Where to Invest $1,000.00?

Hello all,

I currently have a UGMA/UTMA Vanguard investment and I will be cashing in some of it for a necessary home repair. I am going to have 1,000 left over and I would really like to start a new investment. The UGMA investment was not a heavy mover..(increased 1,000 in 5 years). I dont know much about investments or stocks but I am looking at starting a new investment maybe outside of vanguard. Im 22 years old and I am looking for something that has a solid potential for good growth. I plan to also contribute more to it from time to time. Anyone have any good suggestions??? Thanks!

I would seriously consider putting the $1000 into a China index or fund, I believe that is where the big money will be made in the next 10-20 years.

http://finance.yahoo.com/q?s=tdf

Don't go for stocks. Since the stock market is not going so well, overseas investments would be the best choice.

Try to invest in someones business. You may receive up to 20% guaranteed interest a year. You will not get such high guaranteed returns on stocks, mutual funds, bonds or CD's.
If you invest $1,000 at 20% annual interest rate, you will get back $2,488.32 in 5 years. I run my own business and my net profit is over 5% a month.

Email me at investment4us@hotmail.com and I'll give you a valuable advice if you are serious about investing. Please don't forget to mention your nickname and question at Y.A.
Best of luck!

Go stocks trust me. Yeah the markets slow but smart investements will pay more interest than CD's, Bonds, or Mutual funds. Remember try to surpass inflation. CD, Bonds certainly don't pay 20% compound thats ridiculus i dont know what that guy is talking about but stay in Stock. Going forward of course stay away from housing its just plain bad. Aim for tech.It seems that Technolgy is the next big growth sector. GOOGLE symbol:GOOG is a very positive growing company. I beleive they will be your phone company as well as cable and internet withinn 5-1o years. They show great growth and the assets are their. But considering you have a limit of $1000.00 GOOGLE might not fit your choice considering it is selling at almost if not $700.00 per share. Try this Company it Novastar Financial symbol:NFI it's near a 52 week low and pays a HUGE divdend. I wouldn't buy it but i would condsider to short sell it. If you don't know what short selling is its simple. you barrow shares from your broker then automatically sell them.now you have the cash.Buy them back at lower price and give the broker back the shares you owed and keep the extra money. for example if NFI is selling at $4 per share.u barrow 1000 shares at $4. sell them and now u have $4000 cash. Buy back 1000 shares owed at $3 per share (u want it to go down) and give the 1000 shares back to the broker. But 1000 x 3 = only $3000 what happen to the other $1000 it sittin in your pocket and you did absolutley nothing. If u dont understand go to investopedia.com. the reseaon i say short sell is because the company is on the verge of bankrupcy so short selling is a way to make money on deteriating company such as this one. remember u do pay interest back to ur broker so you wanna do it quick. remember this is only a recomendation i'm only 14 but i read A LOT and i also invest and has made a lot of money doing so. Sorry i wrote so much but i got into it hopefully u read enough to get my message. Good luck and dont let anyone tell you stocks are bad. Bonds should only take up no more than 10% of your portfolio. Now thats an answer.

Now is a great time to invest because banks are dirty cheap. Try BAC.

If you can afford to hold on to this investment for the long run (10 or more years), then stocks are your best place to be. I would recommend an ETF for you, which is like a mutual fund, but you can buy and sell it on an exchange any time during the day. I'd buy the Market Vectors Global Alt. Energy ETF, symbol GEX. It's a diversified (large and small compaines, both US and foreign) ETF of a bunch of companies that are in the alternative energy business. This is probably your best bet for growth in the coming years.

I will be adding to this fund in my ROth IRA in the new year, for sure!

Stocks is a fantastic option for you. Try http://www.goldenbullstocks.com they come highly recommended and test drive their stocks you will be impressed!

I would recommend you to visit http://investment-blog.net/
and open your account and start investing: http://investment-blog.net/2007/11/20/ho...
there are steps you need to make to open your investing account. GL

You have made a very balanced investment and have decided well to cash in at a good time. Movement of stocks will depend largely on the over-all expansion, growth and comparative performance with peers in the industry. Therefore, it would be a good idea to invest in Oil & Consumer goods Company for rapid growth. A still better idea would be to invest in the Infrastructure fund of a developing economy like India. Good luck.

Aggressive growth mutual fund(small company index, emerging growth, etc). Definitely put in a Roth IRA and add monthly. At your age, you could get some excellent growth for retirement. Why change from Vanguard? They are one on the best in my opinion.