Thursday, January 27, 2011

What should i do with my money?

What should i do with my money?

Im a 19y/o university student I have about 8500aud in the bank. My tuition and accom for the next 3 years are already paid for. I am looking into investment options forex stock exchange high interest accounts.. I have no idea where to begin. What are your suggestions? Buy USD on forex how do i do this? and wait for the usd to rise again?.

Asked by Paul about Personal Finance


Send your money to me is the best solution I can think of.

Answered by David

Send your money to me? jk lol But investing your money is a good choice.

Answered by Andrea

Its all depends on your interest. What your mind tells you ? what business are good for investment? stock exchange bank interest all options were old. In my opinion If you are interested in property investment because property value increase with the passage of time. I have search a site http://www.bayut.com through yahoo this site have a lot of detail about Dubai property and rental apartments. Do you know dubai property price are almost 50 off nowadays and that is a good time for investment in Dubai.

Answered by Sara Maritn

1. Put the money in a high interest savings account and forget about it. 2. Put half the money in a high interest savings account. Invest the rest into reputable companies like Apple Microsoft Facebook Google. 3. Invest in real estate.

Answered by ?

I cant give you a good advice about what youre doing with your money but before you choose Forex think twice it is a high risk investment. You may lose your entire money so easily there If you dont know what you are doing in forex market. So If you choose forex: you should learn a lot on how forex operates before you invest. First of all you need to know how the industry operates know which strategies are the best to use practice on some demo accounts find a good broker then invest. If you are a newbie. I recommend to begin reading some tutorials for highly informational guides videos articles and ebooks for free. best of luck.

Answered by Michael Truman

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