What is the best way to invest 20 Thousand $ in US these days?

Answer 1

You should invest in stocks, bonds, and money market funds. You want to buy a diversified portfolio of stocks, as individual stocks are too risky. For most folks this means buying mutual funds. I like Vanguard.com, other people like Fidelity, TIAA-CREF, and DFA. Buy no-load, low cost funds. If you are like most people you will invest part of your money aggressively in stock funds, and part conservatively in money market funds and bond funds. Vanguard.com has an on-line questionnaire which will give you an idea how aggressive you want to be.

If your company offers a 401K plan at work, try to invest the most you can. The money grows tax free, and some companies will match your contribution. Investing in a mutual fund IRA is also a good idea.

I like index funds. Because of their broad diversification, you are less likely to have a dramatic drop in value. They also have the lowest expenses. For stock funds, I would suggest putting ~70-80% of your money in the Vanguard Total Stock Market Index Fund. and ~20-30% in a foreign stock index fund. However, there are many different opinions out there on what the best mutual funds are. Read the links below and form your own opinion

Buying a house instead of renting will save you a lot of money in the long run. You don't have to pay rent and you build equity in your house instead.

If you have high-interest debt, like credit cards, it is best to pay this off first before trying most of the investment ideas above. You should also have 3-6 months of salary saved up as an emergency fund in a bank or money market fund before trying more risky investments.

Believing advice you get on Yahoo answers can be risky, so read these websites for further information. If you find it too confusing, contact a professional financial advisor. They will charge you significant commissions, however.

Sources:

http://www.vanguard.com/VGApp/hnw/planningeducation
http://www.dallasnews.com/sharedcontent/dws/bus/scottburns/columns/2007/vitindex.html
http://www.fool.com/school.htm
http://sec.gov/investor/pubs/assetallocation.htm
https://flagship.vanguard.com/VGApp/hnw/FundsInvQuestionnaire?cbdInitTransUrl=https%3A//flagship.vanguard.com/VGApp/hnw/planningeducation/education

Answer 2

Insuring that businesses do no longer take taxpayer money to conceal their blunders isn't Socialist in my e book. once you're taking extensive useful factors by way of ursuping the components, you may desire to take duty on your strikes. Making human beings stand tall and take duty is the american way. you may take the best (salary) besides because of the fact the undesirable (losses) right here. you're making your very own destiny. BP has long been driving roughshod to acquire obsessive salary with little regard to the consequences of a obtainable mistake. properly, THEY made a mistake, now the whining crybabies that they are, do no longer opt for to take duty. they do no longer even recognize the place first of all this mess, that's how irresponsible and conceited they are. The industries and livihood of hundreds of thousands will by no skill recover from this. Had it occurred in China, executions might have observed, yet because of the fact it occurred right here, someway we are incorrect ? i recognize hundreds of thousands of Brits have their pensions at stake right here and it rather is unhappy that a unmarried group of bumholes has the potential to break numerous individuals's lives. Blame Obama ? i do no longer think of he's God as you seem to have faith, yet an elected good who represents the generic public of human beings. And this American needs BP to pay each cent of reimbursement required for the wear they have achieved. that isn't obtainable of direction, because of the fact the wear heavily isn't corrected, ever. As for making an investment interior the u . s . a . ? the place else are you able to be assured that an enormous foreign places government subsidized employer like BP can't are available in and injury your enterprise with compensating you? each and all the companies that have been destroyed by way of this grevious errors would be compensated. those companies had investors that needed the secure practices of regulation additionally. once you strengthen the stakes as BP did, you strengthen your possibility. Or a minimum of they'll now. There could desire to by no skill be a legal duty cap, quite while recklessness is in touch. BP has a historic previous of being reckless, yet that could replace after this.

Answer 3

It all depends on how much risk you are willing to take. If you have time, try a money market fund or a CD. Your money will grow faster than inflation but not much faster, and you won't be able to touch it for six months, a year, or five years, depending on which one you choose. If you want to take chances call a reputable stock manager firm and invest there.

Answer 4

Invest in Euro-America Index - Providing the best solution .Go here http://www.eaindex.com/cmgk2058...
You can start as low $20, max is no limit.

Euro-America Index runs absolute return strategies. Absolute return funds aim to generate return in both rising and falling markets. Other than most managers of equity funds who generally try to beat the index they are being compared to, our goal is to generate return in a range of market conditions independent of traditional benchmarks http://www.eaindex.com/cmgk2058...

Answer 5

Invest in your self and your future, besides what is more important than you? Try and get ahead in life now while you can.

Answer 6

for me would be in options. But then again you need to know and be educated about investing in Options.

It is Risky when you don't understand how it works

Answer 7

U.S. Savings Bonds

Answer 8

In my bank account. E-mail me for futher instructions and advice

Answer 9

Pay-off the mortgage of your house.

Answer 10

I would say put it in a CD at your bank.