I have $1000 I want to invest for an easy return. I have looked into C D's and money markets. is there anyhting else?
2007-01-27 09:48:18 · 7 answers · asked by templarfound 2 in Business & Finance ➔ Investing
You can invest into mutual funds,savings bonds and 401k plan.
Stocks are risky.
Hope that helps
Take Care,
Incomestorm
http://3in7s.ws
2007-01-27 09:59:02 · answer #1 · answered by Incomestorm 2 · 0⤊ 0⤋
$1000 is small investment.Few questions need to ask.Long term or short term? willing to take the risk?If long term safety beside cd and money market fund that will be uncle sam(us) bond.Forget stock because need more 1000$ to open an account and those guy take quite amount of commit ion.
2007-01-27 18:06:50 · answer #2 · answered by brother3 4 · 0⤊ 0⤋
The last time I used this little amount of money to make money, I bought a used car and sold it for more. The car was bought at an auto auction. And sold privately.
2007-01-27 17:59:50 · answer #3 · answered by whatevit 5 · 0⤊ 0⤋
Using Scottrade, you could buy something like 23 shares of McDonalds (MCD)--if you are interested. If you don't like McDonalds, how about Wendy's? You could buy about 30 shares of it--if you are interested. You could buy something close to 117 shares of Ford (F), now that they are on the rebound after a losing year--if you are interested. If you would rather, China Brilliance Automotive (CBA), China's top car company, you could buy about 47 shares--if you are interested.
So what are you interested in?
2007-01-27 18:11:53 · answer #4 · answered by Rabbit 7 · 0⤊ 0⤋
Before investing I would suggest you to check the website below to learn more on shares and stock trading and how to select the best stocks.
Hope it helps
http://money-review-site.com/shares.html
2007-01-28 16:47:21 · answer #5 · answered by Anonymous · 0⤊ 0⤋
I suggest you to open a brokerage account at Scottrade and invest in DIA.
2007-01-27 18:13:52 · answer #6 · answered by Anonymous · 0⤊ 0⤋
dollar store? buy something and sell it on ebay?
2007-01-27 18:01:58 · answer #7 · answered by Anonymous · 0⤊ 0⤋