2007-01-15 01:33:32 · 11 answers · asked by Slim 2 in Business & Finance ➔ Investing
Put it in a CD, six months or 1 Year term, depending how soon you want your money back.
2007-01-15 05:51:04 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Short term CD @ 5%. Be careful of some of the advice you get from the charachters here on the net. Some of it is illegal, depending on what country you are from. You need to do a lot of homework to invest on your own effectively. Some will brag, basically to invest without risk, you gotta be an insider. The closer you get to insider trading without crossing "the line"...whatever that is, the more successful you become and the more chances are that you will be arrested someday for that. That's my view, and yet, I too look for an opportunity just like you. If you can buy anything for a price and sell it for more, you make a profit. Dollar store might be a good idea.
2007-01-15 10:15:34 · answer #2 · answered by Anonymous · 0⤊ 0⤋
I recommend your first step is to buy a 90 day CD. Your next step should be the spend the next 90 days learning about investments available. The first rule of investing is NEVER invest in anything you don't understand. The second rule is, you can understand ANY investment if you work at it.
2007-01-15 09:53:11 · answer #3 · answered by STEVEN F 7 · 1⤊ 0⤋
With just $1000 bucks, Id say a money market account.
2007-01-15 10:02:31 · answer #4 · answered by M O 6 · 0⤊ 0⤋
Go to your library and get a book on investing and read it. Or to a book store.
2007-01-15 09:39:12 · answer #5 · answered by Italian girl 4 · 0⤊ 0⤋
put the money in a money market account with a brokerage firm (Charles Schwab, Ameritrade, Sharebuilder.com) keep adding to it till it reaches $3000, then take $2000 and buy a diversified mutual fund.
2007-01-15 09:37:47 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Hi,
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2007-01-15 09:40:55 · answer #7 · answered by VP 3 · 0⤊ 2⤋
Buy a thousand things at the dollar store.
2007-01-15 09:36:39 · answer #8 · answered by Anonymous · 0⤊ 1⤋
I'll be happy to take that problem off your hands.
2007-01-15 09:41:02 · answer #9 · answered by Anonymous · 0⤊ 1⤋
forex - but only with http://4xgenie.com services - your promo code is MSMS555 , you'll be glad I told you this...:-))
2007-01-15 18:41:16 · answer #10 · answered by vivien 2 · 0⤊ 0⤋