 Where is the best place to invest 400,000 and travel around the worl and never have to work again, iam 55 ma? |
| i just want to sell my house and expect to get 400,000 euros i am fed up with owning property,.i just want to know a bank or institution that can maximise my interest,.i want over 12%per annum is ... |
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 How should I invest my money? What mutual funds are good? |
| I have about $50,000 I want to invest (or some portion of it). What mutual funds are good? I don't want to lose it, because I want to go to law school in a few years and want to buy a house.... |
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 If I have $50,000, what is a better decision? House or stocks? |
I know that over time stocks generally yield a higher return than houses do. So what is a better idea. Paying principal on a house on a loan with 5% interest or investing in the stock market.
P... |
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 What to do with 215,000 us $ ? |
what is better ?
to invest that money in mutual funds or to open for example a small Business ?... |
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 Would you agree that attempting to invest in stocks with only $1000 is counter productive...? |
| Since you would only make back a very small profit which commissions would immediately eat away.... |
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 How to get rich? |
where can i learn IT??
any websites??
IT trainings??
where can i buy computer books ???... |
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 If you're so smart, how come you're not rich? |
What are the missing ingredients??
Wall Street fabled sayings come to mind..
"Buy low and sell high"
"Nothing ventured, nothing gained"
"Don't ... |
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 ? for finance wiz. which is better pay off house or invest? |
I have a home loan 180,000 at 5.25% for 30 years. I could pay off the loan by the time i'm 57 if I pay 500 extra a month. i could then retire at that age.
or should I invest it in CD's ... |
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 I got a couple of hundred dollars, what should i do with it?? |
| i dont know if i should invest it or just keep it in the bank.... does anyone have a good solution to what i should do? and if i were to invest like in stocks or something, what would i have to do to?... |
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 My wife is gonna inhertance 400,000 how to invest it? |
| title says it all! What are your opinions how to invest it?... |
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 Where should i invest my money? |
| im watching all the advertisment on investment where should i go. which ones will make me money rather then lose it all in a short amount of time. how much do i need to start out ... |
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 Do these signs mean that the stock market is in dire straights? |
| I've heard that helium is up, but feathers are down. Paper is stationary, but pencils keep losing points. Elevators rise but escalators continue their slow decline. Switches are off and mining ... |
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islandgirl123 | How do you get rich? |
How do you get rich? Some say by saving money, others say by investing, others say by having a good occupation. If you think occupation is the key answer, then what do you think are the best industries to get to get into in australia? Also do you think being rich means not buying things like good mobiles and cars and plasma screen tv's when your young so you can i have it when your older and more financially stable? |
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Ron Berue
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It doesn't matter whether its your own business, investing in real estate or the stock market, this is how to accumulate wealth:
Integrity - being honest with one’s self as well as being honest with and to all others. NO kickbacks or stealing.
This, above all else: “To thine own self, be true!
And it must follow, as the night the day,
Thou canst not then be false to any man.”
William Shakespeare
W1] Buying or controlling the right investments
W2] at the right time and
W3] at the right price,
W4] holding on to the right investment[s] until they meet your financial goals and expectations,
W5] then selling them
W6] AND THEN re-investing your profits.
AND delegating authority and teaching others. THEN to make certain those things which you did correctly and helped you accumulate the wealth, following-up AND doing everything over again.
When they don’t meet your financial goals and expectations, you sell them. Believe me, this is not “cut and dry”.
A person should learn some things about the market and how it works. Through these sayings, I can tell you these facts:
A] There are no gifts in business or on Wall Street.
B] You are trading people. You are not trading stocks, real estate or any thing else.
C] Trees don't grow to Heaven. Neither do stocks or any other investments.
D] "Bulls earn money. Bears earn money. Pigs get fat. Hogs [greedy people] get slaughtered."
1] People earn money when the market or their investments go up.
2] People earn money when the market or their investments go down.
3] People earn money when the market or their investments go sideways.
I want everyone to know I DO NOT own any portion of this man’s estate, nor am I associated with him or any one else connected with him in any way. I am not part of the publishing company or an agent or anything else. This man does not know me from Adam AND I don’t know him. I know of him and the wonderful book he wrote. THIS IS NOT SPAM.
You should buy a copy of this book:
“The Richest Man in Babylon” by George S. Classon. You can get the book on http://amazon.com
Its very easy to read. Its very easy to follow. You can write in it. You can make notes in it. All you have to do is to read five [5] pages - Let’s count
1 - 2 - 3 - 4 - 5 pages of this book - or any book - each and every day.
OR You can leave it sit on the shelf, on a table or on the floor and let it collect dust.
Thanks for asking your Q! I enjoyed answering it!
