 Investing before saving or debt payoff? |
I know conventional wisdom says 1) Pay off debt 2) Save money 3) Emergency supply of liquid assets 4)then start investing, but is it a bad idea to "play" with investing at this stage?
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| Why would anyone ever buy a fund with a load? |
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| I only have a small sum of money, about $400...I wanted to buy some stock but nothing risky...whats a safe stock to buy that will produce some profit in a relatively short time (about 1 to 1.5 years)?... |
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 Experts say the US dollar is going to go bankrupt in 5-15 years. Is this true? |
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| My entire family is selling this week. My co-workers are transferring their 401K portfolio to money market and guarnteed investment funds. I ride the train down town in Chicago, and the traders ... |
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 What is a legitimate and worthwhile investment of $15,000 for 2-3 weeks? |
| We sold one house and we have exactly 3 weeks before the next closing. We will need that money for the next closing, but wanted to do something to make a little more money instead of just letting it ... |
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fen_wolf2003 | I have £5000? |
hello i have £5000 pounds not a lot really, im after a quick return, high yield investment, so i can grow this sum. any jokes about drug deals etc ha ha in advance
Additional Details
did I mention i want sensible answers??? |
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Cathy
 |
To achieve excellent returns on your investments it is important to adopt the right investing strategies. I suggest you invest in shares as they give you very high returns .To Learn more about shares and stock trading check the website link below.
http://www.smart-investments.org/Best-Stock-Investments/How-To-Invest-In-Stock.php
http://money-review-site.com/shares.html |
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jduck1979
 |
Option #1 - Loan it out at interest rates you choose via ZOPA.com
http://www.zopa.com/ZopaWeb/affiliate/?referral=duck1979
Option #2 - Open a HALIFAX SHAREBUILDER sharedealing account http://www.halifax.co.uk/sharedealing/sharebuilder.asp
Stick it on one of these companies
HBOS (HBOS.L)
Royal Bank of Scotland (RBS.L)
Manganese Bronze (MNGS.L)
Open a sharedealing account @ iWeb, which will let you trade shares worldwide
https://share-dealing.iwebsharedealing.co.uk/sharedealing/public/sdsharedealing.asp
Which will then allow you to invest in US traded stocks, such as
GOOGLE (GOOG)
Toyota (TM)
Walmart (WMT)
Anheuser-Busch (BUD) - makers of Budweiser
McDonalds (MCD)
Coca Cola Co. (KO)
Pepsi Bottling Group (PBG)
Honda Motor Co (HMC) |
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Blondie08
|
I'd go with a property fund (try New Star), I'm not sure how quick the return is, but its always good. |
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bluecow
|
get urself an ISA....fund choice = anything to do with CHINA ..i.e. Jupitor China...or....Gartmore Hong Kong and China Fund..
can't really go wrong..... |
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topdawgco97
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Quick Return = ? (days? months? years?) The thing you have to remember that the higher the payout or the shorter the time on that payout takes down the reliability of the investment. |
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Rich T
 |
Premium bonds are a safe way. You wont lose money, and could gain it. |
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francepoet
|
keep them
and do what you whant you whant
you should ask the best ritgh now funck hoo bro |
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William M
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Select an area of finance that particularly interests you and research it. I personally think the best thing you can do with £5000 is to put it in a fund that invests in developing regions such as china, india or perhaps vietnam.
The best thing to do to minimise risk would be to spread your investment. I suggest £2000 on the stock market £2000 in a fund and £1000 on premium bonds.
After a bit if you fancy taking on more risk borrow against your assets, you could make a lot more money by doing this, but make sure its right for you because this comes with a lot of risk. However I would wait a few months first to build your confidence and make sure its right for you before you decide to do this.
Just remember firstly though only to take a level of risk that you are comfortable with.
Good Luck! |
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ChrisP
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Any investment where you are after a high yeild or quick return will also be high risk.
So investment in Tesco for instance would be good as you are almost gaurranteed a growth but how quick this would be is left to the gods. |
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andy86
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put it all on a single red or black spin at the roulette wheel. lol |
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KANGA
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I'm your friend never forget that ;o) |
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super-moose the homophobe
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invest it in my beer fund, im almost out
or, failing that, the RSPCHM (Royal Society for the Prevention of Cruelty to the Homophobic Moose) |
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Adam
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if, and i mean IF your confident enough!
i send a couple of pound a month to William Hill and bet on Man Utd Arsenal and Chelsea to win, it's almost a double ya money bet!
Saying that i've lost a few times and normally lose playing on the games, but at least it keeps me busy at work!
one weekend and £10k, but risky very risky! |
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