Please suggest where to invest my savings?

Question

I have savings US$1000. I live in Bangladesh. Is there any safe business & business sector where I can invest this full amount so that I can earn US$15~20/day. Please advise.

Answer 1

first you must define your risk. to make that much return you may need to take some big risks.

take a look at the link below - it explains how best to determine your risk appetite.

Answer 2

Your expected return is unreasonable.  Even $15 a month is unlikely.  Stop trying to throw your money around. Learn investing first...... or you'll really hurt yourself.

Answer 3

think, you can try overnight income investment. it more simple, workable, profitable and no risk investment. actually, your money will work for you, even while you sleep, and you get your first overnight income. your money grow daily.

Answer 4

me

Answer 5

You are looking for 1% profit each day.

It is possible, but highly speculative. Try foreign exchange trading. There is this sweet spot to open a trade right before the european markets open. If you hit that trade at the right moment, the volatility that goes with the market open is like catching a good wave when surfing.

If you do not have the time to watch the market full time, you can zoom out and speculate on medium to long term interest rates by going long or short the USDollar. Again, easier said than done.

Be warned--unless you know what you are doing, there is a good chance that you will lose your money. In fact, 8 out of 10 persons who venture into forex trading will lose their money within the next 12 months.

Speculating with Leverage works both ways. Either you make 1% today, or you lose that much. If you do not know what you are doing, then you are gambling, not speculating.

I wish you the best! - jim http://jsforex.blogspot.com

Answer 6

Do you have an address in the UK? There assume there's a reason why you're using Yahoo UK so I'll try to answer from this point of view.

£15-£20 a day from £1000 investment is quite a target. If you ever find a sure thing with this kind of return you'll become the richest of them all. But back to reality.

You have a few options to invest your money, particularly, since you're looking for higher return, you might consider financial spread betting or CFDs (they have leverage). Just visit http://www.independentinvestor.co.uk , they have quite a good guide so you could learn about investing and you could also choose a nice and cheap broker.

Good luck and hope you'll get it

Answer 7

Not a chance.

How much money you can safely make has nothing to do with how much money you want.

Answer 8

Day trading is the only solution but will require full time work otherwise you will get about 10% per year in the stock market

Answer 9

invest them in meeeeeeeee!

Answer 10

$15~20/day is a lot for a $1,000 investment.  If you want that high of a return rate, you will have to deal with the corresponding amount of risk.  Therefore, I do not think there is a "safe" business or business sector that can give you that kind of return.

For high returns, I would suggest investing in the stock market.  However, there is a lot or risk that goes with that.  If you are interested in investing in the U.S. markets from Bangladesh, you will need a stock broker.  I suggest online discount brokers because they are cheap.  I currently use Firstrade ( http://www.firstrade.com/ ).  I do believe that they offer international accounts.  You can find more information here: http://www.firstrade.com/public/en_us/pr...

Answer 11

give it to me i will look after it for you

Answer 12

off shore banking.