looking to invest for quick returns help me please
2007-11-08 11:48:37 · 7 answers · asked by clinton f 1 in Business & Finance ➔ Investing
quick returns? you make it sound like trading and investing are easy. not even a weekend with the best trader will take you from knowing nothing to pro. What do you expect us to do, your 10 step guide to making a million in two days, exclusively on yahoo answers. wow, an amatuer that doesnt even know how much to start investing (depends on the broker to answer your question) thinks that returns are easy, let alone big, and large returns. gimme a break. that is an insult to those that have mastered this art form and have dedicated their life to it. and no person will help you get quick returns, only quick losses if you listen to others, only gains if you listen to yourself (assuming that you know what the hell you are doing). If quick returns were easy, and any average joe could help you make them, this wouldnt be a profession.
2007-11-08 15:19:43 · answer #1 · answered by Mike 2 · 0⤊ 1⤋
Forget it. Instant fortunes are rare. The best way to get wealth is not by making one big score on one or a handful of stocks but by investing small amounts of money at REGULAR INTERVALS over long periods of time in growth mutual funds.
The key is regular intervals. That way you don't miss out. You will pay more and buy less of a fund when the price is up and pay less and buy more of a fund when the price is down, but you will always be buying. If you try to time it, you lose more often than not. It's been said that if you aren't in the market on the ten best days of the year, you could lose most of the gain for the entire year. Be in it for the long term and you'll make a lot of money.
2007-11-08 11:55:24 · answer #2 · answered by curtisports2 7 · 0⤊ 1⤋
Under normal circumstances, you should not seriously consider investing unless you had satisfied at least one of the three following conditions:
* You have six months income worth in savings.
* Your current assets equal to your current liabilities.
* You have just acquired a sudden windfall or inheritance, which should be thought as capital and not as current income.
2007-11-08 15:02:55 · answer #3 · answered by BigBen 5 · 0⤊ 0⤋
No quick returns in investing,,,only quick losses.
2007-11-08 12:11:47 · answer #4 · answered by john p 3 · 0⤊ 1⤋
Your best investment will be about $19 for the book "The Total Money Makeover" by Dave Ramsey.
2007-11-08 12:58:44 · answer #5 · answered by Keep On Trucking 4 · 0⤊ 2⤋
it depends on what you are investing on what ...
if in stock it depends on the country ...
in Indonesia to invest stock you need 2000 USD to start buy or sell stock ...
http://www.gunungpring.com/wordpress/investing-stock/
but if you invest in internet .. by making website ... it's cost only 50 USD a year ... but it's a long term investing ....
http://www.gunungpring.com/wordpress/internet-make-money/
2007-11-08 13:10:27 · answer #6 · answered by gunungpring 3 · 0⤊ 0⤋
don't the market is in a free fall sell off
2007-11-09 06:45:46 · answer #7 · answered by Anonymous · 0⤊ 0⤋