 Whats the best non-risk Investment with £20000? |
| If you had a hyperthetical £20000 what would be the safest bet, start a small business ? invest in stocks & shares ? antiques ? It has to be invested in other than a bank. I... |
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 Reccomend a book for Investing? |
| Stocks, Mutuals, etc. All that good stuff. I learned this in class, but its not enough to give me a full understanding and not enough to make me feel like I'm ready. (Plus I didn't pay much ... |
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 I have 100 dollars to invest,what is my best bet? |
| This is all new to me and I am looking for info on who,what why where on ... |
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 What would you do with 2 grand? |
| I have 2,000 dollars that i got for a bonus from working, i want to invest but in what? any ideas guys, if you say stock can you tell me where i can buy stock? ... |
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 What is the best country to invest in.? |
| People were talking about investing in other countries such as China, Brasil, Ireland, Mongolia,,,..... |
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 What should I do with my extra income? |
| I have a great job and great opportunity to invest. I work at a college and bring home about $1450 a month. My housing is paid for by the school. I have an apartment on-campus and a meal plan ... |
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 Is a 20% rate of return good since jan till now? |
Additional Details
Thanks ,Jake it is my hubbies 401k and I picked the distribution and wasnt sure if I did good with my choice.... |
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 Iv got 5 grand siting in my natwest account whats the best thing i can do with it to increase its interest? |
iv thought about isas and high interest accounts but i dont really know the deal with them
i thought well its just sitting ther it might as well be earning me ... |
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 What should I do with $100,000? |
| Should I buy an established business or buy a rental property?... |
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 Need to make money online? |
| something simple. Not much hassle or dealing with public exctra.... |
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 What is investment, how do i do it and what are the risks? Also is £2000 enough to start with? |
| I have absolutely no idea what i'm doing but would like to give it a try, ow does it work and what should i do?... |
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 Where can you buy shares? |
| and what is worth investing today?... |
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 Vending machines? |
| Im looking for ways to make money in somewhat passive income. When i asked around many people i talked to said that vending machines is a great market. They were saying that with only four vending ... |
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tmachawkfan | How much would I have to save to be a millionaire in 5 years? |
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dawn18417
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5 years is 365 days times five is 1825 days so if you can save 547.95 every single day you will then have your one million dollars.Of course this would be before taxes also did not count leap year so if we count that then you only need 547.64 every single day.If this in under your mattress and not earning interest.If you are earning interest then you can save a little less about 526.03 every single day.Interest rate is 4 percent.Hey you could do it open a laundry mat so you can still make money while you are sleeping. |
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Marty N
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Here's my $0.02...
If you knew a stock that could go 20:1 in 3 months and did this twice (2 years...once per year), you would only need $3000 dollars and 2 years. (Some Penny Stocks do a lot better, trust me).
In actuality, the answer you is "..as much as you have; but the key is expanding your investment and financial education".
Marty Nickison II |
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FRod
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The equation:
5/$1,000,00= $200,000 |
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Eve
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LOL and when you figure out how to do that let me in on it too...I could sure use the break! :~) |
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NapWala
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It all depends on where you will put your savings. Let me make an assumption here.
You will put it in stock funds and lets assume 10% return on that. But remember stock market is for long term investment. Its almost impossible to get 10% returns for the next 5 years. But anyways, lets assume that.
In this case, if you save 12,000 a month and at the end of each month, you put the savings in stock funds and reinvest any returns, you will have one million by end of 5 years
As I said this is very very impractical assumption. So, let us assume you will invest money in some sort of investment (I do not know where), which will give you a 8% return. in this case, you will have to save 15,000 a month
Now lets take a conservative approach, you will earn 6% returns. In this case, you will have to save about 16,000 a month.
All the best my friend. Tell me where you are able to get 16k per month from. I will join you. I will not forget to pay you your cut :-) |
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s_samons2000
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A million dollars, duh |
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Albannach
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You would have to net $200,000 a year. |
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badotisthecat
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$200,000.00 per year |
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anastasia
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a million dollars |
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Gods-Gift-uk
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you would have to save about $16,666 a month, Good Luck |
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da_hammerhead
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a million dolllars |
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beth81962
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about $547.95 a day |
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