![]() |
|
| *Home>>>Investment Account |
What type of investment should be made? |
If there is about 600 dollars to work with a month (though the amount may increase) and about 30 years to go with. There should not be a need to ever take it out, but remember, the money comes in every month. To answer your last question "What results in the most money at the end of the 30 years?" In the past (disclosure: past results do not guarantee future results) the answer has been investing in common stocks (or mutual funds that invest in them). Open a high interest savings account. I think the smartest way of investing is real estate. You can get great mortgages now for very little or no money down. Plus you can rent the place out and whatever is left over after the mortgage is profit. Also, in 30 years the place will be worth so much more that you can sell and make a huge profit. with a flucating 600 a month makes me a little skissh to recommend anything seriously investment wise you cannot add money to CD's and with online banks such as ING, HSBC etc...their online savings banks offers comparable rates to CD's plus you do NOT have to tie it up for x months. Avoid CDs so you're not locked in. Check out www.bankrate.com for the best money market rates. |
| Tags |
| Investment Company Investment Calculator Investment Bank Investment Advice Investment Account Invest Money Invest in Gold Invest Fund Income Fund |
| Related information |
Do you believe your advisor can beat your picks by 1.5% per year? Put another way, if you average 10% per year with index funds, do you think your advisor will do better than 11.5%? Is he THAT ... Could you meant First Atlantic Capital? I think there is a Canadian outfit by that name? ...Since you need the money so soon, you really don't have much risk tolerance. So I think you should stay out of the stock market. Put it in a CD or high interest checking account. You'd... savings accounts are just one of the tools that you need to use. They are great for accumulating funds, but not much good for making money. I really do not know the best investment. I do know some... There is no way to truely answer this without doing a risk profile on you. Most people will invest their retirement money in a higher risk fund while they're young and then move it towards mo... For the shorter-term, you may want to consider consumer staples and high yielding stocks. Of course, you could invest your money in a CD at your local bank for a few months, until the problems in ... You can move all your IRA assets into one account. There are no disadvantages, assuming you are keeping your assets and not withdrawing them early. The new account will not be a SEP IRA account... I am a commercial appraiser and deal with income producing regularly. A reserve for replacements is an essential part of being an investor. As far as a general percentage it really depends on what ... |
Categories--Copyright/IP Policy--Contact Webmaster |