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Hello all,
I have been scouring resources on investing, and it has come to be daunting at times, but I am persistent in finding the best strategy. I have $3,000 to invest currently (and I plan to add to it as I save more) and I want to make the most out of this investment. I plan to make this the beginning of my investment portfolio, but I am unsure on where to start and what the best way is to build a portfolio! I was thinking both low and high risk investments, but basically the most concrete strategy that has proven to work is what I am looking for! I am interested in higher risk stocks and bonds, and also mutual funds, FOREX etc (basically the whole range of investment opportunities)…. I am a senior in college majoring in Business, so I have a basic understanding on how this stuff works, but when it’s your own hard earned cash it is way more daunting. I’m hoping to hear back from you all with advice on where to start, where to look, how to evaluate the future profitability of individual investments, etc (NPV, FPV etc have any clout???). Keep in mind I am 22 years old and I have a Charles Schwab investor checking account already open. |
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Well, have you traded binary options? You can easily turn your $3000 into $10000+ in few days because it is like 75-81% payout of you investment within 30 minutes. It is like predicting where the market would be after the expiry time (within 30 minutes). So, because you say that you have a basic understanding about the forex and stocks, this might be a good investment for you. But, this is very risky. Since you were thinking both low and high risk investments, I think this is what you are looking for right now.
Based on my experiences, this investment is the fastest way to make money. I have made thousands of dollar from this business. It was hard at the beginning. I have earned a lot, but I have lost a lot. Before, I have tried mutual funds and stocks (buying/selling). They are good, but not as good as binary options. All you need to do is watch the market, like USD/JPY, USD/GBP, Microsoft, Google. Those are forex and stock market. For a beginner like you, you can start trading with $10, and if you already feel confident with yourself, you can raise your wager. For example: -If your wager is $10, then you win. You get 75-81% of your investment, so it would be $17.5-$18.1 -If your wager is $100, then you win. You get 75-81% of your investment, so it would be $175-$181 -If your wager is $1000, then you win. You get 75-81% of your investment, so it would be $1750-$1810 But, if you lose, you lose that $10. The trade is always within 30 mins, well, for some cases, you can chose for different expiry time. I hope that make sense. Last May, I started with $1000 from my pocket, and I got $500 bonus from the broker, so I used that $500 (real money that you can withdraw) for practicing. Now, it is $12,550 in my account that I can use for paying off my tuition (I am a student ). I usually do $100 wager. But remember, don't be greedy.If you are interested in this investment, and get 50% bonus on your first deposit, I can give you the link for the broker I currently use. In my opinion, this broker is good, because you can start trading with $10, so you don't have to risk all of your $3000. But, the more you deposit, the more bonus you get. But, I think $1000 is more than enough. Here is what they say on their promotion page: Invest $500 - receive 20% bonus Invest $1,000 - receive 30% bonus Invest $2,000 - receive 40% bonus and VIP status But, if you use this link, they will give you 50% bonus. Here is the link: aff.optionbit.com/l.aspx?A=597 (Sorry, I can't put a live link here, so just copy and paste) Just let me know, or PM me if it doesn't work. Last edited by 1ycs5; 07-22-2011 at 09:29 AM.. |
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Hello to of you with their nice and full of information having posts on this forum, I am seeking for good suggestions about I want to buy some stocks. I have about 30000$ that I would like to gamble on one particular stock and then sell in about one year. How much does it cost and how do I do it? Does the online broker charge a commission on the profit?
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If your online broker is charging you a percentage on profit, it's a crook.
@Brvd. Are you planning to trade heavily or just constructing you own portfolio and making sometimes some adjustment? Since you are a student, you have plenty of time ahead to recover you possible losses. You can start working on an allocation, since you have studied business it will be easy. You can start by allocating 60 % in stocks and 40% bonds. For the moment, the interest rate are very low, so it will be difficult find out some good bonds. As the market has already fallen a lot (it can fall further anyway), it is a good moment start to select your stocks. |
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