 What's the best way to invest for your future? |
| I currently have a savings account but feel that I only get a pittance back in interest, I'm aware that in the United States you can get returns of 15% on your money or at least that's what ... |
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 I would like to start an online brokerage account, I only have 2g's to start with ,which online firm is best? |
| I only have 2000 bucks but would like to start investing in stocks, I have mutual funds 401k etc... good credit no debt the whole 9! now onto stocks! which brokerage firm,, was looking at ... |
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 Should I invest in Chevron? |
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or what should I invest in? Help!... |
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 Is this a good time to buy stock at a low price? |
| Due to the financial crash - is this a good time to buy stock at a low price? If so, how do I start buying stock? I'm new to this.... |
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 I need info on saving money? |
| I am lke soo worried about going out into the "real world." u know like expenses, bills, taxes etc. (mostly money wise) can someone PLEASE give me some tips on saving money!?... |
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 Investment advice? |
| I went to see my investment counselor last night. (He also is my spiritual advisor and conducts my holistic healing sessions.) I live in Stockton right now and have about $10,000 to invest. My ... |
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 I have a $100 bill with a star next to it. Is it rare as to be a colletible? Should I save it or it no? |
| the $100 bill is in mint condition should I save this? or just deposit it the the bank? I was watching Fox business about this guy who collected currency and he was mentioned something about this but ... |
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 I want to learn wht are stock markets wht are shares ??? |
i hav no clue abt it so can anyone please suggest a gud site frm which i can learn
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i don even knw wht shares ... |
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joejohnsmith | What's the best investment for a college student to make with about 30 to 50 k? |
As a college student, what would you invest in with 30 to 50 k to work with. Flip a house?
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I'm obviously going to finish school, and this is money after I pay off my education. I'm wondering what you would do with the money to get a head start in the business world |
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Showbizzz
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Finish school--it will pay you dividends your entire life. |
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Sarge1572
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your education.
If that's pretty much paid for, real estate (rentals are fantastic money makers)
If that's out a long term mutual fund that you won't get into. a $30k investment in a solid mutual fund now will net you about $3M when you're ready to retire.
one last option, though less attractive, is a Roth IRA. This allows you to put money in, tax deferred, but permits for a withdrawal for education (which you don't need) or for a first time home purchase.
being a pretty conservative guy (with a retirement income of $10k a month retired at 53), I'd put it in the long term mutual fund. You can't start planning for your retirement too soon. |
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skip742
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Nah, this is no time for house flipping. That's "so last year". (If you're really sure that's what you want, I've got a house in Columbus, Ohio, right near Ohio State University, that I could let you have for $50k.)
But, a better bet for the long term would be a good portfolio of growth stocks. And, in this economy, multinationals and international companies would be a great bet: things like Pepsi, Altria, AIG, Pfizer, and GE. If you put together a portfolio of about 20-30 companies, you'll be able to reduce your risk, while still getting a lot of the benefits of the growth.
That's a much better strategy than getting into the real estate game. Real estate is in a bubble. It's time to do something better. |
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detecting_it
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No offense, but you could use that money to complete/further your education. If you are committed to your education, do you really have the time to invest in something that requires more attention than, say, a stock or fund investment? Good luck with your decision. |
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barry_robbins_98
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You might want to see what the best investors are buying at http://www.top10traders.com - this is a free site that lets you create a portfolio of stocks with $100,000 in "play" money. Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors. You can read posts on investing from the best traders, as well as share your own investing ideas. There is a charting feature, so you can see how your portfolio performs compared to the S&P 500. Also, you can create your own "group" so that you can see how you are doing compared to your friends.
Here are this month's best traders:
http://www.top10traders.com/Top10Standings.aspx
Good luck. |
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Thin Kaboudit
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A regular college student has almost 50 years before needing any money for retirement, so if it was invested in an aggressive growth fund, one could reasonably and safely assume it would double in value every 7 years or so, and could be weened out into less aggressive, lower-risk options at a later age to preserve its growth. Invested this way for about 40 years (give or take 5 years depending on market conditions at that time), and then moved to a stable yield bon fund (for income), one could anticipate a one-time investment of $50K growing to about $3.5M at retirement, without ever saving another cent!
Or you could flip a house and buy a nice car or boat with the proceeds... |
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Paul U
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My daughter is in college at University of California Santa Cruz. She has $20K invested in a conservative Forex hedge trading strategy. She has been drawing $1000 per month to help with her college expenses. She will have an account balance well over $50K when she graduates in 2 more years.
Paul
pupp52@yahoo.com |
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Jelly Roll Capital CFA
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Forget flipping a house unless you are extraordinarily handy, and instead make sure you have your student loans under control... no reason to be carrying debt if you have t hat kind of cash.
The amount you are talking about is enough that, if invested properly, should be able to give you a large degree of financial security in the future. If you don't have the time/disposition to pick specific stocks, go with ETFs - you can read about them at http://www.valuestockreports.com/021907.htm - or, if you feel like picking individual stocks, do your research! If you want to share ideas or just listen to my take (don't worry, its free) my email is research@valuestockreports.com
Good Luck. |
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m2cdlr
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take a look at www.wwipg.com
A new investment company that offers high interest like the stock market but is guarenteed so there is no risk.
Its free and they actually give you a large amount of money to start. so you dont have to invest your own money if you dont want. plus its about 13 to 15% interest rate a month.
*I am not trying to refer you as its not a referral link just trying to help out.
thanks |
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