Planning for my son college education who is 5 now :)
2007-08-23 10:59:26 · 9 answers · asked by Lawangeen 1 in Business & Finance ➔ Investing
Hi, i recommand you a good and basic tutorial for investing. it covers all Issues related to your Investing and everything around it.
http://www.tutorialforyou.net/investing/
wish it will help you.
2007-08-23 16:35:19 · answer #1 · answered by Anonymous · 0⤊ 0⤋
What I suggest is ADF, the managed dollar income fund. Invest primarily in fixed income and paysa 7.8% dividend monthly.
Reinvest those dividends.
By year 10 your looking an cumulative holding of 21,192. That means the price of the fund doenst fluctuate much and the yeild stays stable. And you reinvest the dividend monthly. You can also add to it or sell the fund anytime you want. It's closed ended so you pay no fees. Below is the lates inventory on yahoo finiance. It's worked for me so far.
Hope this helps, good hunting.
2007-08-23 18:48:38 · answer #2 · answered by Modern Urban Samurai 2 · 0⤊ 0⤋
I know of an investment that can give a 100% return on your investment in less than 10 months. For example.. if you invest $15,000 - you will get up to $30,000 10 months later. For information, email mikeerv@yahoo.com
2007-08-24 23:37:17 · answer #3 · answered by Anonymous · 0⤊ 0⤋
For ten years? Go safe I'd say. Mutual funds @ 15% or CD @ 5%. Obviously they differ dramatically after 10 years, but one is stable one is risky.
However, you can also diversify.
If I were you, I'd put most my money in silver. Or since the foreclosure market is coming, buy a cheap house.
2007-08-23 11:08:10 · answer #4 · answered by Smartass 4 · 0⤊ 0⤋
Depends on your level of risk tolerance. Historically, your best bet is still in equities (versus other asset classes, such as real estate, bonds, etc). I would suggest opening an account under a 529 plan for tax preference. Search for it in yahoo and you can see where/how you can open one up.
Although real estate has been a popular choice recently, I'd stay away from it as an investment unless you plan on adding sweat equity (remodel it yourself) and/or unless you get value out of it by living in it.
2007-08-23 11:23:26 · answer #5 · answered by David 2 · 1⤊ 0⤋
If you do not know anything about investing, find a good mutual fund. If you'd like to educate yourself in regard to the stock market, read my blog. - My blog is dedicated to beginners who would like to learn more.
2007-08-23 13:53:05 · answer #6 · answered by The Red One 1 · 0⤊ 0⤋
glyt has done well over the last ten yrs or so. Avg. 10% or better per year. Ask your broker about it. good luck.
2007-08-23 11:23:58 · answer #7 · answered by Fordman 7 · 0⤊ 0⤋
Any good company share
2007-08-23 14:33:35 · answer #8 · answered by Anonymous · 0⤊ 0⤋
some large company stocks.
2007-08-23 11:06:29 · answer #9 · answered by Anonymous · 0⤊ 0⤋