What is something good to invest money into for the first time?

Question

And how do you invest or what is the process?

Answer 1

This is only my opinion but I seriously think that one of the best investments right now is real estate.
Whether you find inexpensive properties and then sell them for a profit immediately or rent the property out and collect your profit over time (in this case purchase apartment houses rather than single family houses) or hold on to the property for a few years and then sell, I really think that real estate is the way to go.
Take care.
Take care.

Answer 2

I think the best investment right now is by far the Foreign Currency Exchange Market, also known as the Forex. Where else can one earn interest on up to 400 times his or her money? The banks have known this secret for years, this is where they produce a large percentage of their income. But, not until about 1998 was it really introduced to the public, thanks be to the internet. There is only one problem though, 95% of people lose their money within the first 60 days. I was searching for a way to invest in the Forex, but eliminate the guesswork, and eliminate sitting in front of the computer all day. I came across FreedomRocks, and it truly is one of a kind. I have been using the system now for about 6 months, and I have seen very healthy returns. The system does 95% of the work, and it only takes about 20-30 minutes per week to manage a portfolio of any size. FreedomRocks has the biggest Forex brokers in the industry fighting for their business. The best part is anyone can try the system for free. Check out www.simple4xinvesting.com for more information.
Also, feel free to contact me anytime with any questions.

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Chris Thomas
541-255-2647
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Answer 3

Something good for the first time is a mutual fund or other equity securities. A roth ira is overated and in the long run produces the same rewards as traditional ira. A MF produces instant diversification and ease. An individual stock is fun and lets you learn how the market works. I recommend doing both. As you buy your first stock try to learn all the valuation principles. Investing is very fun when you know what everything means.

Answer 4

If you're looking for a high yeild but not to much commitment, I would suggest going to your local bank or credit union and purchasing a Certificate of Deposit. That will help you to better understand the processes and rewards of investing. If your looking for something more tangible, go to Kitco.com and purchase silver or gold in a pool acount. you can get it out whenever you want and you can see the price rise and fall everyday, however there is risk assoicated with this one.

Answer 5

Start a Roth IRA. Invest in an index fund. Vanguard 500 is a pretty good one. It mimics the S&P500 which is what everyone is trying to beat but seldom does.

Answer 6

starting out? Just keep it simple and buy some stock in a trusted company. Like General Electric (GE) for example, or IBM, or Citigroup. If you buy something that is simple, you wont be scared into doing something stupid when the stock price goes down. Which is will.... Ocassionally. Just remember though, your not loosing money... Your stock is just going on sale.

Answer 7

dont just take this on yourself. there is hard earned money to be just thrown away if you play the market. just as quick as you can get rich.........you can lose it all. check with companies like edward jones and get your own personal advisor as far as your money goes and where you put it for your future.

Answer 8

Something you enjoy doing, maybe a business part time while you still work.

Answer 9

Real estate...always works in the long run.