VTY,
Ron Berue
Yes, that is my real last name! |
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Lala L
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work ur butt off |
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jonas s
 |
put as much of your money as possible into things that go up in value ( stocks, bonds , real estate, mutual funds)
use leverage smartly - mostly applies to real estate, if you are gonna invest in real estate , buy something you can rent out and are prepared to hold and manage for 20 years, 2 recession proof areas = college towns and hospitals, also make sure you buy and can pay expenses + 15% from rents collected
mutual funds - buy a mixed no load fund with an expense ration close to 1% and hold it for 20 years and if possible add $100-500 per month, fund should have atleast 10 year record of making over 5% annually without much volatility
stocks - buy blue chip stocks thru dididend reinvestment plans, BUD, K, JNJ are my main 3 ( Budweiser, Kellogg, Johnson and Johnson)
other than that buy a poweball ticket and pray |
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Don
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Unless you have a job that pays you a lot, it is highly unlikely you will be wealthy when you are young. The large majority of us have to give up certain luxuries when we are young, to have comfort when we are old.
Your first option, should be to open a retirement account. This is always a good investment, regardless
of who you are.
If you have fully funded your retirement account and would like other options, you should consider a DRIP Plan.
They are seldom recommended by brokers due to the low rate of commissions received. However, these
reinvestment plans can be very powerful long-term investments. Studies have shown that DRIP's are one of
the best strategies on Wall Street.
They are inexpensive and easy to start. New investors to the stock market should definitely consider a DRIP Plan.
Companies like Toyota, Royal Canadian Bank, Sony, Bank of America, General Electric and many other Blue Chip
Stocks can be purchased through your DRIP Plan, with as little as 1 share in most cases.
These long-term plans are great for beginners as well as veterans. Check them out.
Best of Luck |
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Val
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I wish I could help you but my expertise is based in the USA. Read my profile for kicks.
Spending habits have nothing to do with your success because if you were making it you would be spending it!!!
I bought my first limousine when I was 19 years old, don't follow the crowd follow your dreams and passions.
Val |
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Dave W
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It sounds like you pretty much already know the answer. The two keys factors in my view are:
1) Spend as little as possible while still living a reasonable life.
- Don't buy things you don't really need
--- Avoid the latest "hot" trendy fashions, gizmos, cars, etc.
--- Cook for yourself instead of eating in restaurants
--- Keep your old car as long as possible
- Buy the things you do need when they're on sale.
--- Find free or low-cost entertainment that you enjoy
--- Use coupons to save even more
2) Make your savings work to make more money. This means investing. Despite the ups and downs, over long time periods stocks have historically provided higher returns than any other asset class, so that's where I'd put my money.
Although it speeds up the process, a high-paying job is not a necessity. I've heard of people with modest incomes (janitors, schoolteachers, etc.) becoming millionaires by being frugal and investing wisely. |
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Lily
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I'd say investing and/or developing is the best way to becoming wealthy.
Good, well paying occupations can take YEARS to train for.
There's good dept and bad dept. Bad dept would be material items such as big tv's, mobiles, etc. Its also called dead money, as the item does not increase in price.
If your looking for money NOW i'd reccomend property developing. If you're looking for long term stability i'd go for property investing.
Your main key is research, have a look on the net. To get involved with property investing you have to have a lot of knowledge when it comes to managing your money, working with real estate person... and so much more.
My mum is currently investing in property, she has around 7-8 properties at the moment which she rents out. After she has paid the money off of all her houses her investments will be worth in excess of 1mil. |
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Horsetackinc
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Becoming rich is a loaded question. To some being rich is having a lot of money. To others, being rich is having many friends and experiences in life.
If you want the most money, save all you can and invest in international companies that have dividends and reinvest them. Exxon, Phillip Morris, Vale, AIG and Atria are all good examples.
If you have good math skills, maybe become a dealer in a casino. They make $20 - $30 and hour and have fun at work. Or complete your education and find some work that you will enjoy. If you can not enjoy doing your work, it is not worth getting rich.
Best of luck my friend. |
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MJ23 (RAW)
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I would try all of those ideas and this one as well.
Save 10% of you pay check and put it in a savings account and keep doing it for 20yrs and you will be amazed of what you saved. also 10 cents a day.
that is as followed
1day=10cents
7days=70cents
1month or 30days=$3.00 or 31days= $3.10
12months or 365days=$36.50 or 366days=$36.60
and do that over a 20yr. time frame this what you get
16yrs at $36.50=$584.00
4yrs at $36.60=$146.40
$548.00+$146.40=$730.40 then you add you 10% of paychecks. i am guess at this i would say you would have at least 10,000 give or take, |
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gobonzzo
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Save more than you spend, regardless what occupation you have. |
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ezmoney
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Start your own business. that is the best way. |
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Naren
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Hi friend.. There are some really a good way of making money online being at home.There is no need to pay at front.Just basic knowledge of internet is enough.Further it is much much better than online paid surveys & data entry..Just try it out there is nothing to lose since u r not going to pay.. Visit this = > http://get-freeonlinejobs.50webs.org |
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