- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
what to do with 10k cash(hookers and/or blow not an option)
Posted on 5/8/13 at 1:23 pm
Posted on 5/8/13 at 1:23 pm
here is the situation, early 30s, i have about 12k in bonds, 10k in a variety of etf and mutual funds, and 20k in some blue chip stock(t, vz, cvx, rdsb, csco, aapl).
i have about 10k cash that i would like to move out of my savings account. i would like to have this cash ready for the next big dip in the market(buy low). what would be the best option for this 10k right now, with my only goal to keep it liquid and beat inflation.
i have about 10k cash that i would like to move out of my savings account. i would like to have this cash ready for the next big dip in the market(buy low). what would be the best option for this 10k right now, with my only goal to keep it liquid and beat inflation.
7
Posted on 5/8/13 at 1:24 pm to 632627
Best advice?
Review the millions of threads on here with similar scenarios/naivety to your own. This is a near-daily thread: you have modest coin and no idea what to do with it. You are requesting people to repeat insight posted countless times.
So many plebes eager to just take take take from MT.
Review the millions of threads on here with similar scenarios/naivety to your own. This is a near-daily thread: you have modest coin and no idea what to do with it. You are requesting people to repeat insight posted countless times.
So many plebes eager to just take take take from MT.
This post was edited on 5/8/13 at 2:01 pm
Posted on 5/8/13 at 1:59 pm to RemouladeSawce
quote:
You are requesting people to repeat the same insight they've posted countless times.
God forbid you answer his question without preaching
Posted on 5/8/13 at 2:06 pm to 632627
quote:
what to do with 10k cash
A hot tub time machine sounds pretty sweet
Posted on 5/8/13 at 3:06 pm to 632627
5,000 Powerball tickets
Posted on 5/8/13 at 3:07 pm to RickAstley
10k lottery tickets.
Profit
Profit
Posted on 5/8/13 at 3:18 pm to 632627
Posted on 5/8/13 at 3:18 pm to 632627
quote:
I would like to have my cash ready for the next big dip in the market..................my only goal being to keep it liquid and beat inflation
If I knew the answer to this question, Warren Buffett would have to liquidate Berkshire Hathaway in order to purchase that information from me.
Posted on 5/8/13 at 4:26 pm to Vols&Shaft83
bitcoins
Posted on 5/8/13 at 9:52 pm to 632627
Hindsight, etc but $10k of AR15s, accessories, and ammo purchased before Sandy Hook would have sold for a handsome profit 1-2 months later.
This scare is starting to subside, but there will be another in the future. Just saying.
This scare is starting to subside, but there will be another in the future. Just saying.
This post was edited on 5/8/13 at 9:53 pm
Posted on 5/8/13 at 11:04 pm to Vols&Shaft83
Do you agree with Paul's statement in your sig quote?
Posted on 5/8/13 at 11:11 pm to weagle99
quote:
Hindsight, etc but $10k of AR15s, accessories, and ammo purchased before Sandy Hook would have sold for a handsome profit 1-2 months later.
This scare is starting to subside, but there will be another in the future. Just saying
My girflriends brother in law made a killing on this. Everyone though he was stupid at the time
Posted on 5/9/13 at 12:37 am to GenesChin
That sounds awfully morbid to invest money in stocking up on guns in hopes that a shooting will allow you to sell them for more.
Posted on 5/9/13 at 11:44 am to TheIndulger
quote:
That sounds awfully morbid to invest money in stocking up on guns in hopes that a shooting will allow you to sell them for more.
No one is hoping for a shooting. However the threat of Congressional action to outlaw certain weapons is always present, just in varying degrees.
My point is that one could happily invest the entire amount in quality firearms and ammo and really never lose that money, more than likely increasing the amount over time regardless of what else happens. The risk is that the guns owned would be outlawed completely, however there is some risk in pretty much any investment that will yield a return.
Posted on 5/9/13 at 3:43 pm to 632627
quote:
632627
I assume you have no debt?
Posted on 5/9/13 at 3:51 pm to RidiculousHype
quote:
Do you agree with Paul's statement in your sig quote?
Pretty much.
Posted on 5/10/13 at 9:15 am to Kreg Jennings
quote:
I assume you have no debt?
Bump
This is actually a very important part of the equation....house debt with a dirt cheap current rate is fine....throwing 10K at an avg size mortgage obviously wouldn't do too much for you, well most people....but if you have any auto or revolving debt....take the Dave Ramsey approach and pay on that.
This post was edited on 5/10/13 at 9:16 am
Posted on 5/10/13 at 2:55 pm to Kreg Jennings
Idk but I'm about to stick 5k in a 2050 vanguard fund
Posted on 5/10/13 at 7:24 pm to weagle99
quote:
Hindsight, etc but $10k of AR15s, accessories, and ammo purchased before Sandy Hook would have sold for a handsome profit 1-2 months later.
500% + in profit margin was a great investment if you had the foresight to stock up pre panic. like you said it will happen again. I'm already investing for that SHTF scenario. :coughconspiracytheorists:
Posted on 5/10/13 at 7:50 pm to jimbeam
quote:
Idk but I'm about to stick 5k in a 2050 vanguard fund
Target date Funds suck.
Page 1 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News