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 slakethythirst
Stranger
Registered: 08/17/07
Posts: 3
Last seen: 4 months, 15 days
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 $7,500 to invest, serious replies please
#7753688 - 12/13/07 01:17 PM (8 months, 21 days ago) |
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Hello all,
I have $7,500 I want to invest. It has been in a CD for around a year now, and while it makes nice money, I am looking for something a bit more fruitful.
I am willing to take some risks, but nothing too crazy. I am not interested in gold, silver, coins etc.
I don't want to put it into any kind of retirement fund.
If you have any ideas, places to start or personal experiences to share I would greatly appreciate it.
PS: No I don't want to spend it on drugs, or send it to you (majority of the responses on another message board).
Thanks
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elcharrosays
 
Registered: 08/25/07
Posts: 682
Loc: south east
Last seen: 4 hours, 41 minutes
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Re: $7,500 to invest, serious replies please [Re: slakethythirst]
#7753694 - 12/13/07 01:19 PM (8 months, 21 days ago) |
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id suggest converting it to another currency before it's worth next to nothing..
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desufnoC
Registered: 11/04/07
Posts: 114
Last seen: 8 months, 18 days
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Re: $7,500 to invest, serious replies please [Re: elcharrosays]
#7753714 - 12/13/07 01:22 PM (8 months, 21 days ago) |
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send some to me then buy a shit load of bud, shrooms, rolls and LSD!
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fuck captin planet!
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 Ego Death
Justadropofwaterinanendlesssea
Registered: 04/27/03
Posts: 5,981
Loc: The War Machine
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Re: $7,500 to invest, serious replies please [Re: slakethythirst]
#7753741 - 12/13/07 01:26 PM (8 months, 21 days ago) |
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Whats CD?
I keep my stash in a high interest tax free account.
My bank manager keeps telling me to invest in their stocks and shares programs but I don't like the risk.
At least my hard earned cash is safe, if I risk it I could lose it all.
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dirtworshipper
Sitting in theheart cave
Registered: 05/12/07
Posts: 1,845
Loc: at The Guru's lotus feet
Last seen: 2 hours, 43 minutes
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Re: $7,500 to invest, serious replies please [Re: desufnoC]
#7753748 - 12/13/07 01:28 PM (8 months, 21 days ago) |
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want to invest in an independent record label,
full of amazingly beautiful, local, true spirit?
or give it to lots of people who really need it?
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Aum Shanti Shanti Shantihi (Aum! Peace! Peace! Peace be with Us All!)
(Click and Read)
Edited by dirtworshipper (12/13/07 01:35 PM)
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Wiccan_Seeker
INFJcounselor-idealist
Registered: 02/06/02
Posts: 16,431
Loc: Virgo Supercluster (or b...
Last seen: 2 days, 22 hours
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Re: $7,500 to invest, serious replies please [Re: slakethythirst]
#7753764 - 12/13/07 01:31 PM (8 months, 21 days ago) |
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Quote:
It has been in a CD for around a year now, and while it makes nice money, I am looking for something a bit more fruitful.
It hasn't made any money, its inherent value just has declined slower than it would have in US dollars.. but in Canadian Dollars you still lost value, even though the number in US dollars has become bigger.
Why not gold? Why not silver? It is a serious investment opportunity at this point in time.
Aww, just subtract $1.400 from your investment sum and buy a 100 oz bar of silver. It's the size of a small brick so it's not like it'll get in your way. Many experts assume it'll be worth $3.000-$10.000 in a couple of years. (but: do your own research!)
Whatever you do.. read up on REAL INFLATION. However you invest, if you live in the USA and it nets you less than 5-10% increase in a year, that isn't a gain but a LOSS. Learn about what the REAL STORY is about the dollar.
