Best way to invest ~$20,000

[bdude]

Question stands as the subject...

What's the best way to invest around 20,000-30,000 dollars for the next year or so?

Any good websites to inform myself?

 

[axelfox]

what's your risk aversion?

What time of returns are you looking for?

One year, so you're looking for short term. If you want guarantee, then just do a CD.

 

[newb111]

Put it all on black.

 

[gamepad]

Oddly, I also have $20,000 to invest. Trying to decide which ETFs to invest in.

 

[DaveSimmons]

For five years I'd say stock index mutual funds or ETFs. For just one year I'd recommend a CD or high-interest savings account like ING Direct.

 

[Ozoned]

Guns. Lots of guns. Solid investment.

 

[Jawo]

Originally posted by: Ozoned
Guns. Lots of guns. Solid investment.

Ha ha ha...at that rate, I would say Gold!

 

[FP]

Vanguard Index funds...

Do it now.

 

[V00DOO]

GOLD!

 

[DaveSimmons]

Originally posted by: binister
Vanguard Index funds...

Do it now.

I'm planning to name my firstborn VFINX but I still wouldn't agree for a short-term investment.

High-interest savings might be better than a CD if you (bdude) aren't too sure about the length. With savings you can take the money out in 10 months or 14 months without the CD's early withdrawal penalties.

 

[sciencewhiz]

What's the most you could afford to lose (or least percent gain)?

 

[Crono]

50% CD, 25% Mutual funds, 15% gold, 10% give away to reputable charities.

 

[Epic Fail]

Originally posted by: newb111
Put it all on black.

Too risky, half on black and half on red.

 

[ManSnake]

Originally posted by: yamadakun

Originally posted by: newb111
Put it all on black.

Too risky, half on black and half on red.

Too risky! 1/3 on black, 1/3 on red, and 1/3 on green.

You can't lose!!!

 

[BarneyFife]

What does the "next year or so" mean?

Need more details.

 

[sniperruff]

sounds like someone with $20k from a CC BT scheme...

 

[richardycc]

about 5400shares of AFN...

 

[AlienCraft]

Originally posted by: Ozoned
Guns. Lots of guns. Solid investment.

Naw, I'm buying ammo.

 

[Glayde]

Buy world of warcraft trading cards, then ebay the rares that give you items in game.

 

[overst33r]

Regarding the VFINX: It has had steady growth since ~2000, how does it work when the economy is in a recession? How does it adjust? or does it just follow the trend?

 

[sciencewhiz]

Originally posted by: mariok2006
Regarding the VFINX: It has had steady growth since ~2000, how does it work when the economy is in a recession? How does it adjust? or does it just follow the trend?

It's a S&P 500 index fund. Therefore, it certainly will lose value during recessions.

http://en.wikipedia.org/wiki/S&P_500

 

[sniperruff]

Originally posted by: mariok2006
Regarding the VFINX: It has had steady growth since ~2000, how does it work when the economy is in a recession? How does it adjust? or does it just follow the trend?

yeah my VFINX is certainly taking a dump now =(

i think EFT's are better options. check out SPY or QQQQ.

 

[austin316]

Originally posted by: gamepad
Oddly, I also have $20,000 to invest. Trying to decide which ETFs to invest in.

I like ticker RSP. Its a S&P 500 fund, but its equal weight, so that just as many holdings are in Walmarts and Exxon-Mobils as there are in the #500 company.

 

[tranceport]

Originally posted by: ManSnake

Originally posted by: yamadakun

Originally posted by: newb111
Put it all on black.

Too risky, half on black and half on red.

Too risky! 1/3 on black, 1/3 on red, and 1/3 on green.

You can't lose!!!

Actually you would lose 1/3 like that wouldn't you?

 

[pontifex]

just send it to me.