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I have a 1000 dollars. So, how can I make more money and invest. Give me ideas? |
Okay I have a 1000 dollars and I would like to invest. So, give me some ideas on how to make more MONEY. Ex. small ads in the newspaper, craigslist or something....help me out Well, if you're not seasoned with stocks, I would take the advice of others and invest it in an online high yield savings account or money market. stocks Get a high interest Certificate of Deposit. That's about the most you can do with a thousand dollars. -Invest in stocks i wouldnt buy shares at the moment since the stock markets are still falling, wait a bit longer and you will be able to get some bargains! especially in the financial sector. I've been recommending to my friends and family to buy 50/50 split of gold and silver. You can buy gold and silver using symbols GLD and SLV. Gold has been going up over 30% per year and silver is over 50%. With the USD getting trashed because the Fed is lowering interest rates to slow the effects of the housing crises and Bush's war is increasing our deficit. A lower USD trend should continue which means higher prices for gold and silver. Open a forex account. You can open one up with as little as $250. If you are in the US, be sure to get an account with a regulated brokerage, such as forex.com. I came across a website a while ago that utilizes smart software to pick stocks that are poised to move (up or down). The stock market can be a very rewarding place to invest, but I would add that the secret to success here is knowing how to pick stocks. Look at CDs or mutual funds. The stock market is too volatile right now and not a place for beginners to be buying stock. You can open an free Marketiva forex \gold\fund\indexs online trading account , with $5 reward and $20000 virtrual fund for practice .Just click the following link to open an account. |
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you are correct. If they do go belly up, it will take a while for FDIC to cover your CDs, and they will not cover the interest only the principle. Now Bank America has taken a very large position... I would have to look at the details of the plan, but initially, this sounds like one of the dumbest things I have ever heard. 1) Credit cards won't give you a high enough limit to buy real ... go to your financial adviser or to your bank financial representative,they will give a good advise ...my rule of thumb for this is to reduce debt if the interest rate on the debt is over 1/2 my long run average rate of return for the asset i'm thinking of investing in. I ignore taxes when I m... Try one of the " alternative energy" ETF's...PBW or GEX.. with the cost of oil staying high , other sources of energy are really being explored. ...sooo...what did u intend to ask??? it doesnt seem like a question to me...its like asking permission...and i wonder whom u were asking permission to invest here... any ways..i wush u good luck...... Get a CD from any bank and have option to deposit interest every month to your checking account. Buy a bond with monthly coupon payment. Get an annuity with monthly payment. ...Now is a great time to buy. In a few years you will make a lot of money. The best to you!. ... |
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