2007-02-16 15:26:18 · 8 answers · asked by Amber M 2 in Business & Finance ➔ Investing
To keep this simple, buy a life cyle fund (also called Target Fund or retirement funds).
The T. Rowe Price Retirement Funds offer you a single diversified portfolio that is professionally managed to a specific retirement date Investing in the Retirement Funds is easy. All you do is pick the fund that corresponds to the year closest to when you expect to retire or closest to the date when you will need to start withdrawing the money. The asset allocation of these funds become more conservative as you approach retirement.
For example, TR Price Retirement 2035 has 90% stock and 10% bonds/cash. It was up more than 16% in 2006.
TR Price Retirement 2010 has 63% stock and almost 40% bonds. Because this fund is more conservative, it took on less risk, and has lower return. In 2006, it was up almost 13%.
2007-02-17 15:18:40 · answer #1 · answered by Jack B 2 · 0⤊ 0⤋
The Forex markets offer a great opportunity to leverage your money. 400:1 in most cases. This goes without saying that a swing against you, can wipe you out in a matter of minutes. Especially if you don't have capital enough to rough the storms without knowledge of trading. All things tied to success take time. The get rich quick stories you hear are mainly flukes, and are difficult to repeat.
Another option is you could flip real estate. Depending where you are, find a great bargain on a foreclosure or someone in a need to sell, buy it, fix it up, sell it, profit is yours.
Expand your education on a few topics and with time you'll be surprised how much you really know.
2007-02-17 00:57:56 · answer #2 · answered by needabuck 2 · 0⤊ 1⤋
When investing in the Stock Market it is very important to realize that risk is involved. The next thing that you have to realize is that nobody wants to lose money and in the stock market for you to make money somebody else has to lose it. In the short-term many people feel that the market moves almost randomly. Over the long term some people believe that stocks will trade to their intrinsic value. If you are looking for more information I would suggest checking out this page. http://www.optionsrealm.com/investing.htm
2007-02-17 00:30:03 · answer #3 · answered by geb9696 1 · 0⤊ 0⤋
Anything that can give you a "nice return quickly" can also LOSE you money quickly. IOW, it's a gamble. If you don't want to risk losing money, you'll have to go with something relatively conservative like an internet savings account paying about 5%. Or a CD paying slightly more.
2007-02-16 23:39:26 · answer #4 · answered by LongArm 3 · 1⤊ 0⤋
depend on how much risk you wanna take and how much to invest
Do your homework
usually starting your own business at home is good extra money
stay away from stock until you know more
2007-02-16 23:34:01 · answer #5 · answered by n K 4 · 0⤊ 0⤋
There is NO shortcut to success....
BUt if u ready to take high risk...u can go for Stock mkt.
2007-02-17 00:18:27 · answer #6 · answered by shweta - 3 · 1⤊ 0⤋
Trade Forex - but only with http://4xgenie.com - code for free week is MSMS555 ( no credit card needed, daily alerts to your computer - G3-Pro Trader)
Return is pretty quick,let me tell you.good luck.
2007-02-17 00:25:56 · answer #7 · answered by vivien 2 · 0⤊ 2⤋
check buy signal on
aptistock freeware
2007-02-17 11:52:22 · answer #8 · answered by dinu_pawar 5 · 0⤊ 0⤋