where and what can i safely invest 4000 dollars into now and in six months that money has tripled or has grown far greater than its starting balance. show me the moneeeeeeeeey! lol
2006-09-16 09:35:32 · 5 answers · asked by Jiggy J 1 in Business & Finance ➔ Renting & Real Estate
Sorry to say that there is no safe investment that is going to give you that kind of return. Looking for greater than 10% ROI in this environment is risky at best.
2006-09-16 09:47:28 · answer #1 · answered by prusa1237 7 · 0⤊ 0⤋
I am an investor,
when yousay LOL you must really mean it,
When you say safe there is no such thing.
Then only thing that is safe right is certificate of deposits at a bank or credit union, the most hey pay right now for a six or twelve month term is around 5.2-5.5% annually.
Anything that will triple it's value in six months or gain 100% in that amount of time, would only exist in the stock market, they would only be super HIGH RISK stocks. stocks that are like trading around 10 bucks or less and all of the sudden after you buy them there is some good economic news in regard to the company,
iy you want a stock that could potetailly do like 50% in six months but i can't guarantee this one is intel-INTC or ford symbol F. But no guarantee, and there is risk involved
2006-09-16 16:50:03 · answer #2 · answered by the d 6 · 0⤊ 0⤋
Look into utilities futures. No promises!
If you want something safe, buy savings bonds.
2006-09-16 19:16:05 · answer #3 · answered by Sharingan 6 · 0⤊ 0⤋
check out some new company on the market ' stock exchange
2006-09-16 16:47:07 · answer #4 · answered by Anonymous · 0⤊ 0⤋
high street property. never goes down
2006-09-16 20:16:54 · answer #5 · answered by Piffle 4 · 0⤊ 0⤋