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15 answers

Put it in a CD!
Don't invest in any companies.
Real Estate fluctuates too much these days.
And everyone within 6 Degrees will ask for a loan. Don't loan it out.

Good luck Hon.

2007-06-08 10:30:51 · answer #1 · answered by Gothic Martha™ 6 · 0 0

Look up DIA, SPY, and NY, well, and maybe IOO.

When you watch the news and they talk about the stock market, they generally will first tell what the Dow Jones Industrials did, and recently they've been doing pretty good. You can buy a piece of that by buying DIA (also called Diamonds), an exchange traded fund (ETF) that buys the 30 Dow Jones Industrials stocks.

The news also often next mentions the Standard & Poors, or S&P, 500. You can cheaply buy into them by buying another ETF called SPY, or spyders. You are buying into the bunch of them when you do.

The next isn't so obviously or commonly reported. NY buys you into the top 100 (by market capitalization) stocks on the New York stock exchange. Recently it was around 80, but last May it was going for something like 65. A pretty good growth, if you ask me.

There are other good ones, IOO is the 100 biggest publicly traded global companies. DVY is a collection of solid dividend paying companies. Or you can mix and match. These "biggies" are the kinds of things that you put money into and pretty well forget it because in the long run they have long proven to weather the storms. Good luck.

2007-06-09 15:51:00 · answer #2 · answered by Rabbit 7 · 0 0

You have already had some very good suggestions.

"Put it in a CD for 6months" and do some research is excellant advice.

Pay off any debt you have would have to be the number one suggestion.

Decide how much you need to keep instantly available and put that amount in a bank account.

Deecide how much you can invest for different time frames.

E.G. 1 year, 3 years, 5 years, 10 Years etc.

Some of your capital that is available for 3year+ investment is suitable for Mutual Funds or Index funds.

Capital that you have available for 5years +, you can consider direct stock investments or use some form of stock trading strategy like the stocksmonthly system. Note, such a system should only be used for a small portion of your capital. (10% to 20%) depending on your tolerance for risk.

Whatever you do. Diversify. Do not put all your eggs in one basket.

2007-06-09 03:14:22 · answer #3 · answered by Anonymous · 0 0

That depends on your age, and what your future plans are. If you expect to need the money in the next year or so, then put it in a high yield saving account, like the ING Orange account.

If you plan to keep it for a couple of years, and you don't want any kind of risk to the capital, buy CDs - look at bankrate.com for good rates.

If you want to use this money for long term investment, dollar-cost-average it into an IRA (up to the annual limit) and then into an individual investment account with either Vanguard or Fidelity. Concentrate on no-load indexes, like the Vanguard Total Stock Market Index.

2007-06-08 11:24:28 · answer #4 · answered by Anonymous · 1 0

If you intend a long term investment, then long term newly issued utility bonds. Newly issued so there is no brokers fee taking part of the money. Long term so they pay regularly and you know when due. Utility bonds because they are reliable (usually) Several different issues.
The disadvantage of bonds is that if you need to get out of them, the money you get in the market goes DOWN as the interest RATE goes UP from the starting point. As an extreme example (maybe) if you got 8% interest on $10,000 now (paying $800 a year for all the time you held them), you would get all your money back at the end of the term, but if interest rates went up to 16%, you would only get $5,000 from them, because the buyers want to earn 16% on their investment which $800 would be on $5,000. [Of course, if interest rates went down to 4%, you could sell for $20,000]

2007-06-08 10:31:34 · answer #5 · answered by Mike1942f 7 · 0 1

There are investments and there are "investments"... Rule one, don't be greedy. forget hi-fliers with high rates of interests. Look to solid investments . Banks and financial institutions... but always remember Highest interest is not always the best in the long run.

2007-06-08 10:27:48 · answer #6 · answered by Ted 3 · 0 0

If you're 17-18 years old, the very best investment would be a college education.

2007-06-08 13:13:12 · answer #7 · answered by Anonymous · 0 0

Put it in a 6 month CD and then do a little research. When the six months is up you should have an idea what you want to do with it.

2007-06-08 10:27:27 · answer #8 · answered by smartypants909 7 · 4 0

ING Direct or HSBC interest bearing accounts give ~5%. The account is linked to your checking account so you can transfer money to your account if needed at any time, unlike CD's.

2007-06-08 10:35:41 · answer #9 · answered by Halo 5 · 0 0

invest in unit trust!
low risk high return
annual return around 10% to 18% per year!
invest in global property fund (REIT)!
property is going up soon
need more information
contact me at ercino9638@yahoo.com.sg

2007-06-10 02:52:02 · answer #10 · answered by ercino9638 1 · 0 0

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