 Will Goldman sachs stock prices recover or should I bail out and recoup with tech stocks? |
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|
 I am looking for a life insurance. Which is better Term or VUL? I want to invest money also.? |
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 Would it be a good time to buy stocks now? |
since the market is down, can u buy some stock and hope the dow springs back up to what it was a few weeks ago?
im not good with stocks , so no stupid ... |
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 Do 100% Forex Traders Loose: Random Walk Theory? |
There is a school of through that belives that in stocks or forex trading you are 100% looser.
Please answer pro-data and logical.... |
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 Where is the best place to invest money needed BEFORE retirement? |
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 Is "selling short" meaning selling other peoples shares on a declining market? ? |
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 Highest paying job? |
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 The stock market? |
| Hello, my name is Mario. Currently I am a student and at the age of sixteen. I was very interested in investing in the stock market and was wondering if anyone cuold lend a few helping words. I ... |
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 What are your thoughts on the Democrat's 401(k) plan? |
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Cee | Im 20 years old and need help with my investing ideas??? |
i want to buld a fortune over a 10 year period. but im not sure where the best place to invest my money in could be. i was thinking stocks ive been watching a lot of tv like cnbc about the stocks and set up my own vitual play money account and have been doing good.. i own a piece of real estate but that investment is down the toilet because of the housing industry so thats a waste im not makin anymoney out of it trust me unless they increse by 5 percent a year which is not likely to happen. soo where should i invest my money? i have between 10-20 grand to start.. i enjoy investing in the stocks i like to follow them and my investments and i like the big risk factor because im a risk taker. and i love getting the best deal on a stock... i want to invest this 10 to 20 grand in something that will turn into 800000 10 years from now |
 |
 
somebody783
 |
It is good that you are thinking about your financial future at such a young age. Most people your age are just focused on spending. I would put at least half of that money into a Roth IRA through a mutual fund or a broker (I use Scottrade), and then don't touch it. The thought of being retirement age may seem inconceivable to you now (as it was when I was 20), but you will thank yourself a hundred times for it down the road. Most people don't realize that a little bit of money invested at a young age can compound over the decades into millions at just normal market returns. |
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gosh137
|
Dream on....you want 400% to 800% per year return. The best investment has been found to be common stocks, and they have a yearly return average of 10.4%. |
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Don
|
You have many options available to you. I suggest not getting to anxious, it can cause you to make unwise decisions sometimes.
Your first option, should be to open a retirement account. This is always a good investment, regardless
of who you are.
If you have fully funded your retirement account and would like other options, you should consider a DRIP Plan.
They are seldom recommended by brokers due to the low rate of commissions received. However, these
reinvestment plans can be very powerful long-term investments. Studies have shown that DRIP's are one of
the best strategies on Wall Street.
They are inexpensive and easy to start. New investors to the stock market should definitely consider a DRIP Plan.
Companies like Toyota, Royal Canadian Bank, Sony, Bank of America, General Electric and many other Blue Chip
Stocks can be purchased through your DRIP Plan, with as little as 1 share in most cases.
These long-term plans are great for beginners as well as veterans. Check them out.
Best of Luck |
|
dnuoforp
 |
hello!
You should give yourself a pat on the back because you're starting to learn how to invest at such a young age! the principle of compounding interest will definitely guarantee you high rates of return by the time you turn, say, 65 years old.
Anyway, 800K is like 400% of 20K, which is likely if you can make the right stock picks and if the market goes in an ideal direction according to your stock system.
Perhaps you might like to consider learning more about bonds and mutual funds which will diversify your portfolio - diversification is the best way to go when it comes to investing, even if you're a risk-taker!
As i've mentioned in previous posts before, you might like to consider investing in books or stock analysis courses which will be really insightful and help you in the long run!
Be patient, and good luck! |
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Formerly known as Frank Castle
|
I know a company currently offering $5,000.00 annually.
If you reinvest it all annually then you will have at least $800,000.00 in 17 years.
You need to increase your savings by at least $16,000.00 annually to acomplish your goals in 10 years. |
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duyduy
 |
If u r risk taker, u can try Forex.
Very High Risk and Very High Gain.
But If u know the forex market, u can minimal the risk. |
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sunshine 8
|
WOULD YOU LIKE TO WRITE YOUR OWN PAY CHEQUE? Try this for a change!
http://www.stealthwealthmaster.com |
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