Saturday, March 21, 2020

What is the best way to invest $10K?

Donnell Mollo: What you have to understand is that options are for lots of 100. So it you buy a $35 call option quoted at $4.60, the actual cost is $460 which if exercised allows you to buy 100 shares of stock at @ $35.00 each. When you look at it that way would it make sense to spend $460 + trade fee + $3500 + trade fee ($3960 + 2 trade fees) to buy 100 shares of the stock that closed at $39.36 ($3936 + 1 trade fee)?But you could hold off exercising that option and if it went to $42, you could exercise it and your profit would be ($4200 + 1 trade fee) - ($3960 + 2 trade fees) unless you held onto the stock to see if it would go even higher. But suppose the price drops to $32, in which case you only lose $460 + 1 trade fee instead of $736 + 2 trade fees if you had bought the stock at its closing price of $39.36 instead of the call option.So buying an "in the money" call can somewhat reduce your gains if the price goes up because the call sells at a premium, but also limit! s your loses if the price goes down.If you thought you could buy the call for $4.60 "total" plus $3500 for the stock ($3504.60 total) and immediately sell it for about $3936.00 for a sure profit, you are dreaming....Show more

Shaun Rapkowicz: Money Market account is pretty good. I know GMAC has a pretty high return on 10,000 plus you always have access to to it. Go to .

Jerrod Guilfoil: If this is 10K you want to invest and not touch for a while, consider putting it into an index fund (I know you said not the stock market, but you did mention IRA and mutual funds, so I wasn't sure). You should consider a Roth IRA so that the earnings can grow tax free, if you aren't in one already.

Kelly Bistodeau: Do not listen to fools who complicate matters and drown them selves in a glass of water.Take no chances with your hard earned money and do not give it to so called experts who stealthily will take 1/2 for themselves. Really! Just put $2000 in each of 5 good shar! es (called blue chips), in different industries, paying good d! ividends and with modest P/E ratios.Keep buying more companies, until you have about 10 and then increase your holdings. That is what I have done. With a little luck you also will do well and then say a silent thank you to me....Show more

Kip Ockenfels: Have you ever considered a separately managed account run by a professional money manager?

Kim Gerbino: I would like to understand how could I buy an option with a lower strike than the market share price.Let's say I buy MSFT 35 Call and the current price is at $40. Wouldn't I be able just to exercise the option and buy the shares for $35, even though they are trading at $40?Please tell me if it is not the case? when do I buy in the money call options?Thank u...Show more

Rosio Pasculli: I can provide you a return of 13-15% . We invest in real estate market in india and as the market has been booming and will be booming for the next few years ,we can provide you a return of that % .But we can't pay you every! month ,instead will be paying after a full year cycle . Also if you wanna want to invest in higher amount i would like you to see the facilities and the business in india in person and then to invest .you can write to me at kishaloy_bhowmick@yahoo.com or reach me at 480.751.4125.regards,kish...Show more

Lucille Saetteurn: Do not invest in anything you do not understand. If you can't answer your own question then you need to start doing some research. Read some quality books about personal investing. Keep the money in a guaranteed bank account until then. Don't let some slick-talking salesman in a nice suit talk you in to something.

Margy Sandquist: I have a check written to me from the Canadian Imperial Bank of Commerce (ontario canada) for the amount of $60 U.S. Dollars. My Question is will The Credit Union allow me to open up a account with this Canadian Check?Any information would be greatly appreciated. Thank You...Show more

Benita Nancy: So Im cu! rious to know how many years it takes to save up $200,000 having two pe! ople bring in the average amount of pay.

Noah Deni: mail me a cahier's check

Cierra Gadbaw: 10,000 lotto tickets.or maybe 9,995 and a pack of cigarettes.

Barrett Alosa: 99.9% of mutual funds and IRAs are simply vehicles that manage the way your money is distributed in "the stock market", so I think you best put your $10K in a shoebox under the bed!

Hunter Osterberger: In short, yes, that is the basic idea behind a call option, it gives you the right to buy a stock at a certain price (the strike price)...The price you see listed next to the strike is what is called the Premium, which basically is the price you pay for the right to buy that stock at the strike price...the premium fluctuates due to various factors, from the volatility in the underlying stock, to the time until the option expires...I HIGHLY suggest reading up on it before doing any investing, at the very least paper trade before you jump in...its a zero-sum game, so you either come out w! ith money or zero (if you hold til expiration anyway...)Here's an example:Strike Symbol Premium Change Bid Ask Volume35.00 MSFT 4.86 0.00 4.30 4.60 1 260...Show more

Omar Phipps: certificate of deposit AKA: CD

Danica Timperman: REAL ESTATE!!! Borrow about 20,000 more and redo a house and sell it for about 40,000 profit!!!

Marcelle Vanlith: Please do not trade options.

Antone Bual: There is no "average amount of pay." And it depends on how much you can SAVE - not just how much you earn.

Kenneth Blacker: You should be able to save at least a quarter of your pay. So if a quarter of your pay is 20k it will take 10 years.

Efren Clankscales: Prez say wire to his bank account. Prez say he have high interest rate. Prez say 20% interest rate. Prez say he give you your money back plus interest in 20 years. Prez say he just kidding. Prez say you hire a financial planner and they help you invest well. Prez better know!

Berry Gilmore: SwissCash is your answer. My ref id: [mygha1605101]

Soraya Coodey: I like CD ladders.....that way some of your money is available and some is locked away......set up two or three CD's - one for 1 yr.....one for 6 months....one for three months....that way you always have some money coming due.....and it gets you to pay attention to the market and interest rates and you'll be that much more savvy next year.....have fun.Each time a CD comes due, you can reinvest it.....or.....open a longer CD cycle....fun way to start....Show more

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