 What's the name of the website where you invest money and then over a month it doubles? |
| My dad said there is a website where you can do that. He already has like 400 dollars.... |
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 Is it good to invest during a decline in the economy? |
| Thanks for your ideas and advices. I hope I do not lose all my moneys because of them :(... |
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 Why do people invest in stocks? |
They provide up front capital and funds to companies, yet shareholders are the first ones screwed by companies when times are tough, when it comes to profit sharing, or decision making.
So ... |
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 I got 10 grand what should i invest it in?? |
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 Rich Dad Poor Dad? |
| My dad is giving me 50 dollars if i complete this book. He is also offering me an additonal 50 dollars if i answer his question (What is the diffrence between assests and liabilities between the rich ... |
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 WORK FROM HOME???? NO SCaMERS!!!!!!!!? |
| i want to work from home but i dont want to invest no money because i dont whant to get SCAMEDso is there anybody that worked at home and made money i have heared of allote of people that have gottne ... |
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 Why is day trading risky? |
| why is day trading risky? does trading a few times a week using the same idea as day trading carry the same risk? can someone under the age of 18 legally trade on the market?... |
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 I am looking to buy stocks. i just want to make little money from stocks.what should i do? |
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 Should I sell some of the stocks that I have lost money on to counter the stocks I sold for profit for taxes? |
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 How much can I make a year from $200K? |
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 How do you prevent a stock market from crashing? |
If there's a lot of panic, and distrust in stocks, and you know it's going to crash...what do you do??
Additional Details
sorry
i mean, what should the GOVERNMENT do?... |
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 I just came into $2000.I really want to invest it.But I dont know where to start.Any tips? |
I am thinking about stocks or mutual funds.If anyone got any experience in these thing, I'd really appreciate it.
Additional Details
I dont need the money immediately so i can ... |
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 What's the best thing to do with $100k in you have $75k in debt? |
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God'sStrength | Should you invest while trying to get out of financial debt or wait until the debt is paid off first? |
Your thoughts on this. |
 |
 
nonstp
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Nothing is further from the importance of doing both! Invest and pay off your bills. There are a lot of books on this, "pay yourself first" and so on. Donald Trump has a new book out, "Why we want you to be rich" I believe it's called. Those will really help. You must invest, it's just as important as paying off your bills because you loose time by waiting until your bills are paid. Investments double over time, there is a rule about this that you may want to look up. You can't buy back time, in investments no matter what level you invest at.
Good luck and happy investing! Get that book, it really helps reprogram what we have been taught wrong for years |
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ZICO
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Some financial advisor suggest doing both. I would paid off the debt with the highest interest rate first such as credit cards. I will then invest in mutual funds and real estate and continue to pay off debt with lower interest rate such as mortgage and student loan. Mortgage interest is also tax deductible. |
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Thin Kaboudit
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It's simple math. Would you take a loan at 15% interest to invest in a market returning 8-12%? I hope not!
Pay off your debts first, smallest to largest. Then invest... |
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Frank Castle
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If your investments offer better returns than the interest rates you currently pay then go for it. |
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UNITool
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I've debated this over and over myself. Here are the conclusions I've come to:
It's a good idea to get in the habit of saving money & planning for the future.
However - it's pointless and counterproductive to save or invest money earning 4-9% when have debt which is costing you 9-18% or worse.
So, what I do is have a small amount of each paycheck put into savings each pay period, and take everything else that I would like to invest and use it to pay down my debt.
If you're talking about extremely low interest debt like student loans, or something that you were able to get 0-1% financing on, then my advise would be different. My situation was created mostly by being irresponsible with credit cards when I was in college. I'm 28 and just about finished paying off my lifestyle when I was 19-21. |
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tacoman069
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paying off debt is good but unless your fin. situation is dier i would start making big payments on debt; while putting some in the bank or leaving a security blanket and then start a conservative 401k ; ira or defered comp. ; if you dont start now or soon when do you think that you will? you will if your like other people are likely to always have debt so control your interest that your paying but dont let it control your savings as an exuse because you may never ever start with paying all your debt off as a goal; and if u did your likely to get back in after a few years if your like most people; try to consolidate and reduce interest rates and fees ... also dont forget to live today for we never know when its your time to go. (be responsible at the sametime) |
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C K
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it would depend on the interest rate that you would get compared to your credit cards and debt. Probably not going to get a higher than 10 percent return on your investments; so it would be wise to pay down your debt;
I would try and put a small amount aside each week; when your going through downsizing debt, one unexpectant could make things worse.
hope this helps |
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KID87
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Pay down your debt first. |
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Fatty
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pay debt. so that the interest paid doesnt surpass the interest gained. think about it this way... you are paying 18.99% on your credit card. you are earning 8% on an investment. what is going on? you are losing money to the credit card. if you have extra money, the first thing is to eliminate the debt so you arent throwing away investment earnings. once the debt is gone, then your extra money can go to investments... the more money you can put in, the more your wealth will grow exponentially. |
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Just_gone
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Pay debt first, to boost your credit rating. |
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