best place to invest online? etrade, etc.

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mike82

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Mar 3, 2007
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Whats the best place for someone to start investing?

I'm just looking for safe options where I can put money in and forget about it sorta thing...it would be great if i could get 5%+ returns every month, which is slightly more than my high interest accounts pay.

thanks
 


mike82 said:
Whats the best place for someone to start investing?

I'm just looking for safe options where I can put money in and forget about it sorta thing...it would be great if i could get 5%+ returns every month, which is slightly more than my high interest accounts pay.

thanks
Click to expand...

I know of a guy that can consistently get you 12% returns here's a link to his bio Bernard Madoff - Wikipedia, the free encyclopedia .............. oh wait.
 
mike82 said:
...it would be great if i could get 5%+ returns every month, which is slightly more than my high interest accounts pay.

thanks
Click to expand...

5% returns every month? That's 60% returns per year. Possible with AM, yes. Not possible, at least in this climate, with investments.
 
It's going to be hard to get it with a buy & forget investment.

The only thing I can think of is buying some low-income rentals, rehabbing, renting and then having a manager take care of it. You'd have to go for a mid-west state (I'm in Ohio, so there are plenty here) You could get into something for about $15k (25% down to purchase). And get about $600/mo in return.
 
I was with Zecco for the free trades but I don't know if I'll be keeping the account there, they recently changed the requirements for the free trade account to a $25,000 minimum balance.
 
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