 I have $1500 and i want to invest it what should i do?? |
I currently have $1500 dollars and i want to invest it. Any Idea's??
Like should i invest in stock market? silver? mutual fund? old baseball card?? any suggestions would be nice.... |
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 How Do i Invest In share Market & .....? |
| I want to Invest in share market,but how do i start & how much money is required,can i start from Rs500 or i need ... |
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 What is a bank branch? |
| I'm trying to sign up for direct deposit with my employer, and the online form won't let me continue until I enter my "bank branch". I have no idea what it's asking for. A ... |
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 What should i put in my wallet? |
| It is pretty bare. I got a couple of pictures, but other than that it is empty and boring.... |
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 Does anyone know if the Kennedy dollar is worth? |
more than $1.00
Additional Details
sorry I meant half dollar
one says 1992
the other says
1776-1976... |
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 Do you believe in the validity of chart analysis or is it all mambo jumbo and all a confidence trick? |
Those who make presentations on the subject are of course "predicting the past" and are always right !
But whenever I try it on current prices, I find that the lines can be drawn any ... |
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 Should I invest or what can I do with $1000?? |
I won a scholarship of $1000. I got all the amount in the scholarship check.
What should I do to make more money within $1000?
Can you tell me in a little bit more detail and ... |
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 Need advice on premium bonds ? |
| I have been investing money into premium bonds every month for the last two years , I have had a poor return on it , only 150 pound wins in two years , However I am aware that the odds are 24000 to 1 ... |
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 How to guess up and downs in market? |
| i want to know how to predict up and downs in market.How to buy a stock and what level.How to analyse the market and stocks.... |
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 Where shall I get training on online trading and about the share, and share markets.? |
| I am in Bangalore. I would be thankful to u if u suggest me some institution where they provide training (short perioid) so that i completely learn about the share market what is going on in it. To ... |
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qwertyness85 | If I have a $14,000 and being only 21, what should I invest my money in to get the most worth over time? |
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INACTIVE
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I would suggest a Roth IRA that works with after tax monies. Invest in mutual funds for long term gain. After 5 years you can take money out in the event of need without losing what you would with a 401K plan. They may have limits on how much you can contribute. Diversify that $14,000 into different accounts like a higher yield one year CD with some of it, a ROTH IRA with some of it, pay off any existing debts you may have, etc. You've heard "don't put all your eggs in one basket." |
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muncie birder
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You received a couple of answers suggesting investing in a home. That is only a good idea if you have an income flow to support the mortgage payment, taxes, utilites and insurance. And in today's market those payments will be substancial.
If you will not be needing the funds for a while and also have other funds being generated, then investing is a good idea. Now since this is a somewhat limited amount of money and I assume all of your capital assets, you do not want to invest it where you could wind up loosing a significant portion of your investment.
That leaves you only one alternative. Mutual funds or index funds. Either will allow you to invest the amount you have in a diversified pool of investments and minimize the risk of suffering a large loss.
I would suggest breaking the money into 5 pools. Invest each pool into a separate good mutual fund or index fund that has a different investment style from the others. For example a large cap fund, a small cap fund, a value fund, a foreign stock fund, and perhaps a money market fund. You can then add more money as more becomes available. |
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James M
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Well, depending upon where you live, a down payment on a home would be a great option. |
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4xMoneytrain.com
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The best investment opportunity can be found at http://www.4xmoneytrain.com
You determine your own rate of return and a revolutionary software tells you exactly what to do at your broker's trading platform which does 95% of the work for you. The software uses a hedging system that allows the broker's platform to always buy low and sell high thereby locking in profits from the fluctuations in the market.
Take a look at the product video. |
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barry_robbins_98
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You might consider Energy Conversion Devices, symbol ENER. They make flexible solar panels and the batteries in hybrid cars. This is a great company. I own it myself and will be buying more. Here is a summary of their business:
http://www.top10traders.com/ViewPost.aspx?postID=197
This is from http://www.top10traders.com - this is a free site that lets you create a portfolio of stocks with $100,000 in "play" money. Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors. You can also read posts on investing from the best traders, as well as share your own investing ideas.
Here are this month's best traders:
http://www.top10traders.com/Top10Standings.aspx
Good luck. |
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denxxchua
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Since your young, invest it in a business. You'll have quite a large pool of knowledge by the time your 30-35. |
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Kitty
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A mutual fund within an IRA is what I would do with it. There is a limit on all IRA's, and they vary, but you could contribute over a couple of years to get it all in there.
Just think what 40 years of interest earning would do for that little fund!!!! |
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Overtaxed
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Open an on-line brokerage account with Fidelity or Schwab. Send them a check for your full investment. Go on-line and buy 2 or 3 mutual funds such as small cap fund, dividend fund, etc. Or buy some ETF's, that act similar to mutual funds. I would suggest you keep some of the money in a Money market fund in the brokerage account. I don't know what Schwab is paying now, but Fidelity is paying 5%. |
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Supra1Q
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Buy Jim Cramer's 2 most recent books and read them....watch Mad Money on CNBC nightly at 6pmEST.....follow the investment advice religiously. Roth IRA is good if you don't plan on touching the money for 5 years. I suggest putting a portion in Roth, and rest in regular account where you can pull out profits for other use, both of which can be set up with on line broker. |
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vegas_iwish
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An IRA is not an investment. What you put in the Roth IRA IS the investment. Make sure it is not a bank cd. No cds outside an IRA as well-will lose purchasing power vs taxes & inflation. Go to schwab.com & start investing vs speculating. ADX PEO EWA EAF all solid holding 9 I like 1st 2 most) + add some gold when you have a chance. |
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?
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A home is a good idea but unless you make a lot of money you need a bigger down payment . At your age you should start investing in mutual funds and add to it each month. This will build up over time if you reinvest all dividends and capital gains. Vanguard has some very good low cost funds and you wont pay any commissions. When the market goes down don't sell out buy more at the lower price. At 21 you can go into a good stock fund for the best results over the long term. Vanguard will help you with this. Keep some money in your savings account in case you need something you don't want to sell your fund shares at a time the market is down. Good Luck. |
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MR MONEY
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There are a lot of people that will tell you that buying a home is the "best investment" they have ever made. That is usually becuase it is the only investment that they have.
Historically, home increase in value 6% to 7% per year. Due to the huge increase in values over the past 5 years, home values will be stable or decrease for the next 5 years.
I agree with the other users that suggested mutual fund investments. Get started on a retirement account. Starting young can allow you to retire alot younger than if you wait until you're 30. Mutual funds return roughly 12% over long periods of time (if you include up and down markets). If you ask an advisor, they could show you some actively managed funds that will outperform the vanguard (passive) funds over long periods of time. Good Luck |
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xeno277
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"Young investors have time, but no patience. Older investors have patience, but no time."
Just be patient, don't get caught up in the Cramer hype. Buy stocks in industry leaders. When you get older, you will have enough to either buy a nice home or buy or start a new business.
Buy stocks that are growing and pay a dividend.
At 14k, this is how I would play it:
3000 Certificate of Deposit (from a bank in your area)
3000 in a safe company such as SYY, CAT, GE.
3000 in stock of a tech company like Ebay or MSFT.
3000 in stock of a company you know, like, or follow.
2000 in cash (buy your girlfriend something nice)
Happy Holidays |
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Frank Castle
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I suggest an MBA. |
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