AS for Micheal... i'm sure he doesn't remember gold prices in January of 1980. Top of that market had investor waiting 30 years just to break even.
Rick M good luck getting away from the 1% crap that banks are peddling.
Lastly take a good look at the Dividend Kings, these companies have been increasing their dividend payouts to their investors every year for over 50 years. Year after year more money being paid out to shareholders. The Dividend Aristocrats have done the same for a minimum of 25 years. Most of these companies are close to or more than 100 years old. How is that for safety and stability?
There are lots of websites out there for investing info. Motley Fool. Zacks. theStreet. Assetbuilders. Forbes. Wall Street Journal. Barrons. on and on. Go to Yahoo Finance. Read all of the articles. Follow the links. You'll find many more.
What is your time frame for investing?
3 months?
3 years?
3 decades?
Each one would have a different answer.
Don't invest in anything until you have done the required study. Your investment mistakes will be very costly.
Learn first - THEN invest. Forget websites. Start by reading "Investing For Dummies." If you don't wanna screw up big time, then you need to educate yourself on the basics. It's not that hard.
The first thing you need to know is that risk/safety and potential return are like a teeter totter - if one goes up the other goes down. There is no getting around it.
The other thing to know is that there is a difference between saving, investing and trading. Saving is keeping some liquid cash (savings account, money market account) for emergencies. Trading is trying to make a profit in the short term based on knowledge or a hunch. Investing is setting a plan for the long term and having a strategy that involves holding investments for months or years.
The only way for the average guy to do well is to invest. Trading, there are thousands of people on Wall Street who are smarter and have better information than you do. Don't try to compete with them. Investing is easier, but you still have to do a lot of homework.
My suggestion to you is to start with mutual funds, particularly indexed funds. Recent history has proven that indexed funds do better than "managed" funds. I recommend Vanguard, they are one of the top companies in mutual funds, have a good selection, low fees and are the best in the business at indexed funds. Open an account with them, put half in a money market and half in their 500 Index Fund. See what the stock market does, and if you see it go down 10% or more, move $5,000 from the money market to the 500 Fund. I would keep $5,000 in a money market for emergencies or to dump into a stock fund if there is a big, big drop in stocks. Stay out of bond funds other than short term for the next couple of years.
There's plenty of books about investing at the library and DVD's. MSNBC is devoted to money and investing topics. Honestly, 20K isn't that much money for investing. Some people earn that alone just on interest.
Be careful with bonds some are unsecured and you can lose your initial investment. I'd suggest reading a few good books on investing and try picking some stocks you think will do well. Just put in a portion of your money and see how they turn out over six months or so. You should only invest if you can lose the money and don't have any debt.
CD's are guaranteed but have low returns 2-3% over 4 to 5 years. Stocks have good returns but also you can lose 7% or so of your stock. Buy low. Sell high.
Stick with long-term investments and good luck.
By large returns I'm assuming you mean 50-100 % return and there are no stocks bonds or anything else that can do this safely about your only option to make this happen is by way of three options buy bulk drugs break it down then resale I don't advise this not safe but can easily double your money option 2 precious metals this is a long term investment and even in a global collapse they will be useful even when money is no longer any good the only real currencies will be precious metals water food alcohol and medical supplies now your last option is pretty safe but not fool proof a hobby example I love building computers if done right a hobby can make you good money I recently built a gaming rig for about 1500$ and resold it as a custom build for over 3500$ that's over 100% return my cousin bought a car fixed it up and resold it for double his investment so these are your best options in my personal opinion
Higher earning and safety cannot go together. If you want more return you have to take risk. Higher income means higher risk.
I would not trust that much money on yahoo answers...check with the bank you use or do a LOT of research.
In these uncertain economic times, always bet on gold.
I dont know a crap about investing in bonds and stuff. I wanna know ways to increase my money by a large amount saftley or low risked ways. And by any chance i there any website you guys know that teaches about investing I know a couple but wanted to know if you guys knew better ones
