Asked by jermaine  |  Submitted October 22, 2014

How do you invest?

What is a good investment?

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  Answers  |  4

October 22, 2014

A good investment depends on when you will need your money and how much risk you are willing to take. For most people, investing means saving for retirement. So that would mean participating in a retirement plan at work or funding an IRA or both. For most investors a great solution is a Target Date Retirement Fund from a low cost provider like the Vanguard Group.

$commenter.renderDisplayableName() | 09.26.17 @ 14:54

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March 04, 2015

Depends what your goals are, and what your time horizon is and what your risk tolerance is. Once you answer those, ill tell you what you need to invest in.

$commenter.renderDisplayableName() | 09.26.17 @ 14:54

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November 25, 2015

Hello Jermaine,

When people want to double their money they always think they need to invest without know how money works. First, thing you need to ask is your family responsibility, are covered when something happen to you? Think of your self like a car. One morning, your car stop work, who will be responsible for fixing it? You, or your family, or a company. You choose. Then apply that question to everything you have including yourself.

Secondly, if you can save $10 a day and find a company that will give the highest return. Pay down your debts ASAP!
There are many ways to invest first to yourself then after your established that. You can think of investing in high risk investments.

Most importantly, find a trusted Financial expert that will guide you through this process.

$commenter.renderDisplayableName() | 09.26.17 @ 14:54

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June 09, 2017

Here's the simple method, endorsed by many financial titans: Put your money in Vanguard's Total US Stock Market Fund and Vanguard's Total Bond Market Fund. Subtract your age decade (for instance use 40 if you are in your 40s) from 120 if you are feeling aggressive, from 110 if you're feeling moderate, and 100 if you're feeing conservative. The answer is the percentage to put in the stock fund. Subtract that percentage from 100% to get the percentage to put in the bond fund. Whichever percentage you choose, this is the most conservative way to put your money at risk, which you must do with your money invested for the long term, like for your retirement.

$commenter.renderDisplayableName() | 09.26.17 @ 14:54

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