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How could i invest wisely money? |
How could i invest wisely money? What ever you chose to invest in make sure and do not put all your eggs in one basket. Mutual funds are about the safest for the long term. Stocks if you are a risk taker and even a low yield savings account is better then just putting it in a jar. I invested in a mutual fund years ago and started it with a few hundred dollars. I forgot all about it and just discovered it last year. It is now worth over 23,000.00 dollars. By the time I get retirement age which may be never if it keeps going up it will be worth 12 times that. That's how you invest wisely, put it in and forget about it If you think you will need the money any time soon then don't invest it. Pick what you know. Do you like books? Invest in these. Do you work in health care? Invest in stock of health care stuff. But make sure you do research on your own. I depends on what you are looking to invest in. You could hire me. Read books about Warren Buffett - he's the greatest investor of all time. Go for the internet business which require less of your time and the one that will not make you feel headache with web designing or which require IT knowledge. Second, choose the internet based company which offer you the opportunity and at the same time giving you the convenience to start the business where all the things are automated. Third, choose the business which does not require big money to start it. |
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Right now I would invest half or less of your money in the stock market and the other half in a high yield savings account that will guarantee you at least 4% or more. Here is a link to some great ... The first poster is correct. Bonds (or Treasury Bills, T-Bills) are the safest investment. They are considered risk free, and they're currently paying in the high 4-5% range. However, you c... Share market is not for short term gains, especially for freshers like you. Gambling may be better than that. Any investment will be for more than two or three years. Short term is not investmen... 1. Max out your 401(k) or open an IRA. (spread between small-large cap and emerging markets.) Stay away from bonds 2. Pay down any high interest debt. 3. Try and keep 3+ months salary in a... What might be proper for one person may not be so for another. As one of your responders mentioned for many mutual funds are a good way to invest. The main problem with investing in mutual funds ... Yes can invest ...When you buy real estate you are right to buy when the price is low. Prices in Michigan would seem low when compared to prices in Maui. You must understand prices change based on location. Ok? I ad... Personally for me, I find that the Paypals mm is good, but I understand your fear in investing in stocks as they carry a lot of risk. But without a little bit of risk, no rewards, which is why I s... |
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