I just got 10,000 dollars inheritance?

Question

and my boyfriend wants me to invest in a company called "pink sheets" has anyone heard of it?

Answer 1

Don't do it.

Invest in an education instead. Much better track record. If your boyfriend isn't rich, even though he "knows" about investments, there's a reason for that.

Answer 2

Yes. First "pink sheets" are a common name for small penny stocks. Companies that trade in the market, generally for $5 or less. The problem is they are extremely volatile and because of their size as a company it is hard to find reliable information to make a worthy investment decision. Penny stocks generally trade off of trends and is no place for a new investor and if you work with a proper advisor they most likely wont let you buy "pink sheets." I am in the financial planning business and I help people identify gaps in their portfolio that are holding them back. If you want more advice, feel free to contact me. But regardless of what you do with your newly inherited 10,000 ask yourself; what do I want this money to do for me?

Answer 3

Don't listen to your boyfriend, pink sheets are penny stocks and are super risky. You should diversify, put about 60% of your money in stocks, such as SHLD, AAPL, BBI, then put 20% in CD's and the remaining 20% in commodity stocks such as GG.

Answer 4

Is he the owner of the company.

Answer 5

Yes.

Answer 6

You're boyfriends an idiot, there's no such thing.

Answer 7

give some of your money to poor people. there are so many poor children who need money, or give it to the church.

Answer 8

get a new boyfriend.