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So I have about 15K to 25K to use on a investment of some sort. What should I do?


I prefer anything that makes me lots of money. Please Help!

I like Energy Conversion Devices, ENER. They make solar panels and batteries for hybrid cars. Here is a link on their business:

http://www.top10traders.com/ViewPost.asp...

You might want to also see what the best investors are buying and selling. You can find this information at http://www.top10traders.com - this is a free site that lets you create a portfolio of stocks with $100,000 in "play" money. Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors. You can also read posts on investing from the best traders, as well as share your own investing ideas. There is also a charting feature , so you can see how your portfolio performs compared to the S&P 500.

Here are this month's best traders:

http://www.top10traders.com/Top10Standin...

Hope this helps.

If you have not already contributed to an IRA this year for yourself (and spouse), Id put it there. If you want it more short term, I'd put it in a Large Cap Stock fund. I think there are set for a big push in the first half of this year.

Start a website, or a business with no overhead.

Invest in one of the excellent programs that are available on how to buy and sell real estate for profit. There is more money to be made quicker in real estate than anything else. Good luck!

You can't put 15-25K in an IRA because the contribution limit per year is $4000 ($5000 if you're over 50). But you can put it into a mutual fund or stock. Find a good financial adviser in your area and they will be happy to help you. If you are in the Dallas area, let me know and I can help you invest it.

-payoff all your credit card debt (if you have any)
-buy a no-load mutual fund like vanguard's S&P 500 index. this fund beats 80% of all the other funds.

-if someone promises you that you will make more than 30% of your money within 1 yr and you invested in it, you will probably lose all your money.

If you want to make lots of money you also need to take lots of risk.

Are you willing to lose $25,000.00 in less than a year to make $25,000.00 in less than a year?

HI,

If you are serious, I have something great to tell you. It has something to do with eBay. Get back to me when you can. Remember to tell me "eBay:.

Take Care

First off, you get what you pay for... Just a thought. Second, the higher the expected payoff, the higher the risk. Whatever you want to do should be longterm as that is the best way to make money in the stock market. I would suggest investing in an Index Fund, Russell has some very good ones or a good mutual fund (value). Value Funds typically do well over the long haul (10 years) versus high teck, etc. Whatever you do, do your own research and forget about getting rich quick!!! Good way to lose your money.

Put $4000 into an IRA for 2006 and another $4000 in for 2007.

Then put the rest in a money market account and contribute for 08 and 09 when you can.

Get a financial advisor to help you. Talk to the most successful person you know and ask for a name of someone you can trust.


And don't piss it away on useless crap.

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