I want to invest 2,000.00 for 4 months or 5. Is there anything that I can invest in and that I can see a profit from in 4 to 5 months? CD, High Interests Rate Savings....?
2007-09-12 18:52:31 · 4 answers · asked by needpryer 1 in Business & Finance ➔ Investing
short term Fixed Deposit, 90 days.
2007-09-12 22:10:09 · answer #1 · answered by JaiKUBER 4 · 0⤊ 0⤋
1. Do some careful research first.
2. Read Security Analysis by Benjamin Graham.
3. Penny stocks have explosive upside potential but are extremely risky. The smart companies are beginning to comply with pink sheet listing requirements. Seek those first.
4. CDs are OK, but they are boring and offer low interest.
5. If you like risks and high reward, study the stock market.
6. Again, just put that money in something safe like a CD, but do plan to take some it out after you learn the value of stock market investing and take the plunge.
7. Check into a company called Skins Footwear and another called Tradestar. Both are penny stocks. Sirius Satellite Radio is about to pop, too. Sirius is not a penny play.
8. Super diligence is necessary in dealing with penny stocks.
9. DO NOT INVEST WHAT YOU CANNOT AFFORD TO LOSE!
Good luck.
Make a billion.
Don't hold too tight.
Find someone to help--secretly even.
God bless.
2007-09-13 02:39:07 · answer #2 · answered by Starte Christ 4 · 0⤊ 0⤋
I invest my money into ETRADE. I have two different accounts. One is a Roth IRA, and the other is a cash account. Obviously, the ROTH is for my retirement, or part of my retirement, but the cash account, I can put money into and take out whenever I please.
So far, I've been dabbing in Mutual Funds and I own two stocks. Their website is pretty darn good if you want to do research on investing.
September is pegged to be a downer for the Markets they say...
But if you play the markets, be ready to ride the roller coaster of gains and loses. If you want zero risk, then Money Market Account, or a CD is your best and really only bet. Capital One has a MMA that is 5% or something really close...You can do a internet search for a banks that offer the highest return on CD's. I think the best you're goona get is around 5.75%...
2007-09-13 05:10:03 · answer #3 · answered by Chris T 1 · 0⤊ 0⤋
stock market
2007-09-13 01:57:48 · answer #4 · answered by dogpatch USA 7 · 0⤊ 0⤋