Elissa Curlin: I too had this money at your age, unfortunately nothing can really be done with it as far as professional investing is concerned. If your parents are like mine they won't want to be putting contracts down for you. Term deposits are often a good medium term investment and you can use these now I believe without your parents signing things (otherwise you may have to wait another year) If your parents will help you out I think you should go with shares. Try and diversify them slightly if you go with this option....Show more
Fritz Hawkey: I have just recently started using Ebay and i keep on seeing all this PayPal stuff, what is it? Should i use it? Advantages, Disadvantages? Is it all that important?
Sharolyn Claybourn: Sadly, the rates on savings investments are presently pretty poor. About all you can do is go with a 6 to 12 month CD and hope when it matures the rates are better.If, however, you are going to be leaving this money sit for sev! eral years, check with your local bank about buying inflation protected federal savings bonds, known as I-bonds. This site: http://www.investmentu.com/IUEL/2006/20060213.htmltells a bit about them and they can be bought here:http://www.savingsbonds.gov/indiv/indiv.htm...Show more
Jannette Kotz: Definitely check with your parents before taking anyone's advice. May I suggest a DRIP Plan. They are seldom talked about because brokers make very little money when they suggest them. Yet, they have proven to be one of the best, if not the best, long-term strategy on Wall Street. The best part of these plans are you get the opportunity to get generous returns from large Blue Chip companies like General Electric, Pfizer, Walmart.....etc......these big companies offer less riskThey are perfect for small investors, as well as big investors. They are safe and allow you to not care about whether the market is going up or down....Show more
Rosalia Hibler: Congratulation! You! 're only 15, managed to save $1K-$2K and begin to think about ! investing instead of buying fancy stuff. This is a very good attitude in managing your money. I can almost guarantee you'd become a millionaire before you're 32.Unfortunately, you are only 15 and by law, you cannot trade stocks yourself. You have to have your parents to do it for you. But, this is a good start.To be safe, buy big cap stocks. Stock price fluctuates 10's of 1000's every day. This is a natural thing. There is no such thing as cheap stocks but there are such thing as good fundamental stocks. Can anybody tell me any one stock in the world in human history that never got hiccups once-in-while due to short-term mismanagement and error in decision? If not, then tell me what's wrong with companies such as Citigroup or Bank of American that having Trillion dollars in asset and pay more than 6% in dividend.You've got my point, right?Remember, you're only 15 and stock needs time to grow. You have both....Show more
Coleman Deliberato: If you want a quick return on! your money then trading in cfd,s is the way to go. You dont actually buy shares as such but buy a contract on the assets. You then earn or lose money on the opening and closing price of the asset. Many people have got rich very quick from cfd's but there is also the risk of losing money quickly.Finding a broker will help as they can advice you on stops that sell when the asset falls below a certain amount you can afford to lose.you can find more information athttp://www.cfd-to-cfd-trading.co.uk...Show more
Morris Cuomo: If you never setup an account with them yourself then this sounds like a scam. I would get with my Attorney and let him handle this problem.
Buster Exline: paid out my partner on January 1, 2008. So then, last week I got a letter addressed to the company regarding the company's lehman bros. account, for the bankrupcy settlement. I didn't know about any such account. Called numbers, but they are such a mess, I don't expect any response. So WH! ERE DO I TURN?
Imogene Neiswander: Definitely a DRIP Plan with a ! Blue Chip stock. Choose a stock like US Bancorp, Walmart, Merck.....etc.....Check with your mom and dad !!
Salvatore Walls: Using a coupon to discount on the most expensive item, or discounting your whole total? ex: I went to a crafts store with a coupon and the woman said"would you like to use it on the most expensive or the total value?"so i chose most expensive.would this be economical to do?...Show more
Tomi Vauters: It is free and PayPal provides a layer of protection between your personal information and the seller. I use it and am highly happy with PayPal. In fact, I refuse to purchase from anyone selling on the internet who does not use PP.all my best.
Filiberto Amauty: If is was a percentage off the total value.
Toya Braskett: paypal is an electronic payment system. advantages:-faster payment transactions (opposed to mailing a check or money order, having them deposited, and waiting for them to clear)-broadens your potential customer pool ! (most only pay with paypal)disadvantages:-fees (for sellers)-some feel they fall short on seller protection
Hyman Coren: well i got 10 reason why this is the right answer to your question.this opportunity has0. zero dollar investment is need1.8 year track record2.over 1 million affiliates3.FREE to join4.Training course worth 500 dollar for free5.200 countries6.over 50 ways to earn income7. residual income8.earn as much as you can9. live support10. No 1 online businesshttp://www.iwantwebsite.com...Show more
Seema Hosfeld: you could open a online trading account, buy some big cap dividend paying stock and sit on it. without knowing your time horizen for wanting the money back it is hard to be more detailed. there are a lot of places (Banks, capital one, aig, etc.) where you could deposit it and earn 4 to 5 % safely and still have access to it quickly.
Giovanni Malool: Here's a new idea: books/videos. Get a library card (if you don't already have one). Get a ! discount card from your local Barnes and Noble booksellers, or go to th! e "premier" status on Amazon.com. Now, start reading and learning. A good start is Investing for Dummies by Eric Tyson, MBA. He goes into the basics of the three major classes of investments: Real Estate, "Wall Street", and Businesses. After reading and digesting, you will know which one you like most. For me, since I'm a Math fan, "Wall Street" was the pronounced answer. Start with the category you like most.For Real Estate, read Russ Whitney, Donald Trump, Robert Allen, and go from there. For Wall Street, read Peter Lynch, Phil Fisher, Willian O'Neil, Mary Buffet, Benjamin Graham, Wade B. Cook and go from there. For Business, read Donald Trump (Entreprenuer 101 and Marketing 101), and go from threre (as you can see, I know the least about building businesses---but not for THAT long).Right now, invest in your education. Read the innovators and masters of investing and learn from each. Attend any of the 'free' (not free what they sell, but at this point the presentation wil! l show you a new world) seminars in your area. Also, read all the RichDad books and look at the wealth of information on his website. Buy cashflow 101 (I have the e-game), and play it often. Also, get Monopoly and play it often (the PC version is only $10). There's also a Trump board game, but I have not opened mine yet.Oh, and above all--HAVE FUN!...Show more
Felipa Nosis: Better invest overseas.Alternatively try to invest in someones business. You may receive up to 20% guaranteed interest per year. You will not get such high guaranteed returns on stocks, mutual funds, bonds or CD's.If you invest $1,000 at 20% APY, you will have $2,488 in 5 years. I run my own business and my net profit is over 5% a month.Email me at investment4us@hotmail.com and I'll give you a valuable advice if you are serious about investing. Please don't forget to mention your question and screenname on Yahoo Answers.Best of luck!...Show more
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