3 ms·
As moocow01 said, the answer will be generic for a generic question. But few things you should consider before investing. 1. Try to invest in something you kno
by subrat_rout 14y ago
As moocow01 said, the answer will be generic for a generic question.
But few things you should consider before investing.
1. Try to invest in something you know inside out. In that way you increase odd of return.
2. What about your risk profile and current financial situation? If you have any credit card debt with 16% interest then you better pay off that. Very few investment in US will have annual return 16% or more.
3. If you are a risk averse person then you can invest the money into a index fund.
4. Or you can invest that money in yourself by learning something (a new skill, language or tool) you think it will propel your career forward.