commodity is a sure way to make $ quickly but also loose all of it very quickly. Set up sharebuilder and research and choose a stock of an established company. put in $500 each time over the next 12 months into that stock ( that's 4 x @ $4 each time). or buy $150 each month over 12 months or even more... as now you've just started the process of investing on very little savings.. Otherwise, set up and scot or etrade and day tray on established companies.
2006-11-29 18:40:49
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answer #1
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answered by JNC 2
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if you have any debts like student loans or mortgage, making extra payments will save you thousands more in interest payment. mutual funds are a gamble, as stock market is. you can watch the stock market and choose some stock that looks promising, also read advice in blogs etc. you only gain or lose money when you sell, so if your stock takes a small dip, don't fret, it might bounce back up. if it does well, you can keep hoping it will do better and better, or sell some or all of it.
another suggestion is to take a couple of college classes that might make you more valuable at a job. You are never too old or young to take classes, even non credit continuing studies courses
2006-11-30 02:48:06
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answer #2
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answered by mel 3
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Hi,
2K is small amount to start your own business however you may try to start forex trading. Yes, it's risky business for beginners but it is very profitable.
Firstly you should study following books:
Technical Analysis by Jack D. Schwager;
Comprehensive Course on The Wave Principle by A.J. Frost and Robert Prechter;
Candlestick Charting Explained- Timeless Techniques for Trading Stocks and Futures by Gregory L. Morris;
Trading Chaos – Applying Expert Techniques to Maximize Your Profit by Bill Williams;
New Trading Dimensions by Bill Williams
Accordingly those books you could create your own trading system and start trading yourself.
Easier way is to find trader who accepts private investments and place it for trade.
I'm forex/cfd trader. I accept private investmens and pay not less than 5% monthly for 12 months. Minimum investment amount is US$2000. If you are interesting please pm or e-mail me (press on my name) and I provide you with investment details
2006-11-30 03:38:34
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answer #3
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answered by VP 3
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don't trade in commodities, they are the riskiest investment and are for the pros. Try mutual funds.
Here's a page for finding a good good mutual fund to invest in:
http://www.best-stock-trading-systems.com/mutual_fund_ratings.html
2006-12-01 04:50:13
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answer #4
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answered by Anonymous
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Firstly, I would suggests :
Automotive
Movies Industry,
Food & Bufferages,
Travels,
Publishing,
Recording,
Chemistry,
Financial,
Morgue. (Grand Finale)
Then Misteryo Domine,
Politics.
Languages.
2006-11-30 02:40:09
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answer #5
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answered by Anonymous
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Ya 2k is small amount. Go for a personal loan that easy way to build some money fast. chech list os such compnies here,
http://personal-loans-easy.blogspot.com/
2006-11-30 03:45:35
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answer #6
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answered by laura 2
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