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7 answers

yes

2006-07-21 01:28:06 · answer #1 · answered by Picasso 1 · 0 0

Potential quick profits are always high risk - the more the promise the higher the risk. Leave the high promise merchants alone. More money is made by investments in solid companies with proven track records, dominant in their industry (which means you'll pay a premium for them, however). I suggest you find a respected broker, and avoid get-rich-quick schemes. Look for those solid companies in businesses you understand, research them through the stock exchange, and by looking at their product/stores, their history of PE and yields, favor those with lower borrowings than competitors, and sound management. Wait for a price fall, then buy when there's value (the opportunity alway comes). Read some books on investing, like Trevor Sykes "The Numbers Game" - Peter Lynch "One up on Wall Street" - Lowenstein "Buffet, the making of an American Capitalist" (a hard act to follow). With the market overheated, interest rates probably set to rise, and enormous public debt on credit cards and overheated mortgages, the ground is a bit shaky, and bargains are rare in spite of occasional spectaculars that are hard to predict - but cash will be king. Patience, and resisting greed, will pay. The beauty of the stock market is its liquidity - but when you've made your buys you always have to pass on other options. Quick trading rarely pays, because of the commissions - and the full capital gains tax on trades, however good, if you make them within a year. The game is investment, not playing the casino. Good luck

2006-07-21 01:48:38 · answer #2 · answered by Anonymous · 0 0

There's NO quick way to make a buck without taking on huge risks!

2006-07-21 09:22:22 · answer #3 · answered by msoexpert 6 · 0 0

There's no one right answer. It depends on how much risk you are willing to take. However, if you don't remember anything else, remember to diversify, diversify, DIVERSIFY! Don't put all your money in one place. Spread it out over various programs with different risk levels.

2006-07-21 01:33:15 · answer #4 · answered by freedomnow1950 5 · 0 0

You should put it into a short term cd. Check with your local bank or credit union.

That is something you don't need a financial advisor for, or a stock broker.

2006-07-21 01:36:30 · answer #5 · answered by tweetymay 6 · 0 0

Forex. There are ad type links on the page below:-

2006-07-21 02:37:45 · answer #6 · answered by Anonymous · 0 0

buy 3000per company and hold you will get rich the rest in blended crgo ,hscc.pk ,sccy.ob

2006-07-21 04:11:14 · answer #7 · answered by garyhirtz 1 · 0 0

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