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Question: If i have $5000-$6000 that i can invest each month for two years what is the best course of action?

(Posted by: jlsmith08 on 2010-03-11 04:37:10)

I am 23 and I know for sure that I will be able to save $5000- $6000/ month for at least two years. What would be the best suggestion for me if I want the highest return for my investment? I am new to the whole idea of investing but will definitely research and consider all advice given to me. yes, over 100, 000 would be correct

Posted by: Abasi on 2010-03-11, 04:38:13

I've heard that Nigerian princes give good returns.

Posted by: Lasse Kohau on 2010-03-11, 04:43:31

Hi, I would get a professional advice from the bank. I´m not sure, if I would follow it or not. Different analysis and tests shows, that your risk-profile (low-medium or high) combined with your chosen investmentobject and a timeline - should give you a more specific answer. Personally, if you have a long timeline and a low risk profile - i wold invest in Land or real estate. They are almost secure investments on a long road. I would never invest in shares, when not a professional investor. Good luck, BR LASSE

Posted by: Doctor Deth on 2010-03-11, 06:34:58

How much do you make at age 23 and what do you do that you have $60-70,000 left after taxes and all your living expenses? that would be take an income of well over $100,000 per yr

Posted by: tonypoe on 2010-03-11, 07:17:27

Read the following: How to Choose Investment Opportunities ehow.com/ how_5511704_choose-investment-opportunities.html