I have 98,500 bucks to invest with......?

I have 98,500 bucks to invest with.

In order to have access to this money I MUST pay 850 per month.

I want to invest in a mutual fund, stock, etc but am not sure which way to turn. So I'm asking for your advice.

Again I need to make over 850 dollars a month with this money. Anything over 850 is profit. Anything under is a loss.

I understand that some months I will be at a total loss and others I will profit.

Please give me some personal insight on what you would do.


THANKS!!

You want to borrow money, and put yourself in a position to have to make 10% just to break even? That is investment suicide. If the market makes one dip (see last 8 weeks) you will have to get 15% or more. You may never catch back up.

Also, your interest rate on borrowing that money is awful. If you had an interest rate of 5% we would be having a different conversation. But for now, it seems to me that you should try saving new money and then invest that, rather than gambling the money you have already managed to save.

wow if you have that much money io invest you must be loaded (:

yea i got this guy that works for edward jones and hes making me a profit

No mutual fund will get you that much. If you want to make over $850 a month your only option is trading.

Once you've learned to trade you could make 5%,10%, or more off your money every month.

However you need to take a few months to learn the ropes (without investing real money first).

This is a good website that can teach you a lot and give you good tips and techniques on how to make money in the market.

Fidelity just reopened investment in its Magellan fund, but if you are taking out a loan just to invest... that's not a good idea. that increases your risk exponentially.

Not sure you are being clear in your question, but if I understand it correctly you need to generate at least 850 bucks per month before you get any cash flow over and above that amount. That's an equivilant yearly return of over 10% right off the bat. But lets say you experience a series of down months where you lose 15% of your portfolio's value....you still have to make $850 per month before you even see a penny but instead of 10% equivilant you are now talking about an equivilant yearly return of over 12%...

Not sure what kind of scheme you are getting into but why bother? You could just as easily not make anything.

I'm already earning more each month with an investment of 10.000$

http://my-robottrader.blogspot.com/

Here you can see my live results that have been made by a money mannager.
It's verry simple they trade my money take a piece of the profit and I can enjoy the rest of my money.
Without doing annything.
Annyway if you want to have some more information you can always feel free to give mean email (my adress is on the blog) and if you wantI can bring you in direct contact with my moneymannager himself.

Investing with borrowed money is never a good idea. It's better to invest $1,000 of your own money than $98,500 borrowed. If you lose, it wont hurt as much. Get yourself educated before you invest.