Where should I put money into right now?

Question

Lately my portfolio is not doing that well.

Now I got $5000 that I want to invest and I don't know what is the best option right now. What is the highest interest I can get on saving or CDs nowadays?

Answer 1

Put your money where your mouth is.  Do you have any personal debts that you owe to family, friends, co-workers?  Are you more satisfied by making more money with your money or giving it to someone who you consider good ground to sow into?

Answer 2

Do not invest in a cd or a savings account. The average savigs account pays out 1-1.5% Bonds average 3.39% I am a financial adviser doing pro bono work for the next 30 days. I can show you a product that has a 1% and an unlimited ceiling. Tax free. Risk free. Even has a life insurance policy in it. I can do that free of charge.e-mail me if you are interested

Answer 3

Go to bankrate. com or www.money-rates.com. There you will see the best rates in the u.s. Hope this helps. Good luck.

Answer 4

Invest in a low cost MF tracking the FTSE 100  ie British blue chips, if necessary through a broker. The stock market has fallen a lot and you will make a packet when it rises again, as it always does. In the mean time you will be getting 3.5% in dividends, rising annually.

Answer 5

As of now, nothing is really giving you a fair profit.  Stocks are unforeseeable as a definite money making; Savings interests rates are too low to beat inflation; gasoline price is still too high and it's too late to buy oil stocks.  Consumer goods double the price tags.  Only two options for you:  invest by spending your money on consumable goods at the current price because we know they're not getting cheaper or invest in foreign exchange market (forex) which is a new way to trade.  There are several brokers willing to help you succeed. Keep your money in a savings account while you learn the basics of forex.  http://forextradingtutorial.wordpress.co...

http://forexfactory.com/

http://learncurrencyexchange.com/

are some of the free tutorials you should start your reading.

Answer 6

CDs might get you 3%.  I'm in a similar boat, my stock portfolio is down 15% this year but I have had about 30% in cash.  I've made some buys of compnies that are having trouble but I think will be around in a couple years.  Look at GE, MMM, F, BAC.  Have also bought companies that are in growth sectors (gas pipelines) that pay good dividends.  KMP, ENB.

Answer 7

Here's my mutual fund selection process which should work for most investors.

I think the goal should be to make 20% per year in the market. I base this on the fact that, historically, Warren Buffett's Berkshire Hathaway compounded at 18.1%, but he did it for 3 decades.

Most investors should use this type of process:

Use the Yahoo Finance screener to choose Mutual Funds with 5star Morningstar ratings and 20% return over the past 5 years.

Split your investments among some of the top funds, trying to buy different market segments. For example, energy/oil and healthcare/pharmaceuticals.

Then run the Screener a couple times a year to adjust your portfolio. You might achieve the 20% target.

- CarlD

Addendum: My method is more aggressive.

I like stocks where the Analyst Opinion shows big gains at the MINIMUM TARGET.

For example IMAX should sell between $9 and $13 by analyst estimates.  If you saw Dark Knight, you understand.

http://finance.yahoo.com/q/ao?s=IMAX

Answer 8

It might be best if you first consult an independent financial advisor. Given you present circumstances, appetite for risk, investing time frame, they are in a good position to recommend an investment that might work for you.

Good luck!

- jim http://jsforex.blogspot.com

Answer 9

you might find 3 or 3 and a half on a cd

Answer 10

Dont put your money into saving or CD, the rate is lower than the inflation rate nowadays. You should invest in Pennwest Energy (symbol PWE), it's an energy trust. Energy prices are correcting now, I am guessing crude oil can go as low as $110, then I think it's a good time for you to invest in energy.