If you had $20000 that you wanted to use to make some more money with, what would you do?

I'd make my money work for me. I'd begin by putting $9,500 in a medium-agreesive mutual fund (higher agressive level if the economy was better). Then, I'd use $10,000 as seed money to start a small business.

With the remaining $500, I'd buy lottery tickets.

Hello Kevin,

Here's a short answer: I'd sit on it until you learn how to manage it properly.

Nobody cares more about your money than you do so don't do the mistake most people do ( because they have no choice) and give it to a financial adviser who will push his/her companies funds.

There has never been a better time to get involved in the stock market since it's so beaten down but let me be very clear here. It is a dog eat dog world in there.

Gamblers have no business investing in the stock market. Just remember this: Gamblers don't survive while knowledgeable and disciplined investor thrive.

I offer a lot of free stuff on my site at www.InvestorRules.com and I list a couple more sites that provide great free reports you can start with.

This should be enough to tell you if this is for you or not...

Good luck

Eric LeRiche

www.InvestorRules.com

Open an online brokerage account. Watch Mad Money and read a few books before you buy anything.

I've been at is seriously since January, lost money to begin with but I made that back plus a little ( the market is down 18% in that time). I maintain a core position of stocks and a healthy cash reserve. I buy stocks in that core position when they go down and sell when they go up. I change the stocks in my core position based on the best performing sectors. I also keep stocks in several sectors to diversify. Seems to work for now. Having ready cash is very important because you can take advantage of opportunities..

Savings bonds are a good bet. God knows the government needs money loaned to them.

ALTERNATIVE ENERGY - this is the investment opportunity of the future. With gas and oil at record prices, it is only a matter of time before alternative energy stocks will return a handsome reward.

I would start with these two. Good luck!

I think you should decide what level of risk your willing to take. While your working on that you should deposit it in an interest bearing account like a savings account or perhaps a money-market savings account. I would not deposit it in a "money market fund" which has no deposit insurance.

If your not going to start a business with it (which is pretty risky) you might want to read a book I like.

The worse thing to ever do is say that. Get a financial education first. learn how to control your spending habits ( and we all have bad ones)... nobody gets rich in the stock market except for the insiders. Put that in a CD and get a high return, and train your brain, before you put that HARD EARNED money to work for you. Learn to make money work for you.

Maybe start a much-needed community daycare center.

Invest it or start a small business.

invest it at 8%

You can email me at johntcp@yahoo.com and I will show you how to invest.