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i need ideas ,business etc

2007-04-02 14:03:40 · 7 answers · asked by Anonymous in Business & Finance Investing

7 answers

First, you get a life and disability insurance license. Then you sign up for salesgenie.com and give the pitch to as many people as you can.

2007-04-02 15:08:28 · answer #1 · answered by Rabbit 7 · 0 0

1. Pay off credit cards or student loans
2. Pay off car.
3. Stocks and bonds.
4. Keep $1000 in cash
5. I would invest in China. The way I would do it is through the Greater China Fund (GCH). If you take a look, it is a great mutual fund that invests in Chinese companies. It yields above 10% so you also get the divvy. You want to invest in stocks, also. I would put $4000 in GCH.
6. Do some research and follow some stocks. Set up a Yahoo Portfolio and see what they do. If you think you are ready, go ahead and buy one. I would put $2000 in a company I followed and I liked. Such companies are EBAY, NFLX, NJ. All three awesome companies.
7. Invest in an industry leader. Such ones are GE, CAT, MSFT, INTC, DIS, AA. You can never go wrong buying an industry leader. I would put $2000 in.
8. Take a nice, long vacation. Stocks and bonds are great, but ultimately, you can't make lasting memories with them. Treat yourself to somewhere you've always wanted to go. It's a lot more fun than having money stuck in a computer somewhere!!!
9. Good luck and email me if you need more help.
10. Read this book: Best Stocks You Can Buy 2007 by John Slatter. Good read and very insightful.

2007-04-02 21:24:06 · answer #2 · answered by Anonymous · 0 0

Conventional wisdom says pay off debt....however, interest rates are still historically low, so your spread on investing vs paying debt may be positive. (Besides, the human tendency is to spend more when debt owed is less...so invest now!!)

Stocks generally beat the long-term returns of bonds, mutual funds and money markets. However, they are much more volatile, so you have to determine your own tolerance for risk.

If you enjoy business, stocks, and finance I would recommend you start studying and within a couple years, you can begin running your own portfolio using stocks and options, but if you are bored with finance and business, the required regular education of stock investing may not be for you.

A basic investment strategy would be to open a Roth IRA which allows you to sell options on your stocks, but doesn't tax your profits. You could buy shares of a monster company like Johnson & Johnson, Altria, Pfizer, BP...a company with a track record of dividends and protection from economic turndowns.

Visit the Motley Fool website or my own investment club!

2007-04-02 22:42:35 · answer #3 · answered by matt.goldseth 1 · 0 0

It depends on how long you're willing to invest it. If it's more than 5 yrs, you should look for a good growth & income mutual fund that's at least 10 yrs old, averaging at least %12 over those 10 yrs. If it's less than 5 you would probably be wise to just put it in a good money market acct.

2007-04-02 21:12:44 · answer #4 · answered by linkin 2 · 0 0

Hi..my name is Elly. I'm one of the Financial Consultant. I can guide you on this. You can invest your money or make your money grow in this secured & guaranteed investment. The return will be 300% within 15 mths. Kindly email me at money_zone07@yahoo.com for further info, tq!

2007-04-04 06:51:24 · answer #5 · answered by ellyna 1 · 0 0

Save that for retirement, get a Roth IRA going, you can get most of it in with 2006, 2007 and throw the rest somewhere in a mutual fund and blow it, but get about 8000 of that in a Roth IRA.

2007-04-02 21:33:04 · answer #6 · answered by The Scorpion 6 · 0 0

PUT THEM INSIDE YOUR MOTHER`S A.S.S!!!!!!!

2007-04-03 21:52:58 · answer #7 · answered by ? 6 · 0 0

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