Investing $10,000 -- what would you do?

I'm in university. I have $10,000 saved up... and I won't need to dig into that fund at any point in the foreseeable future.

What is my best bet for investing it and making money off of it (given the current economic climate, interest rates, etc.)?

I figure that by just lying around in my bank account, I'm missing out on some interest.

thoughts? thanks!

The online accounts banks will probable be your best bet.

If you have any credit cards with high interest rate pay them off first. Interest saved in interest earned.

1/3 in US total stock market index fund. 1/3 in world ex-us stock market index fund. 1/3 in a total bond market index fund.

That way you're incredibly well diversified. The bonds keep making money even when stocks fall. Rebalance annually, and you're on your way.

DO NOT go into FOREX as the previous poster states. I gave in to the temptation and lost thousands... learned a lesson. Buy a large cap ETF and leave your money alone. Oil is not going back to $80/ barrel anytime soon.

I think you need to remain flexible for now. Get a couple of 1-2 year CD's. When you get out of school, you may need money to start a household, relocate to a new city or country, buy a car, or start a business. So with less than a 5-10 year time frame stocks are not a good idea. Forex is a horrible idea, since you do not have the time to learn or trade right now.

I would look to invest in oil. Not jump right in though. Look to average down and add more uso as the market lets you trade it. I think we may come back down a couple % from this current runup.

if you are serious to invest, you can search HSFX Asset Management in google engine and start making consistent return!

you can invest in Forex Trading Business cuz
Foreign Exchange Currency Trading (Forex) is the exchange of money between different countries. The value of one countryâ€™s currency is constantly changing against the value of another countryâ€™s currency. Forex traders make money through buying and selling currencies on the foreign exchange market.

Online Forex trading is a nonstop cash market. It is one of the fastest growing industries on the internet. It attracts a wide range of individuals, from beginners to more experienced traders. Anyone with access to the internet, a valid credit card and with a minimum cash deposit can share in the excitement.

There are many affiliate programs. Forex trading is todayâ€™s most exciting arena for investors as it offers a desirable product with mass market appeal.

How it works
Foreign exchange is an exciting market. Individual traders trade on margin. For example, a stake of just $100 gives a trader access to a deal worth $10,000 (using a leverage of 1: 100). Markets fluctuate constantly and for a margin trader every little move is magnified 100 times. And while potential profit is unlimited, the trader can only lose their initial investment â€“ for this example, $100.

For example:

Leverage (gearing) enables you to hold a position worth up to 100 times more than your margin deposit. For example, a USD 1,000 deposit can command positions of up to USD 100,000 through leverage. If you believe that the euro will strengthen against the dollar you'll want to buy euro now and sell it back later at a higher price.

You want to buy the euro - We quote EUR/USD at 1.2501 (bid) 1.2505 (ask), which means that you can buy 1 euro for 1.2505 USD. In this example you buy EUR 100,000, at the quote price of 1.2505 USD per euro.
The market moves in your favor - EUR/USD is now quoted at Bid 1.2515 Ask 1.2519
Now you sell your euro and get the profit - You sell euro at a price of 1.2515
The profit is calculated as follows - Sell price-buy price x size of trade
(1.2515 minus 1.2505) multiplied by EUR 100,000 = USD 100 Profit
The Attraction of Forex Currency Trading
Foreign exchange currency trading is a regulated market. It operates under the strict rules of the world's financial authorities and the biggest financial institutions on the planet.

The main incentive of currency dealing to private investors and the attractions of short-term Forex trading are: 24-hour trading, 5 days a week, with nonstop access to global Forex dealers.

Further incentives to Forex trading:
An enormous liquid market making it easy to trade most currencies
Volatile markets offering profit opportunities
Standard Forex instruments for controlling risk exposure
The ability to profit in rising or falling markets
Leveraged trading with low margin requirements
Ability to trade not only Major currencies but also exotics, gold and silver etc.

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