Lux Investing

I am student who has come apon a small amount of money and i am looking to invest.ANY IDEAS?

I need to get some money for college within the next 2 yrs and i want to know and learn how to invest .SO PLEASE HELP!

Public Comments

  1. if you need the money in 2 years, but it into a 2 year cd...it's too risky to invest it any other way.
  2. stick it in a bank. savings gives you more interest but checking lets you take it out easier.
  3. put it im a money market plan
  4. You need to be cautious as any novice looking to invest is looking to get ripped off. I would recommend reading a few issues of the Investors' Chronicle.
  5. Try investing in Pepsi.But seriously,I would look into some cds or something like that.
  6. First either learn how to spell or type. Don't know which you are missing but you will need both to be successful in life. It is upon not apon.
  7. share-builder can help you to invest small. check out www.fool.com and yahoo finance
  8. Mutual funds are good. Go to fidelity.com and read the descriptions of the funds, and pick one. I recommend a stock fund that received a rating4 or 5 stars from morningstar rating system. They report those.
  9. If you are looking to make a significant amount of (legal) money in the next two years then you will have to invest in some risky stocks or junk bonds. If you want a smaller but safe return then check out some of the online banks such as Countrywide, ImmigrantDirect, etc. They pay 4 to 5 percent on a Federally insured savings account. To find out options, go to sites such as TDAmeritrade, Fidelity, etc.
  10. My advice is to start a small (even tiny) business of your own. It's risky, but the potential for great reward also exists. On top of that, you will surely learn a lot and will also experience the pride of ownership. The richest of the rich don't just invest their money in enterprises over which they have no control - they build companies from the ground up or buy struggling companies and make them better. Good luck!
  11. that depends on where u live. and how much time u can give to ur investment. and ur abilities. in general u can: 1.buy some shares of a well known company which will also send u some profit. 2.u can buy some bonds if u r too lucky. 3.ask any of ur relative if they are doing any business to add ur amount for two years in their business and give u profit accordingly. well! investment can serve u with either profit or loss n that depends on ur wisdom and luck. however a safe way of keeping ur money while having some profit out of it is to keep it in BANK.
  12. The market is a little jittery right now. You can find refuge in CDs or a reasonable risk in 'oil trusts' which you buy like stocks (NYSE) and over a two-year period would pay dividend around 10%/yr. with possible growth or loss of principle. If you have concerns of the world economy falling off a cliff taking oil prices with it, go with CDs. Or, you could go 50/50. Get some advice and don't count on your broker. They work for their boss, not you.
  13. If you want to take a bet then buy CFC calls. Again that is a bet.
  14. invest in oil, the price is going up which means more cash for you
  15. Two years is really not enough time to invest in anything other than a money market or a CD. If you want to take a chance you might want to take half and put it in a money market and then take the other half and invest it in a quality large cap value mutual fund. No promises but with the market down the way it is you could make out quite well in the next 2 years. Please email me if you have any further questions.
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