5 simple ways to invest $1,000 now

Whether you're looking to invest a holiday bonus check or you've finally resolved to get serious about saving for retirement, it's a good idea to start small and simple.

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VIDEO ON MSN MONEY

157Comments
Dec 31, 2013 12:27PM
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The cynisism on these boards is unreal. Dont you remember your mother saying "if you dont have anything nice to say, then say nothing at all?"

We're all growing tired of whiners and complainers, so with that being said, how about something constructive versus political rhetoric and woe is me.

Dec 31, 2013 2:21AM
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Paying down debt is always a good way to go.  Start with your highest interest and work your way down.   It is amazing the amount of money you will be able to save when you are not paying interest to anyone.   People with a few cards that carry balances, are paying hundreds of dollars a month.   All that interest could be going into you IRA, 401K, mutual funds, or any other saving vehicle instead of to VISA/Master Card or where ever you are sending the checks to.
Jan 4, 2014 7:54AM
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Use that $1,000 to pay of your credit cards. Not paying a real 18% interest is better that maybe getting a 5% return.
Dec 31, 2013 7:05PM
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If you want true financial independence, do this one simple thing.

Cut up all your credit cards except the one with the least interest.

Then, Put it in a safe place and use it for "EMERGENCIES" only.

Live on what you earn today, not tomorrow.

Jan 3, 2014 10:36PM
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I wouldnt buy any stocks right now.... wallstreet at all time highs is not time to buy.
Dec 31, 2013 1:41AM
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Don't forget to pay your Obamacare premium/ or increased deductible.

 

OOPS! There went your 1,000 bucks. Now what MSN rocket scientist? 

Dec 31, 2013 12:03PM
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Jeff - I don't want to sound like the negative dweebs who usually comment on these articles, but you have not provided much value here.  To begin, you started in the wrong place.  The very first step you should advise is to decide what is (are) your investment goal(s).  The second step is to determine your time horizon.  The third step is to determine (honestly) your risk tolerance.  Only then can you start to consider various investment options, including a whole bunch you haven't mentioned.  If you have a very short time horizon like 6 months because you're saving for a refrigerator (in which case equity investments would be crazy), that gives you a very different answer than if you're 25 and thinking about retirement at 65 (in which case equities make a lot more sense).  Plus, starting your own business is a lot more complicated than you suggest and there needs to be a lot more planning, preparation and soul searching than you write about.
Jan 5, 2014 9:19AM
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For most you have to find a thousand dollars first!!
Dec 30, 2013 9:59PM
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Find a Colorado cannabis grower/wholesaler/retailer and invest your money in that budding, entrepreneurial sector.  You'll realize exceptional ROI.
Dec 31, 2013 1:42PM
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I look at the majority of posts on these MSN Money articles, and here's my takeaway:  Nothing but a bunch of bears, short-sellers and OWS crowd people grumpy because they missed out on the run up.  You have to take risk to make money on your money.  What part of that don't you understand?
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I wouldn't characterize an all-time market high as an obviously "favorable market environment" for beginning investors.  That's just reinforcing the "sell-high-buy-low" mentality that delivers notoriously poor returns for retail investors and market timers alike.

If you are looking to get in, just get in and stay in.  Buy small amounts of stocks at regular intervals, in regular amounts, in good times or bad, come hell or high water.  Do that for twenty or thirty years and you will have a giant pile of cash at the end.

The end.
Dec 30, 2013 9:08PM
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Buy a gun, go hunting and fill your freezer with food.
Dec 30, 2013 8:27PM
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ANOTHER NOTHING ARTICLE ...MSN WE ARE NOT CHILDREN.
Dec 30, 2013 10:46PM
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if i was a liberal i would spend it and ask for a hand out
Dec 31, 2013 2:07PM
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you have democrats and republicans...vote them all out and you will have more democrats and republicans


those in charge let you think you have the power of the vote, but you can only vote for the puppets they allow to run.........THAT'S WHY THEY WILL ALWAYS BE IN CHARGE...........and you can spew your political views all you want but nothing will chage

Dec 31, 2013 2:01PM
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don't forget MSN permits cramer to peddle his garbage so this site has zero credibility
Dec 31, 2013 1:03PM
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Immigration is bringing US down. You know? When we liberalized our immigration policy in 1965 America has gone steadily downhill. The facts speak for themselves America. Thanks LBJ, the Kennedy's, the Libs, for this disaster. Time to close our immigration floodgates (long overdue and deport all the illegals all 11 million plus) and make America prosperous once again. We can do it America!
Jan 4, 2014 1:03PM
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Jeff Reeves, is starting the make you rich crap again.  Did you know that if you put a dollar away every year for fifty years you can make $50.00 Dollars?  Or give it to Jeff and he will make fifty dollars and you make nothing. Vote for me and I will set you free.  He wants poor working people to dump a thousand in the Stock Market for a good investment.  OMG. he has no bottom.  Take the poor at the Stock Market too, will it ever end?    Let's call this money story just that a money story!   OMG,OMG,OMG  all the way to the bank for Wall Street and friends like Jeff.  Jeff, here's one way you can keep a thousand dollars, Don't Give It To Anyone!    Thanks you    
Dec 31, 2013 2:43PM
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Sometimes when I read a V_L post, I suffer a rapid series of mini-strokes as my brain attempts to process the information in some logical form and sequence.
Dec 30, 2013 10:26PM
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Are you talking about negative compound interest? Who in the hell writes this crap, get a real job, oh I forgot, there are none.
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