2007-05-08 15:34:33 · 3 answers · asked by ishakoor32 1 in Business & Finance ➔ Investing
The two best investments over the long term are stocks and real estate. Getting in and out of stocks is cheaper than real estate. With stocks you can get in bundles of stocks through ETFs, indexes and mutual funds. With real estate you can get into REITs (which is owning shares in property rathr than a business).
I think $1,000 per like iteam (in stocks, that would be like onwing shares in one company or buying into one index) should be the minimum.
2007-05-08 16:34:34 · answer #1 · answered by gregory_dittman 7 · 0⤊ 0⤋
I would suggest contacting a financial advisor. He would probably advice you to place your money into a money market fund until you have a clear objective for your investments (this is a cheap way to begin investing). Since it is unclear what amount of money you are able to invest here are some things to consider before meeting with a broker/dealer...what are your goals for this investment...Do you want to supplement your current income? Or save for retirement? Do you simply want to keep up with inflation or grow your capital? There are so many way to invest and they all depend on your income, tolerence for risk and investment goals. It wouldnt hurt to sit down with an advisor...thats for sure...GOOD LUCK!
2007-05-09 00:30:51 · answer #2 · answered by maxdoctor21 1 · 0⤊ 0⤋
1) $1.00 USD.
2) SogoInvest.
2007-05-09 02:39:20 · answer #3 · answered by Anonymous · 0⤊ 1⤋