I’m the teenager as well as I would similar to to deposit my money, so I can have a little profit. What is the most appropriate approach for me to invest?
- I want to start a graphic design business, how much money should I invest? Just 2 people working.? (4)
- should i invest in a business? is investing safe? good idea? what should i do with my money? (1)
- How should I invest my property and money? (2)
- What should I invest my money on? (12)
- How should I invest my money? (2)
- Should I invest all my money in financial sector if I wanna maximize my profit? I can wait for 2-3 years.? (7)
- What should I charge to invest a relative’s money in the stock market ? (1)
- Where should I invest my money? (8)
- Should i save money and invest or pay off my debts first? (8)
- When my business begin bringing in big money, How much would i invest back into it and how much should i take? (1)
- If I invest $2000 into seven stocks that do “well,” how much money should I expect to make in profit? (5)
- How should I invest $125,000 to make the most (money) profit? (12)
- I flipped a home and gained $18,000 profit. How should I invest the money? (7)
- First time investor needing quick 10 to 30% profit on my money. What should I invest in at this time? (5)
- How should I invest my money? What mutual funds are good? (0)
- What Should You In Invest In? Money Market, Banker’s Acceptance Or Treasury Bills (0)
- People have been asking to invest in my new business, what guidelines should I use? (1)
- an economy people invest money into a privite company in hope of making a profit? (1)
- what’s the best way to invest my money for a profit? (4)
- where can i invest some money and get back profit?? say i would invest 100$? (3)
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It’s better to invest in a savings account. Once you have a sizeable amount to invest (say $10,000), I would buy a CD for a year or so. That’s a safe investment that will give you a moest return.
zit cream.
Go to your local bank and see what their CD rates are.. or possibly savings bonds. Just depends how long you’d like to tie your money up. With CD’s, your money is locked up for an amount of time and bonds will keep earning interest for 30 years and you can’t access the money for 12 months if you wanted to cash them in. Just a few ideas.
If you want to start your own business some day I would start buying things for it so you don’t have to get a loan later or you can put it in stocks, bonds or cds.
Go to http://www.bankrate.com and look up High yield savings account. I guessing that you don’t have a lot of money, want a small amount of risk and will need for the funds to be available to you. CD’s are also save but tie up your money for set periods of time. Be sure to read how many time you can use ATM for free a month. Some banks have limits. Good Luck
Since you have a long time horizon, I would either buy a small company with good prospects for the future, or buy a mutual fund that invests in micro/small caps for aggressive growth.
Some ideas:
1. Buy SIRI, it is down to $3, if the merger with XM goes well, and they were to realize efficiencies, the stock can easily double or triple.
2. Buy SIRI Options that expire in 2009. It will leverage your money and increase your reward.
3. Go to Yahoo Finance, click on ETF, screen the ETF’s for small caps, then pick one and buy the ETF on the open market.
4. Buy a small Oil driller, if it hits a lot of oil, you will make a ton. Some drillers in Eastern Europe (Kazastan, Georgia) look intersting.
I started investing when I was in 7th grade. Now, I’m a senior in college. So, now I can look back and figure out what I did right and what I did wrong. Since you’re a teenager talking about investing, I’m automatically going to assume that you plan on going to college. That means you want your money to grow tax free.
Stocks tend to go up the fastest, but the problem is that you won’t have enough money to cover commission costs to be well-diversified. This means you SHOULD NOT pick stocks.
Instead, you want to open up a 529 Plan account. Each state has different rules and options to pick from, so you will need to figure out the details for your particular state. Go to collegesavings.org for more information. Once you get the plan setup, you’ll be able to invest it in mutual funds, bonds, and other stuff like that. I wish I did this instead of picking stocks when I was a teenager.
More than easy
Make jumbo chocolate covered strawberries with nuts on a popsicle stick. At the mall they are 5$ a chocolate covered strawberry, sell 30 a day each one is 2$ and you will make 60$ a day if you sell all of them. And in a week you will make 420$.
and a month 2,520$
a year 30,240$ damn you could by a house sell like 60 a day
and in a year 60,480$.
It all depends on your investment horizon how long to you want your money to grow for? Do you want to keep it in the market for a long time or a short time? You are still young and are able to bear investment risk if your horizon is long.
If 5% monthly is good enough for you, please take a look of this site. http://www.international-investment-pool.freewebsitehosting.com/index.htm
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