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I am only in college and i am wanting to know a good way to invest money to make money..? |
What is a good way to go...a roth ira...stocks...bonds.... savings accounts dont work for me.... i just want money to start building for the future.... how should i go about it i dont know about much o this stuff First of all, if you are in college and want to start investing....great job on starting early it will pay off for you huge in the long run. I assume that if you are in college you don't have a lot to start with right now. Thats not important, what is important is that you start good habits early. You mentioned a Roth in your question....a Roth IRA is not actually an investment, it is a type of investment vehicle. You can purchase the exact same investment and put it in a Roth or not....it all depends upon the purpose of the investment...a Roth IRA is a great retirement vehicle. If you are just starting out with a littlbe bit each month I would recomend a mutual fund that allows the fund managers to invest in many different asset classes both internationally and domestically. A good example of this type of fund is one that I own called the Ivy Asset Strategy fund. A fund like this is a great place to start, then as you have more to invest you can diversify more and create a more customized strategy. Again great job for starting early....you will be thrilled in 30 years. You need a Mutual Fund.!! Mutual Funds and ETF's. Avoid stocks, they are too volatile, and remember there is no such thing as a low risk stock, that'll earn you money. Look at Enron, everybody thought it would never go bankrupt. Open a brokerage account at Zecco and invest in Microsoft, Nintendo, Sony, Apple and Yahoo! Check this out: Visit www.traveldior.biz (buy travel agency) and Get paid to travel! Earn $1,000 for every six people recruited. Receive $10,000 tax bonuses. Aquire 60% commissions and 70% reduction in airfare. Journey to hotels and cruises for less. |
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I would pick up a Suze Orman book, she gives great advice on the personal finance of every day people. Also get a subscription to IBD or the Wall Street Journal. You can use their online databases ... Don't invest at all if you're thinking of only 2 months. And don't put all your money in stocks. See a financial adviser. Build a portofolio that has a combination of stocks... hi, Suzlon is a good option, but u got to be a lot cautious these dayus while incesting.....if u dont knw much abt the market....thn u can get registered with a consultant...who can give u good ... How's Gandhi? ...Mutual funds have an average return of 12% over the past 28 years. That might be a good vehicle for you. Banks take YOUR money and invest it earning well over 40% and pay you 5%. Most banks (and... Hi, First you need to check the Indian Market everyday. Sensex goes up and down everyday. Are you an Australian?....... as i need to know this first. You can contact an Indian bank in Aus.. if t... I think you can only have a 401K through your employer. If they don't offer you one, your next best option is to open up a Roth IRA. This type of IRA lets you contribute after tax money into... Explore your world. If you like investing, learn fundamental and technical analysis. It takes hard work to be informed and to get an edge. This is long-term -- I'd recommend Stikky Stock Ch... |
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