Comments on: I have $1,000 dollars. What would be the best way to invest it to turn out profit quickly? http://multimillionairemagazine.com/index.php/i-have-1000-dollars-what-would-be-the-best-way-to-invest-it-to-turn-out-profit-quickly/ Investing Information For MultiMillionaires Sat, 14 Apr 2012 23:31:51 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: BigBen http://multimillionairemagazine.com/index.php/i-have-1000-dollars-what-would-be-the-best-way-to-invest-it-to-turn-out-profit-quickly/comment-page-1/#comment-409 BigBen Mon, 09 Feb 2009 08:13:32 +0000 http://multimillionairemagazine.com/index.php/i-have-1000-dollars-what-would-be-the-best-way-to-invest-it-to-turn-out-profit-quickly/#comment-409 if you have your own business, better reinvest that money first. but if you don't, better put it in CD or top performing mutual funds. in the same time, accumulate more wealth and knowledge, and invest in stock market when you have what it takes. Step-by-Step Stock Investing for Beginners if you have your own business, better reinvest that money first. but if you don’t, better put it in CD or top performing mutual funds. in the same time, accumulate more wealth and knowledge, and invest in stock market when you have what it takes.

Step-by-Step Stock Investing for Beginners

]]> By: Terry http://multimillionairemagazine.com/index.php/i-have-1000-dollars-what-would-be-the-best-way-to-invest-it-to-turn-out-profit-quickly/comment-page-1/#comment-408 Terry Sat, 07 Feb 2009 22:11:40 +0000 http://multimillionairemagazine.com/index.php/i-have-1000-dollars-what-would-be-the-best-way-to-invest-it-to-turn-out-profit-quickly/#comment-408 There really are no quick ways to get rich, unless you have a great singing voice, can play ball professionally, or are an excellent actor. Most people make money by investing early in their lives, then leaving the investment in place for a long period of time. Regular investing over the long haul (20 plus years) is how most people can and do end up millionaires. With $1000 as your starting amount, you are somewhat limited. There are two options I'd suggest. The easiest and safest would be to open a ROTH IRA at Vanguard (http://www.vanguard.com) and then put the $1000 in to their Star mutual fund. This is their starter fund. It is actually a 'fund of funds' and as such spreads your risk of losing money. It has good performance (currently returning about 15%) and it is a no-load mutual fund (you don't have to pay to buy the shares in the fund). The management fees are low, and you won't have to pay a maintenance fee with Vanguard if you sign up for email delivery of all documents (otherwise, they'll charge you $20 a year for mailing statements etc). Go to their website, call their 800 number and talk with a representative. There really are no quick ways to get rich, unless you have a great singing voice, can play ball professionally, or are an excellent actor.

Most people make money by investing early in their lives, then leaving the investment in place for a long period of time. Regular investing over the long haul (20 plus years) is how most people can and do end up millionaires.

With $1000 as your starting amount, you are somewhat limited. There are two options I’d suggest. The easiest and safest would be to open a ROTH IRA at Vanguard (http://www.vanguard.com) and then put the $1000 in to their Star mutual fund. This is their starter fund. It is actually a ‘fund of funds’ and as such spreads your risk of losing money. It has good performance (currently returning about 15%) and it is a no-load mutual fund (you don’t have to pay to buy the shares in the fund). The management fees are low, and you won’t have to pay a maintenance fee with Vanguard if you sign up for email delivery of all documents (otherwise, they’ll charge you $20 a year for mailing statements etc).

Go to their website, call their 800 number and talk with a representative.

