What's a good way to grow money starting out with a relatively small amount, say $1,000?
by 
Darth Continent
ANSWERS: 4
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Plant it in your backyard, water it regularly, add Miracle Grow and see what happens
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I think I'd wait till I had $5000 or so, then find the best investment program I could. That 'green light/red light' system looks interesting, but I'd have to research it first.
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It is hard to say without knowing the expectations over a period of time. However, although it sounds bad right now, investment (stocks, bonds, mutual funds, etc.) always generates a very good result over a long period of time.
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It depends on what type of strategy you're looking for. If it is a long term strategy, I would say put it in a CD (although there are some shorter term CD's, too). Go to www.bankrate.com to find the best rate. If you're looking for a short term investment, I would say the stock market or futures. However, in this volatile market, you have to be very, very selective as to where you want to place your money. VERY selective.
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