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What would be a good investment for $5000?


Bank interest takes a while to get anything, an dhte reaturns aren't that great.

What would be a good $5000 investment that would yield a decent return rate, even if it is reasonably risky?

Depending on where you live, use the money for a downpayment on a rental property, or a personal residence. I quit working at the age of 28 (3years ago) and live off of rental property that I purchased through my 20's. I saved every penny I had for down payments on new propertys. Now I save to pay them off.

find a good mutual fund

RRSP of course

Send it to me!

Or you could reply to one of these emails that ask you to help get millions out of Nigeria or where ever!

Either one of the above will make sure you never see a return on your money or your money back!

I am not really asking you to send me any money. It is just a way of warning you against 'get rich quick schemes!!!

I agree with the 1st responder. A couple of good mutual funds or index funds should yield you about 10% annually if you are patient. Fidelity, T Rowe Price are a couple to investigate. Perhaps $2500 in two different funds to give yourself best possible chance.

Listen to Italian Girl!!

She's got a good meatball on her shoulders!!!

Go aggressive, sit back, and don't watch the pot.

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