im a young adult and id like to start investing so as i grow older i can have somewhat of a profit.
I need an idea in what would be good to invest in.
Id like to start investing early but i need ideas in what i should invest in?
Thu, Mar 11, 2010
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March 11th, 2010 at 11:40 am
http://www. daveramsey. com/sa/mutualfunds/
March 11th, 2010 at 12:29 pm
There are as many answers to that question as there are people on the planet. Stock mutual funds are always a good place to start when you lack the knowledge to make investment decisions yourself, and you’re young enough to have a higher risk tolerance. Of course, since you’ve stated that these would be retirement assets, make sure you take full advantage of tax qualified plans (401k, IRAs, etc. ).
Now largely disregard everything I just wrote and find yourself a personal financial advisor. Many are available at little or no cost, and can ensure you start off in the right direction, making your investments part of a comprehensive financial plan.
March 11th, 2010 at 1:27 pm
Private lending would be a good way to start. 5-8% yearly return, the investment will also be fully secured by real estate as a back up plan, no other investment vehicle allows this.
To learn more go to:
www. redenvelopefunding. com
March 11th, 2010 at 2:11 pm
your question really depends on what is your investment appitite and how aggressive you are in these investments.
What is your expected return in 1, 2, 3 etc years?
1) Equity (i. e shares)
Equity is good but there is always risk that market will crash. Pick companies that pay good dividends and then reinvest these back into the stock. with the stock market down alot of good companies are at good valuations. so long as you sit on them for a long time, it will definately go up. check out where google was at 2 years ago and where it is now. also say for instance you think a certain product will be globally a good sell. . . say iphone. then buy stock in Apple.
2) Government bonds – fairly safe investment but very conservative investment.
3) Derivatives – great return but extremely volatile
4) Commodities – again great returns but even worse volatility that derivatives
5) Property – great long term investment but cash needed upfront is ALOT.
March 11th, 2010 at 3:03 pm
First, you need to determine how aggressive of an investor you are. Then, look at some strong companies that could grow more than 10-11% the the index funds usually grow at annualy. If you don’t want to deal with stocks, look for no-load index funds.
March 11th, 2010 at 3:31 pm
Let the economy to settle.
March 11th, 2010 at 4:05 pm
Make sure you spread your entire amount in different asset classes to be safe. Diversification is the best way to go. The weighting in each area will depend on your attitude to risk.
Make sure you take professional advice. And shop around
March 11th, 2010 at 4:24 pm
First of all, you should decide the level or risk you can accept and the time you are willing to spend on investment decisions. Secondly, you should set aside enough money as cash in case your investments do not do well. In tough economic times, cash is king, in spite of paltry returns.
Since you are a starting investor, I would recommend sticking to plain-vanilla investments such as stocks, bonds, mutual funds, ETFs, gold/precious metals and CDs and real estate. Stocks are a risky investment but if invested properly, you can expect a return of 10% per year in a stable market. A 10% return is very good. If this return is maintained for long period of time, you should have plenty of money in the future. Mutual funds are a good way of diversifying your stock portfolio without the brokerage fees. ETFs are the less-expensive alternative to mutual funds.
If you invest in bonds, I recommend choosing bonds that have a high credit rating (BBB or higher). Gold/precious metals are volatile and expensive. Real estate is currently a bad investment but it may improve later on.