Where to invest?

Question

If one is interested in investing about $35k, what are your options and what would be the best place to invest? It sounds like the stock market is shaky, but bonds don't sound to pay well. I'd appreciate some educated responses. Thanks in advance.

Answer 1

Invest in something you know alot about is the best general advice I can give.  Stocks are really for money you won't be using for a decade or more.  Depending on your time or inclination you can look into real estate which may offer some good opportunities.  These are uncertain times in many real estate markets but opportunities abound and it only takes one.  Theres tons of collectible markets, business opportunities, etc, but you gotta know your stuff.  The best investment is always in yourself.

Answer 2

I suggest investing for the long term using index funds which cover entire markets (Domestic, International, Emerging) and bonds to diversify your portfolio.

Do yourself and your wealth a favor by reading "The Bogleheads' guide to investing" or reading the great information at this link: http://www.bogleheads.org/wiki/index.php...

I am wary of any other advice Wall Street tries to offer me, no matter how boring they try to make index funds sound. Good luck!

Answer 3

I would buy about 2600 shares of AWF if I had that opportunity.  It would pay me about 239 dollars a month in dividends.  A self directed account at E-Trade will give me total control.

Answer 4

Pick the best stock broker, one with low fees.., it took me some time to see that most of my gains were lost to the fees i paid to actually buy stock and sell it, i suggest zecco, they were recently given a great review by wall streets "smart money", and are the ONLY ones who offer free stock trades.

http://friends.zecco.com/r/a7a2877caab81...

Answer 5

Well you're right. The Stock Market is very Volatile right now.

& Bonds don't pay well.

So the most secure way for you to invest would be for you to invest that $35k on your RRSP or a Savings Account.

At least that way you'll always have your $35k.

That way in the near future when the economy gets better, you'll still have you $35k to invest in more secure lucrative options that better economy will give you for you to invest your money in.