at least enough to make a measurable return?
also what would be the best market? should i go al DOW NASDAQ or should i mess with forex/ commodities as well? maybe a mutal fund?
or would it be best to just stick it in a CD, im willing to take risks but in the end i would take steady growth over a one night boom and bust
2007-02-06 09:35:01 · 8 answers · asked by Anonymous in Business & Finance ➔ Investing
the other investment would be in a high end pc to grow my graphic design bussiness, however that would take up all of my money
2007-02-06 09:36:37 · update #1
3000 dollars is enough to do good investment. I would suggest you to invest in shares. Check the website http://money-review-site.com/shares.html
to learn more on shares and stock trading and how to select the best stocks.
Hope it helps
2007-02-06 13:39:26 · answer #1 · answered by Anonymous · 0⤊ 0⤋
You definetely should not "mess with forex". You need a strategy and a process by which you can minimize risk while capitalizing on gains.
If you want to learn how to participate in the worlds First and Only 'Hands-Free Forex Trading System' then let me know.
This is an incredibly Easy and Simple System that shows you how to produce significant monthly returns with no prior trading experience!
There is ABSOLUTELY NO COST TO YOU and they actually have a FREE 15-DAY TRIAL (They don't even ask you for a credit card).
You can learn this new life skill in just a few hours and practice it for just 30 minutes a week to produce tremendous monthly returns!
Please do not take my word for it. Prove it to yourself with no risk and no obligation.
Then you can properly evaluate in the Forex market is the right venue in which to watch your $3000 grow.
Best wishes.
Paul
http://www.15daytrial.com
2007-02-06 15:40:07 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Start investing early and keep learning/practicing
That is the real BIG secret.
Start with ETFs that imitate an index for example the SPY/S&P 500, DIA/Dow Jones, QQQQ/Nasdaq 100
Before you get into individual stocks, you need to know where the market is going, and that means index ETFs.
You may want to start "fake" trades, paper trading before putting your money on the line.
2007-02-06 10:53:49 · answer #3 · answered by Carlos G 3 · 0⤊ 0⤋
3K is a great start. The main thing is that you start! You can open up a mutual fund acct and start there and then dollar cost average into it every month or so on a consistant basis. Before long, it will add up and in 20-30 years or so IF you were consistant, you will have one heck of a lot of money for retirement.
2007-02-06 10:14:26 · answer #4 · answered by Anonymous · 0⤊ 0⤋
It is plenty to get started.
Research a company that interest you then buy its stock. If you get into a company that is low right now compared to its long running, chances are it will go up.
ONLY invest in something that you see everyone using everyday around you.
If you want low return then go ahead and get a CD. They are a joke but at least your money is safe.
2007-02-06 10:09:25 · answer #5 · answered by Kitty 6 · 0⤊ 0⤋
If you're adept at daytrading, there's little doubt in my mind that the forex market is the way to go (good leverage, good movement, etc). If you're not adept at daytrading, look into program trading firms like www.minianalyst.com or www.programtrading.com. You can also search wikipedia or google for program trading and algorithmic trading, etc. Also, FXDD now provides access to trading systems to their clients.
2007-02-06 10:24:26 · answer #6 · answered by Ben L 1 · 0⤊ 0⤋
$3K - nice start for investing. Try various sources. Make maximum profit possible (Forex, stocks, money management). the last one is where i make good profit.
2007-02-08 04:18:40 · answer #7 · answered by jack77mill 1 · 0⤊ 0⤋
that's fine. Put it all in one position to cut down on trade costs and to maximize returns.
2007-02-06 09:48:36 · answer #8 · answered by Anonymous · 0⤊ 0⤋