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What to invest in or buy to make quick money from your saving?
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8 Responses to What to invest in or buy to make quick money from your saving?
You should realize that saving and investing are 2 different things. The way to save for the future, more than 5 years or for retirement is through non-load mutual funds or ETF's. Retirement savings should be in a IRA, preferably a Roth IRA. People used to buy real estate and hold it for 5 years or so and then sell it for a profit, but since the market is bad and the price of homes are falling these people are losing a lot of $$$$$. So there are no
"fast" or easy ways to make money. Be careful and never invest in anything you don't understand!
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A CD is a great way to save securely. If you are willing to invest with risk, do the penny stocks.
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That question can only be answered by a professional licensed financial adviser, and even they are not always right.
So be very careful with your money.
Please read: REMINISCENES OF A STOCK OPERATOR by Edwin Leferve
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The right thing which you have to do is buy a piece of land and sale it when you get good amount.
Business other than this is little risky.
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Open an ETrade savings account. It pays 5.05% interest. $1,000 invested in this account for one year will earn about $51.69. Plus, you won't be up at night worrying about a risky investment.
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How about 16% annually?
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try http://goldenbullstocks.com and do your research
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Hi there just send me a mail to jaques606@yahoo.com, with "Make quick money", in the subject line, and i'll send you some info regarding this matter.
I think it might help you in your decision.
Will reply asap.
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