KiNG⋆LATiNO
 |
the "best" investment you could make has to do with your knowledge and experience with investing, and by the sounds of it you dont have much of either. I wouldnt invest in any stocks or bonds, or anything with high risk until you know about tax laws, financial institutions, etc. Educate yourself first or blow all your money away. Trust me there are plenty of people out there waiting to take your money away from you.
I would suggest a ROTH IRA, since your principal is not taxed, and has a very high return for younger people over a long period of time.
Another thing u could do with your money is start a business and sell it once its successful (for a few million dollars or whatever it happens to be worth) -- but like investing you should educate yourself first.
Another best bet as a non-experienced investor is to start out safe in Money Market accounts that have near 5% interest rates like ING direct orange account, or HSBC Money Market Savings account as some examples.
The CD thing sucks becuz they tie your money up for long periods of time whereas money market savings accounts are easily liquidible.
Oh i should mention also that ROTH IRA has no penalities on withdrawls you make against the principle, and you can use money from a ROTH IRA to buy your first home too! |
|
Dellow
 |
Down payment on a house! |
|
Frank Castle
|
I suggest you to open a brokerage and margin account and invest in the Stock Market with the help of a Financial Advisor.
Top 3 Answerer in Business & Finance. (Vote for me) |
|
Piet Strydom
|
Follow King Latino's advice - invest in your financial education. |
|
tliuall
|
$3333.34 in EZM(copper and zinc)
$3333.33 in CXXUF(uranuim and gold play)
$1600.00 in NAK(take over target)
$1733.33 in FLMTF(if drill result is excellent in 2 weeks) |
|
jean
|
put money in roth ira up to $4000 buy mutual fund, try vanguard.com, then buy cds, more than 5% |
|
lidzfax
|
real estate in baltimore |
|
DS2
|
In this economy I'd suggest bonds or CD's. Unless you like to gamble. |
|
George
|
I would buy established websites and flip it on ebay for 50-100% return rate. No risk, No loss, Guranteed to do equal or better! |
|
JACKnine
 |
Best Investment: Play at the World Series of Poker 2006 Main Event $10,000 Buy In. Top 500 places finish in the money. This year 1st place is estimated to be 12.5 Million Dollars.
A great return on your investment. |
|
umdanddvd
|
if it were me i would lock into a certificate of deposit insured by the government the rates have picked up and you can't lose your deposit all other investments have too much risk of losing your initial investment |
|
missy55072
|
I work at a bank in Minnesota and one really smart investment that we offer is a certificate of deposit that is tied to the prime rate. The prime rate goes up and so does your CD interest rate. The minimun term to get the best interest rate is 36 months and I have heard that the prime rate is going to keep on rising. |
|
ron49er2000
|
Buy 166 Shares of Lowe's Stock.
$61 dollars per share today.
Announced 2 for 1 Stock Split Today.
Announced Record Breaking Earnings results for the previous quarter.
Jim Cramer of Mad Money recommends the stock. |
|
traderx
|
get onto a fund that invests in india. the returns are unbelievable are after the markets have under last week's correction there are a lot of stocks with good valuations, so i suggest you dive in. |
|
| |
|
Homepage 
Financial
Forum 
Investing 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
