What is the best way to invest a small amount of money long term?
Submitted by admin on December 5, 2009 – 1:01 pmNo Replies
A web user asks, I don’t have much to invest, maybe $500.00, but I would like to know the best way to invest this money to get a maximum amount. I plan on leaving it long term or reinvesting it and the interest for atleast 10 years but possible 20 or 30. Would it be a better option to just add this amount to my preexisting IRA or get a CD, or is there another way to go?
Can you help them out? Post your advice!
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