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Society & Politics

What can you invest in if you have 20k savings?

Anonymous
Anonymous
(25-29)
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What can you invest in if you have 20k savings?
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Most Helpful Opinions

  • Massageman
    Massageman Follow
    Master Age: 74
    +1 y
    4.1K opinions shared on Society & Politics topic.

    You can get a 34 month, 2.15% CD on any money over $5K at CDF Capital.
    You can get a self-managed account at many stock trading entities.
    You could get about 11 ounces of gold.
    You could buy a ten-year old Honda.

    0
    0 Reply

Most Helpful Opinions

  • joeldalton
    joeldalton Follow
    Master Age: 44
    +1 y

    Real Estate.

    0
    2 Reply
    • Anonymous
      Asker
      +1 y

      This seems reasonable. But what can I buy with 20k.

      Reply
    • joeldalton
      joeldalton
      +1 y

      Down payment on some land.

      Reply
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What Girls & Guys Said

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  • Anonymous
    Anonymous
    (36-45)
    +1 y

    Whatever you decide to invest in, make sure it's something that has a track record of success. Avoid risky, high yield investments that can be wiped out in a flash.

    0
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  • exitseven
    exitseven Follow
    Master Age: 55
    +1 y
    27.3K opinions shared on Society & Politics topic.

    Do some research and buy shares of stock or invest in mutual funds.

    0
    0 Reply
  • Dargil
    Dargil Follow
    Master Age: 36
    +1 y
    12.2K opinions shared on Society & Politics topic.

    Gold coins. Biden's inflation is killing the value of currency and gold holds its absolute value.

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  • Godsvengeance
    Godsvengeance Follow
    Xper 5 Age: 43
    +1 y

    I would get into physical gold and gold mining stocks as well as oil stocks. All of those should increase with the coming inflationary depression

    0
    0 Reply
  • Anonymous
    Anonymous
    (36-45)
    +1 y

    Stocks, ETF's, Index Funds, Gold, Crypto. Take your pick.

    0
    0 Reply
  • OddBeMe
    OddBeMe Follow
    Master Age: 42
    +1 y
    18.6K opinions shared on Society & Politics topic.

    I'll tell you but it'll cost 20% fees.

    0
    0 Reply
  • Chris8670
    Chris8670 Follow
    Xper 4 Age: 46 , mho 44%
    +1 y

    Beer.

    0
    0 Reply
  • Anonymous
    Anonymous
    (25-29)
    +1 y

    Gold

    1
    0 Reply
  • EdwinLivingston
    EdwinLivingston Follow
    Xper 2 Age: 30
    +1 y

    Mutual funds?

    0
    0 Reply
  • In_Trance
    In_Trance Follow
    Master Age: 28
    +1 y
    3.5K opinions shared on Society & Politics topic.

    mutual funds

    0
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How do you keep and save your money as investment?

Anonymous
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Home > Society & Politics > Questions > What can you invest in if you have 20k savings?
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