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re: What to do with 250K currently sitting in savings?
Posted on 4/13/11 at 10:23 am to Chad504boy
Posted on 4/13/11 at 10:23 am to Chad504boy
This post was edited on 11/27/11 at 10:07 pm
0
Posted on 4/13/11 at 10:29 am to Broke
(no message)
This post was edited on 11/27/11 at 10:06 pm
Posted on 4/13/11 at 2:05 pm to topstunter
I know one way to not do it...
Posted on 4/13/11 at 2:10 pm to bopossum
quote:
Looking for advise on what to do with 250K? Won't need to touch it for 15 to 20 years
Become a sports agent and sign Patrick Peterson as your first client.
Give him cash to blow until he gets paid and then collect a 3% agent fee on his 27 million dollar signing bonus.
Posted on 4/13/11 at 4:30 pm to bopossum
You could buy 2,000 ounces of silver at approximately $86,000 with current spot prices and premiums accounted for. Wait until the mania phase is well underway when silver spikes to a minimum of $500 per ounce, which would give you a million dollars to buy some real estate (rental, single family homes) at even cheaper prices than today's within a 3-5 years. The rest of your $164,000 could be divided amongst a variety of precious mining stocks, oil company stocks, Potash mining stocks, alternative energy company stocks and some commodities that are going to go up in value.
Besides, when you're doing well and most people around you aren't, make sure you have plenty of ammunition, food stocked away, because if you can't protect it, you don't own it, if they take it away. Welcome to the Socialist States of America.
Besides, when you're doing well and most people around you aren't, make sure you have plenty of ammunition, food stocked away, because if you can't protect it, you don't own it, if they take it away. Welcome to the Socialist States of America.
Posted on 4/13/11 at 4:56 pm to bopossum
Legit suggestion...........
Be a seed investor in my hedge fund, for realz.
Be a seed investor in my hedge fund, for realz.
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