i have a few extra bucks in the bank: what's the best way to invest it wisely?

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i have a few extra bucks in the bank: what's the best way to invest it wisely?

2007-01-04 01:36:30 · 3 answers · asked by an_articulate_soul 4 in Business & Finance ➔ Personal Finance

3 answers

Buy a share of Toyota stock. If you have a goodly sum, you might want to put together a portfolio.

2007-01-04 01:38:50 · answer #1 · answered by texascrazyhorse 4 · 0⤊ 0⤋

Do you have an emergency fund? If not put 3-6 months of cash in a good money market at ~5%. After that select good mutual funds with a 10+ year track record of beating the market average. I look for at least 10-12%.

2007-01-04 01:40:13 · answer #2 · answered by Sun and Sand 3 · 0⤊ 0⤋

put it into a cd into your own bank this will give you equity if you need a down payment for a house or car.

2007-01-04 02:35:14 · answer #3 · answered by Anonymous · 0⤊ 0⤋