ways to invest
ways to invest questions and answers
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Q: What are the most efficient ways to invest for the future?
I'm 19 and in the Army, and I want to start investing in my retirement account/ future basically. I really don't know much about it and banks cannot simplify it for me. Does anyone know how I can make the most of my money (300-500 a month) so I get the highest return possible? I have accounts with a local bank and USAA if that helps.
A: Contribute to any tax deferred retirement plans available to you in the Army, if any. And start an IRA.
Q: What are the best ways to invest and save money?
So far im thinking of buying real estate and renting them out, buying some stocks and bonds,putting money into 401k or IRA.
Also, what is the best type of savings account? money market? cd?
A: First, I would make sure you have at least 3 months salary saved up in the bank or in a money market fund for an emergency fund. (Some people say 6 months.) Financial disasters like getting layed off or sick happen to all of us.
Second, I would pay off all high interest debt. Pay off everything you can except the house mortgage and student loans. Paying off debt is one of the best investments you can make. You will have more money in the future because you won't have credit card bills to pay. (Depending on the rates, you may want to pay off the mortgage and student loans as well.)
Third, start investing in stocks, bonds, and money market funds. You want to buy a diversified portfolio of stocks, as individual stocks are too risky. For most folks this means buying mutual funds. I like Vanguard.com, other people like Fidelity, TIAA-CREF, and DFA. Buy no-load, low cost funds. If you are like most people you will invest part of your money conservatively, in money market funds and bond funds, and part aggressively in stock funds. Vanguard.com has an on-line questionnaire which will give you an idea how aggressive you want to be.
I like index funds. Because of their broad diversification, you are less likely to have a dramatic drop in value. They also have the lowest expenses. For stock funds, I would suggest putting ~70-80% of your money in the Vanguard Total Stock Market Index Fund. and ~20-30% in a foreign stock index fund. However, there are many different opinions out there on what the best mutual funds are.
If your company offers a 401K plan at work, try to invest the most you can. The money grows tax free, and some companies will match your contribution. Investing in a mutual fund IRA is also a good idea.
Buying a house instead of renting will make you a lot of money in the long run. Buying rental property can also be a good investment, but being a landlord can be hard work, and many people are not good at it. If you don't know how to handle deadbeat renters, you can have trouble.
Believing advice you get on Yahoo answers can be risky, so read these websites for further information. If you find it too confusing, contact a professional financial advisor. They will charge you significant commissions, however.
Sources:
http://www.vanguard.com/VGApp/hnw/planningeducation
http://finance.yahoo.com/funds
http://www.dallasnews.com/sharedcontent/dws/bus/scottburns/columns/2007/vitindex.html
http://www.fool.com/school.htm
http://sec.gov/investor/pubs/assetallocation.htm
https://flagship.vanguard.com/VGApp/hnw/FundsInvQuestionnaire?cbdInitTransUrl=https%3A//flagship.vanguard.com/VGApp/hnw/planningeducation/education
Q: is precious metal investment safe and good ways to invest? what do is your opinion on investing on gold?
or silver? how do you make investment on gold or silver? and what do look for before purchase?
A: most of the Indians invest money in purchasing yellow metal, though it may not yield high returns. but it is a safe investment. in case of need, one can mortgage it with bankers. but the problem with yellow metal is we can not wear them because of threats from snatchers .
Q: whats better way to invest money from tax return?
this year we're getting nice big tax return (for us) and we really want to have house someday, we can save it up, we're not ready for down payment yet, we have one old car that's allrite. We have baby too but she got everything, my husband says lets go to island on our make up honeymoon, alone, but who will watch our baby?
i kinda want to find a way a better saving for our money so we can buy our own house someday?
A: $1000 emergency fund then pay off all debts smallest to largest then 3-6 months of living expenses
Q: Looking ways to invest. Never bought stocks or done investing. would like a simple lesson on short term inves
ting. Small amount to invest and for now quick return. any suggestions?
A: Find out some lesson about how to get started in stock market here:
http://www.stock-investment-made-easy.com/
but mind you, it is not a sure money tips. instead, you need to make use the guidance and do your homeworks.
Q: What are the ways to invest in silver in Australia?
Apart from buying an actual bullion. Something I can do online like with shares and FX be nice... any suggestions?
A: I would recommend buying the bullion and storing it yourself. It's easier if you invest in gold because its high price per ounce makes it easy to hide.
In the States there are places that store your bullion for you. (www.monex.com is popular.) They just give you a certificate saying how much you own, but it stays in their vault. I always worry that in an economic calamity they'll keep it for themselves.
Most coin collecting shops sell bullion up here. I'm not sure if that's where you find it down under.
Q: I make 175k a year, own my home outright, and am looking for different ways to invest. What are my options?
IRAs seem pointless as it's only 4k a year and it appears it won't be tax deductible either as I put in my max allowed into my 401k every year. What other options are ther eto not be taxed so much on my earnings?
