- 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 invest $3,000 in?
Posted on 10/1/13 at 9:23 pm
Posted on 10/1/13 at 9:23 pm
saving some money up and wondering if I should invest, any quick ideas? long term?
8
Posted on 10/1/13 at 9:26 pm to texastiger921
quote:
saving some money up and wondering if I should invest, any quick ideas? long term?
I don't want to insult you, but $3,000 is nothing. Do you have an emergency fund of 3 to 6 months of your expenses? $3,000 would be a good start to that.
Also, if you have credit card balances or a car loan, that would provide instant help.
If you really want to invest it, pick a good index fund that tracks the S&P 500, for a long-term (10 to 25 year) investment.
Short term would depend on your tolerance for risk and expectation for gain.
Posted on 10/1/13 at 9:28 pm to Ace Midnight
I agree $3,000 is child's play.
Posted on 10/1/13 at 9:28 pm to Ace Midnight
Exactly what ace said
Posted on 10/1/13 at 10:35 pm to jimbeam
M1 Garand and 1911
Posted on 10/1/13 at 11:58 pm to texastiger921
quote:
Exactly what ace said
Posted on 10/2/13 at 9:19 am to Crbello4Hiceman
quote:
M1 Garand and 1911
Forget Ace! THIS!!!
Posted on 10/2/13 at 9:22 am to LSUengineer12
Texastiger I'm in the same boat. Just sold my old truck for $5k cash. I've got two large debts. Rental Property and Truck. I'm comfortable in paying both of those as of now, so I stuck the $5k in the bank strictly to save.
Stuck 4 in reg savings and 1 in my rental property emergency savings (for repairs and what not)
Stuck 4 in reg savings and 1 in my rental property emergency savings (for repairs and what not)
This post was edited on 10/2/13 at 9:24 am
Posted on 10/2/13 at 9:56 am to LSUengineer12
quote:
Forget Ace! THIS!!!
There are times when I encourage people to invest in shotguns and canned goods - however, I figure everybody got that in the 10 months since Sandy Hook.
Posted on 10/2/13 at 10:02 am to texastiger921
do you collect art? might could get a small blue dog in that price range.
Posted on 10/2/13 at 10:03 am to texastiger921
quote:
What to invest $3,000 in?
a nice dinner with the wife
Posted on 10/2/13 at 10:06 am to yellowfin
OR
quote:
a nice Vacation with the wife
Posted on 10/2/13 at 11:21 am to texastiger921
Buy two used trailers (mobile homes) and finance them to someone for $3000.00 a piece at 10% interest, with 10% down for 2-3 years.
Posted on 10/2/13 at 12:14 pm to texastiger921
Red
Posted on 10/2/13 at 1:11 pm to texastiger921
$3000 meets or exceeds the min in a wide selection of mutual funds. What are your goals?
I'd check out a low costs S&P index fund for long term. I go through Vanguard for mine. If you go paperless with them the fees are lower.
I'd check out a low costs S&P index fund for long term. I go through Vanguard for mine. If you go paperless with them the fees are lower.
This post was edited on 10/2/13 at 1:15 pm
Posted on 10/2/13 at 7:49 pm to dewster
buy used cars and double that money in 2 weeks
Posted on 10/2/13 at 10:48 pm to brbowhunter
buy 30 houses in Detroit
Posted on 10/4/13 at 11:46 pm to Ace Midnight
quote:
I don't want to insult you, but $3,000 is nothing. Do you have an emergency fund of 3 to 6 months of your expenses? $3,000 would be a good start to that.
Also, if you have credit card balances or a car loan, that would provide instant help.
If you really want to invest it, pick a good index fund that tracks the S&P 500, for a long-term (10 to 25 year) investment.
Short term would depend on your tolerance for risk and expectation for gain.
Mr Ramsey I presume?
Posted on 10/5/13 at 9:30 pm to Five0
A good night at the bar
Posted on 10/6/13 at 11:47 pm to texastiger921
Bury it in a coffee can in the back yard.
Page 1 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News