what should you invest in if you want to put $150 of investment in every month?

Answer 1

A Roth IRA invested in mutual funds.

Answer 2

If your employer offers a 401(k) plan, you need to max that first. Many plans match your investment by putting a percentage of the profits in it. That's like free money.

Next, You could start a Roth IRA or a conventional IRA and max that out, too

If you are young, then I suggest you choose an investment option in both of the above plans that will give you some growth an increase in the value of the holdings.

Stay with high quality stocks and no-load mutual funds and be sure you diversify into several industries, so if one industry, like Housing, goes down, the other industries, like oil, will pick it up

Answer 3

I agree with Jkersman0. If you don't need the money for 10+ years, and you find a well diversified mutual fund (like an index fund someone else mentioned) is right for you, Vanguard and most other mutual fund companies require a $2500 to $10,000 minimum investment. Check out the T. Rowe Price mutual fund family (www.troweprice.com). You can start with as little as $50 and have as little as $50 electronically taken out of your bank account each month until you reach their usual $2500 minimum.

Answer 4

I tried investing in stocks and bonds. I find the return to be slow for me, I started to investing in my self. I started a business selling psp stuff on line. You can turn 150 to 280 everyday doing that. Better then any stock. Just try to find a way to buy low and sell high.

Answer 5

Bonds; you can buy small to large ones and they give you a safe return in interest once a year.
Term Deposits: you may need a multiple of $1,000.00 , but the interest rate is higher and you have many options as to the type of term deposits.
You are smart to be putting some money away every month!
I keep enough money in my chequing account so I have no cheque charges. Also, I put the rest into savings, bonds and term deposits so I can collect interest. In this way, my money is working for me. I don't take risks, you can lose your money !

Answer 6

With such a small regular amount, virtually your only choice is a savings a/c or a mutual fund. But you can always put it in a savings a/c for a year and buy shares once every year. But I would go for a mutual fund if I were you, until you learn the ropes.

Answer 7

I would take a loan to be reimboursed at 150$ /month and buy a piece of land who's market value would increase at a rate higher that the interest rate i'm paying for the loan.

Answer 8

depending on where you are.
but the best thing is to invest....
i started putting away 50.00 a month 16 yrs ago.
and have quite the chance.

edward d jones inc. is a good agency
also a bank. have stuff put away at both.

but investigte the choices in your town.
getting someoen local that keeps on top of it is good

Answer 9

Try http://www.sharebuilder.com

They have minimum investment of $4.00 and over 6,000 stocks to choose from

You can have the money automatically withdrawn from your account and assigned to a stock of your choice.

Good luck!

Answer 10

nobody that has tried to answer this question can properly do so. please do not listen to any of them. you need to know a few more things. for example, how old are you? what is your career and tax bracket now? roth IRA's only work if you plan on being in a higher tax bracket later in life than now. this question is very vague, could you supply us with some more information about yourself?? age? anticipated career path? anticipated retirement age?