How do I invest my $20,000 to become rich?
don't tell anyone here you got 20k or they'll come looking for you
by ? - 3 hours ago
The term stock market, as the name connotes, is a place where you can market or trade a company's stock, which the corporation issues through shares in order to raise capital. Of course, capital is the cost that a company incurs in relation to producing its products and services. The people who buy these shares are the shareholders, and the term can refer to an individual or an organization. The term stock market can also apply to all the stocks available for trading (as well as other securities), for example, when used in terms like "the stock market performed well today." The stock market involves the trading of bonds, which is a debt security that stipulates that the issuer of the bonds holds the holders a debt. It is exactly like a loan, only that it is in the form of a security. These bonds are traded over-the-counter, which means they are traded directly between two parties. Thisis opposed to exchange trading or the trading that occurs on stock exchanges or future exchanges.
by ? - 3 hours ago
There are four basic ways to make money from your web site. You can sell products and services. You can sell subscriptions or memberships. You can make money from advertising. And you can use your site to generate referrals and commissions. http://myblooggs.com
by ? - 3 hours ago
it's great that you have saved $20,000....but whether you become rich depends on your definition of rich. to become rich, your best bet is to stay out of debt and live below your means.
by njyogibear - 3 hours ago
Go to your library and pick up some books on Investing. The first one I would like to see you read is Investing for dummies (not for dummies at all - very good yellow book). That will tell you the basics on everything. Including a chapter on different brokerage accounts and their fees. It will also have information on ROTH accounts - read that chapter carefully...
by Go with the flow - 3 hours ago
at your age you are rich
by pickmefirstplz - 3 hours ago
One of the best investments is owning your own property by getting your own place to live. Make some upgrades to the place, and watch the value of the property go up within years.
by NightWolf - 3 hours ago
Call shia lebouf, he invested 20 k and made 600 k
by Spotty Spootum - 3 hours ago
That is not enough to make you rich. That is a couple months pay. I would not dream of keeping less then in the bank, but if you want to invest it I recommend a few stocks. You will not get rich off this though, that is not possible.
by Landlord - 3 hours ago
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