 I want to become a millionaire in a YR!? |
I'm willing to invest a little..but dont have much.
i m looking for some ideas that dont cost allot.
any toughts??... |
|
 Are options trading profitable? |
| Are options trading profitable? I checked on the internet and found a lot of personal experiences (for and against) on stocks and futures trading, but could not find any on options trading. Has ... |
|
 Why is the DOW and Nasdaq spiraling down after the election? |
| Shouldn't there be more trading because of obama's election? I thought everyone in WS knows that obama promises and will fix the economy................ |
|
 Stock Market? |
| How does the stock market work? If people make so much money off of the stock market, then why don't more people invest in it?... |
|
 When's the big stock market crash coming? |
| I have some money to invest but now I'm leary.... |
|
 I wanna invest in stock market...but i dun knw how to do it? |
| how to start? n how to earn the long term or short term ... |
|
 How hard is it to find stocks that go up 5% a week? |
| 5% isn't really that big of a change....just 5 cents for every dollar. I see stocks everyday that have increased 5 to 10%. I just want to know how hard is it to pick these stocks.....what are ... |
|
 How can I make real money at 15? |
Hello,
Im Michael and my only target in life is to earn a resonable amount of money. I can make abit of money at 15 at the moment. But its just peanuts. What can i do to make some REAL ... |
|
 How Do You Make Money on the Internet? |
What are some good ways to make money on the internet? I am pretty new to this.
Also, what should I do to get started? Thanks a lot.... |
|
 Were do you have to live to be a stock broker? |
| i live in a little town and i want to be a stock broker im not sure were to ... |
|
 Best Dividends for the stock market? |
| Which if any companies have a good reputation for paying high dividends for their shares. is it always the most expensive shares?... |
|
 Buying shares after dividend announcement? |
| If a company announces dividend, will I be eligible for the dividend if I buy shares of the company after the announcement of dividend?... |
|
|  |
Nightfly | What do you think is the best investment for low income people? |
I have heard safe strategies like CD's Money Markets, and on the other hand heard high risk investments for younger people and precious metals, gold, silver etc. Any good ideas for the low income people? |
 |
 
Nick C
|
Elimination of debt. |
|
Richard W
 |
Education. |
|
mailjunkie123
 |
That all depends on your spending habits, bills, age, family size, goals, and etc.
If you want information that will suit you my suggestion is to right now save at least 15% of your income first (if you can)...then I would go and speak with a financial advisor...
My financial advisor doesn't charge me anything because I am very low income (even though I make a little above an average American but I got a lot of bills).....he only makes profits off my investment.. |
|
barry_robbins_98
|
I think the best place is the stock market. I know Scottrade offers some no-transaction mutual funds. Each month you put a little bit of money into your account and then buy shares in the mutual fund. Also, some companies offer direct investment plans. Here is a link for one of them from Equity Residential, a well-run REIT that offers a solid dividend:
http://www.equityresidential.com/content/ii_main.asp
Here is a great short book to read to learn the fundamentals of investing: "The Little Book the Beats the Market".
http://www.amazon.com/Little-Book-That-Beats-Market/dp/0471733067/sr=8-1/qid=1167792243/ref=pd_bbs_sr_1/102-4006985-7128107?ie=UTF8&s=books
Here is a website that lets you see what the best investors are buying and selling:
http://www.top10traders.com/Top10Standings.aspx
Hope this helps. |
|
rickg155
|
CDs/money markets have no risk
you can get about 5% interest
in mutual funds you can get about 10% interest but there's a risk involved
with individual stocks you can make a lot more, but you need to know what you're doing |
|
ROBERT L O
|
Land and home ownership is a good place to start. |
|
Franco
 |
As you have low income, you need the highest possible return, but you cannot afford to take risks. The best investment for you therefore, is a bank CD account. But shop around for the highest rates and be prepared to move to other banks as and when they offer better rates. |
|
sm4125
 |
Invest in yourself. Get smarter=get a better job. |
|
JT
|
I would suggest reading Rich Dad Poor Dad. It has changed my life and the concepts Robert Kawasaki teaches work no mater how much you make at your job (Just over broke). |
|
Kitty
 |
Not knowing the WHOLE story of the low income family I can only suggest a Technology Mutual Fund within a ROTH IRA.
Its safe, Its accessible and you can start with minimal $ and add each month or annually. |
|
jacartamonkey
|
food |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
11 | 40 minutes(s) ago
| | | |
11 | 3 hour(s) ago
| | | |
11 | 7 hour(s) ago
| | | |
11 | 11 hour(s) ago
| | | |
11 | 1 day(s) ago
| | | |
11 | 2 day(s) ago
| | | |
11 | 5 day(s) ago
| | | |
11 | 1 week(s) ago
| | | |
11 | 2 week(s) ago
| | | |
11 | 2 month(s) ago
| |
|
Homepage 
Financial
Forum 
Investing 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
