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Where can I invest some money?


I dont have bunches of money, but I want to invest money somewhere that will make my investment make money quickly. Does anyone have any suggestions please. I do not want to be scamed, and lose my money-

Dear LEE!
There are various ways to invest small amount of money.
I'm not a financial guru, but I am getting 40%-50% annual interest.
I can help you to invest your money in a way that best suits your needs.
You need to be careful if you do not want to be scamed, and lose your money.
E-mail me more information about your needs and plans, and I'll give you advice.

Good luck!
Lucky AL

Right now the metals market is hot. Gold and silver, they are both skyrocketing in price. You can find reputable dealers online, APMEX is one that I trust. Gold and silver coins, pure only, not 40%, are a good bet as you will always be able to sell them. For example, I bought my wife a 1 ounce gold piece for christmas 3 years ago at $513, today's price is $835. Most investors who know their stuff will suggest investing 20% or so of your total holdings (stocks, retirement acct, etc) in precious metals. Bad investment advisors will tell you to buy stock only.

It depends on how much you have and what you're investing for and when you need it, etc... If you want very low risk, which I'm assuming you do - since you don't know much about investing and don't want to risk losing you money, I would say you can invest in semi-conservative mutual funds (for long term). If you think you'll be needing the money in less than 5 years, you should probably stay out of the stock market/mutual fund arena and simply buy CD's (Certificates of Deposit), or put your money into a high yield money market account. You could probably look for close to 5% interest this way - depending.

Investments involve risk so get the idea of quick money out of your head. If it was that easy, we'd all be rich.

The best thing you can do is set up a diversified portfolio of index funds and leave it alone. This is the proper way to invest.

Over time, this will earn you the most money.

I suggest you buy a target retirement fund. I like Vanguard.

Good question. We would need more information about you in order to help you. Like your age, investment time frame etc. Please read my profile and send me some information about yourself. I will be happy to give you some direction

Since you don't have a lot of money, you must be careful of so-called 'get rich quick' schemes. Also, investing is a matter of how much time, patience, and money a person has. Since you didn't state how much money you had to invest, here are my thoughts:

1) Do you have an emergency fund that has 3-6 months worth of expenses? If so, great. If not, I would save money for your emergency fund first.

2) If you are employed, are you contributing to a 401k plan and/or Roth IRA? If not, you may want to invest in those accounts before investing in regular (non-retirement) accounts.

3) Once your emergency fund has been established and you have contributed to your retirement account(s),then you can work on investing in a non-retirement account. This will depend on your time horizon. If you are looking for easy access to your money and have a low time horizon (5 yrs or less), then a money market account or CD would be better for you. If you have a long time horizon (10yrs or more), then investing in either index funds or actively managed mutual funds through Vanguard, Fidelity, or T. Rowe Price would be better. As one responder noted, it is very important to diversify as well. You need to make sure your overall portfolio has cash, bonds, and equities (i.e. don't put all of your eggs in one basket). Good Luck.

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