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have 6k need to make $45 a month by investing it

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casino.

put $45 on black. if you win, great. if you lose, double up your bet.

unless red comes up 7 times in a row, you win.
 
Wow...you should really listen to people who have a clue. Pay off your loan and stop trying...
 
Originally posted by: Skoorb
Originally posted by: TheSiege
Originally posted by: Skoorb
Originally posted by: MrCodeDude
Only way you're earning 9% on $6000 is through stocks.
And considering that, adjusted for inflation, the stock market is where it was a full decade ago, that seems a tough gamble these days.

Unfortunately, there is definitely, absolutely no sure-fire legal way to do this.

i dont need to worry about inflation, basically what i am trying to due is make more money off some savings rather then pay something off with it

i owe 5800 bucks on my windows
I pay about $43 a month in interest, rather then paying it all off right now and lose 6k
I want to offset the interest so in ~8 years i still have that 6k

make sense?
Yes but in 8 years you'll still owe the $5800 on the windows so you won't really have made anything.

No, not really.

Basically what the dude is asking for is to beat the interest that he's paying for on his loan for said windows.



 
You guys who are all saying "pay off your windows", are you the same guys who think people should have a minimum amount saved in case of job loss etc so that bills/food/rent can all still get paid?
Maybe this guy has 6k and wants to keep a lump sum available in case anything bad happens so that he has a buffer between him and homelessness.
 
Originally posted by: puffff
casino.

put $45 on black. if you win, great. if you lose, double up your bet.

unless red comes up 7 times in a row, you win.

You forgot about 0 and 00 the green spaces. Which make the odds less than 50%
 
Originally posted by: Epic Fail
Go to casino monthly, bet $45 on black, profit!!

your handle compliments this post rather well.

that said, i had a friend who had a dream that he put $100 on #23 and won, and then he went to the casino and did it, and FUCKING WON!

he only did that because he just won $1600 on a slot machine. i was there.
yeah doubly mucho lucky beaucoup
 
Originally posted by: Lonyo
You guys who are all saying "pay off your windows", are you the same guys who think people should have a minimum amount saved in case of job loss etc so that bills/food/rent can all still get paid?
Maybe this guy has 6k and wants to keep a lump sum available in case anything bad happens so that he has a buffer between him and homelessness.

He obviously couldn't afford the windows and now afraid of "losing" the $6k cash. Why spend the money you don't have/couldn't afford?
 
Remember that you will pay taxes on the dividends from your investment. So, you need to get 9% / (1 - your effective tax rate). If you're in the 25% tax bracket with no state taxes, you'd really need to earn 12%.

You may not want to factor in inflation, but assuming you can earn 12% and protect the capital, your 6000 would only be worth 4800 in today's dollars (assuming 3% inflation).
 
give me that $6000, I will then you pay $45/month for the next 11 months, then at the 12th month, I will give you back $5900. deal?
 
$45.00? You're better off just delivering pizzas one day out of the month for a few hours. I was averaging about $14/hr doing that just recently. On real busy days with decent tips I could average $20/hr.
 
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