 Is it possible to invest only $2,000.00 and make some money off of it to do it again.? |
| I am a middle aged woman teaching English in Korea trying to get some money together as I have none for my future. I get scared! Surely there must be a way to invest small amounts of money and keep ... |
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 I want to invest long term for at least 18-20 yrs... Any Suggestions? |
| I want to invest long term for at least 18-20 yrs. can pay 20k per annum. Any Suggestions??? MF???... |
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 Some advice on Day Trading ? |
I have recently been looking into day trading and would be grateful for any advice into the technicalities and what to look out for and best places on the web to find information ?
Thanks for ... |
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 Sell my cottage now or keep it as investment and sell later on? |
I own a lake-front cottage near Grand Bend, Ontario Canada that was recently appraised at $ 575,000.
My question quite simply is should I sell it now because from what I understand real ... |
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 If you had 300k..what would you invest in?? |
| I know about money market accounts and CDs, but looking for something with littler higher return and don't want to take big risk of losing my principle. what are my options? Are there ... |
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 Anyone ever won on the premium bonds? |
| I`m thinking of buying some. What`s the chances of winning?... |
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 Is this the best time to buy stocks? |
| Now that the market is so low is this time to buy stocks? I would think that the economy should be getting better within the next few years to sell and make some profit. Does anyone think this is bad ... |
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 Making money from internet is real or fake claim ? |
| If it is true, how and where to start and please refer some sites.... |
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 How would you invest US$100 today? |
| For the highest yield at the shortest possible time.... |
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momprotect | How would you invest 100K? |
I will be recieving a divorce settlement ranging from 100K to 200K. It needs to last a lifetime, but I also need access to some money for household rainy day repairs & etc. |
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VinTek
|
I think Joe gives the best advice I've seen on this question so far, except my choice of fund families would be Vanguard, T Rowe Price and Fidelity. TIAA-CREF in increasing their expenses by a large amount.
Also, you don't say if you are working . This makes a difference, as it may affect if you will be putting money into a 401(k) or a Roth IRA.
Before you commit a nickel to a financial advisor, get yourself an elementary education in personal finance. Believe this: no one is going to care as much about your money as you are. No one is going to watch it as closely as you are, especially someone who's got multiple accounts to look after. So get yourself a foundation, so you'll know if someone is actually giving you good advice or not. Personally, I recommend "The Only Investment Guide You'll Ever Need" by Andrew Tobias. It'll give you an overview of everything you need to know (stocks, bonds, real estate, insurance, etc.). Then you can decide if you need a deeper education in anything. Good luck! |
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kinsey_ad
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Split it into several pools. Take about 10K or so, at most, and put it into a high-interest savings account, so you can access it easily. Make sure to get a savings account that will actually let you write checks from it. Several banks offer that option, although you can usually only write 2 or 3 checks per month from the account.
Then, take the rest and invest in some good mutual funds. Look for funds that are at least 8-10 years old and have a return since inception of 10-12% or higher. Try finding an international mutual fund, a small-mid cap mutual fund, and a large-cap mutual fund, to divide your money up.
That should provide you with pretty good coverage, your bank account will give you immediate access to cash, and the mutual funds should grow very nicely and provide you with residual income for the rest of your life. |
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JOSHZILLA
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Do some homework. Go to msn money. You will want to put some in the stock market, CD's, bonds, and high yield savings accounts. Ing and capital one both have 4.25% interest currently with no fees and no minimums. That's the way to go if you need some money you can get to on short notice without penalty. |
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Robert M
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I agree with several other people about setting your rainy day money in a money market or CD and investing the rest in diversified portfolio of mutual funds. You can find a fee only financial planner that is independent and won’t charge you a commission to help you with your asset allocation. Check out http://www.napfa.org to find a planner in your area. Good luck |
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devildog29
 |
I agree with some of the other responses. You have to find a competent adviser to help you. Don't just go on credentials alone. Interview each adviser and when deciding which one is right for you look for the one who asks you questions about you, your life, your plans, etc. This is a person who will better understand how you tick and be able to help you reach your goals. Anyone who advises you where to put your money based solely on return or tells you he/she has the perfect place for it in your first meeting is not the right guy. Avoid advice from the internet, magazines, TV and friends. Those are all blanket advice with no knowledge of your personal situation. You have to have someone who knows you or can get to know you help you. |
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Dad
 |
I wouldn't make the decision based on internet advice from strangers who know nothing about me, my life, my family, my wishes and needs.
I'd find a good financial advisor. Best way is to ask people you know who are good with money. I'm lucky, my best buddy of my life happens to be a CFP and not only would I trust him to raise my kids, he's also dam good with money. Find somebody like that. |
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forestgrovejerry
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Very good question. I would put away 50% for emergencies.
Then locate a professional investor. Research, the people that
you interview.
I have a family member who made $115,000 profit on the sale
of a house. In one year it was gone. She never though that was
possible. Be very wise my dear!!! Best to you.
Sincerely, Jerry |
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Joe
 |
First, I would pay off all high interest debt. Pay off everything you can except the house mortgage and student loans. (Consider paying off mortgage and student loans, too especially if the interest rates are high.) Paying off debt is one of the best investments you can make. You will have more money in the future because you won't have credit card bills to pay
With the money left, start investing in stocks, bonds, and money market funds. You want to buy a diversified portfolio of stocks, as individual stocks are too risky. For most folks this means buying mutual funds. I like Vanguard.com, other people like Fidelity, TIAA-CREF, and DFA. Buy no-load, low cost funds. If you are like most people you will invest part of your money conservatively, in money market funds and bond funds, and part aggressively in stock funds. Vanguard.com has an on-line questionnaire which will give you an idea how aggressive you want to be.
Investing in a mutual fund IRA for retirement may give you an income tax break. Talk to your tax adviser. You may also be able to invest in a stock mutual fund via a 401K plan at work. Buying a house instead of renting will make you a lot of money in the long run.
Believing advice you get on Yahoo answers can be risky, so read these websites for further information. If you find it too confusing, contact a professional financial advisor. They will charge you significant commissions, however. |
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Shadar
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Invest in solid companies that have a strong track record. Look into long-term investement instead of short-term gain. With the dividends that you'll get off of the stocks, have these go back into buying more stock in the company, making your investment increase. As you need to make rainy day repairs, you can sell some stock for cash value. |
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stuti
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Dear,
start a good business if u are interested then let me know i will help u.
contact at sophy_panda@yahoomail.com |
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cancan
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Hello, I do know this, that $100,000 sounds like a lot of money - and is, if you don't have to live on it. What to do with it may depend on your age, and what your experiences are and what you like to do in life. If you use it for everyday living that's not investing and it will be gone before you know it.
You can look into an REIT (real estate fund) or possibly some tax certificate sales. These can get you 10 to 18% return per year. Different states have different rates etc.
You can put it in the Bank and get 2 to 5% or some real estate, (if you know a little about fixing up property), leverage your money. ie. instead of buying one house for 100,000, buy 10 houses with 10% down. You will need credit and cash returns. |
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thebigm57
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I am not going to recommend a product online as that would violate someone trying to make a living recommeding products liveleyhood. What I will say is find a good fee based financial planner to work with and PLAN. |
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