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How would you invest a $1,000 to get the best return

Posted by on Jul. 25, 2014 at 3:40 PM
  • 13 Replies

How would you invest a $1,000 to get the best return??

by on Jul. 25, 2014 at 3:40 PM
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Replies (1-10):
melliburger
by Melli on Jul. 26, 2014 at 2:10 AM
NO idea sorry :(
Barabell
by Bronze Member on Jul. 26, 2014 at 10:48 PM

I'm not exactly sure what you're asking. It really depends what your options are and over what time frame.

aj23
by Member on Jul. 26, 2014 at 10:56 PM

It depends on how long you want to invest it and if there's any chance that you would need access to the money at any time in the next few years. Plus you have to consider how much of a risk you are willing to take. There's too many factors to say one thing or another because what's right for one person may be a very bad idea for another.

kmqw229
by Bronze Member on Jul. 26, 2014 at 11:23 PM
Not sure
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.Angelica.
by Member on Jul. 27, 2014 at 10:46 AM
Not a clue
chicken13
by Silver Member on Jul. 27, 2014 at 12:59 PM
2 moms liked this

If you have any debt.....it's probably your best return. 

MonarchMom22
by Member on Jul. 27, 2014 at 1:03 PM
1 mom liked this

If you qualify, I think an IRA in a Vanguard mutual fund is a good way to get started investing.  You will get an income tax deduction I. The year you invest - so that is a15-20% return right there.  It will grow tax free until retirement age, and will start your retirement portfolio is you don't have one yet.


lillybug222
by Bronze Member on Jul. 27, 2014 at 1:04 PM
Unless all debt was paid off, and I had a substantial amount in savings, I wouldn't invest $1000.
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angelaicky
by Member on Jul. 27, 2014 at 4:25 PM

Thats not very much, can you invest anymore?

Read this, Im sorry I dont know how to change the settings on my Firefox and it won't let me link.

www.forbes.com/sites/investopedia/2012/03/29/how-to-invest-if-youre-broke/

momofsixangels
by Bronze Member on Jul. 27, 2014 at 5:38 PM

I dint know. Sorry

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