> Were can I invest 12k?

Were can I invest 12k?

Posted at: 2014-12-05 
Rather than sit in a savings account. Is there anything I can do with it to make more money? Or who can I talk to?

Depends what your objectives are. Decide if you are investing for long or short term. That way you may not mind the volatility. Stay away from speculative shares. If I were you I would mainly invest in blue chip stocks such as Walgreens, Walgreens, Bank of America etc. Maybe look at etf's. Vanguard has a few.

I suggest you go to your local library and check out Jim Cramer's investment books. He can teach you everything you need to know about investing. The first rule, is that you have enough money in an emergency fund to cover 6-9 months of living expenses. You should have that set aside in case you lose your job. Then with any remaining money you can start your investment journey

Most conservatively you can get a longer term higher interest savings account that has some penalty for early withdrawals.

Some professionally managed investment fund, like insurance companies use for their money, is simpler and less risky than you trying to play the stock market on your own.

Stock market, buy only strong, profitable companies, analyze opinions of experts. Follow twitter accounts of investment research firms, investment banks such as: TheStreet, Morgan Stanley, AllianceBernstein, ValkCorp, BlackRock, Zacks, etc.

Check this simple browser game, where you can earn money while playing games at the same time (without investment) it base on real-time, so that you can focus on other activities. Here is the link https://www.goldentowns.com/?i=213569



Look into Reddcoin. Pays dividends and is 100% liquid. Work it just like a private bank account.

Two questions you need to decide first:

1. What's your risk tolerance?

2. How long are you willing to tie up the money?

Rather than sit in a savings account. Is there anything I can do with it to make more money? Or who can I talk to?