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? asked in Business & FinanceInvesting · 10 years ago

Id like to invest $5000 is there anything i can do?

id like to make some residual income from this investment anyone have any ideas?

6 Answers

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  • ag318pun
    Lv 7
    10 years ago
    Favorite Answer

    Im not trying to make fun of you, but $5000 is like a drop in the bucket.

    You would be lucky to make a residual of $3.00 a month.

    I would suggest that you invest in mutual funds using a Roth IRA

    from one of these fund companies. Fidelity, Vanguard or TR Price.

  • Anonymous
    10 years ago

    Might consider a couple of these: CVX, PG, MCD. You will reap at least 3% in dividends and they should increase annually at least by 3%. But don't invest in just one. Spread it out amongst all 3.

  • Rogue
    Lv 6
    10 years ago

    Consider:

    Fidelity Capital & Income (fagix)

  • Michael
    10 years ago

    Buy physical gold and silver. Then hold it in your home indefinitely, or at least until the dollar crashes which I believe will be very soon.

    Source(s): Search for James Turk and gold.
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  • Anonymous
    10 years ago

    Wow :)

    Whys don't you open a massive website with some staff and earn huge income every month??

    Check these ways ..it may help you http://tinplive.com/make-money-online/

  • William
    10 years ago

    Fixed CD rates or stocks.

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