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Please a good samaritan should tell me where to invest my money.? |
possibly a reliable place that will not disappear with my money.(scam). Until you study the Yahoo finance education section, put it in a CitiBank savings at 5% (decent until you get the hang of investing from the studying). Then you might consider the Canadian energy companies but buy after they drop (they are at a high currently) sure in yourself!!! Try a savings account. hemp I have a couple thousand in mutual funds, those seem to do well often. Just Google "mutual fund research" and you can see the history of the stocks, the risk factor, the companies that the funds go to and other useful information. I invested $1000 in a mutual fund and made it to $1600 in a few months. But I have also lost some money in the stock market. If you research you can generally do well with it. If you want to invest money for a long time (greater than 5 years), go with index funds (ETFs) . Spread the money around between large, mid, small cap, value and growth funds. |
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what a can of worms u want to open here. suggest a visit to library for solid answers. never invest in anything 'if it is the latest greatest guaranteed high return' thing. greates... You have to watch stocks Q over Q. Unless you are willing to do that, you are better off with a low cost equity income mutual fund from Vanguard, Fidelity, or T. Row Price. Just pick one with a g... You should realize that saving and investing are 2 different things. The way to save for the future, more than 5 years or for retirement is through non-load mutual funds or ETF's. Retirement ... Please listen to me. Tech is going to be the thing for 2007. Put money into Apple Monday because Tuesday, they will have thier annual conference, probably coming out with a phone that combines an i... Credit repair can only be achieved through financial discipline and hard work. Any easy way out of a poor credit history is undoubtedly tempting, but it may lead to further financial difficulties i... I have invested in my friend's business and now I am getting guaranteed 40% annual interest. Don't invest in stocks. The risk to lose your money is too high. I wish you success! ...$2000 is not enough money for you to invest and get any sort of reasonable return. Your safest bet is a CD (yield is around 3% per annum). Highest risk would be a penny stock (stocks under $5). ... this is not the place and time for seeking guidance on how to ruin one's life ... |
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