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

Investment opinion.?


I own a house. I have roughly 60000 in the bank. I was thinking maybe buying a duplex and renting it out. But that's a bit risky because i have a lot of things going on in my life. I was also thinking a CD even though the INT is only 3%. What would be the best way to go? Any other idea will truly help. Thank you.

The question I would ask is what do I want from my money? Do you want a little income, Can you lose all of it in a speculation investment. Just think about what you want and once you know the answer, you will be able to answer your own question!!

The very best suggetsiion I can ioffer:
You should educate yourself or pay someone to educate you about buying, selling and renting real estate investments and investing, in general.

EDIT: You could also join a real estate investment group - AND BE ACTIVE!

Make an appointment with an independent Certified Financial Planner or C.P.A. I discovered banks have a habit of helping their depositors to invest in those securities and investments which benefit both the bank and the depositors.

Thanks for asking your Q! I enjoyed answering it!

VTY,
Ron Berue
Yes, that is my real last name!

Tags
  Small Business   Renting & Real Estate   Personal Finance   Investing   Insurance   Credit   Corporations
Related information
  • Options: How are they financially backed?

    First, you need to understand that options are a "zero-sum" system. For each dollar one person makes on an option another person loses one dollar. This is true because for every long posi...

  • If the multiplier is 2.5, the MPC is?

    1. b 2.5=1/1-.6 2. C 3.b

    ...
  • How can i find my shares in india?

    no idea dude(or should i say raju)(ok,that was lame my bad)

    ...
  • Trading any starter for chikortia and or cyndaquil?

    take a look , Good luck Links Home Page: ...

  • How does one trade the volume on stocks? Commodities of some sort?

    Finance.google.com is a great place to check stock charts. Stocks that have a clean 1 year trend of going up, probably aren't going to change from that. I like these kinds of stocks. MOS, u...

  • Are there SEC rules to trading Commodities that mirror stock trading regulations?

    Commodities are regulated by the Commodities Futures Trading Commission, as opposed to the SEC. Their site is linked below.

    ...
  • Im 16 and want to make money from stocks?

    You CAN learn all about trading stocks, options, commodities, currency, bonds, investments and investing, in general, and trading. Using a virtual trading platform, you should be able to try di...

  • What are the usual pros and cons of a stock split?

    Good question. Many investors own stocks that split and don't really understand what this means. So, on their behalf as well, I thank you for asking. A stock split won't change your st...

  •  

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