if you have $15,000 to invest, where would you invest it ?
would you let it sit in the bank for interest,stocks,etc
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15 grand is not much of an investment these days .... more like a visa bill .....
but real estate is usually a good bet - T bills if you want to be safe .. BERKSHIRE HATHAWAY stock right now is a good buy (though today it is 107,675.00$ a share - but you can get partial shares in a pool)
or if you are well versed in it - you can do currency trading and do well (or lose a lot)"Each problem that I solved became a rule which served afterwards to solve other problems." - Rene Descartes (1596-1650) -
pay off you debts first though (unless really really low interest rate) - is the best investment
"Each problem that I solved became a rule which served afterwards to solve other problems." - Rene Descartes (1596-1650) -
thanks i work for a BERKSHIRE HATHAWAY company "the pampered chef".
where do you find partial shares in a pool ? -
Originally Posted by gomez1
If you are new to investing I would put the money into some kind of NO LOAD LOW EXPENSE mutual fund like Vanguard Wellington fund which invests a balance of stocks and bonds. If you want to investing in real estate, $15,000 is not that much money. The best way to do so is to invest in some kind of REIT or REIT mutual fund (see http://www.investopedia.com/terms/r/reit.asp for more info. on REIT) Be aware of the tax consequence of REIT. As for investing in a specific stock of a certain company, you better make sure you do your DD, 'cause you can loose your shirt doing so. There is an old saying, the stock market make a millionare out of multimillionare...
$15,000.00 can buy a lot of beers....... -
Originally Posted by gomez1
Sequoia Fund"Each problem that I solved became a rule which served afterwards to solve other problems." - Rene Descartes (1596-1650) -
Not to be political (Although money and politics are tightly interwoven), but it is a shame that with investing, your tax stratigy is almost as important as your investment plan. That being said, the sky is the limit.
IS IT SUPPOSED TO SMOKE LIKE THAT? -
Mutual funds. Pick somebody like American Funds or Janus, and grab a diversified portfolio. You can pick aggressive growth to safe strategies. You can do $4000 max per year if you want to stash away into a Roth IRA and/or Traditional IRA. So there's $8000 down, and the other $7000 you can do other options with.
Just remember to spread it all around.Want my help? Ask here! (not via PM!)
FAQs: Best Blank Discs • Best TBCs • Best VCRs for capture • Restore VHS -
I can forwad you some Nigerian emails regarding some investments if you like
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