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What is the best way for me to invest my money, not stock market, with only a thousand dollars 1000 dolars? |
What is the best way for me to invest my money, not stock market, with only a thousand dollars 1000 dolars? You can invest in Mutual Funds, especially non equity funds. You can even invest money in life insurance. I would invest it in a mutual fund that meets your investment needs, either long term gain or preservation of income and capital. If you have a retirement plan, contribute that $1000 into it. Just get a CD or something reliable....short term investment...guarunteed...... mutual funds What is your goal, when will you need the money, how much risk are you willing to take, do you understand 'investing'...or are you a saver, etc etc. Too many questions. A simple thought, buy something you absolutely know you can sell for significantly more than the purchase price and go for it. I have made $$$ doing just that. This is a business approsch, not an investment as such. The key though is 'absolutely know'... The best home business....passive income. It is always best to pay down your debts first. If you have a credit card bill that is charging you terrible interest rates, get rid of that first, then you can invest. If you have any debt, pay that toward the debt with the highest rate of interest. |
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The best way to start off is to invest in your education, get that degree first. This will open up a lot of doors for you. There's no guarantee, but is shows that you know how to learn and h... Definitely try something new and innovative, like maybe a cord free mouse ...Do a short term certificate of deposit (CD) account available at most banks. You won't yield as much as you could if you put it in for 1-5 years but more than you would had you not invested it... A money market account, real estate or a CD. I would contact local banks to see which ones have the best return rates for a money market or CD. ...WELL DUDE ....CANT SAY OF TOMORROW BUT I HAVE A GOOD RECCOMENDETATION FOR U FOR THE COMING 3 MONTHS. BUY "FINOLEX INDUSTRIES". TARGET 96 RS/- TIMEFRAME 2-3 MONTHS POTENTIAL UPSIDE 20% Standard investment advice is that you should invest in a diversified mix of stocks, bonds, and money market funds. You want to buy a diversified portfolio of stocks as individual stocks are too ri... there are full service brokers and there are financial advisors. They are two different entities. Brokers charge commissions on executed trades. Financial advisors charge commissions on assets u... buy a diversified mutual fund which focuses on the global markets, Vangaurd World Index Fund is diversified for countries around the globe. ... |
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