One of 2 ways. Buy property like acreage with a stream and trees on it. Maybe buy about 20 acres from those that own it privately, so you can make monthly payments. Dont move on it, but property always is a good investment. Another way is buy stock/ preferrably the kind that pays dividends so you'll make money quarterly. Like AT&T stock. Now when you buy a certain amount every month through a broker, like Charle's Schwab. They'll set up an account with you at their office. You can find them on the computer where you live. Each quarter you can either re-buy more stock from your dividends and with extra money from your check's or you can have them put your dividends in your bank account. Then you'll have to find out how much tax you have to pay on your dividend check and pay the IRS an extra $50/ or just let it accumulate in your account with the broker.The money you pay the IRS each quarter with an extra $50, so that at the end of the year, you'll always get money back. I recently put about $400,000 worth of stock with Charles Schwab because I found my parents trusted his way of doing good business with all our holdings, Infact alot of my stock doubled since then. Mike
Best and easiest way is to start a Roth IRA with a mutual
fund company.Fidelity, Vanguard and TR Price are a few of
the best companies to use. Talk with a rep for some free
advice.TR Price 800 638 5660 Vanguard 800 662 7447
Fidelity 800 544 8544 Good luck
I'm wondering if anyone could help me,I'm looking to start to invest some of my monthly income what's the best way to do this any idea's?
