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The best investment? |
What is the best way to invest $1,000 dollars and get a fast and a lot in return? Pls, this is serious question. Also provide information. Thanks for all the good and decent answers. Start up your own part time service business. Then put that $1000 toward business cards, marketing, and other things you'll need to start it up. Then list your service on craigslist.com and other places. I would say a good mutual fund or a savings account with a high interest rate. Another idea is the stock market if you can buy low and sell high. Stock Market me. ill give you a 50% return of your money after 1 year. don't mean any offence but you said " Timing the stock market is very risky. If you need the money in less than 3 years then it is considered risky since the market may go down suddenly and you would not have the time to wait for it to go back up. Market declines are not a probability, they are a certainty. It is not a matter of if, it is a mater of when. There is no such thing as a free lunch so your best bet might be a high yield money market or if you can wait the time a diversified portfolio of mutual funds. |
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