Where can I invest $60,000 cash and receive the best return?

Question

I have $60,000 in cash and I want to invest it all in something that will provide me with a high yield. I already have stocks, IRA's, Mutual Funds, College Saving Plans and a Savings Account. I also own a couple of land lots in Louisiana.

Any ideas of where I could invest now and whom I could possible seek for professional investing advice or assistance?

Answer 1

Katherine is right a high yield will involve a higher degree of risk. But since you already have a diversified portfolio and it looks like the $60K is purely investment dollars I would look at the foreign currency market (Forex).

There are many people that enter the Forex market as though they are pulling up a chair at a blackjack game in Las Vegas. This is a sure way to lose money.

With a little assistance, a little education and a little practice you can trade in the Forex market using conservative strategies that generate a very comfortable monthly rate of return. You will not double your money over night but as a long term investment strategy you will earn more than your stocks, mutual funds, IRA's, College Savings Plans or savings accounts.

Cheers,

paul
[e-mail]

Answer 2

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Answer 3

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 was one of a kind. I have been using the system now for about 6 months, and the returns have been very healthy. 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 Feel free to contact me anytime with any questions.

Best Regards
Chris Thomas
541-255-2647
[e-mail]

Answer 4

Hi,
You should try with Penny Stocks Trading (you can find more info here: http://pennystocks.toptips.org )

Penny stocks, also known as cent stocks in some countries, are common shares of small public companies that trade at low prices per share.
I've been subscribing to this PennyStock web site for about a year now and have loved the objective advice they give. He really does look for quality stocks and I've made some pretty nice profits on a lot of his suggestions. Being still fairly new to investing I have been dabbling a lot in penny stocks to try and grow my account. I may not have a big account, but it's a lot bigger than it was a year ago. On just one of Nathan's picks this year I managed to make my investment back ten-fold! Be careful! Penny stocks are notoriously risky but if you follow the right method the risk is almost 0. I suggest to invest only little money first and then reinvest the profits. This is the site I'm using: http://pennystocks.toptips.org
Cheers.

Answer 5

the best advisor in your case would be a certified estate planner. it's good to keep a diversified portfolio.

however, being that i am in the profession that i am in, i'd say you might try to put that money towards developing SOMETHING on the vacant land. you would not have enough money, all on your own, but perhaps a bank would lend you enough to hire a good builder.

go to aarp.com and read up on how if you buy a house that it's a way to BUILD WEALTH, and to build it fast. if it is an investment rather than your home, have your estate planner (hopefully also a creative counselor in real estate) explain to you the magic of renting it out, using depreciation and capital improvements, so that eventually you can sell it using the scheme for you to defer capital gains taxes. it is called a "1031 starker exchange." it is all over the internet, too.

i wish for you to build your wealth as quickly as possible. because, SS sure is running out of money fast!

Answer 6

These guys dont know what they are talking about, if that guy is getting 30% return on stock he is by far beating S&P and should either be thankful he lucked out on his stock pick or he should take a job as a portfolio manager. As far as your money you could either invest in a allocated mutual fund. Be sure to choose either an A or B share depending on your objective. As far an individual stock, it typically does not make sense investing in them unless you know what you are doing. Your riskiness is far about the return typically. In all my experience i would recommend a well diversified MF with good mgmt fees.

Answer 7

Higher yield = higher risk. How much risk do you want to assume? I think it's time to pay a financial advisor, someone who works by the hour or project, NOT by commission, to get some advice. You might also want to subscribe to some magazines, like Kiplinger's Personal Finance, to figure out what you want to do.

Answer 8

I get 30%+ return on stock investments, thats where Id put it

Answer 9

the best return is mutual funds within 3-4 yrs.it's no harm 4 u to try if u don't use this money.

Answer 10

i am looking for investors to get a return three times what they put into it in six months or carry it over every six months or take the profits and carry over thier original investment over..