How would you invest $1000

coolTechno

Junior Member
Jun 9, 2009
7
0
0
If you got $1000 to invest....What would you do with it...cant spend on beers as you gotta invest them on something to get some return :)

mmm lets see... Real Estate cant hardly buy any with $1000 ... share market..not a bad choice but cant hardly buy blue chips with that sort of money :)

penny stocks !!! seems like a good investment with high returns and $1000 can buy loads of penny stocks..... according to InvestingPennyStock.com value of penny stock can increase by several hundred percent overnight. but with these high return investments high risk is attached as well, not like putting the money in bank and getting something as interest end of the day :)

How would you invest $1000 :)
 

imported_Imp

Diamond Member
Dec 20, 2005
9,148
0
0
Day trading or stick it in a long term GIC. I recently put a quarter of my stuff in mutual funds, and they keep going up and down every week, balancing out to a net return of 1-2%. Bla bla bla, long term...
 

MrMatt

Banned
Mar 3, 2009
3,905
7
0
or Freddie Mac. Look at it's chart the last several months, there's pretty clear runs & dips you can see coming. I'd be flipping it 6 or 7 times right now if I wasn't balls deep elsewhere.
 

coloumb

Diamond Member
Oct 9, 1999
4,069
0
81
Depends upon how quick you want an ROI and if it's "guaranteed":

Bank CD's - 6 months, 1 year, 2 year, 3 year, 5 year [longer the investment, the more ROI].
IRA - REALLY long term investment

As for me

I'd invest in paying off my debt - the return would be less debt in the long run.
 

IEC

Elite Member
Super Moderator
Jun 10, 2004
14,516
5,705
136
I'd dump it all into FUSEX (Fidelity Spartan U.S. Equity Index).

Oh wait, I recently did just that for my Roth. :)
 

natto fire

Diamond Member
Jan 4, 2000
7,117
10
76
The banner for the website you are spamming REALLY sucks. BTW, there is no such thing as "cool" techno.
 

Farang

Lifer
Jul 7, 2003
10,913
3
0
Dearest one,

Please,kindly permit me to introduce you to this project that will be beneficial
to both of us.
My name is Michael johnson salliff son of the former opposition leader HERLEN
JOHNSON SALLIFF of UNITED DEMOCRATIC PARTY (U.D.P) Republic of LIBERIA,Soon
after the first democratic election that brought CHARLES TAYLOR to power,my
mother was the only formedable opposition leader to the then depose president
she was the runners up next to him.

Soon after wards she started receiving threats, false allegations and counter
accusations from the government of LIBERIA under the leadership of the then
depose presedent CHARLES GANGAY TAYLOR, Subsequently the Anti-terorist unit
headed by the son of the president CHUCKY TAYLOR accused my mother of aiding
and collaborating with the (LUIRD) and (MODEL) rebels in trying to overthrown
the taylor government.

She was subesequently charged and put under HOUSE ARREST pending her investigation
,she was later released and soon after flee out of the country to america
with the help and intervention of the UNITED STATES EMBASSADORE IN LIBERIA.

My mother was a woman of affluence, no doubt about that. She acquiredenormous
wealth, no doubt about that. But her wealth was not acquired illegally neither
did she solicited or accepted an illegal advantage as falsely accused by
the Anti-terorist unit headed by the president son.

ALL this injustices allegation was brought to her in other to silence and
bring disreputation on her because he sees her as an obstacle or impediment
to his continous stay in power.Also President CHARLES TAYLOR only wants
to eliminate her as she has politically taken side with his party opponents
and challengers.

After my mother escape my father was subsequently arrested and detained,
her whereabouts was not known , but later,according to secret reports from
the ANTI TERRORIST UNIT base out side monrovia a camp called (GBATALA)which
is used as excuting
base for all TAYLOR OPPONENTS, he was secretly MURDERED by GOVT SECURITY
AGENTS loyal to the president son CHUCKY TAYLOR. I was fortunate to escape
from LIBERIA and now I am a refugee in IVOIRY COAST.

In the course of my departure from my liberia I have with me some reasonable
quantity of
precious mineral and cash amount of about $11m (Eleven Million US Dollars)
encased in a sealed metal iron box, which for safety measures I have deposited
it with a reputable Management & Trust Company. I declared that the contents
are precious family values in other not raise eyebrows. I now solicit for your partnership assistance
to transfer these funds to your country for onward investment.You will
also assist me to relocate to your country.

I will furnish you with all the necessary information needed on hearing
your response.

I Anticipating to hear from you soon.

Yours,
MICHAEl.
 

Bignate603

Lifer
Sep 5, 2000
13,897
1
0
Originally posted by: iGas

A good start for a saving account.

This. If you've only got $1k of extra money dump it into a savings account. It may not seem like much but you'll save a crap load of interest when something else goes wrong (aka car repair or other emergency) and you'd otherwise have to put it on a credit card.
 

Red Squirrel

No Lifer
May 24, 2003
69,274
13,024
126
www.anyf.ca
If I was given 1k and told to invest it, I'd probably start a small web hosting company. That market is super saturated though because it's such an easy business to run (technical side of it) once everything is setup properly, so it would not be easy to get clients after.