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 I just came into $2000.I really want to invest it.But I dont know where to start.Any tips?
I am thinking about stocks or mutual funds.If anyone got any experience in these thing, I'd really appreciate it.
Additional Details
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Cee
I got 10 grand what should i invest it in??
should i buy a cadillac? invest it in stocks? or what?? what can i do with this 10 grand..
                     
 




Jeff
Debt repayment, first.

Emergency fund, second.
(6 month's expenses covered, with cash in the bank)

Stocks, third.


Diesel777
Rating
Do you like to travel? If it were me, I would travel to Australia, the Maldives, and Italy.


*♥Boyfriendless.♥*
Rating
whatever you enjoy the most nobody but yourself can answer that question good luck!!


mnid007
I don't believe you!

Even if it was true, investment is too iffy right now. Bonds are about the only safe thing right now but they don't pay out much. I would put it in the back and wait out the recession.


Yellow Diamond
Rating
buy emerging market fund or Asia fund exclude Japan. Hold it for 5 years.


Sir Percival Blakeney Baronet
Put it in a bank account, wait until there is a stock market crash and then buy some low risk stocks.


guss99
Rating
If you were in the USA I would suggest investing in a well diversitised no load mutual fund. You can invest directly in these funds and skip a broker.


kayaker412000
Rating
Put a large part in something secure with a slow yield like a CD. If you want to try something a little risky then buy some stocks.


Bernie K
I'm older, so I'd put it into a CD or Bonds.
If you are younger, you might be more agressive and look at something paying a higher return.


chaserchuk
Rating
MY ADVICE WOULD BE TO LISTEN TO JEFF. He has the best answer.


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