I’m twenty-three I have saved up 10k by you do majorly tiny time investments. Now which I am during 10k I am the small demure to chuck my income around since the not which most income though the sufficient to wish to collect the right the single time of 10k. I theory I’m only disturbed since I know the things I put my income in to will be upon my shoulders for the whilst compartment I can reap the rewards…I do not know any more any ideas? Thanks
WHAT IS THE BEST WAY TO INVEST $10,000 FOR A QUICK PROFIT?
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Go to a discount brokerage, such as T. Rowe Price or Fidelity Investments and talk to them about your risk tolerance and financial goals. They can probably help you better than the bloggers can.
Buy a politician
You have answered the fundamental questions that you need to answer before deciding how to invest: what is your investment objective? How soon will you need the money? What is your risk tolerance?
If you are are a master at buying call and put options like I am, u can make good money trading stocks as long as you know what direction the stock will move in you can double, triple and quadruple your money. I am an expert at understanding stock movement but most just lose money in the stock market.
I made my money by learning how to trade and invest, then I subscribed to http://www.etfdigest.com and http://www.thefundtimer.com (free). They do the fundamental analysis for me and I then pick the best spots to time my entry and exit.
It’s good stuff.
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