High Stakes Poker. I used to play high stakes poker and I am used to the ups, and downs of winning big, and losing big. Would the transition to the S... |
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 Have you ever had a fake banknote? What made you realise it was fake? |
| (Am writing a dissertation on counterfeit banknotes and researching the field...)... |
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 Help me invest wisely? |
I can invest Rs 4000 every month for the next 8 months,
I plan buying a good laptop(approx Rs 55,000) next year, with this investment.
no doubt I'll have to pump in extra cash when I ... |
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 I have $150,000. where should I invest it? |
Hello,
I just sold one of my homes and now I have $150,000. to invest.. my question is where should I invest it.. what bank has the highest paying CD's ... should I put it in a ... |
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 HEY OBAMA SUPPORTERS? |
At What point would you change your mind about voting for Obama?
There are a lot of facts that prove Obama has many ties to criminals and anti Americans. Also his economic plan would drive ... |
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 I just bought 5 stocks, are they good buys? |
I bought:
MRK (Merk Co.)-10 Shares @ 38.99 -$390
AUY (Yamana Gold)-20 shares @ 14.88 -$300
ETFC (e-trade Fin corp)-75 shares @ 3.88 -$290
S (Spring & Nextel corp)-40 shares @ ... |
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 What would you do to earn money if you only had only £50 to invest? |
| I have £50 and want to make some more money, what is the best and quickest way of making more money with it?... |
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idk | Can anyone give me some info on saving money? |
I am a teen wondering what the best way to save and invest money is. Should I get a savings bond, a CD, invest in the stock market, or what? I would appreciate info from anyone that has info on the subject. |
 |
 
hogie0101
 |
It really depends on when and how you want access to the money.
Short term:
If you need access then a Savings account like www.emigrantdirect.com at 5.05% is a good place to start. Local bank savings will only be about 1 to 1.25% you would actually be losing money to inflation.
Mid term couple years:
CD's are OK but your money is tied especially if you want to beat 5.05% it will be longer than a year more like two years. If you have to have super safe then this is OK.
Better with some risk would be ETF's or no-load Mutual funds, look for no load funds like Vanguard and being young go for 8 to 10% historical returns.
Long term 4+ years
US Savings bonds, very secure but very long term with small return, may be 6% at best.
Being young again ETF's and Mutual Funds are a better choice and since long term is the goal go for more risk like funds that have 10 to 15% historical returns, again no-load funds.
It's good to start when you are young treat buying shares in an EFT or a mutual fund like buying stuff at the store. Think of them as stuff you want to buy like a new football, Shoes, stereo, etc… The difference between the Rich and the Poor is the rich buy assets and the poor buy liabilities.
For example
The poor spend $17 on a (music) CD that's worth $3 as soon as you leave the store and you can’t give it a way 20 years later. - A liability
The rich spend $17 on a stock that pays a small dividend starting a $0.25 a year and in twenty years is worth $98 and pays $2.50 in dividends a year
- An asset |
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zander1331
|
Go with the stock market. At a younger age you can be more aggressive and so have more risk. Some people would say look into mutual funds, but even those aren't aggressive enough.
Try looking into companies that you support that have a good product and room for growth. Research some companies by looking at their news and stock history. Pick out a few stocks so it will be diversified enough. Then get an account from Schwab or Scottrade to buy them. Reading up on the info may be a little time consuming, but it's very important. Learning is the best way to increase money.
For your account, get a Roth IRA to save for retirement. If your underage, you'll need a parent to control your account. |
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whattheheck
|
I would open a Free student savings account, and also buy some CD's so that the money is not easy to get ahold of. I wish you all the best =) I can't wait for my kids to think like you. |
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sigur ros
 |
hmmm.....have you tried to stop spending? |
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Brick
 |
This is good. A teenager with this interest so young. It is obvious you will do well in finances by this question.
You can see a whole lot of ideas on these answers from all of these people.
I would put small amount of monies in almost all of these different classes of money. Stocks, bonds, CD's savings, checking books etc.
the idea here is to see how all of these work so different in the growth of each. AND TO SEE WHAT MISTAKES YOU WILL MAKE. By making these mistakes with smaller piles of money will teach you a good lesson for the day when you may not want to make such mistakes.
Just remember these two truths.
1.Save
2, Diversify your assets. |
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shell answer man
|
it's easiest to save if you don't see the money - so if you can get direct deposit of your paycheck and then regular savings withdrawals from that same account to something such as ingdirect (as stated above, an online bank, and there are others) or if you're thinking longer term there's sharebuilder which allows you to buy small quantities of stock with regular investments. Unless you're really sure you want to put the money away for a longer period of time, I'd stay away from CDs - you can probably get better returns in stocks AND my local bank offers rates on 1 year CDs that just barely match ing's savings rate. Good luck. |
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Mark B
|
My answer is going to be very boring but really worth it in the long run. Invest whatever money you can into an IRA (Individual Retirement Account). If you started with an initial investment of $3000 when you were 15 years old and continued to invest $3000/year until you were 19, by the time you retire and, assuming a 10% return on investment, you would have more than $1.5 million.
Right now it may not seem glamourous, but right now in your life it is the best place to put it. Ask your parents to take you to a financial advisor and enjoy your future. |
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fastmoney
 |
I guess it would depend on what you are saving for. Long term or short term. Savings bonds, CD's and money market accounts with check writing privileges are all good investments. Though if you are looking for a better return try a no load mutual fund with no 12b-1 fees and a low expense ratio. good luck and remember the earlier you start saving the better. |
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Smartass
|
Here's a blog post, lowering your bills without using LowerMyBills.com
http://ivorypower.com/blog/?p=2903 |
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Alex K
 |
When it comes to finding ways to save, visit http://budgeting.usefulmaterial.com , particularly the article titled "How To Simplify Your Living Expenses"
For investing, read "Where Should I Put My Savings?": http://www.usefulmaterial.com/finance/Where_Should_I_Put_My_Savings_Different_Types_of_Investment_Accounts.html
Good luck |
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StarPower26
|
Bank Of America.com |
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LongArm
|
If you're investing for the long term, you should definitely invest in the stock market. You'll get the best return over time. This can be as simple as opening an account at a discount broker such as Scottrade and buying an index fund that tracks, say, the S&P 500. |
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I have the true answer.
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i know this is the time that you want to earn money,
try ingdirect.com for info on savings or cd's they have the best rates on saving money. |
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