Lux Investing - What is the best way to invest money ?

What is the best way to invest money ?

Hi , With the intrest rates falling in banks, can anyone suggest what is the best place to invest money in at this point of time ? Thanks

Public Comments

open an account at Vanguard.com easy easy easy
Get involve with a network Marketing company. You need little invest on money -- a little bit of time and the return is ABSOLUTELY AWESOME ....
well you should deff. try and get an account for IRS to invest with a savings bond i mean it will be amazing then you can not only save but invest!!!! good luck
That's a tough question. Especially with the stock market in the condition it's in right now. I looked into the same thing and found that the least risky way is to put your money into a higher interest savings account or a money market account and let it collect interest. You can find several online savings accounts that offer over 3% right now. I'm not an accountant or anything, so take this with a grain of salt. Good luck!
Real Estate! It is definitely a buyer's market at this time. Look for tax sales, foreclosures, etc. If you got money, you can't go wrong with real estate. In a few years or maybe even next year the market will take the same hike up it did in 2002-2006 and that's when you cash in.
Stocks.
The best way to invest in today's market is the housing industry. It is also NEVER to late to start an IRA; there are several types, "Roth" IRA for example. The reason the housing industry is the best is because house rates are at historic low rates and many people have had to foreclose or even go bankrupt due to their signing of high interest home loans and the inability to pay them with the rising prices and taxes in the economy. Many family's are "downsizing" whereas there are many up and coming "successful entreprenuers" that are looking for homes, me being one of them and I can name a dozen associates of mine that are also looking for houses at this time. I am about to come into a very large sum of money from a settlement and the first thing I am going to do is put it in a high yield "CREDIT UNION" account. Credit unions ALWAYS have higher interest yields (obviously the more money you have in the account the more money you will make off of its interest), the only "downfall" that some people see in credit unions is that they charge you a monthly fee (ONLY if you do not keep the minimum amount of money they ask to be kept in the account, usually around 300$). Your right, banks are very sketchy right now. Also places like "Edward Jones" and "Scotts Trade," created to "assist" you in turning your money into a larger amount really ONLY nickel and dime you, My boyfriend and I both have separate accounts, separate IRA's we started when we were 18. ITS NEVER TOO EARLY OR LATE like I said before. These companies find ANY WAY to make money off of you, which... lets face it we know they have to make money; but not off of EVERY transaction made. Like when we go to put more money into our Roth IRA accounts just because we have some extra money saved up, we get charged, FOR PUTTING MONEY IN OUR ACCOUNTS and some guy that doesnt even know us but pretends that he does, makes commission off of us. ... So my best advice is to start with a credit union, prefferably "Safe credit Union" or "Big Valley Credit Union" (which has higher interest rates and helped me build high interest yields off of just a few thousand, there are just not many locations). DO YOUR RESEARCH, it is very important to know where you are putting YOUR MONEY and what it is being used for. One thing I definitely recommend is that if you open an account at a place like Edward Jones and get a "financial advisor" they are really only advising their own financial future (by making money off of you). So make sure to do PLENTY OF YOUR OWN RESEARCH and make sure you are on top of your accounts; closely monitor them! Whereas I have had a business associate not look at their account for a year and it ended up doubling its total balance in ONE YEAR due to investments made by the financial advisor of the account (it is really hard to find one that doesn't just have their own personal interests in mind). I have also had a friend not monitor their account and then one day they recieved a call from their so called financial advisor stating that they had a huge problem and that the stock market took ALL of his money. This is why I recommend monitoring your own money and putting it into a credit union account. Check out the different types of IRA's, some of them you can control the investing on your own. Make sure you study your investments, the businesses and companies that are "healthy," "stable" and "strong" in the market (i.e. google, hewlett packard, intel, etc). You should do fine as long as you educate yourself as MUCH AS POSSIBLE about these things BEFORE you "plant" your money anywhere. The good thing about credit unions is you can remove your money without penalties and fines when you need it, when using a financial advising company THEY ALWAYS CHARGE YOU! Usually very heavy penalties too. Hope this helps... remember RESEARCH, RESEARCH, RESEARCH... ITS YOUR $MONEY$
low interest rate usually means higher return at stock. Commodities stocks are hot now
Depends on your time frame. If you're going to need the money in the next 5 years, keep it in CDs and money markets. If your horizon is over 5 years, look at stock and/or bond mutual funds (and, yes, Vanguard is a great fund company - also Fidelity and T. Rowe Price).
The biggest danger at the moment is to rush into the market. It appears that everything is declining apart from commodities and they are risky because a recession could hit them hard although it is probable that the downside is outweighed by their potential upside. A notable fact is that Warren Buffett has a lot of cash lying around at the moment and is looking for good buys. This is the position I suspect that people should be in. Now is the time to study the market and evaluate who will survive the current problems and wait until the market has bottomed out. This may take some time.
Buy GOLD!!!! PHYSICAL GOLD! Not paper gold! Trust me, Gold today = apprx 900 Gold by the end of the year = apprx 1200 Gold by the end of next year = !!!!!!$$$$$$$ Good luck
The best way to invest money is to invest in someone's business. I have invested in my friend's small business and now I am getting guaranteed 40% annual interest. Please email me for more details. I wish you success!