I have 45K and I'd like to invest, but don't know where. Can anyone suggest something?

Question

Here's my situation, I own a house already and make 40k a year, I'd like to make a long term investment. Thank you

Answer 1

Think Canada.

I have recently invested in two companies which while based in Canada are international in scope.

Look at,

Manulife Financial Corp:       MFC.TO, MFC.NY

Thomson Retures Corp:        TRI.TO, TRI.NY.

These are solid companies with strong earnings growth and they are known for growing their dividends on a regular basis. You can also buy them on either U.S. or Canadian indexes.

If you buy on U.S. you get a better tax benefit on dividends paid and maybe capital gains (don't know tax code on cap gains in U.S.)

If you by on a Canadian exchange you are hedging against a possible further decline in the USD. So, if the CAD goes up you profit on the currency too.

Answer 2

There are sevral avenues keep in mind the market will not change for at least the next  several months. So what alot of Intellegent investors are doing is moving to fixed income or defensive portfolios which bring in a steady income along with build as a new investor a foundation. I can point you in the right direction ( 11% return)  but the rest is up to you!

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Answer 3

Stock market is going to go nowhere in the next six months. Being so, every one is moving their money to fixed income securities, driving down the yield on most bonds with this surge in demand.

There's a buyer's market in real estate at the moment, but that market is not going anywhere too--it's going to get worse before things get better.

It would be best to talk first to an independent financial advisor.

Hope this helps.

- Jim http://jsforex.blogspot.com

Answer 4

Here's a great free resource.  For a free subscription to BRUCE KENISON'S MARKET TIMING SIGNALS e-mail newsletter and a free Special Report entitled THE KENISON COUNTING NUMBERS STORY, send a blank e-mail with "Subscribe" in the subject line to: [e-mail]  ------------------Bruce Kenison is the publisher of BRUCE KENISON'S MARKET TIMING HOME STUDY COURSE, 5TH EDITION which details how the unique and powerful KENISON COUNTING NUMBERS market timing system works.

Answer 5

You could follow the example of my experienced grandmother. She is very conservative with investing. She puts all her money in the high yielding bank account at 12% apr paid monthly (1% every month) though I offered her many times to invest with me in business at 40% per year.

You deserve something better. Email me at: pupking(at)luckymail(dot)com for a professional advice.

I wish you success!

Answer 6

well my parents invested in SIRI which went down a ton from like 60 down to 2 but my parents got it at 7, but now its going up up up, just today it went up 13 cents and its a 2 dollar stock hope this helps