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 I acquired 96K Im 18 want to invest it but dont know where to begin, thinking about gold any tips?

Additional Details
Its okay my grandma died and left me a share of her money!...


 Whats the best way to get money?
I need Idea's.
I'm to young to get a job, and no one asks me to babysit......


 I'm saving up for a Chihuahua. I need some Ideas on how to raise money?
I'm saving up for a Chihuahua. I need some Ideas on how to raise money?
I'm 13 years old and I'm saving up for a Chihuahua. I need the money soon. I need $175. My mom told me if I ...


 How would you invest £1000 pounds?
no silly answers please and if you're going to say shares, then how do i begin? Who gives me my money? thanks :)
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$2,014
http://finance.yahoo.com...


 What would you do?
What would you do if you had 50 million dollars?just for fun.. question.. (i didnt really know where to place a question like this so...)...


 I have like 5 grand to invest.?
can be long and short term. I dont really want to play the stock markets because i dont know what im doing.

any ideas

and no I wont give it to you ...


 1. Does anyone know any ligitimate website to make money online?
Hi, I'm a mom looking to make extra income from home. Can anyone help? Do you know any work at home website that really pays?...


 Is it better to pay off an $11k balance on an 11% credit card or max out my Roth IRA this year?
I currently have $11k left on my 11%APR credit card. I'm thinking of paying that off and not investing any funds towards my Roth IRA this year. Otherwise, I could put $4k in the Roth and $7k ...


 I would like to purchase stocks what should i do?
i have no idea about stocks but i want to invest in some so if someone could school me in stocks that would be great any tips jus leave ...


 Its easy to find the stock that move the highest % or volume but i want to find a way to see which stocks?
move the most $. I know GOOG, AAPL, RIMM can move $20 or mre a day but where's the list of ALL these money movers? I much rather buy fewer shares that move $ than thousands of shares that move ...


 What plans for how to spend it can you think of?
I'm inheriting over 16 Million Dollars and personally I'd like to figure a way to invest it so that I can make more money. I'm thinking gold bullion but I'm not sure how much of ...


 If I gave you $100,000 today, what would you do with that to live the rest of your life w/o a "regular" job?
Obviously if you spent it on clothes for yourself or something silly like that, you wouldn't be able to survive for the rest of your life......


 I have 3000$ to invest what should i do with it since the stock market is not going so well?
...


 What are the top ROTH IRA companies?
I'm trying to figure out which company i wana put my money in. I just graduated from college and want to start putting money in a ROTH IRA....


 What is the better way to invest my money?
who knows what is better to buy certificates or shares or just put money on ISA Acc.?...


 What is Money?
...


 Best investment...need advice?
Hi,

I have $20,000 in my bank account. I'm looking for the best way to keep the money I already have, and also make some money off of it. I was hoping to be able to make at least ...


 To the people who Know about money....HELP!?
ok so i have saved 3grand in the bank...its in a savings account... how can i make this money grow by minumum 25% in one year???
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ok sounds like 25% is not possible.. ...


 How would you invest £65,000 if you had it?
Any serious suggestions?...


 Just received an out-of-court settlement for $250k,... what's the smartest investment I could make?
I'm a 52 year old divorced mother of a teenager. Currently earning 30k/yr... I have $25,000 in my retirement acct., and about $8,000 set aside for my daughter's education. I don't ...



I HATE JESSICA
If i put 100,000 in the bank and invest it what would happen?
i dont really know about this stuff but i live in Michigan and how much money would i get a year in it or a month or w/e
Additional Details
well what about intrest
                     
 




dredude52
Sounds to me like you would lose your shirt if you invest it.

But if you put it in the bank, as you propose, you would earn interest.

