Lux Investing
How can i invest my money wisely with minimum risk?
Please give me some options to invest
Public Comments
- GOLD.
- IRA, Very minimal risk and is a good investment that can later be used for other things besides retirement. Also look at Certificates of Deposit. No risk low return but good for everything
- RESEARCH FIRST
- invest it in buisness fields such as holsale n land/property buisness,or try starting your own mobile buisness
- There is a website that you may find helpful. There are several factors with investing age, long term, short term etc. Go to clarkhoward.com I have listened to him for a long time on radio regarding investing. His sight is full of very helpful information.. Good luck..
- If you don't have much, buy a CD If it's substantial, buy real estate
- OK - the absolutely minimum risk that you can get is with US govenment TBills. Check out www.treasurydirect.gov Zero chance of your money not being returned, no state tax, no commissions, and no fees at all unless you have more than $100,000 with them. The 3 month bills are currently paying almost 5%. Kind of tough to beat for low risk.
- Stuart E. Lucas author of "WEALTH" has some good ideas. One thing he points out is that too much of the investing information available does a disservice to investors. The author wisely differentiates education from information.
- Depending on your age, a Fixed Annuity purchased directly through and insurance company, not a bank or broker can yield you some of the best interest out there for no fees. They are safe, and compound tax deferred. Most companies can start you an account with $5000. Let me know if you need a contact
