prk14517 asked: I have been given $100,00.00, I want to use it to make more money by investing in a cd or something like that. I will go 6 months or if I must 9 months. Do you have any ideas, or a good bank that will help?
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April 13th, 2009 at 2:49 pm
Poor old granny will take it off your hands. Give me my money!!! I want my money!!! Darn!!! You cannot be bullied.
April 15th, 2009 at 10:54 am
I would contact a financial planner that deals in multiple kinds of investments. You should never put all your money into one kind of investment and some of your investments should be rated differently (risk vs conservative). Explain to the financial agent exactly what you want from your money on a short and long term basis so they can recommend what will be best for you. I would suggest Merryl Lynch or Charles Schwab for newbies.
April 16th, 2009 at 3:50 am
Try money market accounts.They have the best money return on them.You can put them in at 6,9or even 12 months.You should make a nice amount woth taht amount. Good Luck!
April 19th, 2009 at 2:02 am
Hey, wanna invest? Try $500 e-gold (minimum $5)
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If you like my service, you can invest more. My HYIP is not pyramid scheme and is different from others. Feel free to contact me on (customer support email)
I’m just starting. Your principal will be return after 365 days. You can make multiple deposit, but it’ll be handle separately.
Profits will be pay out weekly, maybe change to monthly pay out later.
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April 20th, 2009 at 6:41 pm
If you want to make money quickly you could pick some high yielding stocks but they could decrease in price. Stocks, overtime, are one of the best investment purchases you can make. You should seek the assistance of a certified financial planner who will prepare for you a diversified portfolio. If you need this money within a period of 6 to 9 months I would recommend either a money market account (FDIC insured) or a money market fund (not insured). You will be looking at a total of 5% return per year on your investment. Not much if you are trying to get rich quick. Think about it this way, 100K invested today with a return of 10% will be worth over 672K in 20 years. The money can start working for you as soon as you invest it so seek professional advice. Good Luck!
April 22nd, 2009 at 2:12 am
forex is the best and you can start with 1000 $
im here if you need my help
April 24th, 2009 at 8:32 am
Wihtout knowing your circumstances the advice given needs to be of a general nature.
Put around 70% of your capital in a safe high interest bearing account. Something that will return 4%-7%,
Maybe put 20% in a Mutual Fund, slightly longer term are higher risk.
Maybe risk more (10% of your capital) to gain more in a stock trading strategy like the stocksmonthly system. This is a longer term strategy.
April 27th, 2009 at 9:57 am
Shop, shop, shop on the web. This is the absolute easiest and best way to compare yields for lending investments such as CDs and bonds.
Banks, online banks, and brokerages all have CDs. Don’t forget about the brokerages. Sometimes they will have rates higher than your local banks. Check major investment firms such as Vanguard, Fidelity, or Charles Schwab to see what CD rates they offer.
Keep in mind that the FDIC will only insure up to $100,000. If you have exactly that much money, your interest will put you beyond $100,000. You may want to consider splitting the money into two $50,000 chunks and putting them into two CDs from two different banks. This way, each CD will be fully insured.
You may also want to consider “laddering” your CDs. This is how many people create income from large chunks of money. For example, they will put $20,000 into each of the following: 3-month, 4-month, 6-month, 8-month, 9-month, 12-month CDs. Then you will have money maturing at different intervals and will then reinvest in another CD when this happens. This has two advantages. 1) It frees up money on a more frequent basis. Remember that you have to leave the money in the CD, or else you pay penalties. By laddering, you ensure that a chunk of money matures each month and then you can put a little of that into your checking account without penalty. 2) It prevents you from putting all your money in a CD when interest rates are low. If interest rates rise, you will have a chunk of money maturing soon and can then reinvest in the new higher-paying CD.
If your time horizon is long, you may want to consider investing towards retirement. I have a free downloadable book on my website about retirement investing. Click on my profile and read the info to get the website.
Also, you may want to consider a home purchase. Rent/mortgage is the largest living cost. Completely owning a home means not having to pay this, which will free up lots of your income.
April 27th, 2009 at 2:36 pm
Unfortunately, 6 to 9 months is too short to invest in the bond market or the stock market. Six to 9 month terms are better served with savings accounts and CD’s. You’re not going to earn 7% on a savings account like 1 person mentioned, but you can expect 5.5%. Some banks offer 6% for the first 90 days. Investments (stocks, bonds, mutual funds, etc.) all have a cost to it, whether it’s up front or during or at the end. You don’t have to pay for a savings account or a CD. Anybody that tells you to invest in anything else has no clue about short term investing.
April 30th, 2009 at 5:17 am
split the risk by making asset allocation
meaning 70% to invest equtiy,property, bond others!
the rest 30% in money market that calculate interest daily!
you can withdraw from money market anytime…..!
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