 Anyone have GOOD advice to invest about $20,000? |
| I am receiving about $32,000.00 from my father's estate. I will be paying off a student loan for my wife of about $10,000.00. I really want to invest the rest as I am not in need of it. R... |
|
 How much have you got in savings? |
| and are you going to just let the interest mature or invest it? if so what?... |
|
 Are premium bonds worth getting? |
| I'd only get 100, what's the chances?... |
|
 How can I invest £500? |
What can I invest £500 into? I don't want to blow it all away.... Would like to double it somehow!! Not gambling either, something sensible!!
Additional Details
you lot are not ... |
|
 What is the best way to invest £10,000.....? |
The money is for my son, he is 6 at the moment and I don't want him to have it until he is 30............
Additional Details
If I put the money into property, would it only be any ... |
|
| Investing $30,000 inheritance? |
| I'm interested in investing a $30,000 inheritance I'll be receiving soon, but I don't want to stick it on a account. I want to risk it for a high return. I currently have a savings ... |
|
 If you had $1000.00 Dollars what would be the best way to invest it? |
| I found out that I have $1000.00 owed to me and I want to invest it. I know its not much but I figure I dindt have this money before, so what would be the best way to make this money grow?? Thanks ... |
|
 Can this work: how to make a billion dollars? |
How to make a billion dollars in a week.
Borrow $100 and open a foreign exchange account.
On Monday at 8:01am buy �8718 Japanese Yen. At 8:14am sell �8728, give �4 to ... |
|
 Where to invest $200,000? |
| I need suggestions on where to invest some money long term (holding it for 5 to 10 years and use for retirement). I'm looking for any suggestions such as stocks, mutual funds, market index funds,... |
|
 Were would you invest if you had $50,000? |
| if you had $50,000 in business credit and business utilities credit were would u invest?/... |
|
 What stock should I buy? |
| I am 16 and I want to buy 100 shares of a certain stock. My dad is a stock broker and he wants me to do my own research. I dont no much about the stock market so just give me the name, symbol and why ... |
|
| How to multiply small amount of money fast. Where to invest ? what to do? |
| I am looking for some great investing ideas which will multiply my small amout of money. Anybody who could help me out?... |
|
 I've got 5000 pounds extra to invest!? |
| I've got 5000 pounds extra to invest and I was wondering can someone tell me how and where to invest this money safely because thats all I have got oh by the way I live in UK, London if anybody ... |
|
|  |
Joey R | Question, from low earner, on investments on my spare money? |
Im 29 years old, im currently earning around 30,000 a year. I'm not married, no kids, just a dog. Growing up, and thru my 20s I never really met anyone to talk this over with. I guess you could say my parents were poor and never had the money to invest any of their money.
I find myself not spending any money, hardly at all I guess because im tight. I don't care for car payments, extremely high rent, etc.
Question is though, someone in my earning bracket what would be "safe" and good investment? I know to alot of you will seem silly and snicker at me. But I could see myself putting 4000 to 7000 a year into something. Im thinking along the lines of CD's?
I know nothing about this, but theres no reason just letting my money basically lose value just sitting stagnat. It isnt much but hey its all I got heh. What would you guys/gals recommend or where would be a place to read up on investment for newbies. (no spam please, im not buying anything... Im frugal remember). |
 |
 
tech deck dude
|
invest in somthing like football cards or somtin lol |
|
moosies
 |
Talk to an officer at your bank.
I'm a low earner as well, and I'm thinking of investing into a private IRA account with my bank. I'd hate to get old and something happens where I'll need money and not have any. And it's never too late to invest in retirenment. |
|
Taylor's Dad
|
CD's are not a good plan. Inflation will devour all of the interest you earn plus part of the principal. You need to invest in a highly rated mutual fund. There are tons of good funds out there (Fidelity, T Rowe Price, American) that will, over time, likely show good returns and give you the opportunity to save for retirement. Good luck. |
|
Joe C
|
Make sure you have a "rainy day" fund and after that you should put your money into a Roth IRA. If you don't have a 401K then you should start that first.
Information on a Roth IRA
http://www.fool.com/foolu/askfoolu/1999/askfoolu990519.htm |
|
Lancez
|
Invest it in stock
the interest is higher than CD |
|
Gatsby216
|
I think you are on the right track.
Right away, take $2,000 and open a Roth IRA through a major mutual fund provider. I won't say which one, but there are 10 big ones. You can put the money in a short term bond fund. Keeping all your money in CDs would be OK, but you can gain higher returns with low risk.
Buy a few magazines to get some ideas.
You are 100% correct to be conservative and avoid costs.
You can email if you want more info.
a> |
|
girlwhoknowsitstrue
 |
Because you're young, you don't need the money, and time is on your side, CD's are safe, but you'll fall behind the rate of inflation.
