Thursday, October 7, 2010

Q&A: investing?

Question:
I just graduated from college, I have about ,000 that I could use to invest. I've never done any investing. Can anybody please tell how I could invest so that I can generate a nice amount of money without taking too much risk? which company should I use? are mutual funds the best way to start? thanks

Answers:

Answer by Rival
no such thing as great income with no risk :) if there was everyone would be doing it - called arbitrage
For begginers mutual funds are the best, not just mutual funds but index (S&P 500) pegged mutual funds. Maybe bonds (treasurybondsdirect.com) or CD or Money Market (Ing Direct). Learn about the market and then get in. Don't lose your money of the start, its not a good feeling.

Rival


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