Mar 10
09
I'm 18 &have about 7k that I invest in something that I want to get over 10%, what should I invest in?
Posted by taxliens4options I know I can do… and is easy
CD at about 4-5%
Money Market 4-5%
Savings- not a investment
Bonds(bank)- no not enough return
Tax Liens Certificates- I am looking into trying this but first I have to research it and study it more.
Real estate- don’t have the assets and money to rent a house out.
Stocks- Not enough info and dont know anybody to make educated decision
Real Estate Investment Trusts- maybe, got to look into that better
what should I invest in?
if you know some good info of how you buy tax Lien Certificates and you have a real good website to see the one’s in any area or just have a few good tips for me that would be great.
thankyou
As quickly as the real estate market seems to be bottoming out I would steer clear of REITs. The closest I can safely get you to 10% is an index fund. An index fund mirrors a market such as the S&P 500 or DOW. The one I’m suggesting to you mirrors the S&P 500. Here is the link https://personal.vanguard.com/VGApp/hnw/funds/snapshot?FundId=0040&FundIntExt=INT