That said, doing something with your money for "2-5 years" is never investing, it is saving or hoarding...put it in a shoe-box under your bed if you are THAT averse to risk!
And by age 21, you SHOULD be thinking long-term...
If you put $1,000 in cash in a shoe-box under your bed, assuming you don't get robbed you are guaranteed to have $1,000 in cash when you are 50...
If you put $1,000 in a Growth Stock Mutual fund and leave it there until you are 50, some years it will grow a lot, some years it may even lose a little, but over the next 29 years it will AVERAGE a return of between 6% and 10% a year overall....leaving you with somewhere between $5,418 & $15,863...
If you leave that money in there (even if you never invest another penny beyond your initial $1,000), by the time you reach age 70 it will be worth between $50,000 & $75,000...
Meanwhile, your "safe" $1,000 in the shoe-box will still only be $1,000
Which sounds "riskier" to you? The possibility of only ending up with $5,418? Or the certainty of ending up with $1,000?
Time you read a book or two and learn what "risk" really is!
I've been trading the market for just a few months. My cousin actually told me about Nathan and his website and I signed up immediately after. http://penny-stock.keysolve.net
I'm not someone who has a lot of time to be researching for ideas because I work many hours.
Nathan has made it incredibly easy for me to make money in the market. His reports are easy to read and follow.
I've tracked most of the stock ideas that I've received in my e-mail from him and MANY have seen some nice gains after his announcements. I've made a nice profit (55% return on my investment on one, and 112% on the other!) on a couple of suggestions he's given and plan to start trading his ideas a lot more.
I definitely recommend subscribing to PennyStock Egghead. Very good research, quality stocks.
Check here for more info: http://penny-stock.keysolve.net
Investing triples your money in a decade
Gambling triples your money overnight.
figure out your objectives and go from there.
When I was 18 ( I am 63 now) I had $3,000. Bought speculative stocks and it was all gone in less than 2 years. But I don't expect you to learn from my experience. What if I had only bought Coca Cola and held on for 45 years?
I would advise you to think long term. Generally trying to turn a quick buck in the stock market is asking for trouble. Stocks, especially these days, can be volatile in the short term. But in the long term, you will generally see positive returns in a diversified portfolio.
well if you are starting to invest a business do not expect to earn a good money in 2-5 years because your new rather motivate yourself and you can have it.. but try to invest in short term..for you to avoid risky method.
thank you and visit http://www.a1corp.com.sg/self-inking-sta...
life is risks.
u do not 'invest' for a 2-5 yr
period.
u invest for a 6-10 yr period.
want good income 2-5 yrs from now?
get an education After exploring
BLS.gov/OOH for month or so.
find careers/jobs IN demand so u can
earn money to survuve and Prosper.
use a library to learn b4 u get burned.
Low risk and short term for good money do not go together.
If you want low risk you need to think long term.
If you want good money in short term then you need to think high risk.
I'm 21 years old and I'm very interested in investing in stocks or investing in real estate. But I hear it's risky. What should I really invest on that will make me good money 2-5 years from now? For now, I'm not thinking long term.
