The fact that you mentioned you don't wish to play the stock market but want to invest in one company actually increases your market risk vs. an etf that tracks the broader stock market.
Secondly, not one individual can answer this question clearly simply because we don't know your financial circumstances.
Seeing how you're retired I assume you would want to be in the moderate to conservative camp but again you may want to be aggressive with these particular funds.
The vanguard etf mentioned above is wonderful and low on fees but it's up to you to rebalance and keep an eye for a potential market pullback as you are not a 20 something where you can take a hit and make up the loss 4 or 5 years later like the 2008 class.
Suggestions are educate yourself on investing in income mutual funds and find a discount broker
Or
If you want hands off approach but rules set in place find a fee only financial advisor and develop a financial plan.
Penny stocks, also known as cent stocks in some countries, are common shares of small public companies that trade at low prices per share. They are notoriously risky but if you follow a special method I've learned you can earn good money at almost no risk. This is the site I use: http://pennystocks.toptips.org
I definitely recommend subscribing to this site in particular. Very good research, quality stocks. I was a bit weary of penny stocks from all the bad hype they receive but this guy is pretty legit. He's put my mind at ease with a lot of the fears I've had. I especially like that he doesn't send out announcements left and right. I've signed up for other websites that fill my in-box with one company after the other. I don't know where to even start with so many choices in front of me! Nathan sends me one idea a week and that's all I need. Working so many hours during the week leaves me with very little time when I get home to start doing tons of penny stock research. I'm always eager to see what Nathan's next suggestion is each Friday and I love having time on the weekend to do my research.
As said above if you want to make money with penny stocks you have to follow some proven methods. This one in my opinion is the best: http://pennystocks.toptips.org
You are retired now at age 53 with 44K income. I assume this is enough for you to live on with your life style and that you have sufficient funds to last to age 62 when SS kicks in. The question I always ask is when will you need that money you want to invest?? If you might need it this next 1-2 years then cash or short term bonds is best. If you want the money to grow into something larger in 5-10 years then go to the stock market. Open a brokerage account at Fidelity or Vanguard and invest 70K in a short term bond fund and select 4-5 market sectors you are interested in---tech stocks, large cap, small cap REIT etc---and start watching the sectors. Sometime this month put 10K into a low cost mutual stock fund you like. Stock mutual funds give you automatic diversification. 3 months from now invest 15K in another one of the sector you like. 3 months after that do another 15K etc. This will get you into the stock market thru dollar cost averaging AND allow you time to study where you want to put the money. If the stock market should drop suddenly use that opportunity to buy in. I personally like the Vanguard total stock market fund and use it as one of my 10 stock mutual funds.
Don't be in a hurry. This is a nasty recession and Samsung makes subpar products so I'd advise against it.
Real estate is a good investment. Flipping properties is something I haven't done but it seems good in theory. Developing properties is also good and u can get a loan to do that.
You can make good money like me with this binary option signal software ( http://forexsignal.kyma.info ) Binary options trading has always been popular, however, this investment fad globally exploded around 2008. Originally known as digital options, binary or the name "two values" was added to give a simpler explanation for trading options. Binary is defined as two values or up and down movements. Binaries rely on underlying assets or derivatives. You can trade in commodities, the forex (foreign exchange market), commodities as well as stock indices.
For the time being invest in a Bank and decide leisurely.
It a; depends on your short, medium and long term needs and wants. Get somebody to give you professional advise and/or financial plan. It gives you an insight of the possibilities, which there are pleanty.
I think that if you're coming to Yahoo Answers for advice you and your money will soon be parted.
don't invest in all in the same business
Find a trusted advisor, they will understand your goals.
I'm 53 and retired. I get $44K/year in retirement. I just sold a house and have $70K to invest. I'm hearing so far not to play the stock market. I would like to invest in Samsung, but there are several stock symbols for it, and that confuses me. Anyway, I don't want my $ to just sit there while inflation creeps up on it. Thanks in advance for advice.
if you have never invested before,,, careful.
make sure you diversify
even consider laddering long term cd's.
