Where Should I Invest $10,000? |
| I am a 17 year old high school student in Ontario, Canada. I have worked quite a bit the past few years and currently have $10,000 sitting in my bank account that I am looking to invest. I would like ... |
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coolguy | Hi! i am a 13 yr old boy.I want to invest my savings that is Rs.5000 .Please advice me.? |
I am a 13 year boy student of Delhi and want to invest my savings i.e Rs.5000 anywhere in stocks or in bank or in a Fd. I want maximum profit .Please advice me with your valuable suggestions so that i can get maximum profits.Mind you I am a student ,and living in delhi. and the place where i can invest easily. |
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DAN
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bank
excuse me........
how did u collect them !!!!!!!!!!!!!!!!!!!!!!!!!! |
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amith_bs
 |
IF U KNOW ABOUT STOCK MARKET FUNDA, INVEST IN MUTUAL FUNDS OR IF U WANNA B ON THE SAFER SIDE, INVEST IT IN FIXED DEPOSITS. U GET GOOD RETURNS NOWADAYS.. |
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diamond1755
 |
save it for school |
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shadowcamperz
 |
The safest method is thru the bank. Or you can invest in the sharemarket, if you learn economics. |
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pcreamer2000
 |
At 13 u could invest it and actually use the dividends or fund income from it to pay for college.
It would be stupid to simply save the $5000 as is for college only, when in 5-8 years he would have enough growth from that to litterly buy the college education out of investment.
And even if it didnt pay enough, the investment could litterally pay the bills as noted below: |
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just curious
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I think it is not the time for you to invest right now...
My sincere suggestion is that you keep saving your money till you are a big boy....
At that time you will have a bigger amount...
& enough brains where to spend.... |
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diamondspider
 |
Hmmm... good question.
Most investment advisers feel that the younger you are, the more aggressive should be your investment approach.
I would invest it in the India major stock market (Sensex)! India is a great investment in the longer run, and by putting it into a major index, it is a bit safer. Just don't plan to take it out for many years. It has been on a run and could "correct" and go down for a bit in the short term.
Good luck! |
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