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What is the best way to save money and invest some money? |
I am a single mother who has 2 boys and am about to have the advantage of saving a few bucks each month after paying all of the bills...any suggestions on how to safely invest ? put a regular amount each month into a bank or mutual fund money market account, and once you've saved up enough you can start to diversity into riskier but potentially more lucrative stock and bond mutual funds. Starting out like you are, probably best to establish the savings discipline by regular savings. http://www.daveramsey.com a deposit bond. check your bank for rates, they can also be competitive on their intrest returns so do some shopping Get your money to work for you instead of you working for it! TD Ameritrade and invest in DIA. |
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