I would like to invest 1000$.what would be the best investment to make it profitable?

Question

I would like to invest 1000$.what would be the best investment to make it profitable?

Answer 1

Mutual funds are your best bet when you have little money and experience.

Answer 2

Invest in yourself.  A college education and a professional wardrobe are the most profitable investments you can ever make.  

One way to get a great return is to invest in a 401K that your employer matches.  So if you choose the mutual fund with the best return over the last 5 years and it only brings you 1% over the next year, but your employer provides a 50% match up to $1200 a year, then you will get a 51% annual return.

Next to that, you would have to invest in something that provides use and appreciation.  That would be a house or a blue chip stock that pays dividends.  With a down payment on a house, your investment tends to appreciate over time, your usual rent expense becomes additional investment payments, and you have hedged yourself against inflation with a fixed rate mortgage.  With a stock like Exxon/Mobil, you can earn a dividend return and have the potential for capital appreciation.

Answer 3

i think tou can try overnight income investment. it more simple, workable, profitable, and no risk investment. your money grow daily. you can find it at:

Answer 4

You know, if you put $3000 in a savings account every year till your 65, you will have more money that somone who has save for 30 years!

Cool Huh?

Answer 5

HI,

U HAVE NOT GIVEN UR AGE N UR EARNING PER YEAR.

ANY HOW I WILL THINK ,THAT U PUT UR 30% MONEY IN UR BANK F.D, 30%MONEY IN DEBT FUNDS AND REST 40% IN ANY M.F OR IN ULIP,WHICH CONTAIN 100% EQUITY MARKET EXPOSER

"WISHING U A GOOD RETURNS"