What would you do with 70.000$?

Discussion in 'Learn how to trade or invest by asking questions' started by eddiebnic, Feb 11, 2009.

  1. eddiebnic

    eddiebnic New Member

    Hey everyone I just received a gift from my father. He gave me 70.000 $ to start investing and make some money. The thing is, I am a german citizen living in the states for school. My question is, how can I start investing that money? One of my friends told me I would need an ITIN. Anybody know how to get that? Anyways I'd really like to start building my life out of this money... Any help would be gratly appretiated!
     
  2. Danno

    Danno New Member

    I would sit on it. Join a trading team and use a portion of the funds to pay for your trading education. Paper trade with the trading team for a while before you risk any capital. I have learned more with a trading group than I ever learned from a book.
     
  3. aiki14

    aiki14 Well-Known Member won april/06 simulator won weekly contest 13x won feb/07 simulator won jan/07 simulator won nov/06 simulator won mar/07 simulator

    You will need an ITIN, here's a place to find all you need to know:
    http://www.irs.gov/individuals/article/0,,id=96287,00.html
     
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