I am looking to invest a small amount of $$$.
2006-11-02 01:55:48 · 8 answers · asked by fullofsunshine 4 in Business & Finance ➔ Investing
ING Direct
2006-11-02 01:57:45 · answer #1 · answered by prizefyter 5 · 0⤊ 0⤋
For investing ideas I think the best way to get started is to invest in what the best traders are buying. This is the idea behind the site, http://www.Top10Traders.com -The site lists out which investors are doing the best and what stocks they have bought. Just click on the portfolio of the best investors and you can see the stocks they like.This is a free site that also lets you create a portfolio of stocks with $100,000 in "play" money. Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors. You can also read posts on investing from the best traders, as well as share your own investing ideas.
Here are this month's best traders:
http://www.top10traders.com/top10standin...
Good Luck!
2006-11-02 10:14:26 · answer #2 · answered by jojo 3 · 1⤊ 0⤋
look into tax liens. states have either tax liens or deeds. You will get a good percentage back in addition to the amount put in. do not go to tax lien sales- wait until after- there's usually hundreds or thousands that you can buy at that particular state. It's up to you on how much $$ you spend on the liens. good luck. don't buy into get rich quick schemes. sorry I can't help you more but it's worth it to do some research yourself, too. :)
do not go to Women's Financial Conferences- talk about a live infomercial! I went to one yesterday (got 'free' tickets in the mail that would normally go for $149.00 ea) and the speakers are like evangelist preachers- they were talking about how you can do stocks, buy real estate, etc... and if you want to learn all the secrets, there's a special class (for each speaker) at the tune of (special discount!) $2,000 -- and a lot of times all those kind of classes are already out there- for free! So also remember 'A fool and his money are soon parted'
One thing they did mention was to invest in the money yourself, not in the hands of a stock broker, or a money manager- remember it's YOUR money- and make sure you do your homework. THere's free classes about stockmarkets out there, too. Talk to people who have made it big and find out how they became successful. Good, free information.
2006-11-02 10:00:32 · answer #3 · answered by kewte_kewpie 3 · 0⤊ 0⤋
Depends on how deep you want to get into investing. If you just want to hand it over to a money manager, I would suggest going with a good mutual fund. I personally would not invest in a fund that was not 5 star rated by Morningstar. (Don't invest anywhere until you understand what that last statement means)
2006-11-02 10:09:08 · answer #4 · answered by the_pharaoh109 4 · 0⤊ 0⤋
It depends on what you like to do. a bank sounds good, depending on how much you have why not invest in real estate, or stocks.
try going to these sights for more insight
2006-11-02 12:39:19 · answer #5 · answered by Kiwi 2 · 0⤊ 0⤋
I would go to the bank if I were you and check out their mutual funds or cds because I think they give you a 6% annual percentage and its much higher than a savings account.
2006-11-02 09:58:20 · answer #6 · answered by Maji 3 · 0⤊ 0⤋
If at least $500 you are past banks if can keep hands off it for a while. Schwab.com has the options. If have more info can e-mail me vegas_iwish@yahoo.com
2006-11-02 09:57:42 · answer #7 · answered by vegas_iwish 5 · 0⤊ 0⤋
Try a bank.
2006-11-02 09:56:18 · answer #8 · answered by Chuglon 3 · 0⤊ 0⤋