which of these ideas is the best to invest my money?

Question

-stocks
-study culinary for future business
-open a hardware store
-mutual funds
-gamble it on casino

Answer 1

This question is like asking whether you should buy a car, a truck, or a motorcycle--it all depends on your circumstances.

You can eliminate the casino because that's not investing. You are too inexperienced to invest in stocks if you're asking this kind of question.

If you don't have a meaningful career then that should be your focus, unless you're independently wealthy, so that would lead to studying "culinary".

Opening a hardware store takes a lot of capital, and you have to find a place where you can avoid Lowe's/Home Depot or compete with it. Since they've destroyed thousands of hardware stores you'd have to be extremely savvy to survive in this environment.

The only "sensible" investments on the list are mutual funds and studying--the rest are very risky. I would tend to agree with other answers that you should invest in yourself first, but it depends on circumstances and how committed you are to "culinary".

Answer 2

I love investing in stocks, but the best investment is one that you make in yourself. Culinary is a bad idea - you won't ever make much money. I like the idea of opening a hardware store, as long as there is no "Home Depot" or "Lowe's" around. Also, you could open a store today, and Home Depot could show up tomorrow - unless you are in a very small town, rural area.

If you decide on stocks, an easy, risk-free, way to start learning about the market, is to create a "practice" portfolio at http://www.top10traders.com - it's free - each month the site ranks the best performing investors.

Good luck.

Answer 3

Invest in Equity Mutual Funds in Asian Countries like India, China, Taiwan, Indonesia.. These countries are among the fastest growing economies in the world.
You should also invest in Mid Cap and Small Cap Stocks in select sectors like Telecom, Power, Pharma etc.

Both this investment should be for long term. Only then you will earn. Good Luck.

Answer 4

study culinary for future business

Answer 5

Invest in yourself that is the best investment, meaning educate oneself. That is something that can't be taken away from you and depending on what you learn and apply to a good business or job will be rewarding.

Answer 6

Put your money in funds that index the stock markets in China, U.S., and Europe. After 30-40 years retire with more money than you ever thought possible. $1,000-$2,000 per year per fund will do nicely.
Good Luck!

Answer 7

i would go with studying the culinary.