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Additional Details
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Amandy | How would you invest $10,000? |
What would be the best way? |
 |
 
barry_robbins_98
|
I would see what the best investors are buying. I would make a list of about 15 stocks that I think are interesting. Then I would narrow the list down to 5 stocks, and invest $2,000 in each. You can see what the best investors are buying at http://www.top10traders.com - this is a free site that lets you create a portfolio of stocks with $100,000 in "play" money. Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors. You can also read posts on investing from the best traders, as well as share your own investing ideas. There is also a charting feature , so you can see how your portfolio performs compared to the S&P 500.
Here are this month's best traders:
http://www.top10traders.com/Top10Standings.aspx
Good luck. |
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Xfactor
 |
Buy stocks with half the amount. Put the other half in a Savings account. |
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Dr. H2O
|
Well you seem very young, early 20's or so. Best would be to invest in an Annuity. A 10 year annuity would be good. Mutual Funds are good to but risky. You could also establish a retirement account with it.
Or just write a check out in my name :) |
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Dick Richards
|
If you have limited knowledge about the markets, do it the easiest way....purchase a mutual fund. Most have min of $2500 to start. I would put $2500 into a large cap US growth fund, $2500 into mid to small cap US growth fund, $4000 into an international fund and a $1000 into a money market fund or CD...
Go get the current MONEY magazine on the racks and it lists all the mutual funds....Pick the ones with best 10 year or more averages and lowest fees......They don't all have to be in one fund family but that does make it easier to keep track if they are.
Good luck.
PS... this is assuming you wont be needing this money for awhile either. After the initial $10K of investment, I would start investing in the funds you pick on a regular basis by dollar cost averaging into them..(IE.....Dollar Cost Averaging is accomplished by simply investing the same amount of money at regularly scheduled intervals. As a result, you'll end up buying more shares when the price is low and fewer shares when the price is high. In fact, by participating in a plan of Dollar Cost Averaging, your average cost per share will always be less than the average price per share in a fluctuating market. ) |
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Paul
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Hi Amandy, I would recommend you to invest in stocks. Check the website below where you can learn about shares and stocks trading and also how to select best shares.
Hope it helps
http://money-review-site.com/shares.html
http://www.money-review-site.com |
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ImaYam
|
wow ur mad pretty AND hot........put it into oil stocks such as xom, and shipping cpmoanies |
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mek nab
|
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mrstockbond
|
Before investing in anything I would learn about those type of investments. Never listen to anybody before you check it out yourself and get the advise of others.
Since I am a trader, I would suggest you put your money in a diversified portfolio. Put about 60% in stocks, about 25% in ETFs, and 15% in CD. The sectors for your stocks should be technology (good time to buy now), financials, and healthcare.
Buy the book, "Understanding Wall Street", great book for beginners and read about technical/fundamental analysis at www.stockcharts.com. You can extend your research online as well.
Good luck. |
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Frank Castle
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I suggest you to open a brokerage account at TD Ameritrade or E*Trade and invest in ETFs. |
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emucompboy
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1. I would buy you a dozen red roses.
2. With what's left of the money, I'd put it into a mutual fund that has the word "value" in its name. |
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hammy sammy
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i would invest it in a trustee company for one year. |
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