How can I invest $5000?

Answer 1

Personally, I'd sub divide your money into different accounts and different investment methods. Try this, as long as you don't need the money within a year:
1) $500: To you, spend as you see fit
2) $1250: 2 year CD- Certificate of Deposit- Mainly to keep you from spending the money
3) $1000: Long term savings, 3.25% growth, set aside for house deposit, bad times, car down-payment, ect.
4) $750: Short Term Savings: More recent expeditures, or savings/checking accounts
5) $1500: Stock/Mutual Funds

As stocks go, let me highly advise a company called Generex Bio-Technology Corporation (Ticker Symbol GNBT). I watched this company for 1 year now, and if I wasn't 16 years old, with limited income, I would have invested at least 5,000 of my net worth into it. This company, as of last august,(The best time to purchase), was riding at about .50 a share. It later rose, during the height of the bird-flu scare, to $5.02, a record high. I wish I could have gotten in then. I missed out on over 40,000 worth of profit! See, it creates vaccines, which are high demand, and generally lauch profits skyhigh. Get in if you can, I have a feeling the bird-flu crase will kick up again around January or December.

Hope I helped.

Answer 2

There are a million different ways. It depends on what you are trying to do and the time frame and how you feel about risk. If you just want to stick it in an account and earn a little interest, then you can open an Orange Savings account at ing.com.

If you want to speculate, you could open an account at e-trade or schwab and buy a bunch of options and hope for the best.

You could go to monex.com and buy gold or silver and bury it in your back yard. Maybe pork bellies sounds like fun. Or frozen concentrated orange juice like in the movie Trading Places.

You could put a down payment on a condo and rent it out. You could send it to me and I could invest it in myself (my personal favorite).

See what I mean about a million different ways? Good luck and good investing.

Answer 3

Halo- If you can double your investible resources,presently I can offer you a Offshore Bond Offering (with min. subscription=
US$10,000-, Zero Coupon Bond) Guaranteed by a Major Zone Euro Banker,liquid after 1 year,redeemable monthly, in Units of 10,000 Nos at the NAV then.Sliding redemption charges apply based date of redemption. Target returns = 15% to 18%. Maturity Dec/31/2016. If interested please contact .

Answer 4

Buy gold - it's at $650 an ounce and with the latest closure on the Alaskan oil fields - gold's going to go through the roof. Buy 10 coins and keep them in a safety deposit box.

Answer 5

I'd put it into your Individual Retirement Account (IRA)... probably a Roth IRA. Invest in mutual funds.

Answer 6

Any way you want. CD's, T-Bills, T-Notes, T-Bonds, Stocks, money market account. It all depends on how you want to do it.

Cheapest and easiest is to open an account with www.treasurydirect.gov - you can buy government bonds with no charges and minimal effort.