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I recieved some money and want to invest into something that will make me rich.

2007-08-18 14:55:50 · 9 answers · asked by Nicole P 2 in Business & Finance Investing

9 answers

invest in what you know the best. at least, don't buy just because that stock is popular. try this stock picking strategy, it work for me, and maybe work for you too.
http://www.stock-investment-made-easy.com/good-stock-pick.html

2007-08-18 17:46:43 · answer #1 · answered by BigBen 5 · 0 0

The best investment to make is PAYING OFF ALL YOUR DEBT. You have no business investing at 5%, 8%, or even 15% if you're in credit card debt at over 20%.

The next best tip is to get a good stock broker / financial planner. If you try to do it on your own the chances of you failing miserably are much, much greater than with a professional.

2007-08-18 23:57:40 · answer #2 · answered by Keep On Trucking 4 · 0 0

Nicole,

You absolutely do NOT want to get stock tips. What you want is stock knowledge. Here is a great Yahoo user group that educates: http://tinyurl.com/2jo2sn

Put your money decisions in someone else's hands and it's likely that your money will end up in someone else's hands as well. Also, there is no safe and quick way to get rich except to get very lucky. But, there are ways to grow your wealth steadily at relatively low risk. Join the site. Learn first. Invest later.

2007-08-19 02:46:00 · answer #3 · answered by Tom R 3 · 0 0

Hi Nicole
Before I can help you, you need to answer a couple of questions for me?

What is the timeframe that you have?
How much money do you have to invest?
Do you want a monthly income from the money?

I specalise in teaching investors how to make a monthly cash income from the stock market, by using low risk strategies.

You can pm me if you would like to know how I can help you

2007-08-18 22:52:21 · answer #4 · answered by Anonymous · 0 0

Great question. And you're going to the right source;
Total strangers whose qualifications and motives can't be known by you.

Good luck with that!

Learn investing (read... read... read...), never take "tips", never invest in anything you don't understand.

Learn "asset allocation", the number one predictor of successful investing.

The three major reasons investors lose money in the market are;
1. Fear
2. Greed
3. Indecision

I would suggest that you're working on reason #2 ("...invest into something that will make me rich").

Investing is not gambling.... except when you take tips and invest with hunches.

Consider yourself warned.

2007-08-19 00:31:04 · answer #5 · answered by Common Sense 7 · 0 1

I doubt it will make you rich, but I noticed Coca-Cola (KO) barely lost any ground during the recent decline - the stock hovered around $52-54/share while the DOW plunged from 14,000 to 12,500. Seems like they have staying power...

2007-08-18 22:49:35 · answer #6 · answered by Who Else? 7 · 0 0

Try this site. Their stock pick are always spot on. I have make quite a lot of money just by following their stock recommendation.

http://hubpages.com/hub/Doubling_Stocks_An_Easy_Way_to_Make_Money

2007-08-19 02:36:47 · answer #7 · answered by Anonymous · 0 0

1.Buy low sell high.
2.Buy into companies that cant fail, ie wal-mart, google, apple, ge

2007-08-18 22:51:26 · answer #8 · answered by God's favorite 6 · 0 0

AMCC is looking for a buyer.

2007-08-18 22:58:29 · answer #9 · answered by Anonymous · 0 0

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