| If you are going to invest, the best thing to do is deversify. Interest rates on savings accounts are a little less than 1%. It is kind of pointless putting in there if that's the case. I'd rather have it under my mattress. The smarter option would be to stick a good chuck of it into time deposits and bonds. You build up a base this way. It's very secure and liquid. Then, you are going to want to put some of it in mutal funds. Then comes the stocks. You don't want to put as much money in individual stocks as you didn't with the mutual funds with the reason being that mutual funds are a little safer. Lastly, what you could do is pick out a stock that you will think is the next Google or Microsoft and put a small amount on it. The whole process is like building a Pyramid. You get a base with time deposits and bonds, then mutual funds, then individual stocks, then your "gambling money." |