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 What can I do to maximise my £500? |
| I have £500 and 1 month before I have to give it back. How can I make it "work" for me in the meantime? Want to make as much from it as I can.... (and I dont gamble)... |
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 Which is the best online trading portal for shares? |
| which is the best online trading portal for shares? i have been using icici. but it charges high brokerage. which is the best combination of good service, facilities and low bokerage?? plz help if ... |
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 What is a best way to invest a large chunk of money? |
| i dont want to invest it in stocks or savings accounts or nething but i have some money and i want to use it to start making more money without working......wats the best way to invest a large chunk ... |
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| I have an idea for a Christmas present for my newborn nephew, but I am not sure how to execute it. I'd like to start his investment porfolio by buying him a single share of stock. (I'm a ... |
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| please tell me in detail what are its advantages and disadvantages and who's mutual fund is best whether its tata, reliance, sbi or any other........ |
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| I have been looking at Share Builder with ING Direct but do not know anyone that has invested with them. Does anyone have experience investing with them?... |
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| There's a lot of talk today about the FTSE 100 being dragged into a 'bear' market. Can someone tell me what that means, and how it is different from a 'bull' market? How did ... |
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 Stock market? |
| does someone what to explain it to me? i'm planning on investing $800 a month into it, but i'm not quite sure how it works yet or anything haha. all i know is to buy when everyone sells, ... |
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 Why is trading Forex a scam? |
| I know there is the potential to make a lot of money but why have I not heard more about it on financial stations such as CNBC?... |
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 What to invest in or buy to make quick money from your saving? |
| My husband and I have a saving account and we only eraned 1.53 in the first quarter and that stinks.So We want to either invest it to make money now or buy something to resale and make money now..... |
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BIG T | I have 7,000 to invest..Any suggestions on what to do with it so I can get fast returns? |
and for all you ignorant a**es..No I don't sell drugs..I have a good job and I was able to save it..It took ma almost a year |
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Lori A
 |
The problem is that you use "invest" in the same sentence as "fast returns." You get "fast returns" by speculating, and yeah, that can be done and yes, you MIGHT make some money and you MIGHT even make more than it would sitting in a money market fund, AFTER taxes and trading costs.
But..anything that is speculative carries a ton of added risk, and I do mean TON. That risk is probably not worth it.
You don't say what your money is for or when you will want to be able to spend it. Time frame is everything when it comes to choosing the right investment. Over longer time periods (think 7-10 years as the minimum for long term), you can afford to take on bigger risks because the market tends to trend upwards, but in between now and then, it could go anywhere.
Plus lots of research has shown that in the long run, taking on extra risk generally does not equate to equally better returns (added returns worth the added risk)
How willing are you to assume the risk you could lose 10, 20 or 50% or more of your money? If you are seeking fast returns quick, you are indeed looking at that kind of loss potential.
I would suggest that you spend some time now learning how to invest or invest your time with a good broker. A good book on investing, even one with the silly title of "Investing for Dummies" is a great start. There are lots of others to choose from.
In the meantime, put it in a brokerage firm's money market fund. That will pay about the same as a CD and when interest rates rise, so will the rate on the account (and you can move your money when you want to without a penalty)
So..sorry to say but you don't have enough info there for a specific answer, but I gave you a good, honest one anyway. |
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agentdenim
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Careful with playing the stock market, since you could just as easily lose everything. Stocks are very high risk, and are just like gambling only with more paperwork. Do your research before buying sticks.
The safer investment in the long-term is a CD, and there are many online banks you can open CDs with that have great rates of return. CDs are safe as they guarantee their return; however the money you invest in them becomes locked up for the term of the deposit. Safer than stocks are bonds, which usually guarantee a slow but steady growth as long as you own them.
In-between stocks and bond are mutual funds, which are essentially groups of investors that you pay to manage and invest your money for you. They're pros, so typically they know how to watch the market and hopefully make good investment choices. They can be risky, but generally safer than individual stocks, and have a good potential for return. You could get with a fund manager like MetLife or Fidelity, they ought to have accounts for new investors, and should be able to help you create a nicely diversified investment portfolio. This would be my choice, personally, since I don't know enough about the stock market itself to invest in it. Managed funds usually cost a small fee to maintain, depending on your account. You could call them and research it a bit first before you make the jump.
Good luck! Saving and investing in your future is a great choice. |
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Nicole
 |
Great job saving! I'd say water --- more and more ppl are going with bottled water. Stock keeps rising in it all the time.
Good luck hope you do well |
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Ace
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you and I are in about the same shape, open a brokerage account and try some safe stocks, HD, CAT, should be good for a while. Hold some, do not invest it all ! |
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tellme2soon
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ASK SLICK VIC SAME SITE, AND YOU NEED TO GIVE THAT 7OOO BACK TO YOUR MA. |
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txhypnotist
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Open a share builder account for students and learn how and what stocks to buy. You can make a killing, Some report returns more than 400% in one year. Could you stand that much! |
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ernest j
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give the money to me and i'll figure out what to do with it.. |
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