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Making a bank account is not necessarily the best way to invest money. There are savings accounts that earn decent, predictable returns. However, there are so many investment opportunities available that one should not limit themselves to just this.
you don't get blood on them in the first place
Acorns is a micro investing app that helps people save and invest for their future. Over 3 million Americans use Acorns to help set aside a little from their everyday purchases. source: 2u.pw/yCAwBO+
The best way is to build a "paper portfolio." This is a scholastic exercise in which you create a pretend account, buy stocks with a fixed amount of money, and track how they perform. Once you can consistently make a pretend profit in your paper portfolio, you're ready to invest real money in real stocks. When you do invest money, I would start with companies that are in industries you already know about. Build a paper portfolio with those companies; choose a few that perform well and invest in them. A great website you can practice this would be on www.updown.com.
Since this is a short-term investment, you probably don't want to put your money "at risk" of going down. Try a high-yield Internet savings account. Click on the link for one that is currently paying 3% (variable, as on 6/2008). This will earn you about $112 on your money for the 3 months.
The best thing to do with an extra $1,000 is to deposit it into a savings account that will earn interest. This is the safest way to invest your money into your future without worrying about losing money.
No Way Unless You Do The Artical And Win But You Only get 10,000 dollars (coins)
If got 17.3 billion dollars, it make me suprise why should it invest. because that's enough to live hole life happily, childrens life and maybe grand childrens life happily. My idea is invest it on Film industry, for an quite better Sci fi or action movie..
Life insurance and annuities.
Invest with a financial institution rather than a school, since it provides the most flexibility.
The best way to prepare for his education is to open a 529 savings plan. Research before you invest at http://www.savingforcollege.com/intro_to_529s/what-is-a-529-plan.php
Investing through mutual funds is the best option.
Invest in an ETF of the Dow Jones Industrial average.
Investing at the young age is the best way to do it.. Living Example: Warren Buffet...
The best way to learn how to invest in stock is to get help from a professional broker. If this is not an option for you I will suggest going to investopedia and learnign the basics of stock buying. Then watching cnbc and bloomberg daily to keep up with all the the daily stock information.
The best way to save for your retirement is to invest in tax deferred accounts like your company's 401(k) or 403(b) savings plan. You can also invest in your own individual retirement account (IRA) for more tax deferred choices.
Making a bank account is not necessarily the best way to invest money. There are savings accounts that earn decent, predictable returns. However, there are so many investment opportunities available that one should not limit themselves to just this.