I would build a portfolio of mutual funds or ETF's - at your age, maybe 25% emerging market, 35% large cap (growth is more in favor than value), 10% mid cap, 10% small cap, 10% stable bond, 10% high yield bond. You can do that with a "lifestyle" fund, but I'm not into those.
when you check a mutual fund on morning star, it will tell you which bracket that mutual fund is in. Fidelity is one place where you can put your terms in (highest 10% rate of return, lowest churn rate (# of times the portfolio bought and sold) - and I would pick no load funds - why pay someone else, they're already making money on 12b-1 fees.
Once a year, I would rebalance, because the sector that's taking over will start to weight more. Every 10 years you might want to shift where you are, moving to more conservative portfolio as you get closer to wanting to use the money. Estimate that you'll live to 95 - it's as good a guess as any.
Fidelity has a huge no transaction fee basis, and you can do it all on-line, and you can call then and get advice. That doesn't mean I'd buy all fidelity funds - although I happen to like Fidelity Canada.
Hope this helps you get started. |
|
Donald B
|
I agree with the guy who said to fund a retirement account or start a DRIP Plan.
Mutual Funds are over rated. You really need to know what you are doing, about 75% of them underperform the market. |
|
StockDog
 |
It depends on how much time you're willing to invest. If you don't want a hands on approach, then invest in a mutual fund. Do research and look for past performance in both the fund and fund manager. If you're willing to do the work involved, then buying stocks is the most rewarding/highest return on your money. Go to your local bookstore and buy books on technical and fundamental analysis. Read them till you're done and then start watching the markets and individual stocks. Don't worry about not knowing anything right now. It's not complicated and eventually you will get it. Good luck. |
|
a b
 |
Buy silver, or rental properties. |
|
MM
 |
CDs are totally safe. You can get really good interest rates from an online bank, much better than your home town bank. Etrade offers great rates, but they may not be the best choice right now due to the problems they've been having. So maybe shop around for another online bank. |
|
Andrew S
 |
CD's give you a very low rate of return - you'll lose to inflation (same as with bonds and savings accounts).
We're currently in a very low interest rate environment and inflation is a distinct possibilty - not the time to lock yourself into fixed income or fixed interest payments, as with savings accounts, CD's, or bonds.
Gold, historically, is a very poor investment. It has no real intrinsic value and can be very volatile. It's also at historic highs - not a good time to buy. And individual investors have no business buying something as speculative as commodities - I certainly don't!!
Real Estate is highly illiquid (meaning tough to sell quickly) and you can easily lose your shirt in it (ask those overextended real estate flippers how they're doing now). Real estate can be very time-consuming, expensive, and risky - and it's a pretty complictated field. Unless you're living in it, I wouldn't go there, either.
Your best bet is a 401k with your employer. If one isn't available, get a low cost index fund.
You get terrific tax advantages, diversification, convenience, consumer protection, and a good return!!
Four to seven thousand dollars, btw, is actually a very respectable sum for a younger person (or anybody) to be saving. Many people save nothing! You should be congratulated for being so responsible and intelligent!!
Seven thousand dollars a year, over twenty or thirty years, can add up to hundreds of thousands!! Not an insignificant sum at all!!
Choose a risk level of investments that you're comfortable with - I would not recommend very risky investments as you might need the money for an emergency and you mentioned that you don't have a lot.
You might also want to look into purchasing protection for your most valuable asset - the ability to earn an income.
Disability insurance might save you from destitution if you're injured or ill - it's very important to protect what you have, as well as to invest. |
|
00000
|
My friend , you are earning sufficiently , so be agressive
open a online trading account with icicidirect or sharekhan ,or any
this is the time you have to take risks after 5 to 6 years you can't gamble your life by taking risks
i advise you to invest in equity stocks
And if not go formutual funds which lessor riskier than equity and otherwise go for SIP in mutual funds i think this helps you alot bye |
|
james_sundar
 |
CD's are very safe. If you are tight, i am guessing you are cautious and in that case that is probably the best place to keep your money. If you are willing to play it a little riskier, real estate is a solid solid investment, even in these times of sub-prime mortgages (if you plan to keep the house for a longer term). Just google it and I am sure you can find a ton of great advice. Personally I have a lot of fun playing stocks... If you start getting into derivatives trading you can make some big money (although I would not suggest that for you). Mutual funds are great too although given how our markets are heading right now I would really advice that you invest in foreign funds... you are not going to make money in N. America./ |
|
jameslankford
|
You chose the right path..CD's...they keep up with inflation and you CANNOT lose money...Good work! |
|
justice
|
Real Estate. It is down now, but it will come back. Great time to invest. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
16 | 11 minutes(s) ago
| | | |
16 | 32 minutes(s) ago
| | | |
13 | 43 minutes(s) ago
| | | |
16 | 2 hour(s) ago
| | | |
16 | 3 hour(s) ago
| | | |
16 | 8 hour(s) ago
| | | |
16 | 2 day(s) ago
| | | |
16 | 3 day(s) ago
| | | |
16 | 6 day(s) ago
| | | |
16 | 2 week(s) ago
| |
|
Homepage 
Financial
Forum 
Investing 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
