If one was to have a large sum of money and wanted to invest in something or grow it...?

Question

What r some ways to turn this money into even more such as investing or any other ways that are safe and not risky? I would like people to give knowlodge based on experiance. PLEASE BE SERIOUS. NO CRAZY STUFF. Thank you very much.

Answer 1

You should look into mutual funds.  They are diversified and professionally managed so they are much less riskier than stocks.  I've invested with Firstrade ( http://www.firstrade.com ) for years now and have been very satisfied with their services.  I would definitely recommend them as a broker if you choose to invest in mutual funds.

Answer 2

this is how investing works.

you either have enough money to see a return thats satisfying in a short time, or you dont have enough money and take alot of risks, or you wait 50 years with your little money and get to live it up when your in a wheelchair at 70.

Answer 3

You can either invest that money in fixed income securities, or speculate in the markets. It all depends on how much risk you can handle (How much can you afford to lose), how much return you want for your money, and how soon.

You might want to consult with an independent financial advisor. They are in a position to learn about your present financial situation and can recommend investments that will help improve your future cash flow.

Good luck!

- Jim Syyap, Managed Forex Accounts

http://jsforex.blogspot.com

Answer 4

savings bonds are the safest way to get a large return on your money

long term savings bonds are even better

Answer 5

At this economic time, cash is gold.

Some says money market - inflation eats it away.

Some says index funds - 'tops and bottoms are for fools.'

Some says gold - who knows.

Some says real estates - jobs may not even be secure, let alone houses.

Drive a hard bargain when cash is gold.  Warren Buffet did.

Answer 6

If you are just looking to grow your money and will not need the lump some immediately i would look at an equity indexed annuity.  Allows you to earn a return based on the S&P 500 or Nasdaq without risking losing your money like you would have if you bought stock directly.  Has a lot of advantages over cds you don't have to pay income tax on your interest until you draw your interest out to spend it so your money could grow tax free for 5 or 10 years thus your interest will compound faster.  If interested let me know can give you some companies that offer great products

Answer 7

Depends what you think is crazy.

Take some of it and buy gold.  When the US Dollar loses all its value to inflation, your gold will be priceless.

Answer 8

There are many investment opportunities starting from stock market, mutual funds, real estate, forex market, commodity market and bullion trading etc. You have to choose your investment based on the risk factor and liquidity factor you set for your investment.