I'm 24 and I have about 35,000 in savings. How should I go about investing? |
| I will be setting up a Roth IRA this yr '08' and will fund the account with what I earn every year , max 5k. However that wont help me since 30k will still be free and banks dont provide ... |
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Has Anyone here made alot of money through stocks? |
| I just wanted to hear some success stories. please tell me how u got into stocks. how much u started with and what stocks u invested in. any other information I'd appreciate as well. T... |
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What is the best country to become wealthy in and what is the worst? |
I think America used to be the best, but it now has the highest corporate tax rate.
Let's pick first world countries for the "worst". Clearly Haiti would be nearly ... |
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Is it wise to obtain loan and invest in stock market? |
please comment on this great idea
i am a second year student....
i am eligible to obtain educational loan(approx abt 4000$ ) and at the same time my family can bear my education cost...<... |
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If you had $5000 to invest toward retirement today, what would you do with it? |
You have to invest it - not spend it or donate it to charity.
Any favorite stocks, bonds, mutual funds?... |
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What are the least risky things to invest in? |
| dont really care about return, just want something thats not so ... |
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When should I start investing? |
I'm 20, a college student, without any real income at the moment.
I plan on working during winter and summer breaks, most likely waitressing. Should I start putting money away then (even ... |
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Help me choose a name for a new Co? |
| Im going to be an investment company that lends out money for a good return im lookign to choose a name anyoen help - soemthing that investors will get excited about, using words that imply return on ... |
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I just won the euro millions? |
does anyone want some of it Additional Details please take some of ... |
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Whats the best way to gain interest as fast as possible? |
| either sharebuilder, roth ira or a good bank that gives high interest. by the way if you know any good savings accounts that offer high interest that i can put money in over the net please let me ... |
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Hows does the stock market work ? |
Hi all,
Could someone please explain to me how the stock market works.
Without using too technical words as im new to the stock market.
Thanks : )
ps: i would prefer if somebody ... |
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Blornn | What would be the smartest way to invest 1 million dollars? |
I was talking to my roommate about the question above; he claims that, if you had that much money, you could simply put it in a savings account and live off the interest. Would this actually be possible, as in, how much would it grow on a yearly basis? Or would it be altogether smarter to invest it in real estate or stocks? |
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ManUtd
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Why not trying Automatic Forex Trading?
25% average gain per month with 2%-17% risk.
Everything is automatic so robot will take cares the trading 24 hours a day 365 day per year.
You can even raise the risk with potential of raising the profit. |
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crapaudblanc
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Unfortunately $1M is no longer what it used to be. $1M in a saving account will yield you about 3 to 4% if you are lucky, of which you will have to pay income tax. So if you can live with $20K to $30K a year that would be fine, But what is $20K a year in 10 years from now with inflation at 3%? Pretty soon the money you will get from the $1M will be nothing, needless to say that if you don't grow your $1M by at least the inflation rate it will be nothing 20 years from today. The best is to invest using a diversified portfolio some US stock (growth stocks), some foreign stock (play a bit on the FX), some bonds (muni to be non tax, government and some crop debt), some index funds, some hedging strategy fund, some REIT. You could use some money for a small down payment on a house (real estate market is really a bad investment right now). Then do not touch the $1M for 5 to 10 years and keep a smart investment strategy and the money will grow nicely, at which point you could start drawing down on it (a little bit). |
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AM-NM centaur
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There is no SMARTEST way; however many good options. Bank interest on $1 million is about $50K per year. For many, that would be quite good. In the long term, stocks returns about 9% per year. |
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Desertaosis914
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The interest from a bank would only give you probably less than 20% a year or $20000 but if you invest in individual stocks that million could become many more millions in a just a few years if you invest the whole thing and hold it. I don't know much about real estate but you can definitely make a killing in the stock market if you learn about it. |
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$so fresh so clean$
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It really depends on what your goal is. Do you want to INVEST or do you just want SAFETY? If you just want safety, a money market account or money market fund with a high yield would be the way to go. Also, a couple of high yield savings accounts would also be the way to go. Another way would be with some government bonds, very safe. If you want to invest, then the stock market would be the best fit. I would fully fund a Roth IRA, buy an index fund with low fees, a no-load growth stock mutual fund, income stock no load fund, and add an international fund with solid, consistent returns. |
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Barry R
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I think it is better to invest in stocks. In a savings account, you would make about $50,000, before taxes. That is not enough for me to live on. If you want to invest in stocks, here are my favorites from http://www.top10traders.com
http://top10traders.com/ViewPortfolio.aspx?userID=5 |
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Alfred Chew
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In my opinion, the first thing you need is to explore the legitimate money making opportunities available in the market.
Find out what suits your preference and style. Then get to explore further and get educated on the subject and be good at it.
If you are comfortable and confidence with the return, then it is time you start invest small in your field.
By using this proven way, you will be able to save guard your capital at the same time learn to be good at what you are doing and to do it for the rest of your life with passion. |
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fatsausage
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Invest it in Euros or Swiss Francs. |
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