What is the best way to invest short term and long term for an 18 year old?

Question

I'm Going for basic training and tech school for the Air Force Reserve in a couple of months, and I'm gonna be gone for about 6-7 months, and i hope to bring back around 10,000 dollars. With high foreclosures i thought about investing in real estate becausei'm learning how to fix up houses with my parent's handy man, but then i want to open a brokerage account and go through and study the risks of the stock market because I love to gamble, especially with money i can afford to lose. And i think it would be fun to study companies, and see where they're going with it. I wanna bring a lot of books about investing in real estate and in the stock market when i go to basic training. So iI'mbasically asking 3 things...

What Books should i read? Whats a good 2-3 year investment strategy to get into so ill have money when i get out of college, and Whats a good long term thing to get into so when i have a family i'll be able to afford all the things i want and my family wants?

Answer 1

i think you can try overnight income investment. it more simple, workable, profitable and no risk investment. your money grow daily. just check it out at:

Answer 2

well: According to Investing  you must have A Business &

Finance  training  is very Important as  Careers & Employment

at home just be self employed  but Remember  yourself should

read a good book  ( How to Succeed with Business Mathematics )

also know about  Corporation Management

Answer 3

I have been working on this topic for a while too (when I got some serious issues to handle for my future). There are many investing companies that offer you a lot of opportunities to invest and have a variety and a long list of plans to suit your needs. But, when I was on the same track as you were I had invested my money with a real estate investor and was happy to hear that the investment was going the right way. There are good results in real estate and I believe that you should be investing in the same area.

http://blog.ira-401k-realestate.com/abou...

Answer 4

Don't do the stock market now.  It's too unstable.  Just put extra money into money markets.  Put the money into rental houses, get a management co to handle it while you are gone.  Even if it produces losses, you can offset your taxable income by about 25,000.  (check with a knowledgable tax person) .

As long as you don't have to put much more money into the house, it will build and retain equity better than stocks for several more years, while the dollar is so volitile, which will only stop when interest rates go up dramatically, which will make your rental worth more money.