What the best account for your savings?
I'm saving up for a boat. 20-30 thousand range. And I want to put it in an account to build up over a few years say 4-5. I will be adding 3-5thou. to it each year. Most the increase will come from me adding to the account. What type of account should I put this in.
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Stock market on a stock that pays good divides
Savings accounts don't pay crap for interest.... Invest in a stock like AT&T, Phizer, or a high yield bond |
Read a few of Dave Ramsey's books. He might not know as much as some of the guys on here but he is pretty sharp. If you want pm me I have the audio CDs from one of his classes I took that you can borrow.
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Were do I go to read up on how to start and how much to start with.
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Just make sure you invest in a safe stock with high paying div. Just last year alone I made half of what I made working on Div. Payments.. |
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My biggest response to my wife while we were taking the class was "fawwk Dave Ramsey". But dude knows his stuff. We still apply quite a few of the things from the class at home but not everything. Still a good tool for anyone thing about saving or investing.
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He can make you rich, but you gotta live without the finer things in life for a few years. |
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common man! come talk to me at work ill show you what we have to offer. ill be out tomorrow so if you come in ask for chuck |
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no.. i work with investments.. call me back |
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Actually what W said is what I would recommend also. Invest it in an established dividend paying stock (ATT, Altria, Exxon) savings accounts pay crap for interest.
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mine
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Actually I started a few guys offshore in some stocks..... Some took there bonus last year and they asked me to help them
I put them In pfizer(makes Viagra) And OLIT..oiltanking comp. All of them are making good on these two stocks |
"w" what is a good amount to start a scottstrade account with if you have never invested in the stock market and want to start
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If you learn how to watch trends you can buy low sell high A while back when everyone was in a panic when the market was down..I was buying up all that. Low stock Made 112%. Profits last year on LNG |
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