apart from the social injustices involved with these companies, is there a way i can be more aggressive with this money so i can make more money? i've heard that when you are young it is the best time to take risks. what should i be doing?
2006-09-26 10:53:04 · 10 answers · asked by mathew m 1 in Business & Finance ➔ Investing
Yes, you're on the right track!
The answer to your question depends on your risk tolerance, your investing timeframe, and how active you want to manage the assets.
Education (in investing) should be very high on the list.
If you add more detail, I'll be glad to elaborate. Else, I'll check back in a bit, make some assumptions and answer from there.
2006-09-27 04:43:13 · answer #1 · answered by Yada Yada Yada 7 · 1⤊ 0⤋
Take it out of stocks and into real estate, especially when there is signs of panic and a ressession. They will lower rates, which will cause borrowing to be cheaper, housing will sore and the property might double or triple in a few years after the gloom and doom news hits the paper. With $250,000, you could probably buy $10 million in real estate, it doubles or tripples you got $20 or $30 million in gross. I think this is a 10 year plan, but having $20 million before taxes is not a bad thing at 32.
2006-09-26 20:32:13 · answer #2 · answered by gregory_dittman 7 · 0⤊ 0⤋
If you earned the money - take risks, if you inherited it be as wise as the person that saved it until you were able to receive it.
But you could do more with it if that's what you really wanted to do. Like buying foreclosed properties at give-away prices... land in depressed areas can be a very good investment - if you're willing to sit on it for a while. Good luck and treasure that cash.
2006-09-26 22:59:08 · answer #3 · answered by brian s 2 · 0⤊ 0⤋
You're youing. You can afford to take more risk. You should diversify. I would sell a portion of each stock, about 20 percent of the total, and put it in small cap growth stocks or growth funds or aggressive growth. Or, if you dont want to pay taxes on the capital gain from selling, invest the dividends from your stocks
2006-09-26 22:20:30 · answer #4 · answered by jeff410 7 · 0⤊ 0⤋
You should sit tight. You are already being aggressive and good stocks will outperfom longterm compared to trying to juice your return with more risky investments. GE is poised to explode.
2006-09-26 18:01:47 · answer #5 · answered by united9198 7 · 0⤊ 0⤋
Take a look at www.quarantz.com They are specialists. They can make you a personal financial plan (for free) and have different opportunities to invest in safe but profitable chances. Socially responsible investment is important to them.
2006-09-26 18:59:21 · answer #6 · answered by Patrick L 3 · 1⤊ 0⤋
If you have $250,000 to invest, you should hire a reputable investment professional and get advice from them.
2006-09-26 17:58:42 · answer #7 · answered by Steven Jay 4 · 1⤊ 1⤋
put 10% in stock options (leaps).
2006-09-26 20:32:15 · answer #8 · answered by highjumper 1 · 0⤊ 0⤋
don't do anything without the advice of the professional
2006-09-29 06:55:22 · answer #9 · answered by Anonymous · 1⤊ 0⤋
buy a Ferrari
2006-09-26 20:19:03 · answer #10 · answered by tomatopwr 2 · 0⤊ 2⤋