c_schumacker
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1. Figure out your aversion to risk...are you a person who would sweat a higher risk investment everyday? If so, it isn't worth it.
2. Determine your goals (Making as much as possible without loosing it is not really a goal). They need to be concrete, like I need $1.5M to retire...how much time do I have to invest?, what return do I need?, how much do I intend to invest additionally?
3. Sit down with a "Kiplinger's" (a magazine) for a few months and get a handle on what investments might make sense for you. They list the best mutual funds monthly among plenty of other financial advice.
After you have done all of that prep work, you should have a good idea of what investments might fit into your plan.
Then you can go to a broker at a discount brokerage house. You can listen to what they recommend but research it very thoroughly before you invest. They do give biased advice sometimes. The advantage is that making purchases and trades are generally cheaper (besides you've already done the hard work above...if you don't want to do the work, go to a full service broker or pay a financial planner he/she will do the work for you, for a fee)
Good luck. |
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Dr Dee
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Buy a rental property which earns enough rent to pay the mortgage off in a couple of years. When you are old, you could probably live off the rental income of this property. |
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Frank Castle
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I suggest you to open a brokerage and margin and option account at TD Ameritrade and invest in the Stock Market with the help of a Financial Advisor like myself.
Top 3 Answerer in Business & Finance. (Vote for me) |
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DxB
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oen a small bussiness that u enjoy |
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♥~Nikki~♥
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Wow i could use that, but invest it in those stocks. thats what people seem to do these days. |
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robertlucky@sbcglobal.net
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Take it to a casino and let it ride on red. |
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miasophia
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I'll hold on to it for you! |
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the_wolf_man_uk2002
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wisely look at your options or invest in different things |
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It's just me!!!
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Get more education, Get a better job, and earn a lot more than $50,000.00. |
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supermodel_in_ohio
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in my bank account! |
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tejah87
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Send it to me. I will invest it in my corporation. We make sure i only have the best of everything. |
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KYRealEstateGuy
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It looks like you have a series of bad answers so here is one that gives you some real advice:
1) Mutual Funds - look for one that has an acceptable risk level and let the fund do the work.
2) Stocks - You can manage a stock portfolio yourself if you have the know how and desire.
3) Real Estate - Buy an investment property and fix it up to sell of rent it out for some continuouse cash flow
4) CD - low interst rate low risk
5) Prosper.com - you can make some personal loans to other at the risk level you desire.
I hope this helps. |
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gladiator27m
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It depends upon ur location.
In a stock exchange or mutual funds , but only in emerging markets like south east asia and russia.
Property , but that depends upon as stated earlier on ur loc and whether 50000 is enough to buy property.
In some business , but that depends upon ur research of the area of business.
Make the question more ellaborate, as there r tone of ideas for investment but they all depend upon various factors |
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pearldrummer830
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eat it |
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hippieguitarist420
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Don't listen to these idiots. $50,000 is a lot of money. You need to talk with a financial advisor (not just idiots on the internet) and he will help you find a good investment for your money. The most profitable return would be to invest in pharmacuticals. |
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mandp
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I guess this is a joke or you wouldn't be going to Yahoo to ask this question you would be going to someone like a financial planner. |
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jnwht23
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50000 isnt that much to invest... |
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Christian S
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Spend it whilst you can... you may get hit by a bus tomorrow or die of a heart attack |
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SMH
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Try at the bank with a cd, it's safer then stocks and bons, and more intrest than a bank account. |
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Hooty7
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Try investing in some real estate some where in the south that was hit by the storms last year.... |
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waxed_fun
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Buy a large property on ebay and turn it into a flea market!
50,000 dollars is alot of money! If you know how to use it
you will never have to work again
If you need help/ideas, I was rasied in the flea market world my whole life!! Investigator_4_hire@yahoo.com |
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Й†ćĶ
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do whatever u like but DON'T play with stocks or "specialy" currencies "forex markets".. you will end up with nothing in a very short time! |
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