2006-06-30 15:47:41 · 10 answers · asked by taitouwah 2 in Business & Finance ➔ Investing
These people are so silly! The best thing to do is open an investor account like at ScotTrade. Put the money in a mutual fund that has a very low Expense Ratio (less than one...say 0.76%. You can find this info at Morningstar.com...) Buy into the mutual fund that you choose and even buy more shares with monthly payments into the account.
You would be shocked an amazed at what 25 dollars a week will do over thirty-five years. In fact, if everything keeps going well with the mutual fund, you should be able to retire in 35 years, and that is not counting a 401 you have with a company or even your social security!
Get to saving now! Let your money work for you!
2006-06-30 20:01:15 · answer #1 · answered by Kevin R 2 · 0⤊ 0⤋
You could invest in yourself. 10,000 isn't enough to buy a franchise, but it is plenty to get started in a home business. Will that kind of money, and a program like TOPS, (see the link on the website below) you could have multiple streams of income coming in big time within two months, working only two or three hours a day.
The man who designed TOPS uses the exact same methods in the program to make more than $700,000 a year, and I read on the forum today, that someone is making a profit after only about six weeks of work.
Your 10,000 won't change your life if you invest it, but if you start a business with it, your lifestyle could change dramatically.
2006-07-01 02:22:50 · answer #2 · answered by Sheerah 3 · 0⤊ 0⤋
I would find a good broker that I trust and divesify the money into a series of investments. You can probably build that $10,000 into about 2-5 times that amount if you are an aggressive investor. Take your time in picking a good broker look closely at thier fees and yearly charges. Always read the fine print wiht a broker.
2006-06-30 23:04:35 · answer #3 · answered by rhutson 4 · 0⤊ 0⤋
I suggest you to open a brokerage account at TD Ameritrade and invest in the stock market with the help of a Financial Advisor.
Top 3 Answerer in Business & Finance. (Vote for me)
2006-07-01 04:14:44 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Buy NAT. 16% Yield, and the stock is rising as well.
They operate oil tankers to transport oil. Will do well regardless of oil prices.
2006-06-30 23:12:43 · answer #5 · answered by Dax 3 · 0⤊ 0⤋
Put it in a bank that has high interest so that the money keeps increasing.
2006-06-30 22:51:09 · answer #6 · answered by balletchica 3 · 0⤊ 0⤋
Get you head straight, or you will blow $10k in 2 seconds. This can help, works for me.
Millionaire Mind TeleClass
http://www.millionairemind.com/a/highnetworth?page=/preview/tele
2006-06-30 23:06:45 · answer #7 · answered by nolimitsdude 1 · 0⤊ 0⤋
find a good investment agency they will know what you should invest in.
2006-06-30 22:52:01 · answer #8 · answered by native 6 · 0⤊ 0⤋
pgpm.pk,,look it up on yahoo finance,,(i want 10%)
2006-06-30 22:51:47 · answer #9 · answered by Anonymous · 0⤊ 0⤋
GNBT huge potential...look it up yourself
2006-06-30 23:01:42 · answer #10 · answered by smuir_21 1 · 0⤊ 1⤋