Question:

My friend who is very new to the country has 90k and wants to invest in some kind of business. Any recommendat

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ions as to what sought of business he should invest into so that he can earn good returns. Also looking as the economy should he invest? is this a good time to invest? Any feedback will be highly appreciated....thank you.....

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4 ANSWERS


  1. I would say to wait until the summer is over.  The past has been similar that the market drops quite a bit in the summer time because many of the money market managers go on vacation and tell the people there to not make any big purchases.  Plus with gas prices the market has been really volatile.  A long term stock I have been looking at is Marvel Entertainment (MVL).  They came out with the Iron Man (so far grossed 300 million) and the Incredible Hulk( so far has grossed 100 million)  movies but they wont get the earnings from Paramount into later on in the year and early in 2009.  This was there first year to produce the films themselves and not just licensing the product to some other film company. Then they dont have any movies in that year but have more in 2010.  Its 18 times earnings which is a cheap stock compared to where it was 5 years ago when it was selling for 32 times its earnings.  It wont make profits right away because they dont have many plans for '09 but if you are looking at one to sit in and then let it go for awhile then I think it could do really well.  Research in Motion (RIMM) has been doing really well lately with their Blackberry phones.  Ultimately, you usually see a lot less volume in the summer time so I would say to sit and wait around for a little bit.


  2. 90k is not a lot of money to invest... you did not specify weather your friend was looking for long or short term investing. if a 2 yr investment real estate  would make a good one with all the cheap housing around... in some areas you can buy $70k houses for $5k... you will need to do some research for that.

    if you want to make quick profits playing the gold market right now could yield the most $$$ on the quick... but could also lose it faster if one doesnt learn what you are doing before you do it... your friend could also do some hedging

    i would not rec amend the stock market at all unless you have done some major research on what you want to buy and have a really good feeling about it

  3. well theres always the stock market and with the current economy you might want to wait till it hits bottom in certain sectors before you invest in them. there are certain trends in the economy that u may want to look into such as the commodities sector and a few others that stand out in this volatile market right now. i suggest your friend looks into what they put their money into before making any decisions.

  4. I would suggest that he not take casual suggestions online to invest that kind of money.

    The coming markets are India and China -leading in exports, those might be the shores to look to, and import something to sell, but for more specifics, he should probably watch, read or listen to broadcast or print media from Forbes, Bloomberg and other financial media.

    Good luck.

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