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 ? -
Getting investing advice from a bulletin board is worth as much as what you paid for (absolutely nothing) With that being said, it's depend on how much risk you want to take with your money.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.......
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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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