![]() |
|
| *Home>>>Invest Money |
I would like to invest money in what should i invest?i dont know to much about this subject? |
I would like to invest money in what should i invest?i dont know to much about this subject? Invest in property. Buy a small piece of land, keep it for awhile and sell it when property value goes up. Talk to an Independent Financial Adviser if you have that much to invest. If not, stick to a standard high-rate savings account. since you will need to pay for your own retirement, your best bet would be saving $1,000 a year and putting it into a Roth IRA. You should not invest until all your important things are paid for. Do you have a good health insurance plan? If you don't know much about investing, I would strongly recommend that you subscribe to a financial publication like "Money" magazine. It's suitable for beginners and advanced investors. I think a financial advisor would be the best person to ask. Invest in government bonds or proven alternative sources of energy. Before you start, learn the basics. There's plenty of information on the net about it. After that, establish an emergency savings account for money you may need quickly. Look into monry market accounts and money market mutual funds. Then, to start in the stock market, start off with mutual funds. Low cost, diversification, and professional management. T.Rowe Price would be a good place to look. They give great information. Then, look into current income investments, such as high quality, high yield bonds. Also, contact an investment broker. They will explain everything you want to know about investing. Good luck. |
| Tags |
| Investment Calculator Investment Bank Investment Advice Investment Account Invest Money Invest in Gold Invest Fund Income Fund |
| Related information |
If new at this try going to your bank see who they would recommend as a financial planner so that your investments have a chance of paying off. If you do not know much about Stocks or mutual funds ... If "corporate pension" indicates a defined benefit pension plan then the answer is no. Assets in these plans are invested in a trust where the investments are directed by the plan truste... sorry dear, there is no "fast" way of doing it thats not risky..try vegas! ...Possibly ...You can start investing with as little as $50 for some stocks and funds. Consider investing in a mutual fund instead of just one stock... essentially what that does is buys you a share of the fund... you can set up your own brokerage acct on fidelity or wherever. if ur a newbie, i recommend that you stick to mutual funds. single stocks are risky & not a place to put your sole/primary source... Buy a CD from a federally insured bank (in the USA anyway) ...Quick better return?? The longer the wait, the sweeter the fruit. for example in real estate, if you buy and sell quickly, a lot of tax will result which will lower your margins. And as many spoke ... |
Categories--Copyright/IP Policy--Contact Webmaster |