please be spicific; for example if you suggest stocks market suggest the name of the stock or compnay
General answers and ideas without mentioning details are not really useful
2007-07-28 13:50:43 · 7 answers · asked by Anonymous in Business & Finance ➔ Investing
1. Open an on-line account with Scottrade or similar trading co.
2. Depending on your goals. Whether you plan on using the money for a major purchase later; college etc will depend on your investment vehicle. Stocks vs. Mutual Funds (MF) also your risk tolerance. Choose a MF that has a 5 year or better track record of 15% return on your money and < or =1% mgt fees (no-load).
A good wrapper is a Roth IRA (definetly a long term investment). Your investment money will grow and when you retire you will not be taxed on the increased value.
The younger you are when you start this the better off you will be due to the compound interest.
MF's I like RYVPX & PSPFX. You'll have to check minimum investments requirements.
For a stock I like EMC at $18. They own a company about to IPO, should continue to drive their stock up. They IPO will go up fast and will be hard for a small investor to get in. However the parent should get a little spike out of it.
To your success!
2007-07-28 14:50:31 · answer #1 · answered by drwatson001 1 · 1⤊ 0⤋
REIT's like UHT, SNH and HCP pay dividends of around 6 or 7 percent. The share prices are down, right now, which is a buying opportunity that makes the percentage even higher. Also...If you're patient, the share price for these very good companies will probably go up and you can take a profit.
2007-07-28 21:43:13 · answer #2 · answered by Bob Little 4 · 1⤊ 0⤋
Check out some of these. Each has good prospect for future earnings.
ATRM (equipment that tests integrated circuits) great earnings growth and excellent margin
BOFI (Bank of Internet) nice net profit margin, fair earnings per share growth
CYBI (Cybex, exercise equipment) stupendous return on equity
NXTY (Nexity Financial) good profit margin and EPS growth
Sort of a mix and match thing, go with what is comfortable.
2007-07-28 22:46:24 · answer #3 · answered by Rabbit 7 · 1⤊ 0⤋
Put a $1,000 deposit down on real estate in some foreclosure area. Foreclosures are on the rise!
You must have around 720 Fico scores, then get 100% financing. (must have source of income)
If not get together with another investor.
Get another improvement loan, then flip the property. Don't be greedy. You'll be doing just as good in doubling your $1,000. But I am assuming you will make more.
Find a "good buddy up with Realtor" in your area. He will tell you how.
2007-07-28 20:59:51 · answer #4 · answered by Anonymous · 1⤊ 1⤋
You need to study different stocks and make your own decisions.
Go to: bestrate.com
select a high paying certificate of deposit.
2007-07-28 21:14:57 · answer #5 · answered by yahweh550 4 · 0⤊ 1⤋
Open a brokerage account at SogoInvest and buy the ETF IOO.
2007-07-29 16:45:51 · answer #6 · answered by Anonymous · 0⤊ 2⤋
Buy a Certificate of Deposit. z
2007-07-28 20:53:59 · answer #7 · answered by Anonymous · 0⤊ 2⤋