My family and I are doing well. The college funds are all set for the boys, we have ZERO debt outside of the mortgage. Our home is a duplex and the tenant is paying the complete mortgage every month, and then some. I made a great investment choice for that piece of property.
So my husband asked me how I would invest the money. He is good with money when it comes to real estate, but I relish real estate, stocks and futures. We are wanting to invest the money for at least ten years. I do not dare play the volatile short term market at this time.
Thank you for your time and advice.
2007-08-02 19:11:03 · 11 answers · asked by yankee_cotton 1 in Business & Finance ➔ Investing
Man, the scam artists are out in droves to answer your question. Freakin' vultures!
Unfortunately, my opinion on what you should invest in might be different from yours. The tendency is to project my own situation on you and say, "this is how you should invest." Unfortunately, this does not bode well for either of us.
You will need to get a basic education on stocks, bonds, and mutual funds before you venture your money into them. Any of the following sources will help:
- Mutual Funds for Dummies, by Eric Tyson
- My free downloadable book at http://www.invest-for-retirement.com
- The Boglehead's Guide to Investing
Look to the following companies if you are contemplating low-cost mutual funds:
- http://www.vanguard.com
- http://www.fidelity.com
You may want to consider the possibility of a fund-of-funds, which is a mutual fund that invests in other underlying funds. You get full diversification with just one fund, making your investing very simple.
2007-08-03 06:13:59 · answer #1 · answered by derobake 4 · 0⤊ 0⤋
well you know the best place to put your money when wanting to invest is rel estate but since you relish that i recomend you let a banker invest it money can grow especialy within ten years good luck!
2007-08-02 19:16:47 · answer #2 · answered by brlntbrunette78 1 · 0⤊ 0⤋
Invest $4,000 into 5 different companies with good growth prospects. Tech, Aerospace/Defense and Agriculture are the current hot markets right now.
2007-08-02 19:22:42 · answer #3 · answered by knaughty_kniight 3 · 1⤊ 1⤋
in the adventure that your uncle has earned tens of millions by using his employer, then he's the suitable mentor for you because of the fact he's accomplishing the outcomes you prefer. What you're searching for is a "employer", no longer a "activity". in case you actual need to realize $40K a month, then what you will could desire to do is be certain what style of a employer you could initiate up up which you may properly be enthusiastic approximately, incredibly in case you prefer to be self sufficient. Your uncle will in all risk know your desire to start up a extreme employer and could maximum in all risk welcome your request for his imput. He may even grant the capital which you could start (as a private loan). That reported, you sound such as you have a good want, yet you come throughout the time of as very needy alongside with your language once you're saying "plzzzzz..." exchange your language to sound like the style of self sufficient employer individual you prefer to be. you will command extra know for this reason. in case you're drawing near your uncle for suggestion or for a employer own loan, come to the table with a suitable employer plan as to the way you attend to realize your earnings objective, and what expenditures/earnings you forsee for the subsequent 3 hundred and sixty 5 days. I do have a employer which will assist you gain this earnings objective in case you're trainable, extreme, mature, persistent and prepared to paintings. View my profile for extra counsel.
2016-12-11 08:51:40 · answer #4 · answered by ? 4 · 0⤊ 0⤋
You could invest it in SpencerC's future. It would go a long way toward paying off the student loans he amassed while in school getting his degree in Electrical Engineering.
2007-08-02 19:19:51 · answer #5 · answered by Spencer C 3 · 0⤊ 2⤋
I suggest you to open a brokerage account at Zecco and buy the ETF IOO (I am a Portfolio Manager)
2007-08-03 12:26:19 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Two stocks: BRKR and/or CHINA
These two stock symbols are cheap and within the next 3months will each go up at least $5 a piece. Easy way to turn that $20,000 into $30,000.00
2007-08-02 19:18:28 · answer #7 · answered by Anonymous · 0⤊ 3⤋
You could invest in prosper. It is a people to people lending place. You get a good interest rate return, and you would be helping others out. The link is under my avatar if you would like to click on it.
2007-08-02 19:36:43 · answer #8 · answered by Ed &Tiff 1 · 0⤊ 4⤋
Property. Not a timeshare, but prettymuch anything else
2007-08-02 19:15:54 · answer #9 · answered by Anonymous · 1⤊ 0⤋
In lots and lots of chocolate.
Yeah.
Make sure you have a big refrigerator.
And hopefully chocolate will get better in price or something.
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2007-08-02 19:16:27 · answer #10 · answered by liongirrl13 3 · 0⤊ 2⤋