Real Estate will be out because I don't have the extra money to pay extra mortage. thank you.
2006-07-05 06:45:45 · 14 answers · asked by 123456789 2 in Business & Finance ➔ Investing
Dear Alfonso,
If you would like to invest $30,000 in something, a RIM stock is one that is definitely worth considering. It is high, and the price should go up due to its increasing market share. Good American stocks would be Disney (due to Pirates 2) and Target (back to school season will drive their stock up.)
Sincerely,
A.S.
2006-07-05 06:54:08 · answer #1 · answered by Monsieur Arrghs 2 · 0⤊ 0⤋
Depends on a variety of factors such as yur age, time horizon, risk tolerance ect. If it is long term and u cannot afford to lose yur money the best investment i know is called an equity indexed investment. It is tied to the S&P index and if the market goes up your account is credited 85% of the gain . If the market retreats and goes down you never lose any of your money. So u get a large portion of the gain but have no risk of losing your moneyu if the market takes a dive. You will never need a stockbroker again!
2006-07-05 07:18:04 · answer #2 · answered by e 2 · 0⤊ 0⤋
Invest in notes or tax liens like I did. I didn't know anything about it 2 years ago. I went to a company based in CA www.hbinv.com I am making 11% a year. The best thay guaranteed it to me, and they really are paying.
2006-07-05 09:03:00 · answer #3 · answered by bhaguel 1 · 0⤊ 0⤋
~Check out single premium guaranteed annuities or flex plan life insurance. You need a good agent to assure proper distributions within the plan and get the best tax deferrals or exemptions.
Take at least 10K and spread it across several good horses, but bet to show, not win.
2006-07-05 06:51:43 · answer #4 · answered by Oscar Himpflewitz 7 · 0⤊ 0⤋
Go directly to an insurance company for a Fixed Annuity. Tell you're agent exactly what your goals are to make sure it will work for you and you're situation. Great interest rates, safe, and most have no fees. Ours start with $5,000.
2006-07-06 18:48:55 · answer #5 · answered by Susan C 3 · 0⤊ 0⤋
For now put them on an HSBC Direct account earning 5.05%, that extra $1,500 for you every year. When you figure out CD deals out there, maybe short-term CDs, or CD ladders (although long-term CDs don't pay that much nowadays).
2006-07-05 07:15:19 · answer #6 · answered by Anonymous · 0⤊ 0⤋
A nice car, a big diamond ring for your wife, some very valuable artifact or something.
2006-07-05 06:49:36 · answer #7 · answered by Thomas 3 · 0⤊ 0⤋
I just started my own business. If I had that much money, I would invest in my own business.
2006-07-05 06:49:46 · answer #8 · answered by knitting guy 6 · 0⤊ 0⤋
Sin-a-minute productions. Makers of fine amateur adult dvd's. Entertainment for the discriminating gormonizer.
2006-07-05 06:52:26 · answer #9 · answered by dfw308 2 · 0⤊ 0⤋
CD, bonds? Go with something that is stable and secure. If you have lots of money, then go for stock.
2006-07-05 06:49:56 · answer #10 · answered by 2feEThigh 5 · 0⤊ 0⤋