2006-06-28 13:41:44 · 11 answers · asked by jimmierayjoebob 1 in Business & Finance ➔ Investing
Usually by definition, risk accompanies reward. Investments with low risk typically have lesser reward potential.
$1000 is very little money in the investing world. Opening a brokerage account will eat away that money in a transaction fee and annual management fees.
I suggest you open an account at TreasuryDirect, the portal for individuals to buy and own US Savings Bonds. From there, consider investing in various bonds. If you believe the environment is going to be inflationary, consider Inflation Protected Bonds, called TIPS.
There are other options such as buying CDs at your bank or opening an account at ETrade or ING Direct and taking advantage of decent money market rates there.
Best of luck to you.
2006-06-28 15:18:42 · answer #1 · answered by Eric R 2 · 1⤊ 0⤋
I know a company that currently is paying 9.60% PER YEAR.
Most banks pay $4.80%
If you want a fair degree of return higher than that you need to take at least a small amount of risk (Say 10% which means you could lose up to $100.00)
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2006-06-30 04:24:30 · answer #2 · answered by Anonymous · 0⤊ 0⤋
This is an impossible combination. Not only do you want no risk and fair return, you also want to do it with a very small amount of money...
2006-06-28 20:46:07 · answer #3 · answered by NC 7 · 0⤊ 0⤋
That's easy!
Wait until the jackpot hits $100,000,000 or more than buy 1,000 quick pick Powerball tickets. The payoff could be huge, especially if you win it all. But beware of what you seek. You might get it and wish you never had.
2006-06-28 20:52:21 · answer #4 · answered by jdnmsedsacrasac1 4 · 0⤊ 0⤋
HA HA....thats what we all want, high returns, but low risk.....
I agree that maybe a CD might be good for you...it wont return much, especially if stocks turn around this year, but it is 100% safe.
2006-06-28 22:44:06 · answer #5 · answered by Anonymous · 0⤊ 0⤋
hmmm....try food...usually its a solid investment....start a small fast food business (hotdog stands or anything similar). Everyone loves food.
2006-06-28 20:46:32 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Look into CDs. Go to bankrate.com and educate yourself about CDs and how they work.
2006-06-28 22:11:58 · answer #7 · answered by Lucky123s 1 · 0⤊ 0⤋
Here's a stock tip look at OCPI...
2006-06-28 20:45:11 · answer #8 · answered by xxblackhorse78 1 · 0⤊ 0⤋
You don't make sense. I said good day!
2006-06-28 23:35:15 · answer #9 · answered by Amanda 3 · 0⤊ 0⤋
It doesn't work that way.
If it did, wouldn't everyone do that?
2006-06-28 22:49:50 · answer #10 · answered by Nick C 3 · 0⤊ 0⤋