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Any advice to give a newbie on how to invest 10k
Posted on 5/15/14 at 12:06 pm
Posted on 5/15/14 at 12:06 pm
I want to get started on with the investment scene. I am pretty well off in my financial life right now. I have 10k just sitting in one of my bank accounts that I need to do something with so any advice would be appreciated.
Posted on 5/15/14 at 12:08 pm to 13SaintTiger
hookers and blow with be the top answer on here
Vanguard
Vanguard
Posted on 5/15/14 at 12:32 pm to 13SaintTiger
max out your roth for the year
Posted on 5/15/14 at 12:34 pm to 13SaintTiger
We need more info. Do you have a Roth? If not, sign up with Vanguard, choose a well performing fund and max it out with $5,500. Thats a start.
Posted on 5/15/14 at 3:05 pm to 13SaintTiger
I've just started buying gold and silver. I'm planning on using it for a long term investment. Protects against inflation and is liquid if you need the cash.
Posted on 5/18/14 at 9:16 pm to 13SaintTiger
all these answers are for lazy people.
use your money to buy and sell items.
you could invest 10k into something and make 5k a month in profit pretty easy.
i buy and sell cars btw. i buy them broke or needing small items fixed and sell for profit.
i make on average 80% profit.
i just bought a 06 dodge ram for 2500. needs 1200 in repairs. it books 11k. this will be my biggest profit margin to date.
use your money to buy and sell items.
you could invest 10k into something and make 5k a month in profit pretty easy.
i buy and sell cars btw. i buy them broke or needing small items fixed and sell for profit.
i make on average 80% profit.
i just bought a 06 dodge ram for 2500. needs 1200 in repairs. it books 11k. this will be my biggest profit margin to date.
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