2006-09-08 10:19:53 · 8 answers · asked by Kyoko H 1 in Business & Finance ➔ Investing
Seriously, put your money into a high yielding CD...go out and learn about the different vehicles you can put it into (stocks, bonds, real estate, personal investment....etc.) When you feel you have a good bearing on your investment style...go invest it! But you're bound to loose it if you throw it into the next "great" adventure! Learn to take care of your money, because you are the only one who will care.....;-)
2006-09-08 23:21:33 · answer #1 · answered by jazzzame 4 · 0⤊ 0⤋
That would depend on what your acceptable level of risk is. A save bet is a bank CD which is now earning over 5% for a 6 to 18 month term. If you are less risk averse you might try opening a Scott Trade account and do online trading in the New York Stock Exchange. The sky is limit: collectable coins, collectable stamps, gold and silver bullion, real estate, or other commodities. Without more specitivity its hard to judge what you mean.
2006-09-08 17:28:06 · answer #2 · answered by prusa1237 7 · 0⤊ 0⤋
There is a great variety of investment opportunities out there. Do some research on Motley Fool and determine what your goals are and what level of risk you are willing to undertake. Sites such as E Trade, Scott Trade and Charles Schwab would be good places to go when you are ready to start investing. If you are unsure, find a reputable financial advisor in your area and seek help.
2006-09-08 17:24:51 · answer #3 · answered by babalu2 5 · 0⤊ 0⤋
If your referring to $15,000 then I would suggest maybe investing in mutual funds if your looking to make money long term. You can easily turn 15K into 150K within several years of investing your money in a mutual fund. If your interested you can find out more information by requesting a prospectus of various mutual funds from companies like American Funds, Edward Jones, A.G Edwards, etc.. and do your own research and make your own decision on what to do with your money.
2006-09-08 20:10:28 · answer #4 · answered by Anonymous · 1⤊ 0⤋
$15 or $15k? If $15, go to buy some lottery tickets. You might win something. If $15k, then talk with some investing pros or buy some investment books to read to start with.
2006-09-08 17:53:29 · answer #5 · answered by hahagoodguy 2 · 0⤊ 0⤋
What state are in? Real estate is really cheap in South jersey. Real estate is a great investment.
2006-09-08 17:32:25 · answer #6 · answered by nxmom 2 · 0⤊ 0⤋
I would start a brokerage account at Scottrade and invest in mutual funds such as UMREX and UMESX.
2006-09-08 17:22:25 · answer #7 · answered by Anonymous · 0⤊ 0⤋
try this for one of your options http://home.createmyfuture.com
a little in stocks
savings
2006-09-08 17:22:59 · answer #8 · answered by salsa 4 · 0⤊ 0⤋