where should I put 4000eur?

[mtosev]

in the bank? no thank you, the intrest rate sucks. i would rather have in at home because of the low intrest rate.

any ideas where to put the money?

anything beside stocks as i don't want to lose any money?

[FordGT90Concept]

Depends, on a few things...
1) How liquid do you want it to be? For example, withdrawl years from now or in a day.
2) Are you looking to just keep the money safe (save) or make money on it (invest)?


Banks have crappy interest rates but, as long as it is insured, the money is safe. You won't make much money on it (inflation actually means you lose money on it) but at least it is liquid (easily accessible) and guarenteed to be there.


Stocks aren't safe but the potential to make (and lose) a lot of money is there. You never want to put money you need into stocks because you could lose it all in a matter of days; moreover, investing in stocks as a long term investment is generally a good strategy. Just like bonds though, you got to keep the money in there.

[Wile E]

I would just put it into my car. lol.

[mtosev]

Depends, on a few things...
1) How liquid do you want it to be? For example, withdrawl years from now or in a day.
2) Are you looking to just keep the money safe (save) or make money on it (invest)?


Banks have crappy interest rates but, as long as it is insured, the money is safe. You won't make much money on it (inflation actually means you lose money on it) but at least it is liquid (easily accessible) and guarenteed to be there.


Stocks aren't safe but the potential to make (and lose) a lot of money is there. You never want to put money you need into stocks because you could lose it all in a matter of days; moreover, investing in stocks as a long term investment is generally a good strategy. Just like bonds though, you got to keep the money in there.

as i don't need the money now it could be somewhere for a few years.
every bank that operates in Slovenia is now insured for 100% by the state. so i can't lose the money even if the bank would go bankrupt.
-
how about a combo: i put 3000Eur in the bank and buy stocks with the 1000Eur i have left?

[FordGT90Concept]

Sure, diversification is always a good thing. Depending on your age, you might even want to look into retirement savings accounts. Remember, if you have a savings account, the most important thing is to keep adding to it and refrain from taking it out. No one every has gotten rich without saving.

[mtosev]

retirement? im only 22y old. lol.

[FordGT90Concept]

The younger you are when you start saving for retirement, the more you'll have stashed away when you do retire. ;)

[El Fiendo]

So? I was 21 and I purchased Mutual Funds for my RRSP (Registered Retirement Savings Plan). You want to put it away early instead of later as that gives it the most chance to grow over the next 45 years. If you feel like you've got excess money, put a chunk away for retirement.

[Wile E]

Or just blow it on goodies, like me. You never know if you'll live to see tomorrow, after all. lol :D

[MRCL]

Get hold of bonds. They are guaranteed to be profitable, so you can't loose money. They are safe, too. Your money will be away quite some time, with some bonds you'll see your money again in 10 years, but with very good interest rates.

[Black Panther]

The best investment ever would always be property.
However, €4000 is too little even for a small garage....

Depends on how long it took you to save them, you could invest in bonds (taking care of maturity dates) so when you manage to save more you could buy some property...

Personally, I'd just blow it out on hardware... I'm not suggesting you do the same though!

[mtosev]

heh i'm already getting 2000eur of hardware next month. not from thoes 4000E.
I had my b-day this mouth. :)

[FordGT90Concept]

With bonds, make sure the interest rate will keep up with inflation. Very few do.

[FreedomEclipse]

in the bank? no thank you, the intrest rate sucks. i would rather have in at home because of the low intrest rate.

any ideas where to put the money?

anything beside stocks as i don't want to lose any money?

my old man has already scored around £8000 (8699.48 Euros???) from playing around on the stockmarket this year & he aint even a big time trader. To him stocks is just a small hobby to earn a few hundred to make ends meet.

so you wont lose it if your smart enough to pick the right shares. dont just think about short term investments - think about long term as well. set your self a target for example £1000 to buy X amount of shares in whatever company & dont touch it for a year or 2 the rest you can blow on short term, if you really need the cash.

[mtosev]

thats quite good money for a hobby.

some companies here lost 80% of their stock value. the problem is where to invest. one of the biggest companies here went benkrupt. 3000 ppl on the street.

the only smart thing would a farmasugical company.

[FordGT90Concept]

I wouldn't put a lot of money on pharmaceuticals, especially if the Obama administration has their way (and they will).

[FreedomEclipse]

well I not too sure about the American stockmarket. but banks a good oppotunities. but youve sorta missed the boat on that one.... banks still hold some good money but you missed the point where it almost fell to nothing & now its up 60-80p (P= Pence) per share

theres still money to be made but not not as much as when the market competely crashed due to recssion

[dr emulator (madmax)]

post it to me i promise to look after it for you, i'm an african prince who can quadruple your money just send your credit/paypal details here to someonedodgywhoyoucan'ttrust@namibiaorsomewhereels edodgy.com 182

[dr emulator (madmax)]

joking aside i have some money tied up in the coop bank ,now they pay quite good interest rates
(better than some banks, although don't quote me on that)
i think you have to have a coop card, which lets face it isn't hard to get ,
so my point is put some of it in there i'm sure you won't regret it:)

big whoops
sorry mtosev i thought this was freedomeclipses thread i'm not sure they have the cooperative bank in Maribor, Slovenia
which is were i gather your from:o