I've started a business in the past two years, and my income has increased and I don't know how to invest.

Used my retirement and savings to open business. So, I'm 62 years of age making quarter of a mill,. Where do I start? I want to invest in US and other countries. Now my money is kept under the mattress until I feel comfortable with investment ideas. I was burned once, this prompted me to purchase a few stock, on my own. Looking for outstanding returns. What must I Do?

Darn, we should all have your problem. You have done well. But then almost no one wants to work for the rest of their lives.

Outstanding returns unfortunately correspond with outstanding risks. You are at the time in your life where a lot of risk is not really something you should be undergoing. Some risk might be appropriate but if you screw up there is not a lot of opportunity to recover.

There are any number of mutual funds that offer an opportunity for reasonable returns, especially those with investments in the developing economies and those with investments in economies with solid currencies. Some might even provide outstanding returns but they will be an exception. Strive instead for about 12% returns for the largest portion of your investments. You can attempt a greater return with up to maybe 20% of your investments but the risk is that you will perhaps wind up with a -20%.

Places to investigate are Fidelity, T Rowe Price, Vanguard, and for your high risk, high reward portion perhaps CHN or CAF.

Look for stock like GE, ATT&T, and Disney. These are dividends paying stock. Well since you are 62, you should invest insomthing that is not so risky. Because if it goes down you, you don' thave time to wait for it to rise back to the level that you brought it. You are near your retirement, so it is wise for you to look for an investment with fix income. Now, don't put your all your money in one basket (diversify). Look into stock that offeres DRIP. Direct Reinvestment Plan. Every stock is risky, research before you buy..

put it in a money market fund till you figure out how to invest.

Hi,

Depending on your age, a mix of of 1 or 2 good US mutual funds that are broadly diversified and perhaps an index fund. Also, 40-60% in a broadly diversified international fund that includes about 20% in emerging markets. Then stay put. Since you are unsure,
I would avoid individual stocks. Look at Vanguard, Fidelity; well know names with low expenses. You should also consider asking your question on Moneyrec.com. There have been more specific ideas posted on this site and its free to users.

Regards and good luck!

Bunny