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Started By
Message
I have 40k that i want to invest.
Posted on 6/15/11 at 9:59 pm
Posted on 6/15/11 at 9:59 pm
I want to be somewhat conservative
But i also may want to access it within 2 years.
What do you think?
But i also may want to access it within 2 years.
What do you think?
This post was edited on 6/15/11 at 10:28 pm
8
Posted on 6/15/11 at 10:02 pm to LakeViewLSU
quote:
I have 40k that i want to invest.
trade that 40k for some gold, gold will go up within a couple years, say 50 years from now u cash in that gold for 70k.
Posted on 6/15/11 at 10:03 pm to SAjags21
I think gold may be close to its peak. 
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Oh wait my sarcasm meter was broken.
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Oh wait my sarcasm meter was broken.
This post was edited on 6/15/11 at 10:08 pm
Posted on 6/15/11 at 10:36 pm to LakeViewLSU
What kind of returns are you expecting? Can you be more specific than "conservative"?
Posted on 6/15/11 at 10:50 pm to LakeViewLSU
God ain't makin any more land.
Posted on 6/15/11 at 11:12 pm to LakeViewLSU
Short the everliving frick out of gold
Posted on 6/15/11 at 11:32 pm to Bubb
quote:
God ain't makin any more land.
I AGREE! ^^^^^^^
Posted on 6/16/11 at 12:29 am to LakeViewLSU
MVIS is the most sure thing out there
Posted on 6/16/11 at 1:15 am to Bubb
quote:
God ain't makin any more land.
There are a lot of investors in Florida, Arizona, California, etc that will probably sell you their land for below their cost, and still think they got the best end of the deal.
Posted on 6/16/11 at 7:54 am to LakeViewLSU
quote:
I want to be somewhat conservative
But i also may want to access it within 2 years.
What do you think?
I can double your investment in 6 months. Assuming you have a way to launder it afterwards. And you don't mind NOT asking questions about how it was 'invested'.
Posted on 6/16/11 at 8:19 am to JWS3
quote:
There are a lot of investors in Florida, Arizona, California, etc that will probably sell you their land for below their cost, and still think they got the best end of the deal.
These are people who bought based on the home built on the land, not the location and they also probably bought a lot in a subdivision of cookie cutter houses. The parallel you drew does not apply to this situation IMO.
Posted on 6/16/11 at 9:18 am to LakeViewLSU
High Dividend Yield mutual fund? Unless you would prefer a portfolio of dividend paying individual stocks? STill have to watch the NAV on the mutuals and the share price on the individual stocks though. Just a suggestion.
Posted on 6/16/11 at 9:27 am to LakeViewLSU
Based on the two caveats you listed, the coices are a savings account or money market. You will be lucky to get half a percent yield. Unless you want to get one of those promotional accounts where you have to set up direct deposit, use a debit card 100 times a month, use the ATM 50 times a month, and say 10 Hail Mary's daily.
Posted on 6/16/11 at 9:43 am to The Egg
quote:
MVIS is the most sure thing out there
it is pretty attractive speculation at these levelsPosted on 6/16/11 at 4:38 pm to Ric Flair
What about a majority bond fund?
Or do you think bonds will go down since interest rates are sure to go up sooner than later.
Or do you think bonds will go down since interest rates are sure to go up sooner than later.
Posted on 6/16/11 at 4:48 pm to The Egg
quote:
MVIS is the most sure thing out there
That's some cool shite. Their financials look like shite, but their product is pretty badass. I'm thinking of putting a couple grand in and hope to forget about it for a few years. Thanks!
Posted on 6/16/11 at 10:26 pm to LSUtoOmaha
quote:
Short the everliving frick out of gold
Who is shorting gold right now?
Please name a few.
This post was edited on 6/16/11 at 10:36 pm
Posted on 6/16/11 at 10:29 pm to lynxcat
quote:
What kind of returns are you expecting? Can you be more specific than "conservative"?
4% - 6% With very little risk, and access without penalty after 1-2 years.
This post was edited on 6/16/11 at 10:37 pm
Posted on 6/16/11 at 10:39 pm to LakeViewLSU
Swimming Pool
Pool Table
Video Games
Wet Bar
are good investements with a two year time window
Pool Table
Video Games
Wet Bar
are good investements with a two year time window
Posted on 6/16/11 at 10:51 pm to LakeViewLSU
quote:
4% - 6% With very little risk, and access without penalty after 1-2 years.
That is practically not possible in this market.
Money markets might return 2-3% are are very liquid.
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