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 Why should people pay off high-interest loans and credit before starting long-term investments?

Additional Details
Also, What happens if you pay higher interest on loans than you earn on investments?

I know these questions are somewhat "duh" but I need ...


 How much money have you lost this week in the stock market?
Just wondering if the general stockholder is reporting losses on their whole portfolio or if just a few stocks they own have fallen.
Additional Details
I dont mean if you sold at a loss! ...


 What is the blue chip in share market?
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 I am about to get a good amount of money what is the best investment for return on my momey?
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 I am buying my first house with my lifesavings (just my choice) but seller asked for a "insulting request"
im buying my first house and i told the agent that i want to write a check because ive saved my whole life for this and i just want to buy it out right. i made an offer however the seller wants to ...


 Where wouldyou invest 150,000?
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 How to earn money without a single paise investement?
i mean tat bpo at home. like tat....


 When buying STOCKS - What to look for? -- HIGH P/E ratios or lows.?
WHAT are the ratios we h've to look for buying good stocks- LONG TERM-1-2 years -&- SHORT term -- 3 to 8 months. HIGH P/E RATIOS or LOW P/E RATIOS. any other criteria to look for?...


 Buying stocks increases value of a company.....where does that money go?
im puzzled. the money spent on stocks goes to the company?....and they invest it as they see fit?...how does that work?...


 Can someone give me advice on investing? I Konow nothing about investing please tell me the best investment co
I Know nothing about investing please tell me the best investment company in the NY, NJ, CT ...


 Investing money?
I'd like to start investing money in mutual funds or stocks. I really dont know much about doing this. I know i can go to morningstar to see what types of things to pick...but where can i ...


 How do you save in a hyperinflation enviroment of one thousand %?
please assist me provide resourceful info for my friend living in Zimbabwe which now has a 1000% inflation rate ....


 Suggestions requested - Is this a wise investment?
I came across an investment opportunity that offers: 24% returns per annum for a unit investment of 10000$ for a term of 10 years. There is a counter guarantee offered for the money in fixed asset ...


 I have $ 2,500 to invest in cd's. Where to invest?
I have been doing lots of work on my household budget, projecting income and expenses for the next 3 to 5 years. I am totally debt free including house, and have a big emergency fund, and have an ...


 When you buy stocks is there minimum amount of shares you must buy?
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 What is the best thing to invest in Real Estate or Stocks?
I am 30 years old and I put money into a 401K at work and would like to know what is the best long term investment? I don't want to work a day past 60. Thanks for answering my question....


 What ways would you suggest a young family invest their money- read more!?
We are a young family (mid 20's) who own our home and have two young children. My husband is getting a large promotion- bringing in about 25K more a year in salary and about another 25-35K a ...


 Is investing in Shares a right decision??
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 Coin collection: Is this a rip off?
I saw an ad in a catalog selling a 1934 penny, nickle, dime, quarter, and a half dollar all for $27. How much is all that really worth? Is it worth more than $27? Please list your sources.
A...


 Do you think the stock market is going to crash tomorrow?
Stocks fell sharply worldwide Monday following declines on Wall Street last week amid investor pessimism over the U.S. government's stimulus plan to prevent a recession.
U.S. markets were ...



castillb2007
Where would be a good place to invest $3000???
I have never investing on my won before. The only investing that I do is with my compnanies 401k plan. I know that there is no certain answer in exactly where to invest this type of money, but any advice would be greatly appreciated. I am willing to invest the money and continue to invest in it, on a monthly basis.
                     
 




Bella♥
I would say mutual funds, Certificates of Deposits, IRA for retirement. Stocks are very risky--you can get rich or get poor very fast. You have more of a chance with mutual funds and CDs and IRAs. Good luck and I hope your investment is successful. :)


chmar11
Rating
Why not go to your bank and invest in stocks or bonds?
Or go to an investment company that will help you invest
wisely.


thundernreign29
Rating
Here is a challenge...if you have debt-why not invest it into paying it off? Could it payoff your car or perhaps a credit card?

Otherwise, I would check out this website by Dave Ramsey

www.daveramsey.com. Dave has great insite on what to do with your "extra" money.

Good luck!


raysor
If it was $30000 I would say British Energy


Naz
save up a lil bit more for a house deposit! then rent the house out for a couple of years and all that rent money can go towards paying off the place :) by the time you retire you'll own the place or you can keep renting it out to get a lil extra cash :)


betotron don
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dba is the sym / global pop. will increase 6x in five years...decrease in food production = higher agr prices buy dba...goodluck


Don
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When I have paid in all the contributions I can to my retirement account, I always put the extra money into my DRIP Plan.

They are seldom recommended by brokers due to the low rate of commissions received. However, these
reinvestment plans can be very powerful long-term investments. Studies have shown that DRIP's are one of
the best strategies on Wall Street.

They are inexpensive and easy to start. New investors to the stock market should definitely consider a DRIP Plan.

Companies like Toyota, Royal Canadian Bank, Sony, Bank of America, General Electric and many other Blue Chip
Stocks can be purchased through your DRIP Plan, with as little as 1 share in most cases.

These long-term plans are great for beginners as well as veterans. Check them out.

Best of Luck


Bicus dickus
Rating
my bank acccount then let the interest build for a few years, and il give it back to you


Music Man
Rating
........I think you should put it in ING Direct they pay you every month so since you have a good starting amount of $3,000 you should get a few bucks a month then those few bucks will turn into a few $10 dollars then those will change into $100 dollars and so on, it may take a little of a time but if you keep putting money in it then you will get a lot more money.......


BigBen
Rating
Although there are many investment options, choosing the best one can be difficult. In this article, I am going to reveal how you can get 1364 per cent return per year from your hard earned money.

Best Way to Invest Money
with Minimum Risk but Maximum Profits
http://www.stock-investment-made-easy.com/best-way-to-invest-money.html


jbx63
Rating
I think it would be wise to invest it in silver. There currently is a shortage of silver that can be purchased in coin shops. With the Federal Reserve inflating the money supply by almost 18% a year the value of silver will definitely go up. I have included links for further detailed information.


GW
Rating
If you want to hit a homer, then try to time the market and drop 3k in call options before an earnings report comes out. If it's positive and there isn't any negative economic data that day, then expect an unbelievable return

Otherwise, try ETFs for mutual fund-like diversification with stock-like tax implications.

Before you begin, read as much as you can. Stocks for the Long Run by J. Siegel is a good read.


chris f
Rating
i'm wanting to do the same thing. i'm going to see your answers if you don't mind :) thanks!!!!


yugi moto
Rating
i think maybe a hotel or a motel 3000$ is alot so yeah


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