Your Questions About How To Invest

Lizzie asks…

What is the smartest goods to invest in if you have a large income?

If I have an income of over $100.000,- per month, what would be the safest yet most yielding goods/stocks to invest in? Putting it in the bank is a stupid investment in my opinion. Not only do you run the risk of the bank going out of business, but the interest rates aren’t really all that eiter.

I have heard silver is smart to buy, and real estate. Any other suggestions or elaborations on how I should invest that kind of money to make the most of it?

John answers:

Safest, stocks are not for you than. Invest in Real-Estate. Buy a some property, but do your research first and make sure it’s in a great neighborhood, rent it out and have cash flow coming in. You could buy some Gold and Silver and hang on to it for a few decades or find something your good at and start a business. That is what I would do if I was making that much a month.

Thomas asks…

What is the best way to invest my first 1000 saved dollars?

I have recently started a job. I don’t earn that much but I know the power of saving and investing. So I try to do that.

I have many responsibilities, however, I have managed to raise 1000 USD and started to think how to invest that money wisely. Of course I’ll keep working and saving money in order to increase my investment options.

John answers:

If you’re planning for the long term and won’t need the money soon, mutual funds are a good way to start. There are lots of respectable companies that sell them and will set up an account for you: Fidelity is the biggest, but Vanguard and many others as well. Many experts recommend a stock index fund, like an S&P 500 index fund.

You can trade stocks yourself if you’ve got the nerve, but mutual give you a small share in many stocks so your risk is lower than being in one single stock. Since this is your first thousand, you may not want to take that kind of risk.

If you think you may need the money soon, put it in a short-term CD or a high interest rate savings account. Shop around for rates– you can get 5% or more in a regular savings account if you look. Capital One, ING Direct, and World Savings are examples of companies that usually have good rates.

Mark asks…

How can i invest in foreign currencies with just a paypal account online?

Is ther any forex sites that only require a paypal site and you do not need to put in a minimum of 250$. (i would like to only invest 50-100 until i have experience)

John answers:

The last i heard FXCM needed #300 deposit but had microl ots of $50 to deal and a free practice account.

Try fxcm.com> free practice account> micro lots

Ken asks…

How do you invest in Gold and Silver investments in the Philippines?

How do you invest in Gold and Silver investments in the Philippines?

Are there any laws to dual citizens to own these investments?

John answers:

If you want the “do-it-yourself” approach, you may want to avail of this free newsletter.

Http://www.investmentu.net/ppc/t4silver.cfm?kw=X300G548

Or, if you are already in the Philippines, you may want to consult with your financial advisor or stock market broker. They would know what to do.

William asks…

How do I invest in world currency markets?

I hear this is a good place to invest where you can make a tremendous amount of money in a short amount of time.

How does this work? What do I research? Any information would be helpful.

Thanks.

John answers:

While I do not believe that there is any way to make a tremendous amount of money in a short amount of time unless you really know what you are doing. You would need to buy currency future contracts, and the best place to research currency trading is the FOREX and the CME. Keep in mind that if you want to trade Currency in the U.S. You can only do so through a dealer that is registered with the National Futures Association (NFA).

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