Got $20k to invest, Any suggestions?

own3dripy · #1 10-06-2008, 10:46 AM

Got $20k to invest, Any suggestions?
I've decided to invest my money in some sort of stock in middle of this economics turmoil. Anyway, do you guys have any suggestions? Should i put in bonds? or invest in blue chip stocks. Day trading with it is out of the question as i dont have the expierence or the time, im considering a long term investment for it.

Thanks in advance

DarwinP · #2 10-06-2008, 06:21 PM

Hi there,

Have a look at my thread (linked in my signature). The strategy is beating the market by >25%, and I still have some great 50% discount coupons available for forum members.

I've got CNBC on now, and they were just talking about how one huge hedge fund lost almost 70% LAST MONTH. I'm staying away from the risky stuff - this is my retirement fund, and I don't want it to go poof!

To your success!

Darwina

FXHOY · #3 10-16-2008, 04:21 AM

If a forex managed account is something that may be of interest to you please contact me and we can chat about the risks/rewards and I can answer any questions you may have.

anjali · #4 10-18-2008, 11:06 AM

Hi there....

To be a good trader or an investor, you need to have a program or rules in place before you even start, Whether your an investor or a trader, the major rule that you must be aware of is that you never enter a trade without knowing when and where you are going to get out.

1 - A written sound trading/investment plan with rules that will not only help you but more importantly protect you, mostly from yourself. Have a good understanding of the function of the market in general and those that keep the market operational. Understand, not only the market you are trading in, put be aware of all the products and services that you can upon if needed. Understand the basics of trading such as never trade against the trend, limit any & all loses by using stop orders and lock in any and all gains with sliding stops,

2 - Sufficient trading/investment capital. Use your own money, there’s no need to go into debt so that you trade/invest. Be sure that you have sufficient monies on deposit to be able to take advantage of any & all opportunities the market provides us. To be in compliance with rules of the Federal Reserve cover security purchases.

3 - A written money management program in place. Remember never invest 100% of your capital into any one security and never have 100% of your capital invested. You never invest more than 10% of your capital into any one position. You limit your loses to no more than 10% in any position.

4 – A full and complete understanding of the rules & regulations of the industry.

Regards

johnsonmary · #5 10-18-2008, 02:07 PM

hi,I too have good $$, advice me where to spend

uday1583 · #6 10-27-2008, 02:29 AM

I would put some of my money on mutual funds and gold for long term!

anjali · #7 11-05-2008, 11:43 AM

Quote:

Originally Posted by johnsonmary

hi,I too have good $$, advice me where to spend

Forex Trading as like any other form of investing you must be knowledgeable of what you are trading before you can expect to turn a profit not trade yourself into a financial hole.

Forex trading looks simple but few succeed. A lot of the so called investment wisdom doesn't work is given by people who have never traded in their lives. You must always remind yourself that forex trading is so high profitable risky that you must do it carefully.

Remember it is margin trading expects more than 100 times as your normal investment. You need to ask yourself how much you can afford to lose. Be extremely ht with yourself about this in fact be more than ht so that you are sure to not overextend your budget cost yourself the family home.

AlleyCatNews · #8 11-07-2008, 04:43 PM

If you want to get your feet wet I would suggest buying ITRA a stock that announced a buyout at $4 per share. Currently trading at $3.65 so .35 profit when the deal closes in Dec/Jan. Which is a 9% gain and annualized is over 50%+

All the people buying the stock now are people that will vote yes on the deal as they want the easy money. So the deal should pass no problem. Very limited risk and a nice boring return very quickly.