> I want to invest but no idea what to do. I?

I want to invest but no idea what to do. I?

Posted at: 2014-12-05 
You can always invest in precious metals

If you want to invest I suggest to Create a website with Hosting and domain Name then promote products from Clickbank or Clicksure... and to get traffic use paid traffic to get your work up fast.

Be sure to diversify and be sure you understand your risk tolerance. Investing is for long term.

Start by reading "Investing For Dummies." The basics are not that hard to grasp. You don't need "investment advisors" unless your finances are extremely complex.

Go find an Independent Financial Adviser (IFA) - they will give you a far broader overview of the hair-brained schemes mentioned here. Penny Stocks are a notoriously easy way to lose all your investments; FOREX requires that you know an awful lot before you even start; gold and silver are screamingly difficult to predict; etc...

Ask family and friends about their own experiences if they have sought out advice from an IFA - you're obviously looking for someone trustworthy, who can offer you balanced and considered advice to fit your own risk-profile.

An IFA will charge you some of your $10,000 to provide professional guidance, but when considering investments when you have "no idea what to do", I see it as your best option as a means of not blowing the whole amount on something that is so immensely complex that it would require years of close study before you understand even a little of it.

ETFs are the low-maintenance way to do it. Depending on your age. You can be more aggressive if you are younger, can go with QQQ, or IWM. SPY is a bit more conservative. To diversify, you can invest a portion in EFA (outside of USA).

In this economy, gold and silver. The stock market is in bubble territory, and with the Fed going into QE infinity and the Eurozone starting their own QE programs, we're going to be heading back into another recession so the last thing you want is your money in the stock market or a savings account because it'll either burst and take your money with it, or your money will just bleed to death due to inflation.

I'd put 5k in gold and 5k in silver, actual physical metal, and put it in a safe. Gold prices are declining right now, which is a good sign for the gold investor. Metal prices fall when everyone thinks its shangri la, and then sky rocket when it all hits the fan. Buy now get a bargain, and in the very near future (at this point I'd say within a couple of years) we're going to have another bust another banking crises and people will run to gold and silver to protect their wealth, and send the price through the roof.

With 10k I suggest you get into penny stocks. That's the absolute best chance of turning a small investment into a large amount of money over time. Before you even consider funding a broker open a demo account and trade that for six months. Watch every video you can on penny stock tips and compile info. You'll hear "due diligence" all the time and that's exactly right! Its very risky that's why you need as much knowledge as possible coming into this. Good Luck.

Prosper.com, Roth Ira, individual stocks, down pmt on a house (owning homes has paid me handsomely over the last 15 yrs), buying real assets all some ideas for you. Lots of reading material on the subject. Do research , find something and pull the trigger.

http://www.edelmanfinancial.com/

You simply want a financial adviser. That's their JOB...so you do have to do a thing.

I want to invest but no idea what to do.

I have about $10K I want to start investing just so it earns a little more money than sitting in the savins account.

I have no idea how to invest, or I am not really intersted in watching numbers everyday.

I have 401K account which operates pretty much on its own because it has the potfolio package based on my age. I am looking for somthing like that I don't have to do anything.

Where can I find something like that? Where can I start??

get a discount brokerage account like TD Ameritrade, or schwab or fidelity, buy a couple of high quality dividend paying stocks and collect the dividends and let it ride for a while, at the end of a full year, sell the one which appreciate the least (these all pay good dividends WMT, MMM, LOW, SBUX)