what investiment can you make and go to sleep while it makes money for you?

Question

Is it stock purchase or finace sales?

Answer 1

with corporations no longer funing your retirement and cutting back on medical insurance and everyone talking about privatizing social security. you need to be activly engaged in your investments. no sleeping on the job...

if you are 25 and save $400,000 by the time you are 67, it will generate about $2000/month... can you live on $2000/month?.... but before you answer, remember that in 42 years from now, with 3% inflation it will spend like it's only $573. that will be for your rent, food, bills and medical. BUT... if your rent today is $1100, in 42 years the same place will cost you $4000..... and what's worse, you will probably live for an additional 30 to 40 years... the numbers just get worse...

if you want to sleep on an investment, you'll be sleeping in a cardboard box eating an occasional can of cat food.

we all need to wake up and learn to invest

Answer 2

I hate to give a stock sounding answer, but it depends on your personal risk tolerance. Judging by your question, it sounds like you might be pretty risk-averse. The market goes up and down, but up in the long-run, so mutual funds and ETF's (Exchange Traded Funds) might be a good place to start, but you wouldn't want to watch them daily. Individual stocks might not be a good idea.

It all depends on your retirement plans, current age, and income, though, but might consider 70% Money Market type funds (or CD's or whatever for now) and what I mention above. All depends.....dl

Answer 3

I suggest you to hire me as your Portfolio Manager.

Top 3 Answerer in Business & Finance. (Vote for me)

Answer 4

stock market, property or anything else where someone does the work for you