Obviously, the goal would be maximum growth for this amount - whether that be short- or long-term. Thanx!
2006-12-22 19:10:40 · 13 answers · asked by one80924609 1 in Business & Finance ➔ Investing
Oh come on, it's the Holidays----go to the casino and if you feel red- play red, and if you feel black play black-- in a jiffy you either doubled your money or lost it faster than watching it piddle away in the stock market and depress you daily as you check what's going on with- ah, come on, become an adrenalin junky and try it---
wouldn't it be nice if we COULD just do that, just once? what a rush that would be- and no, I do not have stock in any casinos.
2006-12-22 19:18:30 · answer #1 · answered by mac 6 · 0⤊ 0⤋
I'd suggest that you invest it in mutual funds if you have no experience in the stock markets. If you do then inevst a part of the money directly into good stocks and the rest into mutual funds. Sine the amoun involved is not very lrge, it may take some time before you see results, maybe three to five years. Else just invest the money in a fixed deposit account with a safe bank.
All the best!
Life's Lovely! Love & Live Life!
2006-12-23 06:11:20 · answer #2 · answered by Starreply 6 · 0⤊ 0⤋
I would do a 3way split. Stocks, bonds and mutual funds. If you wanted to replace one of those with a 401k or 401b program, that'd be a good thing, too.
If you have your money split up, should something happen to one market which could cause a loss for you, you will still have the other aspects to rely on.
2006-12-23 03:38:02 · answer #3 · answered by kerrisonr 4 · 0⤊ 0⤋
mutual funds, they're relatively safe and can be really productive.
talk to your local bank and they'll have 'em, or something similar.
anything too risky is too risky, if you know what i mean. 7000s not a HUGE amount so i'm guessing you don't want to gamble it away. mutual funds can be productive in 15 years or less. like, 2000 to 30,000 in 15 years is a GOOD investment. some grow much slower.
2006-12-23 03:14:29 · answer #4 · answered by B.B Top 3 · 0⤊ 0⤋
Trade E-mini S&P 500 index with 1 min chart.
2006-12-23 16:21:41 · answer #5 · answered by Anonymous · 0⤊ 0⤋
assuming you dont have the financial savy required to manage your investment, why dont you just put the money in one of those mutual funds, stock preferrably... emerging market even better...
you dont have to micro manage your fund and let the pro do it for you. all yuo need to do is some research on good mutual fund out there andhow much does it cost.
2006-12-23 03:14:19 · answer #6 · answered by SJ 2 · 0⤊ 0⤋
Whatever the case, I would not be talking about it on here! Man, make an appointment to see a financial professional.
2006-12-23 03:14:29 · answer #7 · answered by Content One 2 · 0⤊ 0⤋
buy drugs in mass quantity.
sell them in low quantity for higher amounts.
or be normal and invest in small business or stock. i suggest weapon type companies. they'll make a profit pretty much guarenteed.
2006-12-23 03:13:47 · answer #8 · answered by Anonymous · 0⤊ 0⤋
bring it to your personal banker. He'll be able to show you how to make you money grow, seriously. But certainly, this cannot happen overnight, it could, maybe over a year or so.
2006-12-23 03:21:05 · answer #9 · answered by PikC 5 · 0⤊ 0⤋
Probably stocks and bonds
2006-12-23 03:13:53 · answer #10 · answered by just_acali_girl 4 · 0⤊ 0⤋