View Full Version : Where to Invest $10,000 - $20,000


aviz
Dear Respected Friends,
Could someone please Advice A Good Place to Invest Money
Like $10,000 - $20,000
Where Monthly We could recieve good profit from the Invested Amount?

PLease Advice

Shirley
You may want to look into bond that is tax free.

cape cod Bob
Mutual funds, stocks but I would not do bonds! Your sleep factor may be for only bonds, but so will your return, slow and small. Your age matters and whether you will need money all come into play. Alot of factors for your simple question, need your thoughts to give more details.
Good luck

BDR
This may not be the answer for which you are looking for but I will give it to you anyways. The way I look at it, if you have 10 to 20 thousand dollars burning a hole in your pocket and want to invest it into something with a good return on your money. You should invest into yourself! Start your own business and turn your money into massive amounts of wealth. You could invest in some bonds or do some other silly thing that may get you a solid return on your money 20 years from now when you are too old to do anything fun with it anyways, or like I said, you could spend your money on yourself with a business venture of your choice that could make you tons of money to where you arent worried about a minor investment. If I had the luxery of having that much money to invest on a whim when I first started my business, WOW I would have been able to jump start my wealth so much faster! But as they say... Some are born with it and some have to scratch and scrape till they make it. haha noone ever said that really, but was a good line for a spur of the moment post haha Good luck and good fortunes to you, i hope I persuaded you to take a chance and hopefully increase your 10 or 20 to the 100's or more!

PS If you want a few golden ideas that cost pennies to what your looking to spend and have a higher return, email me BDR@billiondollarreview.com

Dingobiscuit
BDR,

I remember my Small Business Management instructor telling the class how only a small percentage of business startups actually succeed and how only a few of those actually outperform the market. With those numbers, $10,000 averaging 8-12% annually always beats a bankrupt business and seeing your lump sum become a pile of debt and red tape. I think you should treat a potentially hazardous startup like you should your "mad money" accounts, no more than 5-15% of your entire portfolio, and only if you can afford to lose that much. Sticking your entire investment into a startup is too risky.

CCB,

You can actually find corporate bonds that pay 10-12% dividends and are relatively safe.

newandrew
mutual funds or stocks!Both mutual funds and stocks can be for long term investors. But over the longer period of time, the stocks will prevail over the underachieving mutual funds. Those who cling too tightly to the familiar deny themselves many opportunities. There is no progress without risk.

Dingobiscuit
"But over the longer period of time, the stocks will prevail over the underachieving mutual funds."

This is the vaguest blanket statement I have seen posted here in a long time.

There are hundreds of thousands of stocks and only tens of thousands of mutual funds/ETFs available to investors. To say the average of all of those stocks (many of which are pinksheets which drop to zero within months) is higher than the average of those funds (which usually only go into double-digit losses is during a strong bear market or if a specific sector tanks).

I do not have the stats to refute your post, but am 99.999% certain you are way off-base.

1_more_opai
Dingo, i find your post quite critical of newandrew. he should not be required to have any basis for his claims or proof of his assertion. this is a financial free speech board. if you have a keyboard you have the FREEDOM to say what you will.

why people think a poster needs to know what they are talking about is beyond me!

please, leave newandrew alone. he has an opinion and can spell the word s-t-o-c-k so he has every right to post as he sees fit.

Dingobiscuit
I was clinging too tightly to the familiar and denying myself many opportunities.

kthor12
If I had the luxery of having that much money to invest on a whim when I first started my business, WOW I would have been able to jump start my wealth so much faster!


IF is a big big word .. if i had 10 to 20k when i started investing at age 12, I would be right along bill gates in fortunes .. unfortunately my parents thought stocks were bad investments so I had to find jobs at 12 and started investing those money in stocks (started with drips), so I had $50 a month to begin with..