![]() |
|
| *Home>>>Invest Money |
Whats the best way to invest money in something to make more money? Or to save it up? |
I would like to learn more about investing, and ways to save money and put it back. Any have any good tips, or books, or suggestions? I know nothing about it, if someone wouldn't mind giving me some pointers, and maybe explaining how it works and the best way to go about doing it. JC: Wow, mutual funds sounds like it might be a good way to go, so I'll have to look into that to. Anyone got any tips on mutual funds or a good way to go about doing that? That would be appreciated to. So far I am think either some kind of bond/s or mutual funds. Well I work for a large mutual fund company that specializes in long term growth. With mutual funds you can save for retirement, college for your kids, or just earn some income for the future. Mutual funds dont make there money in a day, there long term and you make more money the longer you leave your money in your account. For example if your 20, you invest $2000 per year for 10 years, stop at age 30 ($20,000) and never put money in your account again and by the time your 65, you take your money out, you will have over a million bucks in your account..thats the magic of compound interest. The earlier you start, the more money you make. |
| Tags |
| Investment Calculator Investment Bank Investment Advice Investment Account Invest Money Invest in Gold Invest Fund Income Fund |
| Related information |
Standard investment advice is that you should invest in a diversified mix of stocks, bonds, and money market funds. If you are like most people you will invest part of your money aggressively in s... INVEST IN MY ACCOUNT U'LL GET ONLY UR 5% CASH BACK .................... ...You sure can. Open up a brokerage account and you can invest in stocks, etfs, mutual funds, CDs, bonds, options. /// ...Start a small business of making greeting cards and sell them to families of the students via their children. Alternatively, by five items from expensive to the less expensive and run a lottery ... First, pay off all short term debt. If you have a credit card interest rate of say, 21%, that's an instant tax-free return of 21% per year on your money. Next, if your company has a 401(k) ... first of all you should decide if you want to manage the investment yourself or have somebody manage it for you. If you choose the first option you will need to learn a great deal about the markets... First, I would make sure you have at least 3 months salary saved up in the bank or in a money market fund for an emergency fund. (Some people say 6 months.) Financial disasters like getting layed o... I like Fidelity.com. You can buy CDs on line and don't have to mess with filling out all the forms with a brick and mortar bank. /// ... |
Categories--Copyright/IP Policy--Contact Webmaster |