Got a job haha...

[Clever]

Well just got a job and now I have 2 income comings in 1 from job other from internet. IN about 2 months I should have 1 grand. I wanna reinvest in something safe 6 month period of time with a medium percantage coming back to me for it ... I was looking at cd's but im not shore of them.. N e 1 help please?

[Bestmiler]

why aren't you sure about CD's? How old are you?

[DJ Samson]

Real Estate is probably the most manageable (I didn't say profitable) investment available. You can really manage the risk that goes along with it.

I really think it comes down to what you want. If you want a safe and small profit go with the CD. But if you're willing to risk your money for a larger investment, go with stocks/penny stocks/real estate, etc. You could also save your $$ and start a new ecommerce project...

[Clever]

Im 15 have access to a sharebuilder acc, What is a ecomerce project?

[Mad Muppet]

Im 15 have access to a sharebuilder acc, What is a ecomerce project?

an online shop.

[Clever]

What is the best way, or the best shop to start?

[keltenison]

$1 K in 2 months for a 15 yr old isn't bad (i'm considering you're working part time). CDs are more of a medium-low return investment vehicle. Real estate is a good bet, if you do your homework right. However, you're gonna need a lot more money than that to start investing in real estate.

My opinion, go with an Index Fund that gives you anywhere from 10-14% with minimal risk. An Index Fund is usually a blend of stocks and mutual funds that'll do you just fine. Vanguard is a good place to start.

Additionally, $1 K at a current rate of about 5.25% in a CD won't earn too much over the period of 6 months (maybe like $25).

[skyjoe76]

Invest in education.

Before you even invest into any investment vehicle, learn about them intensively. Most investment vehicles have returns and also risk.

Educate and learning about them reduce this risk.

[Clever]

I looked into vangaurd, looks good. Does anybody no where I can find things about a companys financle standings? Like how much money they owe, profit margin etc?? for free please I kno there around, but im shore some of you know them. Im thinking of investing in penny stocks. And yes only partime worker

[onecorp]

You can get their quarterly statements (10q) from their website or Yahoo Finance. All public companies are required to file them. They are not the easiest read, but not the hardest either.

As for penny stocks, you get what you pay for. They are penny stocks for a reason. Even at startup.

________________________________________
UGMedia - Free independent music and videos

[cube3]

Invest in education.

Before you even invest into any investment vehicle, learn about them intensively. Most investment vehicles have returns and also risk.

Educate and learning about them reduce this risk.

i totally agree!!

[jesterx]

when I was younger....i was always the entrepreneurial type I actually put together my own cd's different freeware games actually like 400 of them put them on a cd and sold them at markets and other places as well.

they sold like hot cakes and believe it or not it amassed a few thousand dollars after a while....they only cost me about $3 to make plus about another $1 for labels to make them look more professional and I sold them for $20 such a good profit so i would say try somthing like this....it was such a good business for me back then.

[jasaunders]

Wow, so much bad information floating around on these boards...

For someone who is your age, looking for a medium return for 6 months, there aren't many options. It is ridiculous to think real estate is a manageable investment, let alone think it is a short term investment (aka 6 months). Even investing in an index fund isn't a good strategy for 6 months.

My advice would be to think longer term. Try to come up with where you want to be in a few years and start paving the way for it, but don't be too optimistic (as many people on this board are). For instance, you have very little to no chance of seeing a 14% return in six months with an index fund. I suggest you continually invest your money in diverse areas. If you are going to have $500 per month to invest, spread them out and keep investing. Invest in some CD's and ladder them over a few years (the longer term the CD, the more it pays), invest in an array of stocks, bonds, and index funds. The key to the game is to diversify (as Kramer would say) but it's true. Put some money into short term investments that you can access if you need to, and long term investments that will almost guarantee a strong return over time. Then choose your investments based on the risk you want to take. At your age, you can handle a little riskier portfolio if you want... but don't plan on making any real money in 6 months.