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  1. #1
    denize is offline Junior Member
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    where to invest $27,000?

    hello!

    my dad sold a property and gave me $27,000.

    where can i possibly invest my money?

    thanks

  2. #2
    ltressel is offline YE Veteran
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    Hey Denise,

    What sorts of things are you interested or experienced in? What industry peaks your interest? Knowing those things will help you pinpoint what direction to take your money.

    LT

  3. #3
    denize is offline Junior Member
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    Quote Originally Posted by ltressel View Post
    Hey Denise,

    What sorts of things are you interested or experienced in? What industry peaks your interest? Knowing those things will help you pinpoint what direction to take your money.

    LT
    I am working as secretary to the president of a university. i just thought of putting up a caregiver school. but i still have my hesitations. my husband is into garments manufacturing industry. i dont know. competition is tough. i stick with the school but as i have said, i am still hesistant. dont know if i am ready to take that risk.

  4. #4
    rogercbryan's Avatar
    rogercbryan is offline YE Veteran
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    Put it into a high yield CD.. and leave it there... before you try to invest it.. you need to do some research.. you need to know what you are getting in to.. try an Orange Account from ING...

  5. #5
    ltressel is offline YE Veteran
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    School might be a hard one. The licensing and accreditation will probably eat your money fast enough before you can get your one student. The lease alone and marketing will take a big chunk of your money.

    Accreditation will help you get the financial aid for students which in turn becomes your income. I know a little about it because I was approached by someone to invest in his "graphic design" school.

    He told me it was like pulling teeth getting the financial aid I believe it was for the job training program. I'm not sure what the actual terminology. Sometimes the student has already graduated and they still got the money.

    Just a few thoughts on that area. However, don't give up. Keep thinking. Maybe a real estate investment of some sort. Something to hold for a while.

    LT

  6. #6
    chuff1026 is offline YE Veteran
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  7. #7
    kiddoso is offline Junior Member
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    Quote Originally Posted by chuff1026 View Post
    my export business with give you 5% per month on your money
    Do you guarantee the 5%, per month, of return? Be careful with claims like that.

  8. #8
    youngmarketplace's Avatar
    youngmarketplace is offline Senior Member
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    Well I can guarantee a 100% in 14 months. But we are only seeking $15,500. PM me if you are interested.
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  9. #9
    denize is offline Junior Member
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    Quote Originally Posted by chuff1026 View Post
    my export business with give you 5% per month on your money
    tell me more

  10. #10
    ProLogic's Avatar
    ProLogic is offline Senior Member
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    Quote Originally Posted by rogercbryan View Post
    Put it into a high yield CD.. and leave it there... before you try to invest it.. you need to do some research.. you need to know what you are getting in to.. try an Orange Account from ING...

    Speaks wise words, better have it doing something while its doing nothing. CD's is the way to go right now.

  11. #11
    edwardhalim's Avatar
    edwardhalim is offline Senior Member
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    I agree with roger in opening an orange account at ING

  12. #12
    chuff1026 is offline YE Veteran
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  13. #13
    jasaunders's Avatar
    jasaunders is offline YE Veteran
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    Invest in a high-yield savings account or ladder some CD's. At least until you determine what, if anything, you want to invest this money into. It's not a bad thing to keep money in savings, especially if you don't have a lot in savings right now (1 years living expenses). Or, as always, consider investing in your retirement, if you don't have strong retirement accounts right now.

  14. #14
    BusinessAdviser's Avatar
    BusinessAdviser is offline
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    It all just depends on your financial situation, age, goals, future plans, risk preference, interests, etc.

  15. #15
    gofrugal is offline Banned
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    chuff1026 ,
    How do u gaurantee that?
    Any thing on paper?

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