2006-08-21 06:54:37 · 11 answers · asked by JAMIE C 1 in Business & Finance ➔ Investing
Depends on your needs and goals.
Real estate to live in is pretty save.
So are certificates of deposit at 5 % plus right now.
Everything else takes research and knowledge.
Decide in what investment area you need more knowledge, and go for it.
2006-08-21 07:08:13 · answer #1 · answered by r_e_a_l_miles 4 · 0⤊ 0⤋
My wife works for a company that helps people decide on investments. It depends on your age. Younger investors can do the higher risk investments and ride the "waves" of the market. But if you are over ay 35 or 40 you may want to look into safer alternatives.
You can go the traditional 401k or Roth IRA but what most won't tell you is that the government has figured out that you will be in a much higher tax bracket when you retire so they will get a bigger chunk if they allow you to do it "tax-free" for now. Plus they can "assign" you a tax bracket at that time since you will not be in an income bracket. So they can put you in the 35% bracket if they want to.
They do have a fairly new one out that I can't remember the name of right now. It is like a mutual fund with investments but it guarentees at least a 1-1/2% minimum gain! It will never go in the negative! It doesn't go as high as others but can still be competative with what they are making (10 -15%). But with the safety net that it won't go lower than 1-1/2% is great in these shakey times.
2006-08-21 07:05:03 · answer #2 · answered by nooodle_ninja 4 · 0⤊ 0⤋
If you are asking that question in this forum, you are obviously a naive investor. You should avoid buying individual stocks and put your money in a no-load mutual fund.
The fact is that if people knew of an investment that was going to outperform the market, they would buy it & that would bid up the price, making it less likely to outperform for later investors.
Academic studies show that new information gets imbedded in prices almost immediately. That means that if someone tells you here that there is good news for a company, that good news is already priced in.
The only way to beat the market on a regular basis is to have private information. There are three ways to get private information. One is to have insider information (which is usually illegal to use in trading). One way is to pay for it -- taking away the advantage. The third way is to gather up all public information on your own & glean information from it -- leading you to realize the private information that causes the public information. In other words -- use fundamental analysis. Since there are other people doing this analysis on big firms -- the payoff isn't going to be high, since they will probably ge tthe information before you.
That means that profits are to be made in smaller firms where no analyst is covering the company. You can be the first to learn what the public information means. Unfortunately, doing this involves a skill and knowledge that most people don't possess. And it is certainly a knowledge that you aren't going to get asking here.
No load mutual funds are your best bet.
2006-08-21 08:59:19 · answer #3 · answered by Ranto 7 · 0⤊ 0⤋
In a Cayman Island bank account, then work from there.
If you're into stock-picking open a brokerage account and get to work. If not, a spread of mutual funds from a place like Vanguard or Fidelity wouldn't be a bad idea, maybe take $10k into I-Bonds for inflation coverage.
If you need it liquid in a 1-2yr timeframe, stick to money market funds and CDs.
Good Luck!
2006-08-21 10:07:18 · answer #4 · answered by Shofix 4 · 0⤊ 0⤋
Depends on how safe you want to be. Given world events, you may want to go with U.S. treasuries -- they'll be good even if stocks and bonds tank after nuclear or biological attacks. Or maybe even gold. Sounds paranoid, but that may be realistic. I keep at least a portion of my funds in both of those.
2006-08-21 07:12:03 · answer #5 · answered by gtk 3 · 0⤊ 0⤋
Invest in the ethenols plants that are springing up all over the country. Great returns!!!!
2006-08-21 07:06:40 · answer #6 · answered by Anonymous · 0⤊ 0⤋
In my bank account to pay off my student loans.
2006-08-21 08:25:51 · answer #7 · answered by Diana 2 · 0⤊ 0⤋
My bank account of course.
2006-08-21 07:05:42 · answer #8 · answered by TTer 1 · 0⤊ 0⤋
My kids education trust fund.
The return is guaranteed! They'll get educated and be great people!.
Send in those $$$!
2006-08-21 07:03:14 · answer #9 · answered by mykidsRmylife 4 · 0⤊ 0⤋
You should try 's there rates are pretty good right now
2006-08-21 07:03:12 · answer #10 · answered by macki4 4 · 0⤊ 0⤋