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I have a thousand dollars what is the best investment possiable I could get in to?? |
I have a thousand dollars what is the best investment possiable I could get in to?? A nice suit? invest in your education that is the best Return On Investment ROI u can get. buy some tax sale certificates. I would invest in a CD from E-Trade Bank (http://bank.etrade.com). In the meantime, until that matures, I would goto the library and rent one financial book a week. Read it thoroughly. When the CD matures, if you find something savvier to do with it, move the money to that product. If not, let the CD mature. Watch CNBC and Fox Business Channel when you can. put it all on red Usually Ill tell you to invest in education, but the first poster already said that, so Ill give you a stock. Actually, how about a twofer? I would get a safe deposit box at your bank and put as much gold in it as you can get. I believe that gold is the best investment for long term holding. It will beat most investments over the long haul except for maybe real estate. My 2 cents. Well, if you're interested in stocks, I prefer metals and mining stocks, for the most part. Here's a few you could look into: It depends on how long you're willing to wait for it. If for short term and safety, an online high yield savings account or money market is the way to go. If you're willing to wait a bit longer and have more risk, then the stock market will be the place to go. I would put into a Roth IRA account and start my retirement. Good luck. |
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