I have $2,000 to invest. What should I do?

Question

I'm not worried about losing the money, and would consider high risk investments. This is more of an investment adventure for me.

Answer 1

Pick a mornginstar rated 4 or 5 star mutual fund that is reasoanbly safe. I like funds from Vanguard

http://www.vanguard.com/VGApp/hnw/CorporatePortal

When you do not have much money, you may not want to take too much risk.

Good luck.

Answer 2

First, decide your timeframe - how soon will you need the money? If you think 'soon', go for a 90 or 180 day CD. Check around for the best rates.

Second, decide how much risk you can take. If you won't miss the money if you lose some or all of it, you can speculate in the Stock Market with aggressive stocks or (no load) Mutual Funds. Go to www.morningstar.com and use Mutual Fund Screener to select an aggressive fund.

If you can't take much risk, consider the CD agian, or a conservative mutual fund, or a bond fund.

After you invest, don't watch the results daily. Don't sell if the investment drops - all investments can lose some value. In the long run it nearly always comes back if you invested in something sound.

Be logical, not emotional.

I was told 'Buy Low, Sell High', and "You don't lose any money until you sell". Both pieces of advice have made me a lot of money.

Good luck

Answer 3

I recommend that you don't buy any high risk stocks. They all have risk. Large company blue chips may be the most secure now because they have tons of cash and the weak dollar is making foreign business very good for big companies.
I don't touch small companies because I have not had good luck with them. I have made more off high risk mutual funds than small companies. People will tell you different, but I know several folks who have lost A LOT on small companies. If you are gambler, go for it I say.

Answer 4

Some good choices would be some pricey places like BIDU or ISRG or AAPL. The prices are pretty steep, but they have excellent prospects and make a bunch of bucks (so for a price you can get a tiny piece of their pie).

I was just doing a search late last week and I'll share some ideas that may make some technical sense (I trust you know what technical vs. fundamental trading is). Look these over and see if something floats your boat: CLVT, GNA, UBS, PSPT, CPA, PNCL, WATG, PRXI, PMI, ACLI, USBE, and SDTH. They all have features of price appreciation over some relative time. The questions are, will they continue to appreciate in price, and why, and are you interested in putting your money into what they are doing?

Good luck.

Answer 5

Better invest in BUSINESS if you want to earn money.You will get minimum 20-25% annual interest. You will not get such high returns on bonds, money markets, mutual funds or CD's. $5,000-->$6,000 in 1 year

I run my own business. I have profit margin of 8% a month. My business is very profitable and I'd like to expand it.

You may email me (through my profile) for more information if you really want to earn money.

Answer 6

I have invested in my friend's business and now I am getting guaranteed 40% annual interest.
Forget about CD's, bonds, stocks, mutual funds, property in USA, etc.... Better invest in someones business. You will get the HIGHEST RETURNS @ low risk.

Need advice? Email me (through my profile).
I wish you success!

Answer 7

If you need it in a couple of years, invest it in a CD or leave it in savings. If you don't need it for five years, invest it in an index fund.

Answer 8

EBAY . . .. pick up video games. A Nintendo Wii, if you could still find one in stores goes for 250.... on ebay they sell for at least 400. Marvel vs. Capcom 2 for the Playstation 2 was originally 20 dollars in s tores and goes for 200 on ebay. Look into the little things and you can make yourself a good buck.

Answer 9

focus on the first things you want to accomplish in 6 months--such as pay of a credit card, pay personal debt (money from friends), make car repairs, education, etc.

Answer 10

It would be helpful if we knew a little bit about you and what it is you are trying to accomplish. A meaningful answer could be given if we knew things about you like your age and investment timeframe. Please read my profile and then talk to me.