Any investment ideas?

Question

Experienced answers only, please. I would like to move money out of my mm account and move on to a more 'serious' way to invest. I didn't think much about my account until about 2 days ago when the feds lowered the rates....I've had my mm account for over 2 years (12k) but I would like some quick financial advice. Also, what do you think about foreign investments (non-dollar) Any suggestions? Thanks!

I work for a non-for-profit so you can imagine what type of investment options we have. I choose (im forced) to save on my own for now. My job isn't much help when it comes to this so Im doing it alone.

Answer 1

Do you have access to a 401K? If you do immediately get into that program -this is a real good way to see how different markets work (stocks, bonds, cash ) also most of these accounts the companies match some of your money with their money---hard to beat that.
If you don't have access to a 401K save new money until you get $2,000 and put it into a Roth IRA account. Then do that each year until you learn more about investing.
Keep that MM money in that MM for now -the interest rate is just too good at this time if you are inexperienced in investing. But you are right those interest rates will be coming down as the fed drops their interest rates downward like this week. But you have many months before the MM rates really get hit.

Answer 2

No offense, but never take investment advice from a bunch of yahoos on Yahoo. It's your money so now's a good time to learn what you can about different investments, their risks, their returns, and what's appropriate for you. There's a ton of good sites out there that will provide you with all the info you'll ever need. Bottom line, you should NEVER invest in something you don't understand. If MMs are all you're familiar with, then keep your money there until you learn more.

Sorry, I know that's not the answer you wanted.

Answer 3

Asking strangers whose qualifications and motives cannot be known by you is not the way to find out about investing.

Once you read a couple of basic books on investing you'll understand terms like "Asset Allocation", "Diversification", ETF's, Mutual Funds etc.

Don't be in a "rush" to invest. It'll kill your chances of being successful.

Consider yourself warned.

Answer 4

My experience was with little money and investing in land with a house on it I was able to live free while waiting for the land value to increase. I got lucky .

Answer 5

i certainly prefer to concentration on tax useful and/or risk-free investments. Tax lien certificates are incredibly risk-free investments that pay 12-30% and are sponsored via state governments. i like funds fee assurance as properly. you have a great style of investment suggestions interior assurance so the returns selection. the reason i like them is which you will certainly have get entry to to the money tax unfastened via loans once you like it. the situation with maximum investments is that as quickly as you may desire to get entry to them, you may desire to funds them in. Now you may desire to eat value. one million) maximum could have capital effective factors taxes on your income. 2) the possibility value of cashing in a extreme appearing asset when you consider which you like the money. The hyperlinks under grant coaching on the two suggestions i discussed.

Answer 6

Take half (6000) and invest in anything OIL..Halliburton, ExxonMobil, ConocoPhillips, or Chevron Corporation..Also look at foriegn oil companies...

Answer 7

Rua Costa Ribeiro, 65
52280-518 Recife (PE)
Brazil

September 20, 2007

Dear Angel Investors's:

My neme is Alexandre Evangelista da Silva,
Northeast Brazilian, 25 years, Post-Graduating in History. I need venture capital of some angel investor to development of the website sugarcanebrazil.com about Ethanol & Biofuels directly by North Brazil, sugarcane zone, Pernambuco.
My father is illness Parkinson's, agonize, immobilized, this is my only opportunit for your treatment!
The Mr. will have right in setting of announcement in the first website bio-fuels of the North Brazilian, www.sugarcanebrazil.com, with news, contact of Americans to Brazilian agricultural producers, photos of refineries and cooperatives, blog, right-hander of Pernambuco, with links in English, a name simple to remember, write, relative mark the Biofuels Brazilian.
Mr. and I can write optimum content of the Internet about Biofuels-Brazil!
Sponsoring the website US$ 300.00 until US$ 500.00 monthly, to keep brought up to date, to defray translation, reproduction of destined content to www.sugarcanebrazil.com.
We can write optimum content of the Internet about Biofuels-Brazil!
The return to America will be immense, with information about bio-fuels: Mr. can send US$ 300 until 500 for the Western Union that will send to Banco do Brasil (Bank of Brazil), place bank, for payment to order (cash desk), this money you will leave the United States to Brazil. The Bank of Brazil (Banco do Brasil) is everything for the Western Union, it does not pass by currency exchange or post offices.
I will send the data only to interested angel in this investment!
Small cost of deposit/payment to order (cash desk) / send = US$ 1.00 (one Dollar) to per each US$ 100.00; US$ 3.00 per each US$ 300.00; US$ 5.00 per each US$ 500.00.
How it was of holliday/vacation of the University, I acess the central office of these bank agencies, post offices, etc. Bio-fuels needs direct communication where consumers are produced for the areas, Brazil you the United States.

Alexandre Evangelista da Silva

Alexandre Evangelista da Silva - Post-Graduating History, researcher biofuels of Brazil

Answer 8

ok i won't go into a long explanation but if you want safe and good growth and you don't want a diversafied portfolio then go with exxon mobile. it's done me very well these last few years.