Lux Investing - What should I invest money in?

What should I invest money in?

I don't have much money to invest but I would like to know where are some good places to start. I have a CD right now but it seems to be building really slow. I've also heard bonds and precious metals are the way to go right now. Any suggestions? I have a government job with the city and I'm putting money into a deferred compensation account which works with stocks. Retirement won't be an issue.

Public Comments

pl go to a local bank, Most banks will give u some good ways of investing. free of cost
Ticker symbol: TWM Thank me later.
Stock options are great. If you know what you are doing you can make money whether the market goes up, down or sideways. If you don't know what you are doing you can lose your money.To be on the safe side learn to trend the stocks for yourself before buying.
Invest in Silver, often called "the poor man's gold". Silver used to be a monetary metal, and maybe some day it will be again. Back in 1980, gold sold for 850 and silver sold for 50. Then, one ounce of gold would buy 17 ounces of silver. Today with gold near 900, one ounce of gold will buy a whopping 55 ounces of silver. It seems to me that silver, in terms of gold, is "too cheap." Silver will continue to be a great investment for at least a few more years because of these factors: (1) US Dollar is declining in value, (2) Fed continues to lower interest rates, (3) Inflation is rampant mainly due to the fact that the US Dollar is declining and other countries economies are growing rapidly, (4) Deficit is growing, (5) China and other countries want to diversify out of the US Dollar and into gold/silver, (5) the bull run in gold/silver has been strong for 5 years now and has yet to reach its final parabolic phase. Silver has made about 40% annually since 2002, and will continue to make that much until nearly everyone has heard about it and feels confident about investing in it. The FINAL TOP is nearly in when you hear it on the nightly news almost daily or it appears as the cover story on Business Week, Newsweek, and/or Time Magazine. This usually goes with the theory that everyone that will buy in has bought in, therefore, what you are left with are mainly sellers. Until then, you will make very good money in Silver. Silver is EXTREMELY easy to buy and sell. Just go to your local coin shop and ask for "silver bullion". You want to buy 1oz or 10oz bars. Don't mess with the old Peace or Morgan dollars because the buy/sell margins are higher, plus there is less demand for them from a coin dealers perspective. If you have a trading account, you can buy silver with ticker symbol "SLV". The great thing about SLV is you don't need to store it physically and you can trade it immediately.
Your first option should be to fund fully a retirement account. If you do this, and you have extra cash, then one of the best things you can do is open a DRIP Plan. These powerful investment plans are seldom talked about because brokers make very little money when they suggest them. Yet, they have proven to be one of the best, if not the best, long-term strategy on Wall Street. They are perfect for small investors, as well as big investors. They are safe and allow you to not care about whether the market is going up or down. They are a must for any serious investor. I strongly recommend looking into it. They are great plans.
Better put your money in Belarus bank. You will get a 13% rate of interest with NO RISK AT ALL because all deposits are state insured. No fees. No risk. No taxes. 13% annual interest is guaranteed by the state. I have opened such an account. ICQ: 375576529 Good luck!
Precious metals 5yrs ago gold was at $322.10 an ounce yesterday it was at $905. an ounce. Go to a coin show and purchase gold or silver eagle and hold them for a few years. I have done very well doing this the last 6 years.