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What is the best way to invest some money ? but some one only have little saving? |
i have a very little mean very little saving i like to invest and don't want to touch that investment for two to three years . please advice me . thanks Go to your local bank and put it in a CD. get in the wholesale business Play the lotto... I have working with a fundraising site, they help you raise money for whatever your currect cituation calls for, no need to pay it back, not a loan of any type. Check out the website below. If you are okay waiting for 5 years, then I'd go for a good mutual fund. They are easy to set up. I say wait 5 years becuase the chances of making a good return if you wait 5 years are really good. |
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Hello, I also had a similair problem as you have. I had a good amount of money, and wanted it to grow. So I looked around on the internet to find something that is: 1) giving me great returns... Open up a Stock Index no-load mutual fund. Serious...take those words to your local bank and tell them you want that. If they don't offer it, go to the next bank or brokerage company or on... Keep yourself a ~2 month cushion in liquid assets (cash) so you'll be covered in the event of a layoff. Keep the rest in equities based on broad, stock-based indexes like the S&P 500. ... You need to diversify - this will mitigate risk. The idea is not to put all your eggs in one basket. Here is a great article by Jonathan Clements on how to do this (remember, you'll have to... Just a suggestion - keep it diverse, 401K, Mutual Funds, IRA's are all good - if your employer sponsors a 401K, that's where you should start. No matter where you put it, though, pay yo... Go more into the stocks, and in current technology type fields, as your young and can afford risk, but that is if this all is intendend to be for long term investment, if portions are for shorter t... You are 22 years old -- What an opportunity! Let's go through Roth IRA basic. The friend that said you should contribute to a Roth IRA is very smart. As a 22 years old, you are allowe... There are so many places you can invest your money its ridiculous. The first place you should invest is for retirement. There are many other places you should invest so you can earn some nice retur... |
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