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What is a good medium-risk bond or stock that my GF and I could invest in?

Posted on 3/23/11 at 11:37 pm
Posted by The Future
Smallville, KS
Member since Oct 2009
22661 posts
Posted on 3/23/11 at 11:37 pm
We have a few extra bucks lying around and were thinking about investing it. We were looking for something that could be taken out in 5 years or less.

Ideas?
Posted by adavis
North of I-10
Member since Aug 2007
5749 posts
Posted on 3/24/11 at 12:11 am to
Drugs. Crack and Meth are pretty hot right now.
Posted by AviatorTiger
Member since Feb 2011
404 posts
Posted on 3/24/11 at 5:31 am to
If you want to speculate and pick an individual stock you might as well open the WSJ, close your eyes, and then twirl your finger around and whatever it hits closest to is the stock. That is about how much luck you will have picking individual securities. Now if you want to invest put that money into VTSMX and hold long term and if you need it for an emergency it is highly liquid. Also on a side note DO NOT buy let's say 500 shares of MGM and think hey this is mine ad my GF's. Nothing good will ever come of that. You buy 250 and have her buy 250 individually. Also don't be surprised if your initial investment losses 30% or more and your GF hates you forever for it.
This post was edited on 3/24/11 at 5:34 am
Posted by NC_Tigah
Carolinas
Member since Sep 2003
124154 posts
Posted on 3/24/11 at 6:20 am to
quote:

Ideas?
Mutual Fund or ETF would be a preferable option.
Posted by Athanatos
Baton Rouge
Member since Sep 2010
8141 posts
Posted on 3/24/11 at 7:38 am to
quote:

If you want to speculate and pick an individual stock you might as well open the WSJ, close your eyes, and then twirl your finger around and whatever it hits closest to is the stock. That is about how much luck you will have picking individual securities.
I wish they had a "U mad? Cause we styling on you" picture w/ hedge fund managers I could post. Sorry you're incapable of adding value w/ your equity/FI research.
Posted by saint308
LA
Member since Oct 2010
496 posts
Posted on 3/24/11 at 8:27 am to
If I could own only one mutual fund (even though I hate funds) it would be PRPFX. It is well managed and has a consistent track record. Only down 8.3% in 2008 and did well in other downturns as well. Good luck.
Posted by AviatorTiger
Member since Feb 2011
404 posts
Posted on 3/24/11 at 9:11 am to
Csb
Posted by AviatorTiger
Member since Feb 2011
404 posts
Posted on 3/24/11 at 9:12 am to
So you expect this funds performance to do the same in the future? Is your name Yahweh/Allah?
Posted by saint308
LA
Member since Oct 2010
496 posts
Posted on 3/24/11 at 10:18 am to
quote:

Is your name Yahweh/Allah?


No, but close. See my screenanme.

It has a pretty long track record (27 years), so I just assume the manager will act in like manner going forward. If so, then results should be similar.
This post was edited on 3/24/11 at 10:46 am
Posted by aupsh
Birmingham, AL
Member since Dec 2009
146 posts
Posted on 3/24/11 at 10:45 am to
Why are you investing with your girlfriend? Whose money is it?
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
72901 posts
Posted on 3/24/11 at 9:51 pm to
IRAQI DINARS BABY! DINARS!
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