2006-06-28 15:52:29 · 8 answers · asked by Anonymous in Business & Finance ➔ Investing
Buying a home. It involves the least financial risk, and the most solid possibility for return on your investment.
2006-06-28 15:57:20 · answer #1 · answered by Anonymous · 0⤊ 0⤋
The answer to this question depends on you. Successful businesses make the best returns on investments but most people are NOT good businessmen and most new businesses fail. Real estate has done very well but is a bit inflated now because interest rates have been so low. I would not buy a house unless I planned on living in it for at least 7 years. For others, I would recommend investing in indexed mutual funds rather than individual stocks, and to have some international exposure. Also, you should not invest money in the stock market that you might need in the next 5 years or so--it works better for long-term investing.
2006-06-29 04:45:49 · answer #2 · answered by NotEasilyFooled 5 · 0⤊ 0⤋
If this money is extra money, you should think about investing at least some of it in the stock market. The stock market is an amazingly good performer if you hire a knowledgeable wealth manager from a reputible firm. The stock market has grown exponentially since the Depression. Here are some facts to consider: if you invested $10,000 in the stock market in 1932, you would have just over $58 million today. Even after WWII, The Cuban Missle Crisis, the Oil Embargo, and 9/11, the market keeps making money. It has increased by a 10.5 percent minimum in each ten-year period since the depression.
The house, however, if this is not extra, disposable income is the safest investment. Housing prices have risen an astouding 3531 percent since the depression. The median home sells for $215,000 now. Housing is also an investment that will continue to augment itself.
2006-06-29 01:41:56 · answer #3 · answered by maizeandblue 1 · 0⤊ 0⤋
If you will read "Rich Dad, Poor Dad" by Robert Kiyosaki you will find that a home is not an asset, but a liablity. It will cost you money, not make money for you.
If you invest in the stock market, you may win, but it is more likely that you will lose if you don't have a great deal of knowledge and experience.
If you have only one choice, you should start a business. If you make a profit with your business you will be able to buy a home and invest in the stock market in the future.
What type of business should you choose? Well, if you open a store or franchise of some kind and it doesn't succeed, you will have no other alternatives. Your money will be gone.
On the other hand, if you start a small business on the internet, you will probably have money left over to change directions several times before you find something that works for you. You will be joining over half of the richest people in the world, as more than half of the word's wealth is obtained on the internet now.
There are infinite opportunities on the internet, but I would recommend you start with a small independent marketing venture. You will be working as an affiliate with companies who will train you in everything you need to know to succeed big time in any venture you want to choose online. You will have a very low overhead, and will be making a significant profit withing six months to two years depending on your previous knowledge, and time spent on the project.
After you have succeeded in internet marketing, you will be equipped to start your own venture, and have the knowledge you need to know exactly what direction you want to go. (Not to mention already generating a nice income!)
Your biggest danger is getting involved in some scam posing as a legitimate affiliate company. Here is a webpage that has several of the best, highest paying and most reliable companies on the internet. There is no obligation involved in asking for information, and most of them have little or no initial investment to get involved and give it a try.
Here's to your enormous success, whatever you decide!
2006-06-28 23:12:59 · answer #4 · answered by Sheerah 3 · 0⤊ 0⤋
If you don't have a home then buy a home.
If you do have a home then start a business or invest in the stock market (Both are good choices)
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2006-06-30 04:22:34 · answer #5 · answered by Anonymous · 0⤊ 0⤋
what are the uses of the other two if you dont have a home,which do you need most and first,you have the answer in your question wise man.x
2006-06-28 22:57:16 · answer #6 · answered by Tommy D. 5 · 0⤊ 0⤋
Buying a home is probably the safer invesment.
2006-06-28 22:56:10 · answer #7 · answered by Stratobratster 6 · 0⤊ 0⤋
a bank, and hard work
2006-06-28 22:55:56 · answer #8 · answered by dababyispretty 3 · 0⤊ 0⤋