is it something reliable? is it easy to make money?
2007-01-17 07:50:48 · 9 answers · asked by Anonymous in Business & Finance ➔ Investing
please give details to your answers so i can understand thi investing thing..
2007-01-17 07:57:18 · update #1
It depends on how much risk you're willing to take. You can make 4-5% on your money with no risk by investing in U.S. Treasuries. You can make about 8% with little risk by investing in the stock market. Anything over 8% will involve more risk.
It can be reliable. It's easy in the sense that it takes only about 1/2 an hour once a month after you get started, but you have to save the money and not touch it for it to grow.
Try www.fool.com for more information, or read a book on it by the Wall Street Journal or by Suze Orman.
2007-01-17 07:59:19 · answer #1 · answered by Katherine W 7 · 2⤊ 0⤋
The stock market has returned roughly 10% annually over the past 80 years (historical trends are no guarantee of future returns). However, this is not a steady 10% a year. Some years the market goes up 20%+ and in other times goes down 20%+. So the best way to make money in the market is to invest in index funds and hold your money in them for the long run.
2007-01-17 16:46:08 · answer #2 · answered by gradatusf 2 · 0⤊ 0⤋
You should try prosper.com. But only invest in loans with a credit rating of C or better and a DIT of less than 20%. I have had tremendous success with Prosper. Most of the loans I've funded have at least a 10% - 18% return. A lot better than any CD and safer than the stock market! Good Luck!
Check out this article from the NY Times.
http://www.nytimes.com/2006/02/13/technology/13ecom.html?ex=1297486800&en=a0ac72b7453152ab&ei=5090
2007-01-17 17:57:14 · answer #3 · answered by steffers4979 4 · 0⤊ 0⤋
Investing is a long term process few people get rich day trading, My father lost about 100k in the downfall of .coms Ive made about 50k in the last 2 years on a 170k investment. If you have less than 20k invest it in a CD or Money Market If your looking to get rich quick it may not be in the market.....but hey get a GOOD broker anyways
2007-01-17 16:01:09 · answer #4 · answered by Joesph B 4 · 0⤊ 0⤋
It depends how much one can make.
There are following factors
1) How much money you are willing to invest
2) What is the return
3) Can you make it again and again.
4) By when you will get return example one year, 2 year , 5 year or 20 year.
I would recommend you to do Forex trading as it gives you fast returns. Check the website below
http://money-review-site.com/investment.html
2007-01-18 16:13:50 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Depends how much you invest and if you make smart decisions. Nothing in life is easy, esp not making money.
2007-01-17 15:55:33 · answer #6 · answered by strtat2 5 · 0⤊ 0⤋
As much as they can. Investing is a risk. It is difficult at best.
2007-01-17 15:54:07 · answer #7 · answered by Eva 5 · 0⤊ 0⤋
1) Billions.
2) Yes.
3) No.
2007-01-17 18:40:30 · answer #8 · answered by Anonymous · 0⤊ 1⤋
If you are smart you can become a millionaire very quickly.
2007-01-17 22:17:29 · answer #9 · answered by purplemollies 3 · 0⤊ 0⤋