Expert: Dr. Joseph de Beauchamp - 3/12/2006

Question
Hello-  I would like to be able to generate between $300 to $400 a week only by investing. I can play with up to $10K at the moment. Is there a way to generate this kind of cash a week with this money ? If not, how much do I need to do it ? Thanks.

Answer
You can not rely on this type of investing. Trading simply does not work. I would suggest going to choose a mutual fund and in Morningstar. Long term is the only way to go for investing or take a look at the simple interest bearing accounts. I would have this opinion even if you had a billion dollars to invest.

Dr. Joseph de Beauchamp