Where will you invest $30,000.00 dollars any ideas? |
| Real Estate will be out because I don't have the extra money to pay extra mortage. thank you.... |
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Swiss Lottery..? Have i won...? |
hi all .
Sorry to sound daft , but iv just receved an Email from a Swiss lottery company that says iv won 3,000,000 Euro's...All they need is my full postal address to send the cheque..
... |
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Would this work? or am I an idiot? |
| I don't know much on the stock world, but say if you absolutely knew that a smaller company's new and hyped up product would sell by millions, why wouldn't put a load of money in the ... |
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How can I double $10,000 in a month? |
| I need to find the safest way to double $10,000 in approx one mth. All reasonable suggestions considered.... |
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I am getting a $13,000 inheritance? How should I go about investing? |
I am thinking about using $3,000 to pay off debts and catch up on some bills, and anticipate having $10,000 left to invest. Additional Details I am 44 and I work part time. I have no ... |
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I have 100 thousand dollars wat should i da wit it ? |
| should i give it 2 the person who bests answer this question or what should i do ?... |
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Who wants 8.9 Million Dollers? |
| I have recently went to my doctor to have a regular check up. Well it really wasn't, I went in feeling like a multi-millionair but when I left my Doctors I found out that I had cancer and wasn... |
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How can I invest in stocks wisely? |
which are the fields in which I can get more profit?
I would appreciate if you give me ... |
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I want to invest $2,000, tell me how please? |
Where should I invest my $2,000.
should I invest in a mutual fund or stocks.
Please tell me which mutual fund and a safe one.
Once I learn the game, I will invest more :)... |
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How can I turn 1 dollar into 2 dollars? |
| Without ever using more then that first initial dollar.... |
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Juan D B | I make about 1200 a month what should i do with my money? |
I do have some bills, and I also have a 401k thas doing excellent. I'm also interested in investing my money and let it work for me where do i get started. |
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Novice
 |
1. If your company matches your 401k contribution, at least put in enough money to get the max matching amount. Even if the matching % is just 10% (most likely more, as many companies match from 25% to 100%), it is 10% tax-deferred return there already.
2. Get out of debt: especially the high-interest and non-tax-deductible debts. If not because of the obvious benefit/return of 401k's company matching, getting out of debt is always your first priority in planning for your financial freedom.
3. Invest in real-estate: maybe not immediately due to the current plateau in the real-estate market; however, this is always something you should keep in mind. Don't just blindly invest in a house; instead you should look at your rental payment vs. your PTII payment, taking into consideration tax break/deduction, etc. and make a wise decision here. Beside these tangible things, owning a house also comes with intangible benefits, especially for families with kids, so you might take that into consideration also.
4. if still money left: more with 401k and 529-plan to plan ahead for your later days in life :-).
5. now we are talking about a bit more risk investment; start with mutual funds. I highly recommend you take a look at www.vanguard.com. Vanguard offers many no-load/very-low-free funds. Using it for a while will ease you into the financial investment world.
6. once you are familiar with mutual funds and their holding, you can take a bit more chance and invest in individual stocks or segments.
Good luck! |
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Jenyfer C
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Put as much as possible into your 401K. YOu should look into things such as Sharebuilder to start building a portfolio. It's very easy and you can do it all online. Also consider paying off some of your bills, but remember to save for yourself as well. |
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melodyanne1
 |
I make about 2400 a month and my hubby triples that and we're barely living, how do you survive on 1200 a month?
anyway.... if i were you i'd put as much as i could into 401k cause that will be a big part of your retirement and if you work somewhere else you can transfer your 401k.
Anyway... also make sure you have a good amount in savings and stuff.
Ameritrade is a place on line for stocks online. |
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taketwo
 |
save it wisely |
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SUZI S
 |
How do you live on $1,200/month? Pay the bills, if you can and if you have money left, put part in the 401(k) and perhaps some in stocks. |
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ghostpirate7
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How on earth do you live on 1200 a month. That's like 300 bucks a week before you worry about investment advice you may want to get a job that pays more than minimum wage. Once you get some real money I would suggest you get a savings account and then some mutual funds, art, real estate, and collectibles are good investments with low entrance thresh holds. |
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Screaming Eagle
 |
Put some into a Roth IRA |
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writ_rrr
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Pay off your bills first. That means utilities, groceries, house, car, gas. Anything left over, you might talk to your investment broker. If you have a 401K they have an investment broker that handles it, who may recommend something to help your money along, like a tax deferred IRA (individual retirement account). Or you could talk to a banker about a CD or opening another investment account. |
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Roni
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I'd start reading up on investing, in the mean time you could put it into a CD to start gaining some interest while you're learning to invest more diversly. |
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Big Bully
 |
$1200. 00 a month, instead of investing, how about start off with a saving account. you should set some money aside for an emergency. After you have enough in your account you should then look into investing your money. |
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beverly p
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Charity, send it all to me. Just Kidding! Pay your bills off, work on larger ones one at a time with a focus to get it paid off. Be frugal because you never know when life will change. Keep a reasonable amount of money in your savings or a checking account that pays interest. Investing in everyday business can be risky. If you want to be as safe as possible call your bank and inquire about T bills. They are very high yield pecuniary loans you make to your government. Even if interest rates fall, you still get back the % of interest promised to you and your principle. You may have to save awhile to afford a T bill, but they are good investments. There are a number ways to make the loan-choose the one that is most appealing to you. By ways, I mean that there are different lengths of time you lend the money out for and you can always "roll it over" or reup that investment when the period ends, should you choose to. You could use the intest to help pay bills or you could sock it away to save up and purchase another T bill, the choice is up to you. Best wishes. |
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someone
 |
you sure you don't mean a week???
1200/week
if you don't know what to do with your money perhaps you should give it to me |
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Captain Trips
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Save as much as you can and once you build up some cash, invest in a mutual fund and then make monthly/quarterly investments. I think an S&P index fund is a good place to start. |
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♥ Bekka ♥
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Give it to the poor, or you're local community, or just treat youself. |
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