but i do not know alot about it...what is something easy or simple to understand that could give me a little return! thanks!! If you are seeking 100% safety then look at CDs and Savings accounts.
A good investment that I personally own and I like to recommend to others, is a DRIP Plan.
They are seldom talked about because brokers make very little money when they suggest them. Yet, they have proven to be one of the best, if not the best, long-term strategy on Wall Street.
The best part is you get solid annual returns from well-known, safe Blue Chip companies like: McDonalds, General Electric, Pfizer, Walmart, US Bancorp.......etc........
They are perfect for small investors, as well as big investors. They are safe and allow you to not care about whether the market is going up or down.
DRIP Plans are designed to be long - term. The longer you keep the plan in effect, the better your returns will be. First rule of finance: All investments pay the same, once you have adjusted for the risk.
Low-risk = low reward.
High-risk = high reward (if you don't lose your money)
Before figureing out where the best place for the money is, we need to know a few things:
How long do you plan on holding onto the money before spending it?
Next week? Next month? 5 years? 30 years?
Anything under 10 years, and the money should go in a bank account.
More than 10 years, and you can start looking at stocks and other investments. start investing in SIP mutual funds
refer for knowdge
www.mutualfundsindia.com About 75% of all mutual funds under perform the market. All of them have management fees, and some have sales loads.
DRIP Plans are far less expensive and cost less to maintain. Plus, dividends in DRIP plans are reinvested for free. I had the same problem as you have.
I had a good amount of money, but didn't knew where to invest it.
So I looked around for something that gave me a great return towards a low risk.
And the only thing I could find was a mannaged account.
Here you can follow up my results of every day:
http://my-robottrader.blogspot.com/
I'm verry excited because I already have 48% ROI in Two months time.
My moneymannager is giving me great support, and answer all of my questions almost immediatly.
Annyway feel free to contact me (adress on my blog) and I'll bring you in direct contact with my money mannager. | 