2007-11-17 10:01:35 · 3 answers · asked by Lanie A 1 in Business & Finance ➔ Investing
Mutual funds are a much better idea than foreign currrencies. Check with a local financial advisor if you don't like the ideas you get here.
2007-11-17 10:18:47 · answer #1 · answered by hottotrot1_usa 7 · 0⤊ 1⤋
Hi, there will be people who tell you about safe investments you can make - CDs, bonds, mutual funds, etc. There are also more exotic investments you can make, such as in the area of currency exchange (forex). Forex is considered higher risk than the other vehicles I listed above, but as with many things, you need to research the provider. Here is a link to my own website where we offer a managed account system that has returned 40% for the last 2 years, with only 1 declining month in the last 3 years: http://www.verecomfx.com/managedaccounts.htm - I can answer any questions you guys have about these accounts.
2007-11-17 18:11:01 · answer #2 · answered by roy04 l 1 · 0⤊ 1⤋
You may want to checkout www.prosper.com.
They give you a good return on your money and you decide how much you want to invest, when and how.
Check with friend and family about a good local investment company in your area.
My prayers are with you..move slowly, pray first and get some great advice before proceeding.
2007-11-17 18:11:15 · answer #3 · answered by Dianne B 1 · 0⤊ 1⤋