2006-08-19 21:37:47 · 11 answers · asked by dremack12000 1 in Business & Finance ➔ Investing
The best investment is in yourself ... take that $1,000 and invest in a class that will be something to pay off down the road. I would assume you are totally debt free because otherwise it'll do you no good to pay 12-18% interest on a credit card to get only 6-8% return (long term average). If you are debt free and already have an advanced college degree, then go for investments from safe to risky but use caution.
2006-08-19 21:49:31 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Invest some in gold,some in mutual funds,some in fixed deposits and some in share.
If you fave to divide the shares in 50 's 20 in gold,3 10's in rest respectively..That way you will be able to balance...
2006-08-20 06:21:00 · answer #2 · answered by aquariangirlbeauty 1 · 0⤊ 0⤋
You can start a home based business. It doesn't cost nearly $1000 to start, but you can make several thousand per month. You can create residual income that you are paid for every month. http://jsnapp.prowealthresults.com/?SOURCE=ans
Give it a try. I am doing very well with this.
2006-08-20 11:35:13 · answer #3 · answered by Anonymous · 0⤊ 0⤋
find a home that someone is willing to owner finance and then rent it out to someone or owner finance it to someone else and make them put down 5-10% of purchase price. but you will have to make sure when you set the down payment amount to charge that amount plus the appraised value of the house to the person you are selling to. ex. - homes value $100k - 5% minimum dp = $5k - selling price of $105k now you get monthly risdual income plus have made a 500% return on your money - P.S. make sure to set your first payment up for 60 days after you close to provide adaquate time to find a tenant.
2006-08-20 21:59:44 · answer #4 · answered by Anonymous · 0⤊ 0⤋
It all depends on what kind of a person you are. If you are risk averse, you may put it in something more secure like fixed deposits earning lower returns. But if you are a risk taker, you may have more choices like shares, unit trusts, foreign exchange etc.
2006-08-20 05:15:20 · answer #5 · answered by BL Tan 2 · 0⤊ 0⤋
are you looking for some business or just want to put money in some shares and debentures. for business $1000 is not a big amount.
2006-08-20 04:44:07 · answer #6 · answered by flori 4 · 0⤊ 0⤋
With a small amount like that, go to you bank and ask about savings bonds or a cd or ira.
2006-08-20 04:45:53 · answer #7 · answered by Dee 2 · 0⤊ 0⤋
invest $10 a month in this:
http://bringyourbuddy.net/simple/?id=60942
I made a profit in my 1st month and it grows each month.
2006-08-20 04:43:04 · answer #8 · answered by sanpedro 2 · 0⤊ 0⤋
I'll take it. Invest in me, I won't disappoint.
2006-08-20 04:40:55 · answer #9 · answered by viewAskew 5 · 0⤊ 0⤋
give it to me....
im a very lukcy person....as soon as u giv me the $s ur luck will boom...and u will get 1 million dollars in return...believe me :D
2006-08-20 04:41:06 · answer #10 · answered by Anonymous · 0⤊ 0⤋