For most people, it's mutual funds. Think of it as professionally managed money with a track record... although past performance is no indicator of future performance.
2006-12-12 23:33:25
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answer #1
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answered by Mike S 7
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First thing look for a tax free account such as a Roth IRA. When your money is growing it is growing tax free, so when you withdraw the money tax free it is like a 30-40 more growth.
As for what to invest in choose something you know first. Investing is like a ladder you need to go step by step. Once you know step one and are doing well go to step two. So what are the type step step on buying CD and laddering them, step two could be Mutual Funds step three could be stocks and step four maybe learning the long and short position in stock plus options.
Real Estate is ready to pull out of the slump in the near future but it will not go anywhere it will be awhile before you see another rise in RE like we did in the past 5 years.
Stocks will do better over seas then they will do in the US in the next few years. that is because of the economy and the US Dollar. I feel we are about to see around of inflation for the US.
Asset class I expect gold to do very well if we go into the inflation period see ahead. So I am looking for the metals to move UP as well as the USD to move down in the Currency markets ( Very Hard Market to learn)
2006-12-13 00:08:11
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answer #2
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answered by chuck m 2
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I think Energy Conversion Devices, symbol ENER, is the best investment right now. They make solar panels, batteries for hybrid cars, and a new type of computer memory. Here is a summary of their business:
http://www.top10traders.com/ViewPost.aspx?postID=197
This is from http://www.top10traders.com - this is a free site that 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. There is also a charting feature , so you can see how your portfolio performs compared to the S&P 500.
Here are this month's best traders:
http://www.top10traders.com/Top10Standings.aspx
Good luck.
2006-12-13 12:17:58
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answer #3
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answered by Anonymous
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I would stay away from real estate except in rare cases. The crash has yet to come. Remember we are going to have a Democratic congress with a lame duck pres..so keep that in mind. I think gold with the instability in the world. We could have a war with Iran at any time so possibly oil stocks especially on the dip.
2006-12-12 23:36:33
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answer #4
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answered by Anonymous
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Stocks, gold and real estate have all gone up quite a bit. Personally, I think currencies, such as the Euro and RMB/Chinese yuan, that are likely to appreciate vis-a-vis the local currency is the single best investment idea right now.
2006-12-13 00:11:01
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answer #5
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answered by Alfretz T 3
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In the long-term (as in "investment", as opposed to a "speculation"), consider PXN. It is a powershares ETF for the major players in nanotechnology. In the long-run that is going to pay off BIG because some of the things nanotechnology is doing and working on are beyond amazing.
2006-12-13 03:43:44
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answer #6
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answered by Rabbit 7
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The best investment, theoritically, is a portfolio representing the market exhaustively. The more diversified, the better.
But, over the next three years, I think governement bonds are the best investment.
2006-12-13 00:06:10
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answer #7
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answered by CSR Man 2
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It might very well be t-bills right now. Or better yet even investments in foreign government debt to protect against the falling value of the dollar.
2006-12-12 23:57:09
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answer #8
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answered by Anonymous
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Right now ? sony o0r nintendo funds ! they just reales 2 systems that peopel slept outside of stores for.and the holidays comin up. youl be rich investing in that.
2006-12-12 23:38:36
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answer #9
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answered by christopher 1
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Diversification.
2006-12-12 23:34:37
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answer #10
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answered by Anonymous
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