]]> By: singaporetayyc http://multimillionairemagazine.com/index.php/i-have-1000-dollars-what-would-be-the-best-way-to-invest-it-to-turn-out-profit-quickly/comment-page-1/#comment-407 singaporetayyc Thu, 05 Feb 2009 10:42:28 +0000 http://multimillionairemagazine.com/index.php/i-have-1000-dollars-what-would-be-the-best-way-to-invest-it-to-turn-out-profit-quickly/#comment-407 i have a super good opportunity to be a millionaire for you email me =) i have a super good opportunity to be a millionaire for you

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]]> By: amysgetaways http://multimillionairemagazine.com/index.php/i-have-1000-dollars-what-would-be-the-best-way-to-invest-it-to-turn-out-profit-quickly/comment-page-1/#comment-406 amysgetaways Tue, 03 Feb 2009 16:15:53 +0000 http://multimillionairemagazine.com/index.php/i-have-1000-dollars-what-would-be-the-best-way-to-invest-it-to-turn-out-profit-quickly/#comment-406 You could look at what I do. I own an on line travel agency with a really great company. It is publicly traded. It has the best commissions in the industry, awesome tax benefits, and I love the travel agent credentials. You have more than enough to invest and become your own business owner. The company has excellent mentoring, training, and support. It is not hard work, just send people to your website to book travel at very competitive prices (like using orbitz, expedia, travelocity...). I advertise on my van, had out flyers and business cards, post on bulletins, and good old word of mouth. You could look at what I do. I own an on line travel agency with a really great company. It is publicly traded. It has the best commissions in the industry, awesome tax benefits, and I love the travel agent credentials. You have more than enough to invest and become your own business owner. The company has excellent mentoring, training, and support. It is not hard work, just send people to your website to book travel at very competitive prices (like using orbitz, expedia, travelocity…). I advertise on my van, had out flyers and business cards, post on bulletins, and good old word of mouth.

]]> By: Genny http://multimillionairemagazine.com/index.php/i-have-1000-dollars-what-would-be-the-best-way-to-invest-it-to-turn-out-profit-quickly/comment-page-1/#comment-405 Genny Tue, 03 Feb 2009 04:55:21 +0000 http://multimillionairemagazine.com/index.php/i-have-1000-dollars-what-would-be-the-best-way-to-invest-it-to-turn-out-profit-quickly/#comment-405 Retirement saving fund Retirement saving fund

]]> By: nminto67 http://multimillionairemagazine.com/index.php/i-have-1000-dollars-what-would-be-the-best-way-to-invest-it-to-turn-out-profit-quickly/comment-page-1/#comment-404 nminto67 Sun, 01 Feb 2009 08:00:16 +0000 http://multimillionairemagazine.com/index.php/i-have-1000-dollars-what-would-be-the-best-way-to-invest-it-to-turn-out-profit-quickly/#comment-404 Give it to me... I will double it for you in 3minutes... Honestly, I will... Give it to me… I will double it for you in 3minutes… Honestly, I will…

]]> By: storeonwheels http://multimillionairemagazine.com/index.php/i-have-1000-dollars-what-would-be-the-best-way-to-invest-it-to-turn-out-profit-quickly/comment-page-1/#comment-403 storeonwheels Sat, 31 Jan 2009 12:45:58 +0000 http://multimillionairemagazine.com/index.php/i-have-1000-dollars-what-would-be-the-best-way-to-invest-it-to-turn-out-profit-quickly/#comment-403 open up a money market account or invest it in a certificate of deposit open up a money market account or invest it in a certificate of deposit

]]> By: Jeff J http://multimillionairemagazine.com/index.php/i-have-1000-dollars-what-would-be-the-best-way-to-invest-it-to-turn-out-profit-quickly/comment-page-1/#comment-402 Jeff J Fri, 30 Jan 2009 06:59:18 +0000 http://multimillionairemagazine.com/index.php/i-have-1000-dollars-what-would-be-the-best-way-to-invest-it-to-turn-out-profit-quickly/#comment-402 you can earn high interest rates by loaning out money on prosper . there is risk, but you can get great returns if you are careful, I am getting around 15% on my money and have had no lenders default on their loans. Good luck you can earn high interest rates by loaning out money on prosper . there is risk, but you can get great returns if you are careful, I am getting around 15% on my money and have had no lenders default on their loans.

Good luck

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