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ok i need to make $200 in 4 months...
i cant get a job because in too young
i cant mow lawns because its the end of winter--same for shoveling
dont say lemonade stand.... |
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 What would be the best credit card to apply to after bankruptcy case clears? |
Additional Details
for those who keep assuming i declared bankruptcy because of credit card debt-u're wrong!! i've never even had one credit card.. my bankruptcy case was ... |
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 Need tips on saving money..? |
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 Is Bankruptcy the best choice for an unemployed person with $25K in credit card debt? |
| I was recently terminated from my job in July and am having difficulty finding a new one, but in the meantime I have about $25K in credit card debt and not able to make payments. A credit counselor ... |
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 What is the best way to earn money? |
I'm 14 years old,
I currently babysit, and that's all
But I need more money!!
I am planning to go to Florida this summer with my team and my parents say I need to pay ... |
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 If you had THREE bills to pay and only had enough to pay one of them,? |
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 How can I become a millonaire without cheating? |
Buying shares is an option but I have no clue on how it works.
Writing a book........but where am I going to get the money to publish it?
I can marry a millionaire but the problem is I am ... |
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| I'm in my program's Y.L.C. (youth leadership council) and our homework is to come up with ideas for a fund raiser. We are already doing a bake sale in two weeks... what are some good ideas. ... |
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 How 2 get my birth certificate? |
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Additional Details
this question is serious evonne i..... i was hoping to get some ideas ... |
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 How should i deal with my $15,000 credit card debt? |
| in college, to survive, i racked up $15,000 on credit cards form 7 different credit card companies. i then graduated and have a job, but i am way over my head in bills. i'm never late on my ... |
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Jeremy C | If you had £250,000 savings and wanted to secure ur long term financial future, how would you/invest spend it? |
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Narky
 |
I'd get the money 1/3rd in to HSBC and one of their high interest paying savings accounts, as HSBC has more in deposits than it has in loans. And also 1/3rd in to Royal Bank of Scotland which also has high reserves. Rest would go in ISA at National Savings, a bit of gold bullion (kruggerrands), and a bit in Swiss bank account in Swiss Francs in case they devalue the pound.
I wouldn't have it in Halifax now they've told the market they have a conduit company in Jersey which could be £18 billion worth of trouble. Some banks are gonna follow the Northern Rock imo. |
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Drama Queen
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property |
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evajade2007
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property- Lease it out and you will be laughing |
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bluedoglondonlad
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buy property and let it out. you are getting a monthly payment plus the way properties are rising in cost you will have your investment rising at a far higher rate than any bank or building society could offer. also your investment is guaranteed. |
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deane c
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Bricks & Mortar (Houses) or Land |
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mainwoolly
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buy a house |
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alphacenturi
 |
The number one thing you should do is 'spread the risk'.
Split it across many investments with different companies on different areas such as shares, funds, etc.
You need to decide how much you want this capital to grow and how much of a risk your prepared to take.
For example:
100k on an absolute 100% (as near as you can) secure investment so it is completely safe but will probably only bring your fair returns.
100k on a medium risk, decent returns.
50k on high risk investments, your taking a gamble but you could get massive returns.
REMEMBER, this is not 3 investments, each amount you should split down further and invest with different companies on different types of investments.
I have a similar situation and a large chunk of it is invested in various 'funds' which are best discribed as a whole load of shares which the investment company holds, you go into the pot with many others and the company buys and sells these shares to keep the fund as a whole earning money.
Why not split your money into 10 x 25 grand investmnents as a nice round figure?
Ten companies, ten types of different investment and easy to keep and eye on as well as compare to the others.
2 things i urge you to remember.
First, Will you need access to any of this money in the near future if something goes wrong? Some have massive penalties if you take cash out early so make sure at least one or two give you access if you should need it.
You might want to put a large chunk into a pension but remember this could lock it away for a very long time, what happens if you want to buy a new house in 10 years time?
Second, Of course you need to take financial advice but BEWARE!
There is no such thing on this earth as an independant financial advisor in that they will never be independant of their own bank account. They work on commision and don't for a second think they will ever recommend you anything that will earn them nothing even if it is the best thing for you.
They are all supposed to give best advice, this is complete rubbish, they will sell you what makes them money so remember that.
Talk to lots of different people, read the financial pages of newspapers, the Which reports, etc of past performance, stick with the big well known companies and take your time. |
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Salinah
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Experience tell me..
invest in property and not in shares. |
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pcreamer2000
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If that was $250k US ..>I would diversify.
Put as much as u can depending on your current age...into IRA/ROTHS (if USA).
In my case I dedicate 35% of my $465k to retirement only related investments.... the IRA's are 32% ..the other 3% is in investmetns that I will never pull $$ from.
The other 65% is potentially usuable ...but also invested.
Currently seriously diverified.
I also have $80k in DRIP related investing which is buy direct & and auto reinvested of dividends......
That will in fact be my largest future investments in future.
(No costs,no fees -- just DRIP related).
www.moneypaper.com |
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liorio1
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I am a professional financial advisor and contrary to public opinion, it is unethical for us to promote any investment in which we receive any fee. You pay an hourly rate to set up a plan and that is all.
Having said that, I will key in on the term "long term". Overall, the going depository rate in the UK is roughly 6% give or take. This means that doing nothing, but putting it into savings will give you roughly 15000 pounds PA in income with no risk. In a little over 10 years your money will double, of course subject to tax.
You can buy gilt corp bonds and earn a bit more, say 6.5-7.5% and it will take you roughly 7.5 years to double your money.
You can invest in mutual funds where the underlying investments are stocks, the risk is generally higher, but so are the returns. If it is a long run play, then things have a way of settling out and this is your best bet. Naturally, I recommend that you diversify into at least 6 to 12 funds from different fund groups, this spreads the risk. Typical returns have been running 9-12%. Go to morningstar.com and pick only 5 star rated funds, ensuring well managed funds. In 6 years or less you have doubled your money.
Like all investments, you must monitor them and have an exit strategy. If a 5 star fund does not make as much as you thought, it may be time to sell it out and replace it.
I purposely left out stocks and real estate, because you truly need a depth of knowledge to invest in stocks and the real estate market has hit the floor and no one knows when it will rebound. In addition, there are always deductibles in RE, such as taxes, repairs, fuel costs etc. Hope this helps. |
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gumtrunk
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Investment bond with guaranteed return above the inflation rate. |
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Annie M
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Put in a high interest account, 90 day notice account and just leave it to gain interest. I recently invested the same amount of money but will need access to it, so Ive opted for lower interest and no notice account. |
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Feeling Mutual
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In the USA, I would invest in Tax Free Municipal bonds.
I am not sure what the equivilant is in the UK. |
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Lucky Man.
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Find a high interest account and let it grow. |
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Claude
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open a small business which is easy to maintain & run.. like a sandwich bar or even a small franchise store like KFC |
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Hart
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buy a land in asia (toyoko, hongkong,bangkok,korea)build small aparment near a university...... RICH RICH RICH
rent get higher every year..your 250,000 will come back in5years.. and then profit profit til you die |
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red head
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northern rock |
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goonern014
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invest in gold constantly rising , the dollar will collapse making your money worthless so invest in gold thats what all the elite mf's are doing as they know whats coming . |
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Mr Nobody
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Put it all on Red at the casino.
Or, buy Northern Rock shares. They're pretty cheap at the moment. |
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