Investing and banking are two seaparate things.


cool beans
go with him above me


odorisio2004
depending on the inteest rates at that bank, they vary from 18% to24%


f m
Invest in a low cost / budget mobile telecom company, like "EasyJet" (Europe) dit it with the airline company.


joyfuloctopus
I'm not sure whether you intend to ask how compound interest works or how investing works. For the latter, find someone in the financial industry to help you. For the former, the general formula is A = P(1 + r/n)^(nt), where P = principal, t = time in years, r = nominal rate of compound interest, and n = number of times compounded per year. With compound interest, your money will grow. At the start, its growth won't seem like anything wonderful; you have to wait. Its growth "takes off" after a while. If you've ever seen the graph of an exponential function, that's what it's going to look like: pretty flat for a while, but eventually growing fast. If you compound $100,000 at 5% interest compounded quarterly (5% = 0.05), then after one year you'll have $105,094.53. After ten years you'll have $164,361.94. After twenty years, you'll have $270,148.49. After thirty years, you'll have $444,021.31. Of course, your money's growth will depend on the values of r and n you actually have. Even if you're just putting your money into a savings account, be sure to get the highest rate possible; a tiny difference in r can end up making a big difference in the amount you wind up with. (Just as with a mortgage or a car loan, a tiny difference in the rate can make a big difference in how much you end up paying.)

Keith


Matt_NYC72
stocks or (stock) mutual funds would average a 9% return a year, and Bonds would average 4-5% per year.

if investing is new to you and you have $100K, go to vanguard.com and open an account and put the money into their STAR mutual fund. this fund invests in all types of stock (small cal, mid cap and large cap), bonds (corporate and government), as well as international stocks and bonds.

do not invest all the money at once!!! dump the money into a money market fund (earns about 3%) and then call vanguard and tell them you want to invest $5K every month into the STAR fund (they will automatically shift it out of the money market fund) over the next 20 months. you do this in case the market takes a big hit in the next couple of months (your investment may go down, but you buy cheap!)


terryleonard7
it depends on what you are looking to do.
simply putting it into a savings account will only get you the interest, which isnt much. speaking with an investor to try maybe a CD or another more aggressive investment mayb yield higher rewards, but theres more risk invovled.
best bet would be to speak with a financial advisor/planner.


ths0127
it could apprecate or depreciate


Scar
it all depends on what you invest it in...You may make a million off your initial investment, or you could lose every dime you invest....investmernt banking is almost as risky as gambling. You need to find someone you really trust to help you.


saffronangel
Rating
If this REALLY is your situation you would be speaking with a bank consultant to obtain this information as it does vary depending on the bank and specific investments made.


Scott D
Depends on the account.
Standard savings at 3%apy round 3k end of year
Money Market at 5%apy round 5k but MM's can lose money!
Safest thing with 100k is CDs.


quietwalker
If you put the money in a bank, you're not investing it. You're putting it in a "safe" place. To invest money, you have to use it to acquire something like real estate, art, or stock which has a reasonable expectation of increasing in value. Before you invest, you do need to put the money in the bank and leave it alone. Then you need to read about investing and the various ways to invest. You need to decide on what sounds and feels right for you, then go with that.

Right now, one of the best places to invest I know of is an investment fund called Vanguard which has been earning from fifteen to twenty-five percent, I believe, annually. You might ask a stock broker to check into it for you and get details about its performance.

Good luck!


manonthestreet1
Putting money in the bank and investing it are two different things. Sure the money will earn interest in the bank, but not as much as a good investment. Your return depends on the bank's rates; check with them. Investing is a whole 'nother ball game. You have to read up, study the market, do your homework. You could utilize a broker, but that involved research as well. I suppose you could open an IRA (Roth) that would earn interest. But just putting in the bank and letting it earn interest would't bring you as much of a return as a good investment in a stock or mutual fund.


slrwoman
Rating
speak with your personal banker


blingbern176
Rating
You need to specify your goal for this money, when do you need to use it and what your risk level is . That's a broad question, so my best answer, like many others, please speak to a very reputable investor especially if that's all you have and you need to have it grow.


mbrcatz
you can't both put it in the bank, AND invest it.


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