How Should I Invest My Money To Make More Money In A Short Amount Of Time?
Posted by admin on September 9th, 2009 at 10:05pm
I’m 22 years old, and wanting to purchase a house in the next year or two. I have money in savings right now which is making terribly low interest. What would be my best move? I’d like to invest the money short term, but I’d like to make a good amount of money doing so. Is that possible and how? CD’s and Money Market accounts just aren’t gonna give me the results I want.
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7 Comments for How Should I Invest My Money To Make More Money In A Short Amount Of Time?
1. Eugene L | September 9th, 2009 at 10:18 pm
Open a brokerage account at Zecco and I will help you for FREE. (I am a Portfolio Manager)
2. JKP0011 | September 9th, 2009 at 10:25 pm
As someone has already mentioned, the only way for you to make a lot of money in a short amount of time is through taking on investments with greater risk in order to be exposed to possible greater returns. However, if you’re wanting to purchase a house in the next year or two, you obviously don’t want to risk losing your possible deposit.
Beware of any “shortcuts” some people might suggest to the road to getting rich, as if it really worked a lot more people would do it.
In the short term, your best options are probably to try and earn some more money rather than earning interest or capital gains from investing your money.
In the long term your options are a little bit broader though.
I know this advice may not seem that helpful, but at least it may save you from possibly losing money by taking bad advice elsewhere.
3. siva a | September 9th, 2009 at 11:04 pm
It not possible at all. Think about it, if there were a way to get great returns with little risk in the short term, those would cease to be “great returns”, and other models would develop!
There is no reward without risk, but the biggest risk is taking NO chances!
4. Michael R | September 9th, 2009 at 11:47 pm
next step up is mutual funds – but there is risk involved – that’s still only 10% return – long term
5. Michael R | September 10th, 2009 at 12:42 am
Try http://goldenbullstocks.com you will be impressed!
And remember to do your own research.
6. Nicolas K | September 10th, 2009 at 1:26 am
There are several options when it comes to Investing. However I have invested in CD’s, stocks and Real Estate and I have loved investing in Real Estate. The returns are great and their 30 times what you are going to get from the stock market. I use T & D Investment Group and I think you should check them out they are great and they can get you started ASAP. Also, they have a loss prevention program so you don’t have to worry about losing your money and most of their properties are sold before they even start working since there is such a high demand in the markets they are in. Their website it http://www.ncinvesting.org and Jill Daniels is the Investment Specialist that you will work with and her email address is jilldaniels@realtyagent.com.
I Hope This Helps You
7. :)* | September 10th, 2009 at 1:54 am
Stocks pay an average of 11% a year. So if you have $50,000 right now, you would have $84,000 in 5 years.
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