I have a few savings, where can I invest my revenue?

Question

I have a few savings, where can I invest my revenue?

Answer 1

If it is savings account you have low rate of interest.  Usually, a savings bond is higher.  I have not checked recently.  Not knowing the dollar amount, you can look at gold bars.  Current price is around 29300.00 dollars per bar.  Mind you, this is solid gold.  

As to other fields, stock and bonds, you need to study the history and the latest news.  For long term growth is easier then short term growth.

Any stock is a risk, The number of items that can influence a stock are many and a number factors do not have to do with the company's actions.

Not knowing a dollar amount it get hard to suggest.  And not knowing long or short term investment take a different line of thought for each.

Answer 2

Just Fill up some gas cans!

Answer 3

if your looking for short term it sounds as if this is the site you're looking for = check out their investment strategy - it's amazing

http://www.royalcrowninvest.net/?ref=the...

Answer 4

Hey J R,

It's never too early to start investing, so I applaud your efforts to start.

I'm a big advocate of value investing in the stock markets (finding great companies to invest in, buying them at the right prices, and then selling only when they become overvalued...).   You can start investing in the stock market with very little money by opening a brokerage account with a discount brokerage firm (Charles Schwab, TD Ameritrade, Scotttrade, E*Trade, Fidelity).

Regardless of where you choose to start your investing, develop a plan for how you'd like to invest, and be consisent with that plan.  Don't invest in every shiny opportunity that comes around -- that's probably the surest way to spread yourself thin and lose much of your hard earned savings.

Hope this helps, and good luck!