Best way to invest 10-15K?
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Thread created 12-10-2012 by BigJimRennie
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Just save it. You don't want to put it in the stock market right now, unless you wait for a good entry point, but even then you need to research and know what you are doing.
Best way to invest 10-15K?
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Thread created 12-10-2012 by BigJimRennie
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21 Replies
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I Bonds, if your willing to hold it for 12+ months.
Best way to invest 10-15K?
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Thread created 12-10-2012 by BigJimRennie
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+1 ....
Best way to invest 10-15K?
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Thread created 12-10-2012 by BigJimRennie
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$15k is already 1 year of emergency funds for a person whom is lightly frugal.
Any more savings should be invested only after you have a lot of knowledge about investing. Read at least a book on...
Best way to invest 10-15K?
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Thread created 12-10-2012 by BigJimRennie
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Education. Spend it on getting a better job so you can earn more.
Best way to invest 10-15K?
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Thread created 12-10-2012 by BigJimRennie
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I agree with this.
Also, if $15k is all you have then it's an emergency fund. Or pay off your debts.
Best way to invest 10-15K?
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Thread created 12-10-2012 by BigJimRennie
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Best way to invest 10-15K?
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Thread created 12-10-2012 by BigJimRennie
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Depends on your risk tolerance. You can go with a S&P 500 index fund if you believe the stock market will increase. In any event, make sure you don't take any risks with your emergency fund.
Best way to invest 10-15K?
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Thread created 12-10-2012 by BigJimRennie
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You could play the stock market. It's a crap shoot cause you never know what's going to happen. I just invest in IBM and Apple and keep it simple.
You could use that $10k to buy a home and rent it...
Best way to invest 10-15K?
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Thread created 12-10-2012 by BigJimRennie
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:iagree: but you'd be surprised how many people don't have anywhere close to that :lol:
Best way to invest 10-15K?
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Thread created 12-10-2012 by BigJimRennie
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If you are one of those who don't consider 10k-15k a great deal of money to gamble with, take the risks and invest in the stock market actively. Use your 2x margin as a backup buying power, so if you...
Best way to invest 10-15K?
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Thread created 12-10-2012 by BigJimRennie
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The reason there are so many answers is because there is no one right answer. What's best for one person isn't what's best for the next person.
So, the answer is "it depends". It depends on...
Best way to invest 10-15K?
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Thread created 12-10-2012 by BigJimRennie
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If you had $10-15K saved up and would like to invest it, what what would be the best way to do it? I tried to google this and it seems everyone has a different answer. :confused:
I already have a...
Best way to invest 10-15K?
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Thread created 12-10-2012 by BigJimRennie
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Any opinions on lending clubs (like lending tree)?
Seems pretty safe if you spread out your loans.
Best way to invest 10-15K?
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Thread created 12-10-2012 by BigJimRennie
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15k is not enough to do anything with that is worth the risk today. Fixed income rates are garbage and with Fiscal cliff around the corner you would be stupid to throw it onto the trampoline.
Make...
Best way to invest 10-15K?
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Thread created 12-10-2012 by BigJimRennie
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Gold, physical gold where you take possession of it.
Best way to invest 10-15K?
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Thread created 12-10-2012 by BigJimRennie
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pay off debt
Best way to invest 10-15K?
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Thread created 12-10-2012 by BigJimRennie
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I agree with hunnii that this is a fun and rewarding stradegy, after awhile tweak/make your own.
Having money make more money for you is empowering. To maximize savings further, make sure to...
Best way to invest 10-15K?
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Thread created 12-10-2012 by BigJimRennie
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Research Financial Indepedence before investing in late retirement funds like 401k's and Roth IRA's.
If your investment incomes > then your expenses at age 40, then you can retire/be Financially...
Best way to invest 10-15K?
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Thread created 12-10-2012 by BigJimRennie
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Avoid anything with Bernie or returns which sounds too good to be true.
Best way to invest 10-15K?
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Thread created 12-10-2012 by BigJimRennie
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Vice Fund
Best way to invest 10-15K?
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Thread created 12-10-2012 by BigJimRennie
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What market do you live in where 10k is a down payment on real estate? I need to invest there.
this is a wonderful answer.
If there were a "best" way to invest, everybody would do it. ...