Posted on November 6, 2007 at 2:31 pm Am just transfering some money from an old bank account. I'd like to look at the possibility of investing this. If so what should I need to know and what sort of options do I have?

Posted on November 6, 2007 at 2:31 pm If you are going to invest it, I assume you don't have any debts to pay and have an emergency fund. If that isn't the case, that's where the money should go first. The interest rate on your credit card represents a return on your money. If you have an outstanding balance on a credit card that is charging you 20%, you get a guaranteed, absolutely safe return of 20% on your money. The only other absolutely safe returns are treasury bills and insured Certificates of Deposit. You might get a little over 5% on those. Next you need an emergency fund, not just to cover things like car repairs but enough to live on for a couple of months. After that, look at retirement funds, such as a 401K or IRA. If you aren't contributing the maximum to your 401K at work, you could increase your contribution and make up the difference in your take home pay by withdrawing a little from your bank account every month. If you've maxed that out, then you can start looking at other investments.

Posted on November 26, 2007 at 5:04 am yes, look at how much you have, then take half and invest that part first

Posted on December 18, 2007 at 9:53 am I would suggest that, it can be done through the interest rate purpose. This can be made by how much we need our money to be added in the account and the method of the deposition. and the interest for those account. I could tell just offering for the higher interest would be a better idea for transfering the money.

Posted on April 4, 2009 at 1:45 pm I suggest you to invest some money on short term to meet emergency requirements. Keep some in a savings bank a/c. Ready money is must. And if the money is sufficient to purchase a piece of land then do it. In long run it will give you a good return.

Posted on April 5, 2009 at 5:22 am ive no idea about this, but i t would be better if you talk with someone who has a lot of experince such as broker maybe? and ask some advice

Posted on April 5, 2009 at 10:46 am It depends on how big your savings is..

Posted on April 6, 2009 at 7:45 pm I'm not very well qualified to tell anyone what to invest in or what to do with their money.  I would talk to a financial advisor who is qualified.  Ask around to people that have money and see who they use, ask their advice.  People that have alot of money have it because they know what to do with it.

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