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Would like to invest some money what is good investment and why? |
Would like to invest some money what is good investment and why? There are investments and there are speculations. Buying land with the hopes that a shopping center goes in nearby and increases the value of your property is speculating. Buying land to build a shopping center is an investment. Buying stocks because you hope they will go up and you can make a quick buck is speculation. Buying stock in a company that you appreciate and in this way want to be part of, that is investment. Real estate is always a good investment. Start with a balanced fund then do your own research and reading to see if you want to take on more risk than that. Good balanced funds = Vanguard Star, or FBALX or OAKBX. It depends on how much money you have, and how long you can afford to "Lock it up" Depending where you live, Land or housing is usualy a good investment. If you don't have a lot of money, but can afford to do with out it for a few years, look at investing in mutual funds. Check the past performance on a fund before investing to get an idea of how well it's mananged, and what you expected return MIGHT be. Real Estate is the best investment. Look at your area is it growing and moving upward. If now look for an area that is. You don't want you money sitting too long in a property, 3 - 4 years tops. Buy a home low and rent it out. Let the renters pay your mortgage. Screen renters well. Sit back and watch your nest egg grow. Depends on what you define "good" as. If "good" means "safe" you can buy US Savings bonds for as little as $25 each. Hi, i suggest a great site with plenty of Issues related to your investing and everything around it. it also provide clear and accurate answer to many common questions. |
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