How can I invest $1000?

Question

I saved $1500 over the last few months, from doing odd jobs, pet sitting, errands, landscaping etc, all paid cash, I will use $500 on a trip, but the $1000 I wanted to put away, not much options on a big return,

What are T notes, and can I buy a $1k tnote? how does that work.

will i get in trouble for not paying taxes on this $1500. ?

or should I just keep in in an old shoe in the closet...

Open to suggestion

Answer 1

It's up to you what type of risk you are willing to accept.  I have no specific suggestions for you, but I found a very good article on investing in blue chip stocks.  Here is the link:

http://www.finduseful.com/richstock.htm

Personally, I think the trading strategy described in that article is sound, and my father uses a strategy based on similar assumptions.

Good Luck!

Answer 2

Depends how old you are. Your parents could get you a savings account at the bank, usually when you open a savings account the bank gives you money. I dont remember exactly how much it is and I think it depends on the bank. And no you dont have to worry about paying taxes

Answer 3

on me and more then that you  will envist

Answer 4

you might want to take a look at

www.Autotradingservice.com - 1K is enough to start there