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What is a good investment? |
What is a investment that you can make money off of. What would be a way to start off. Please dont say stocks im only 19, and stocks are a big risk if you dont know what your doing. ANy advice? If you're not blessed with intuition invest in education. Knowledge is power. If you can invest long term and have at least $2500 or so, mutual funds are a good bet. If you have less or will need the money available on short notice, stick with bank deposits. If you are afraid to take a risk you could start with CDs while you are educating yourself about mutual funds. At my brokerage you can open a 3 month CD for $1000. It's not a big return, but it's guaranteed funds and will get you more money than a savings account. You can use the 3 months as a period of education learn everything you can about mutual funds, they are typically not as risky as stocks.. Stocks are fine, try http://www.goldenbullstocks.com Hello! |
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