Best way to Invest 10 grand..

Invest in about a quarter to half kilo of cocaine.

 

[Atrail]

Invest in an Index Fund.

 

[JeffreyLebowski]

ok, i'm gonna change my earlier suggestion and now i am suggesting. HOOKERS AND BEER

 

[Barnaby W. Füi]

15lbs of pot ?

 

[Siddhartha]

Originally posted by: Futher
I recently aquired 10 thousand dollars, and I need ideas on how to INVEST my money to receive the highest interest possible. Notice how I said invest, not spend =) Anyone have any ideas? Thanks

I think the stock market is going bullish in the next month or so.

 

[TonyW]

 

[TonyW]

I would not invest in bonds. Economy should slowly pick back up. When that happens in the next 5 to 10 years, interest rate will also rise. Once interest rate rises, bond prices will fall. I would either put it in some short term CDs and get back into the market once the market stabilizes or put it in some annuities that guarantee a fixed interest rate like 6% or more.

 

[Anubis]

give 1000$ to TheEvil1 so he can buy a new Mountian Bike frame. then put thge other 9K in a money market account or somethin

 

[Shantanu]

Split your money up between 5-6 small cap companies (in different industries). Small-cap stocks have the highest returns of any financial instruments. Also, the diversification will reduce the risk.

 

[Ns1]

his time frame is only 2 years people

i assume you don't want to risk losing it

might as well just go with a CD or something safe


if you had a longer time frame index funds are the way to go

 

[Cyberian]

Originally posted by: Hoober
If you want it to be secure, then I would look into CD's. You might be able to find something with a rate around 5 or 6 percent.

I don't think there's anything out there right now that's paying more than about 2.8%.

 

[jdini76]

Booz and Women!

 

[BooGiMaN]

DUDE!!!

two girls at one time!!!!

 

[jdini76]

Originally posted by: BooGiMaN
DUDE!!!

two girls at one time!!!!

with a beer in your hand!

 

[Dingleberries]

If i was in your shoes, the first thing i would do is invest 3 grand into an IRA account. The rest I would buy bonds with seeing as how they are a pretty safe investment and is tax-deductible. They also ensure a pretty high return, although not as high as stocks, but are alot safer.

If you are looking for a shorter term investment, I suggest hookers and drugs.

 

[zephyrprime]

Put it in bonds. Might as well open up a brokerage account now so you can enter the world of investing.

 

[Jmmsbnd007]

Originally posted by: chiwawa626
When you say "aquired" it sounds like you stole it

I dont have much financial advise, but just dont spend it all, or dont goto vegas with it.

Damn! Beat me to it!

 

[LOLyourFace]

Originally posted by: LOLyourFace
a question for you guys.

doesn't money inflate about 2-3% every year? if you earn 3% a year in a CD, what's the point? You barely beat it's original value just for not spending them..

can someone answer this?

 

[Hector13]

Originally posted by: Shantanu
Split your money up between 5-6 small cap companies (in different industries). Small-cap stocks have the highest returns of any financial instruments. Also, the diversification will reduce the risk.

Small cap stocks have the "highest returns of any financial instruments"? Where did you get that from?
Also, what diversification are you possibly going to get from "5-6 companies"?

 

[Hector13]

Originally posted by: LOLyourFace

Originally posted by: LOLyourFace
a question for you guys.

doesn't money inflate about 2-3% every year? if you earn 3% a year in a CD, what's the point? You barely beat it's original value just for not spending them..

can someone answer this?

Yes, inflation is somewhere around there, so 3% ain't nothing to brag about. On the other hand, it is better than putting you money in a savings account and earning 1%.

If you are willing to take some "risk", invest in some short maturity government/municipal and/or corp. bonds. Short duration stuff won't have much of an interest rate risk, so you should be okay and you will (or should) earn slightly more than a CD or money market account.

 

[jacob0401]

Originally posted by: LOLyourFace
a question for you guys.

doesn't money inflate about 2-3% every year? if you earn 3% a year in a CD, what's the point? You barely beat it's original value just for not spending them..

that is a good point, and technically if you leave it in savings you'll be "losing" money. However, it is also the most secure.

I say diversify. Don't put $10,000 into the same place. Take some and put it to mutualfunds or stocks if you know how and the rest put into a high interest CD or preferable Credi Union.

 

[Indolent]

KMART

 

[Shantanu]

Small cap stocks have the "highest returns of any financial instruments"? Where did you get that from?

It's a commonly known fact. Do a search for Ibbotson and Sinquefield.

Also, what diversification are you possibly going to get from "5-6 companies"?

If there were no transaction costs or you had an infinite amount of cash to invest, then of course you would want to diversify infitinitely. But given that he wants to invest $10,000, and transaction costs are going to be anywhere from $5-$50. Given that, I'd say 5-6 companies in different industries is about the right amount of diversification. The risk on that would be comprable to a medium quality corporate bond, but the return would be twice as much.

 

[UDT89]

buy a house

 

[human2k]

Give it to me.