Hello there,
Here's my situation...i do have some amount of money (several thousends..as mentioned) and want to put it in something intelligent like buying shares or forex or internet site...I am computer programmer and have to say that my knowledge in buying shares or forex is pretty limited...but the reason why I would like to spend money in similar hard areas is why I live in poor country (Bulgaria) where any investing in "small business" is very risky...
Thanks alot!!!
2006-10-20 01:43:31 · 9 answers · asked by Boian G 1 in Business & Finance ➔ Investing
If you live in Bulgaria, invest the money in train tickets to a more econimically advanced country where you can get work. Is Bulgaria in the EU? If so, it should be easy to move to another EU country.
2006-10-20 01:52:55 · answer #1 · answered by SPLATT 7 · 1⤊ 0⤋
If you know that you don't know much about investing then invest in educating yourself first.
You can make consistent returns of 4% a month writing covered calls on US stocks. Forex can giveyou that daily but if you have not learnt the skills you will lose. You should no longer be thinking of investing tho - as that is a bygone era.
Now you need to be a Market Trader - buy and hold just wont cut it anymore as a strategy to make money in stocks etc.
2006-10-23 15:10:46 · answer #2 · answered by Anonymous · 0⤊ 0⤋
The fine alternative is NOT to. Most on-line brokerages cost no less than $four.ninety nine for a alternate. With simplest $one hundred you might be paying a five% cost simply to shop for the shares, on the other hand while you promote. $one hundred isn't ample to speculate.
2016-08-31 23:54:18 · answer #3 · answered by Anonymous · 0⤊ 0⤋
I'd say the key word there would be 'Wisely'. Check out http://investing.hammocksurvivalguide.com/
It's got hundreds of articles about investing. You should find some of them helpful.
2006-10-23 10:57:37 · answer #4 · answered by Brian W 2 · 0⤊ 0⤋
I am not familiar with the investment opportunities in Bulgaria so my advice will not be of much value.
2006-10-20 02:25:37 · answer #5 · answered by Anonymous · 0⤊ 2⤋
How to invest smarter? Open good sites in investing...
2006-10-20 02:04:43 · answer #6 · answered by dodadz 4 · 0⤊ 1⤋
If you have less than $25,000.00 USD I suggest ETFs and Mutual Funds.
2006-10-20 08:25:55 · answer #7 · answered by Anonymous · 0⤊ 1⤋
roth ira
2006-10-20 01:51:37 · answer #8 · answered by Anonymous · 0⤊ 2⤋
Why not invset it in www.zopa.com?
2006-10-20 04:00:45 · answer #9 · answered by DragonBoy 1 · 0⤊ 1⤋