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What are some good safe investments? |
I need some advice and direction to go about investments? Investing in stocks is too risky for you as a beginner. mutral funds bet on the celtics....they win 80 percent of the time Everybody definition of safe is different. Safe could be a money market fund in a brokerage account but your return on investment would not keep up with inflation. If you have a longer time frame(5+ years), you could take on more risk. Perhaps a Balanced Mutual Fund which would include stocks & bonds and generally less risk than an all stock fund. Start looking around at the low cost providers like Fidelity & Vanguard. Their websites are great to learn from. Do your own homework and make your own decisions, it will serve you well in the long run. Good luck! If you decide to go with mutual funds, do your homework. About 75% of them under perform the market. All of them have management fees. And some have sales loads. i would like to say u have to investment in hospitality secton to u get good profit How old are you? If you are close to retirement, bonds or Treasuries are good. If you have 20+ years to invest before retiring, pay yourself first every paycheck. (try for 10%, but start w SOMETHING every payday). Investing For Dummies, 4th Edition (Paperback) Here are your best answer www.89903.com I had the same problem as you have. |
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