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What investment might be best with $2,000? Can be long or short term.? |
What investment might be best with $2,000? Can be long or short term.? Your first option should be to fund fully a retirement account. If you do this, and you have extra cash, then one of the best things you can do is open a DRIP Plan. If you can hurry and get in on Yahoo, Microsoft put in an unsolicited bid to buy them out. Would be a gigantic purchase and when all is said and done would shoot the stock through the roof! Don't listen to Dr. Ima I quite agree with apple. Stay with financial or defensive stocks you will be fine. Try buying in financial stocks. Some of them are around 40 to 50% down. You can buy them and hold for the long term. You will earn eventually. If you are looking for some examples, maybe try citigroup or Bank of America. For disclaimer sake, i do have some shares on citigroup. But Warren Buffet bought some Bank of America shares, so if you need security, maybe follow him ;) |
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