What is the best place to invest $10,000 for just about 5 years?

Question

What is the best place to invest $10,000 for just about 5 years?

Answer 1

I would do Forex trading personally; use a trading system and continue working. That's two streams of income with no extra effort + an effective one can make $100,000+ per year.

What you do (and what I did) is make sure the trading system has a 60 day money back guarantee first; then make sure you can use a demo account. A demo account let's you play the trading game with "play money" so you can see if you can profit from the trading system without investing your real cash.

Use the demo account for 59 days and if you see you can make profit you keep the system and invest your real cash. If there's no profit to be made you get a refund and try another system; there's literally no risk when buying one.

If you're interested I found reviews of the top 3 Forex trading systems: http://forex-tracer.the-perfect-solution...

Answer 2

depends where u live..

i wud take tht 10 grand and buy a foreclosed house and sell it for 20 times tht amount. or take money out of tht house and bankrupt urself..lol..LOL..LOL

Answer 3

It depends on how active you want to be.  You can buy stocks, but you have to watch carefully and know when to trade.  You might want to look into CDs if you don't want to invest long term.  Shop around though.

Answer 4

Invest In ETF's: ETFs are cheaper than mutual funds. ETFs have very low annual expenses, nearly 20 basis points or 0.2% less. As against this, actively managed mutual funds show average expenses exceeding 135 basis points (1.35%). This does not include the extra 2% - 5% as loads, 12(b)-1 marketing fees, transactions costs, and soft dollar expenses mutual funds, passed on to you but never informed, except in very fine print that nobody cares to read.

ETFs have a lower turnover than most mutual funds. As ETFs do not require active management and hold nearly a steady stream of stocks, there is hardly any portfolio turnover. On the other hand, many actively managed mutual funds churn their portfolio many times throughout the year, leading to recurring transaction fees on every purchase and sale.

http://debts-to-wealth.com/category/Why-...