$500 to invest, where should I put it besides Savings or CD(s)?
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Thread created 05-06-2012 by ukiltmybrutha
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I say wait for a slick deal, buy it, then flip it on ebay or craiglist. Most cases, you'd be making a 10-50% profit in a single transaction.
$500 to invest, where should I put it besides Savings or CD(s)?
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Thread created 05-06-2012 by ukiltmybrutha
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No Load index funds are a good starting point. You can open an account at Fidelity, E*Trade, etc for no fees and get their advice. Suggest putting it into a ROTH IRA if eligible. You can withdraw the...
$500 to invest, where should I put it besides Savings or CD(s)?
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Thread created 05-06-2012 by ukiltmybrutha
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Buy a storage locker....better odds than the casino.
$500 to invest, where should I put it besides Savings or CD(s)?
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Thread created 05-06-2012 by ukiltmybrutha
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:facepalm:
$500 to invest, where should I put it besides Savings or CD(s)?
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Thread created 05-06-2012 by ukiltmybrutha
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What is your goal with this money/when will you need it? If you're wanting to invest this money for retirement, how about putting it into a Roth IRA filled with a target retirement fund (or funds...
$500 to invest, where should I put it besides Savings or CD(s)?
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Thread created 05-06-2012 by ukiltmybrutha
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It really depends on what length of time you plan to invest it for, and just how much risk you want to take. If you're looking long term (which you should be), index funds are my choice. They aim to...
$500 to invest, where should I put it besides Savings or CD(s)?
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Thread created 05-06-2012 by ukiltmybrutha
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put into 529 college fund
http://www.kiplinger.com/features/archives/2007/08/best529s.html
$500 to invest, where should I put it besides Savings or CD(s)?
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Thread created 05-06-2012 by ukiltmybrutha
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This cracked me up. Repped!
I would say foreign exchange is much more risky because of all the factors that could affect its change in value. If you want moderate risk, you can go with a large...
$500 to invest, where should I put it besides Savings or CD(s)?
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Thread created 05-06-2012 by ukiltmybrutha
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I Bonds would be a good choice if you want to preserve your initial capital.
$500 to invest, where should I put it besides Savings or CD(s)?
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Thread created 05-06-2012 by ukiltmybrutha
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Yes, forex is very risky. If you understand that you can easily lose all of your $500, then by all means go for it. I've never traded forex either, but I've been trying to learn it at babypips.
...
$500 to invest, where should I put it besides Savings or CD(s)?
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Thread created 05-06-2012 by ukiltmybrutha
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IBM or big capspreferred share?
Goverment bonds/Corporate bonds
lol'd @ foreign currency exchange as moderate risk.
$500 to invest, where should I put it besides Savings or CD(s)?
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Thread created 05-06-2012 by ukiltmybrutha
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500 wont get you far... you could diversify 100 in "potential" penny stocks and hope they end up like Google @ 600+/share =D... slightly lower odds than roulette though...
$500 to invest, where should I put it besides Savings or CD(s)?
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Thread created 05-06-2012 by ukiltmybrutha
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atleast until you decide what to do with the money, put the $ in a HSBC online savings account, the interest rate is .80 and there are no fees whatsoever
$500 to invest, where should I put it besides Savings or CD(s)?
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Thread created 05-06-2012 by ukiltmybrutha
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I would invest in DoubleLine Total Return Fund (DLTNX). Its a fixed income mutual fund that has a 5-7 year duration and provides a pretty good yeild. Relatively new fund however the manager of the...
$500 to invest, where should I put it besides Savings or CD(s)?
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Thread created 05-06-2012 by ukiltmybrutha
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This is what I've done so far with $500-1,000 laying around. Two years ago, I put $1K on a well known company that was trading in the $10/share range. I opened an scottrade account and just bought...
$500 to invest, where should I put it besides Savings or CD(s)?
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Thread created 05-06-2012 by ukiltmybrutha
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Thanks all so far....good stories. :)
So FOREX is rather risky eh? I don't honestly know what I want to do with my money. Don't necessarily plan to retire in the USA either. I just figure that...
$500 to invest, where should I put it besides Savings or CD(s)?
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Thread created 05-06-2012 by ukiltmybrutha
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I get $500 from someone every year as a gift. My kids also get $75 a year from the same person. Instead of the money just sitting there in a CD or Checking Account not earning much interest, I would...
$500 to invest, where should I put it besides Savings or CD(s)?
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Thread created 05-06-2012 by ukiltmybrutha
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sell short on netflix for the next month and buy to cover at 60. they been dropping so much!
i got in at 90 and gonna buy to cover at 60. of course selling short is always risky but netflix has been...
