I don't have lots of money, and Iam trying to find an investment were the money doesn't take long to return or grow. I am in college and also have children I need some that is real....
Ok right now i know that there is a problem within the stock market. but i want to know why it happened and how it happened? and please try to answer in lay terms Additional Details ...
Non-elected judges stick their nose into everything else in American society? Why not finances? Additional Details Using taxpayers money to bailout private institutions violates civil ...
I'm a teenager, have $1000 to invest, and am willing to contribute an amount monthly, what should I do with the money? I don't want it to sit there for 5 years doing nothing....
different Indexes and wait for them to grow; what is your suggestions or opinions on this strategy; I have heard that indexes growth in genral is good and they are less riskier than regular stocks; T...
Do something similar to what I did. First of all since you will be doing a whole lot of homework (in order to pick a winner), start doing some homework on yourself. Figure up all of your income and expenses and calculate your "net income", or what's left over at the end of every month. Always include misc. expenses that might come up like $200 a month for entertainment or something (for calculation's purposes).
Then: Take an amount that you can afford to "lose" like for instance; 10% of your net income. Divide it by how many times you get paid every month and then set that amount aside for the future. IE: If you get paid twice a month and your net income is $250, then you would take out and set aside $12.50 every payday. And the real trick is saving it. Set up the saved money in an account and just let it sit there. Most people won't miss $12-$20 per pay period.
Also while you're saving the money, you can be researching "growth" stocks and other options for your money. Also you can begin contacting licensed brokers who can help you decide what type of investments to look into.
Once you get up to about $1,500 saved, you can start investing. Remember, this isn't supposed to be a replacement for securities advice or something coming from a licensed broker. I am just telling you what I did that allowed me to start making money and working my up to where now I buy whole companies.
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