If you had $14,000.00 (not very much I know) to invest where would you put it and why?

Question

I need some insight...

Answer 1

I would put some in a Roth IRA and then invest the rest in stocks.

Answer 2

14000.00 at 12% per month will double every six months. At 6% per month every year. If you are patient and that will be a nice chunk of change when you are done. 14k 28k 56k 112k 224k and so on and so forth. If you found something like that would pay 100.00 a month for it? You have more than me I started with 3000 and 38 days later I have 4000.00. 33% return. Imagine how fast my money will double at that rate. I don't even need that rate that is gravy I am just looking for 12% and would take 6%. I got that return only risking 30% of my money. If you would done the same thing you would have $4,620.00 Remember you have to take some risk. But the system you are about to look at does its best to hedge that risk, so that you can sleep at night like I do. Even if you are new to the market you can do this. The product speaks for itself. You just got take the leap. www.freedominforex.com

Answer 3

Probably a short term CD, say 6 months, until you research all other options. Depends on your age also for long term investing. Buying property, stocks, bonds are all good options. Beware of get rich quick ideas.

Answer 4

Put 4,000 in a vangaurd retirement fund and use last 10 to get into the world series of poker main event.

Answer 5

It depends on your situation, not mine... if you have credit card debts and paying 12% or more you should pay them off. If you don't have a 401K plan, fund it to the max and get started on that (long term). If you own a home, pay on it to reduce your balance. If you have no debts, why not open a business for tax deductions? If you are expecting to buy a car, pay cash for it. There are more questions than answers depending on YOU and your situation, age, short term goals, long term goals, wants and needs. You might even want to donate to charity to get tax deductions if all your other needs are tended to.

Answer 6

Assuming you have a job, put about $5,000 dollars down on a house. It's the best investment you could ever make. People would kill to own their own house.

Answer 7

you should invest into your own business that is low risk, no re-investment required and high ROI. Best still it gives you the money back guarantee within a stipulated timeline.

Answer 8

id sell the eurodollar "blue pack" right now. the fronts are down 2, the reds, 1.5 and dropping, the greens are down 2...and the blues are even. in time sequential order it goes fronts, reds, greens, blues and golds. the fronts are trended higher with the following packs staggered lower.oh snap, INSITE BROKERAGE is the co. name, you want insight, call up and put in an order! (24-execution desk)

Answer 9

Well Slim' I do not know your age' I'd say use it towards Education.. As for an older person, hum..... I say' Invest
In My daughter College Ed' :) j/k of course.. Awww heck do not invest' Life is short enjoy' enjoy' enjoy'

Answer 10

Hookers and Booze, the money will come and go but the memories will last you a life time. Plus, with that kind of money you can get a good hooker instead of one of those three chin trogs. Dude, it's way worth it.