I'm 30 years old, and am the CIO of company. I've been in the IT field since I was a teenager.
A: If you are investing for the long term, I wouldn't worry too much about taxes. Long term capital gains are taxed at a lower rate than short term capital gains. Also, tax-free bonds don't yield much of a return.
Also, it depends on how much time that you are going to invest managing your investments. If you don't have the time to manage/learn about your investments, then invest in mutual funds. With the US dollar being so weak, I would invest in international funds at the moment.
If you have time to manage your investments, you can research companies and buy their stock.
If you wish to speculate some, you can invest in real estate since the market is tanking due to the sub-prime woes. These would be investments that you would have to hold on for a few years until things get corrected.
Either way, before you decide to do any investing, take the time to learn about investing in general.
Q: i have 500000 dollars to invest.What are the best safe ways to invest this and get the highest interest yields
i know about certificates of deposit and money markets is there anything else insured that you know or is it all speculative.
A: It all depends on what risk you are willing to take. The ones you mentioned are safest but disperse it between banks because you are only insured $100,000 total deposit per bank from the FDIC. So if you go that route and don't disperse you stand to lose 400,000 If the bank tanks.
You could also look into bonds. AAA,AA, Aaa are all very safe but again there is always the risk of you losing everything and these are not insured. However based on their rating they are unlikey to tank.
The lower the rating i.e. B, C, D bonds will give you a higher yield but they are more risky the lower the letters go.
Best bet, see a investment professional who can assess your ability to take risk and help advise you on the best ways to disperse.
Q: What are the different ways one can invest in Gold?
Ways other than just buying gold.
Are there bonds or other ways? I'm a Finance student.
A: The people above provide good answers,but they didn't fully address one important point.
The dollar is weak right now.NEVER EVER buy gold when the dollar is weak.
That's just a fancy way of saying that gold is expensive to buy right now.
If you're really interested in investing in gold you're going to want to wait for the dollar to get stronger.Or to put it another way,you want to wait until the price of gold comes down.
Then you buy.Then you hold.Some times for a long time.Some times for a REAL long time.
Do some research.The information you seek is readily available on the internet.
Try to find the average highs and lows of the price of gold over the last 50 years.That might give you some idea of when you'll want to jump into the market.But be careful! Past performance does not guarntee future results! The same is true of any investment,especially if you're only planning to hold an investment short term.
Good luck!
Q: In your opinion, what are the best ways to invest today?
Please be specific: what venues, markets, industries, companies, etc.
A: There is really no *BEST* way... there are always opportunities for the taking once you develop an eye for it!
*Real Estate (flipping, renting, speculation, land development, REITs)
*Equities (Stocks, options, *MANY* different strategies there!)
*Debt Instruments ( Bonds, Bills, Signature Loans, Secured Loans, Tax Liens)
*Business (I can't even begin to describe the opportunites here!)
As you can see, pick something, and make it work for you. Learn as much as you can and you'll begin to see the opportunities soon enough once you get the bug! Just make sure that you are comfortable with a few numbers... and that you really know how to find out if you've made or lost money. A lot of people don't know... really!
You could start by reading "Rich Dad, Poor Dad", or join the Motley Fools forums (www.fool.com) Those are what I recommend to my friends who are just beginning.... That and open a high-interest savings account. If you're not willing to take their free money, you are not willing to make your own!
"Your business' success is not defined by how busy you are, but by your bottom line."
--My father-in-law
Q: How to multiply money or ways to invest?
A: read, study, obtain knowledge.
Your question is too general and broad.
Q: Can you please recommend me good ways to invest?
A: Do your research, start off with 'The Motley Fool' website for info. and recommended reading. When you're ready to invest diversify - don't put all your eggs in one basket. There's no easy sure fire money spinner when it comes to investing (if there was everyone would do it) the more knowledge and info. you're armed with the better.
Q: can u suggest the best ways how to invest in shares -without incurring losses?any books OR websites pl?
i came out from my co.i want invest wisely.i am 54 yrs.pl guide me about equitymarket .how to identify the correct shares to buy without facing problems?
A: I'm afraid there's no totally safe share investment. They all carry a risk - share prices can go down as well as up.
Interesting website on share investments is
http://www.fool.co.uk/investments/investments.aspx
They publish some really useful guides on investing in shares in a sensible way.
I'm a member of an investment club and we all agree that we will never invest what we can't afford to loose.
Q: What are some good ways to invest in commodities?
the more specific your answer, the better
A: mutual funds
Q: I am looking for good ways to invest into properties (duplexes)?
I have 5 duplexes now but I am looking for new ways to buy more.
A: New ways? Like different types of financing? Talk to your lender about different programs to make sure you're maximizing your cash flow.
Other than that there are plenty of duplexes up for sale or in foreclosure or probate, get a good agent to work with you to help you to find the best deals possible.