I just received a bonus check from the company I work for. Does anyone have some good investment advice?

Good investment advice needed

Responses:

The stock market is still too volatile for anyone without experience, so I would suggest placing it in a bank term deposit. Although it will lock your money away for a period of time, you can get a reasonable interest return, with, at the moment, government guarantee. Also, if it's locked away, you will not be tempted to spend it
put some in a multi - sector bond fund such as lsbrx. you have the prospect of decent upside more so than traditional bonds with somewhat lower risk thank stocks
I am sure everyone is going to give their two cents. Personally, if you do not want to take a risk at the moment, then I'd invest it in a CD. They are getting pretty good yields compared to government bonds and on top of them they are insured by the government. If you want to take some more risk, but safe compared to buying property or tech stocks I would invest in preferred stock of companies that have good reputations. For example, ING has a number of preferred stocks that pay high dividends stock ticker ISF - it is paying close to a 15% dividend at the moment but I think that it is a good investment
Congrats! I'd stick it in a savings account for now. Look through different investments. Determine your risk tolerance and your time horizon. If you have a while before you need the money, consider a no load growth stock mutual fund or an index fund. You may even want to put that money towards a Roth IRA. And according to how much it is, also consider a bank CD for some safety. Good luck!
Spend it on a hooker. Get something for your money!
Pay off or reduce any DEBT that you do not receive a tax benefit from. i. e, credit cards, etc. Once that is taken care of. Look at your investment accounts, and consider diversifying the taxation of those accounts. i. e, if you have a 401k, open a ROTH IRA if you qualify. 401k is TAX DEFFERRED, ROTH is TAX FREE. Otherwise, I would use short - term investments. CD's, AAA Bonds, T - Bills in the meantime. Just my two cents

Tags: preferred, prospect, growth, credit, not

Follow this dicussion..

Related Images:

Knowledge Base

Has wealth investing in real estate mutual funds?

i just invested in trowe price real estate fund. of course someone has. do you think people would buy something where they constantly lose? oh wait, it's called tickets. yes. reit's have been great but you could not pay me to invest in one right now. it sounds like you (home purchase)

What was the best investment advice anyone gave you?

my grandfather always told me the best investment was in houses and lots. whore houses and lots of whisky. my dad told me to invest in coca cola back in 1980, and wow he was right, i am not bragging but i am very well to do now. him and (home property)

What it company pay home mortgage files bankruptcy?

i pay my home mortgage to american home mortgage and i just saw online today that they are filing for bankruptcy. do not worry, your loan will be transfered to another company. it doesn't mean they are going out of business and they could always sell your mortgage to another (home investing)

Related Images:

Knowledge Base: Investment Companies

Investment advice?

i am looking to invest 30, 000. i am 40 ish and will not need the money till retirement so i am looking for a safe investment. maybe an annuity? i already have ira's. any suggestions?. if you are in the us, the safest investments are cd's. both the principal (investment companies)

financial advisors?

i am about to fire mine. yes! how can i help you? if you are in need of help, check out my teams website wavewealth.com. i recommend ameriprise financial. try primerica.com they are the financial services division of citi and offer completely free istance. what about them? (investment advice)

Investment companies?

i need a. name what the morningstar rating is, what the most recent share price is, and the year to date return is and three facts. i have no clue what any of this is. thanks :. general electric tripple a 32 per share. your best bet is to check (investment companies)

Investment Advice?

i am reading up on some of the formulas that people use. when you do a future value of a single amount, how do you figure out what i is supposed to be? i know what it's supposed to mean, but how do i figure out what it is?. compounded (investment companies)

Can anyone start a private investment firm?

if the firm is started in the uk and is private investment do you still need to be approved by the fsa? how would you head hunt fund managers to work for you? i know i sound naive, all feedback is welcome?. yes you can start private investment firm but (investment companies)

Related Images:

Knowledge Base: Investment Advice

Why is investment advice, are not to pay it?

i am constantly reading questions for investment advice on this site. most of the time the people giving the answers do not have all of the information necessary to give advice, are not qualified to give advice, and then give bad advice. yet people are willing to take this advice (investment advice)

How many people providing investment advice in this section are actually millionaires?

someone on tv once said "don't take financial advice from someone who's not a millionaire". it seems to make sense. of course, all of us are 'some - future - day' millionaires and we have the right formula, we just need a bit of time before we prove ourselves right. (investment advice)

Can give investment advice my daughters college education?

ideally i would like to have 50, 000 for her in 14yrs. and i am trying to figure out how much i need to save a week in order to do that. uming i'd earn 6% on my money in the stock market. and i'd rather not give my money (investment advice)

Investment advice?

i have been getting killed in the stock market. i bought a bunch of google at $742 and now it is down to $618 / per share. i did well with apple picking it up earlier on this year at $150 / share so no losses there. however, i have (investment advice)

How do find investment advice?

i to invest cash sale of my house. i 39 t chances i to earn a high interest. so options on moneysupermarket etc. how do i find a trustworthy financial adviser won 39 t advise me to earn commission?. talk to your bank manager. contact a financial adviser google.com / (investment advice)