The Commerce Journal,Business and Local Businesses
*The Commerce Journal>>>Investing

Is 20,000 euro a lot of money?


If i said i had twenty thousand euro would you consider me to be well off. What could i invest this in?

No. 20,000 Euro is not a lot of money.

There are many things to invest in.

It sounds like you have not invested in the past. Don't go for stocks. FOREX trading also is like a lottery for beginners. Don't start this gambling if you know nothing about stocks and FOREX trading.

Since the stock market is not going so well, overseas investments would be the best choice.
Starting a small business would be the way to go if you have time.

Alternatively try to invest in someones business. You may receive up to 20% guaranteed interest a year. You will not get such high returns on stocks, mutual funds, bonds or CD's.
If you invest 20,000 Euro at 20% annual interest rate, you will get back 49,766.40 Euro in 5 years. I run my own business and my net profit is over 5% a month.

Do not invest in HYIPS!
Beware of Nigerian spammers and scammers (419 fraud).
Best of luck!

yep. can do allot in any other markets anywhere else in the world

20,000 Euro = 28,802.8 US Dollar

No this is not well off. It is enough to invest though.

Yes

In the scheme of things it's not that much money, but it is enough to get a good portfolio started.

Its the price of a medium range car.

Tags
  Small Business   Renting & Real Estate   Personal Finance   Investing   Insurance   Credit   Corporations
Related information
  • Has anyone successfully used Gorilla Trades stock picking service?

    I have not used them personally, but there are some people I know that have used them successfully in the past, as well as some that think it's just clever advertising and have chosen not to i...

  • J&K Bank Depository Services?

    I have no idea what this is. I would never put money in an institution unless it was FDIC, FSLIC, NAFCU insured.

    ...
  • What is a good stock to buy and is cheap?

    I have seen a very good and usefull dicussion forum on stock market- www.onlimoney.com where you can disuss stock market and commodities.

    ...
  • Borders Group vs. Barnes & Noble?

    Barnes and Noble may have performed better, but the stock appears fairly over-valued compared to its EPS projections and growth rate estimates: ...

  • How do you save money? How do people become rich?

    Determination and a plan. It doesn't matter how little you start with. Read as much as you can on Investing (Mutual Funds, Stocks, etc.). That's the whole thing in a nut shell. If y...

  • Averaging in with sharebuilder?

    Sharebuilder was acquired by ING Direct. You'll find answers to your questions here: ...

  • Is it right time to buy Infosys shares, prices of which have dipped to Rs.1630?

    Buy Infosys at current levels only if you are a long term investor. At the mement with the Rupee hitting all time high, IT stocks are under performing. They have failed to capitalize on the Bull Ru...

  • Investing for beginners?

    Hi Chuck, Depending on your age and how much you can invest over time is an important factor. Consider mutual funds; there are funds with very low fees -- this way you will have professional mana...

  •  

    Commerce Categories--Copyright/IP Policy--Contact Webmaster