What will be the best way to invest the money for my future ?

Depends if you are risk averse or not. If you are looking to make a good return over many years pick a few stocks that you like and hold onto them for a while. Look for good companies that you think are actually going somewhere.

I don't really like traditional investment advice that says be fully diversified in many stocks and a mixture of bonds because Warren Buffet made his fortune by only investing in around 7 companies at a time. He says that diversification is really only for people that are poor at picking good stocks so they have to have to own many stocks to average out their bad investments.

If you are more adverse to risk I would recommend buying some corporate bonds. They are less risky and pay pretty decent return even in this down market.

Now would also be a good time to buy some real estate. Maybe start with some small duplex apartments and rent them out to people. You will need your own company set up for this. (Usually an LLC) and by doing that you get great tax breaks due to the depreciation expense and repair expenses that you can write off on your investments. Those are just a few ideas.

Live below your means and save and invest the difference. Start with an employer 401k. If that is not available to you, open a ROTH IRA account at vanguard or fidelity and invest in a target retirement mutual fund.

hi i have an interesting offer 4u which fetches u money for 2 generations it is tru e-commerce.if u r interested mail me@simplehonest_t@yahoo.co.in

I buy BRKB stocks.

Sit on them until you retire.

Check their performance over the years.

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 risky. Most folks have a dificult time buying a properly balanced portfoilio of stocks on their own. They will misbalance their portfolio by buying all small stocks or all growth stocks, or some other misbalanced assortment of stocks. Unless you know what you are doing, it is best to buy mutual funds. I like Vanguard.com, other people like Fidelity, TIAA-CREF, and DFA. Buy no-load, low cost funds. If you are like most people you will invest part of your money aggressively in stock funds, and part conservatively in money market funds and bond funds. Vanguard.com has an on-line questionnaire which will give you an idea of how to do "Asset Allocation," determining how much to put in each type of fund.

If your company offers a 401K plan at work, try to invest the most you can. The money grows tax free, and some companies will match your contribution. Investing in a mutual fund IRA is also a good idea. If you have children, you may want to consider a 529 plan or other college savings plan that grows tax free.

I like index funds. Because of their broad diversification, you are less likely to have a dramatic drop in value. They also have the lowest expenses. For stock funds, I would suggest putting ~70-80% of your money in the Vanguard Total Stock Market Index Fund. and ~20-30% in a foreign stock index fund. However, there are many different opinions out there on what the best mutual funds are. Read the links below and form your own opinion.

Buying a house instead of renting will save you a lot of money in the long run. You don't have to pay rent and you build equity in your house instead. Buying rental property can also be a good investment. However, being a landlord can be hard work, and many people are not good at it. If you don't know how to handle deadbeat renters, you can have trouble.

If you have high-interest debt, like credit cards, it is best to pay this off first before trying most of the investment ideas above. You should also have 3-6 months of salary saved up as an emergency fund in a bank or money market fund before trying more risky investments.

Believing advice you get on Yahoo answers can be risky, so read these websites for further information. If you find it too confusing, contact a professional financial advisor. They will charge you significant commissions, however.

Sources:

http://www.vanguard.com/VGApp/hnw/planni...
http://www.fool.com/school.htm
http://sec.gov/investor/pubs/assetalloca...
http://www.diehards.org/readsites.htm
http://finance.yahoo.com/education/begin...
http://finance.yahoo.com/funds/basics

Asset Allocation Calculators
(Determining how much to put in stocks and how much into bonds and money markets is a personal decision depending on your financial status. These Asset Allocation questionaires give you a rough idea how to do this. I like Vanguard best, but try some of the other sites as well.)
https://personal.vanguard.com/VGApp/hnw/...
https://ais2.tiaa-cref.org/cgi-bin/WebOb...
http://www.ifa.com/SurveyNET/index.aspx

Web forum: http://www.diehards.org/
(Many investment web forums are overrun by scam artists. This one seems the most legitimate site.)


529 plans: http://www.savingforcollege.com