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What should I invest my money to retire early? |
What should I invest my money to retire early? The first two answers mention real estate but the most important part of real estate investing is "positive cash flow". Make sure the rent more than covers the mortgage + property tax + maintenance. If you don't have positive cash flow and are just counting on price appreciation, you are gambling, not investing. real estate Food, Sewage, Funeral Homes.......... depends how much are u talking about? Lower amounts dont matter as much as larger amounts especially if you are young early to mid twentys You are asking a loaded question. In the next ten years there will be 76,000,000 people retiring, that alone will shift much of life as we know it. Real estate may peter out as baby boomers sell their big homes for smaller ones. Stocks may not do so well with less workers to perform tasks. Commerce (GNP) will slow as there are less buying dollars. Foreign powers will gain strength, economic and political. Sirius radio, it will grow by double every year for the next ten years. |
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First you have to open a DEMAT account with a Broker or a Bank (india bulls, sharekhan, ICICI Direct etc), once your account is activated you have to transfer money in the same and then you are rea... If you invest money in just one stock you are subject to a great deal of risk. Any darn thing could happen to that one stock. Your best options are managed mutual funds and index funds. That way... robertspraguejr actually gives pretty good advice. But before you take his advice, or anyone else's, you need to give yourself a basic foundation and understanding of how money works. As y... Invest in yourself with education. That doesn't have to mean going to Yale or Harvard and can be as simple as reading books or magazines on investments, books to learn new skills, and workshop... The stock market is a bad investment in the short term--it is too volatile, and you could end up losing quite a bit of money. A good short-term investment would be a certificate of deposit (CD) or... The safest investment is cd or regular savings account.The disadvantage of cd's is that they require you to leave your money alone for the term of the cd,or you lose your interest.Now they hav... well to invest in shares u need to have a lotta knowledge reg. the markets and stuff... for that basically u need to open something called a Dmat(Dematerialised account) to start with for which ag... Great, start learning the basics of fundamentals and technical analysis so you will be more informed in your investments. Until then you can find all the basic info you need to learn on websites fo... |
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