What or How would you invest 1000 dollars?

Question

IRA? Stocks? Bonds?
Where's the best place to put it?

Answer 1

i would put it in a safe cd.

Answer 2

invest it - generally the accepted formula is 60% stocks and 40% bonds -

a well managed investment yield will dwarf that of a IRA/401K

go see an investment company - or a brokerage firm - what's more important than having that $1000 is trying to find some money to put away each month - even if it's as little as $20 a week - in the long run it adds up

Answer 3

You should invest in a tax lien certificate. It has a higher rate of return, it provides income and possible acquistion of property. You're guarantedd to get the rate of return no matter what happens to stocks, bonds, funds or any other paper asset. Furrthermore, it offers more tax effiency and isn't subject to fees, commmisions and inflation.

Answer 4

For that small of an amount, I would just put it in a savings account that offered the highest interest, something like ING Direct. They usually offer between (4-6%).

Answer 5

Put it into a mutual fund, maybe something in Technology? and add $50/mo to it. 20-30 yrs from now it'll be a neat little nest for you.

Answer 6

Put in a bank and wait for the interest

Answer 7

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Answer 8

I'd put it in a dividend stock.

Answer 9

Don't put it in bonds.... you have to pay taxes on those.... ha.

Answer 10

i would put it in my nuclear power plant facility...