I want to know what should be my next move in investing... I had pist off so much money in the past year. And now I want to invest it before I pist it all away.... It's all that I have left so I want something that is a low risk. I don't understand anything about stocks, bonds etc. what should I do?
2007-01-17 09:03:22 · 6 answers · asked by freebag 1 in Business & Finance ➔ Investing
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 09:56:35 · answer #1 · answered by steffers4979 4 · 0⤊ 0⤋
I'm certain that you must find every financial answer at: financial-care.info-.
RE Need advice on a smart move to invest last dollar?
I want to know what should be my next move in investing... I had pist off so much money in the past year. And now I want to invest it before I pist it all away.... It's all that I have left so I want something that is a low risk. I don't understand anything about stocks, bonds etc. what should I do?
2014-08-14 20:59:56 · answer #2 · answered by Anonymous · 0⤊ 0⤋
You know what would be good for you? To join an investment club. You meet with other people every month, you learn how to invest, you pool your money (maybe about $50 a month each) with their money, and you buy stocks together. That way, you can learn, you don't risk much money, you learn how to save as well, and you can start soon. To find a club, go to www.better-investing.org.
2007-01-18 02:34:53 · answer #3 · answered by Katherine W 7 · 0⤊ 0⤋
Open a brokerage account at TD Ameritrade and then drop me a line. I will help you for FREE.
Top 4 Answerer.
2007-01-17 18:32:50 · answer #4 · answered by Anonymous · 0⤊ 1⤋
you need to go and talk to a good broker and let them help you, go to your local bank and ask to speak to their investment person, don't try to do it yourself, pay someone a small commission, that is well spent money
2007-01-17 21:09:17 · answer #5 · answered by besthusbandever 4 · 0⤊ 0⤋
I found this site, currency trading, maybe you can read a bit about it:
http://worknearn.bathbiz2.hop.clickbank.net/
2007-01-17 19:32:54 · answer #6 · answered by worknearn 2 · 0⤊ 0⤋