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dirtworshipper
Sitting in theheart cave
Registered: 05/12/07
Posts: 1,845
Loc: at The Guru's lotus feet
Last seen: 2 hours, 43 minutes
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Re: $7,500 to invest, serious replies please [Re: Wiccan_Seeker]
#7753775 - 12/13/07 01:34 PM (8 months, 21 days ago) |
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Quote:
Wiccan_Seeker said:Learn about what the REAL STORY is about the dollar.
is that the story where the dollar isn't worth anything at all?
i know that one!
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Aum Shanti Shanti Shantihi (Aum! Peace! Peace! Peace be with Us All!)
(Click and Read)
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Ego Death
Justadropofwaterinanendlesssea
Registered: 04/27/03
Posts: 5,981
Loc: The War Machine
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Re: $7,500 to invest, serious replies please [Re: Wiccan_Seeker]
#7753776 - 12/13/07 01:34 PM (8 months, 21 days ago) |
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Yeah, inflation averages out at 4% here (UK) so if your interest is less than that you are effectively losing money!
The problem with asking other people about investments is theres not many people that will speak honestly. Most people will try to get you to invest in their pie. (I exclude you from that though wiccan, you have a sound knowledge)
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Cowgold
Bullshit
Registered: 04/04/05
Posts: 10,114
Loc: .
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Re: $7,500 to invest, serious replies please [Re: slakethythirst]
#7753782 - 12/13/07 01:35 PM (8 months, 21 days ago) |
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Avoid any online advice.
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dirtworshipper
Sitting in theheart cave
Registered: 05/12/07
Posts: 1,845
Loc: at The Guru's lotus feet
Last seen: 2 hours, 43 minutes
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Re: $7,500 to invest, serious replies please [Re: Cowgold]
#7753787 - 12/13/07 01:37 PM (8 months, 21 days ago) |
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so, that means yours too?
that sounds like a Koan of some sort
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Aum Shanti Shanti Shantihi (Aum! Peace! Peace! Peace be with Us All!)
(Click and Read)
Edited by dirtworshipper (12/13/07 01:37 PM)
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YawningAnus
Got the GayDHD
Registered: 01/15/05
Posts: 10,114
Last seen: 2 days, 2 hours
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Re: $7,500 to invest, serious replies please [Re: dirtworshipper]
#7753802 - 12/13/07 01:40 PM (8 months, 21 days ago) |
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give it to Ron Paul!
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Image from: The Cremaster Cycle, by Matthew Barney
icelander: I remember this big yellow firey ball up in the sky. It was scary because it disappeared all the time and we had to dance naked and fuck all the women to bring it back.
YawningAnus: Those were the days
"if there's no such thing as evil, then what are evil spirits then? and don't turn this into a debate on the existence of evil spirits, let's just assume they exist for this argument. "
-Porcupine
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C20H25N3O
Calico Kahlia
Registered: 02/01/04
Posts: 906
Last seen: 18 hours, 33 minutes
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Re: $7,500 to invest, serious replies please [Re: YawningAnus]
#7753816 - 12/13/07 01:44 PM (8 months, 21 days ago) |
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I'd look into investing in commodities at the moment. But its much easier to talk about making money than making money.
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Calico Kahlia come tell me the news
Calamity's waiting for a way to get to her
Rosy red and electric blue
I bought you a paddle for your paper canoe
Say you'll come back when you can
Whenever your airplane happens to land
Maybe I'll be back here too
It all depends on what's with you
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Wiccan_Seeker
INFJcounselor-idealist
Registered: 02/06/02
Posts: 16,431
Loc: Virgo Supercluster (or b...
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Re: $7,500 to invest, serious replies please [Re: Ego Death]
#7753847 - 12/13/07 01:51 PM (8 months, 21 days ago) |
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Quote:
Yeah, inflation averages out at 4% here (UK) so if your interest is less than that you are effectively losing money!
It's worse EgoDeath. USA.. Europe, the UK and so forth.. Take the figure they give you and double it. Don't fall for the mantra that its just 4%, its way worse than that. An important rule of thumb:
Whenever you are presented with official numbers, you can be certain they have been manipulated to at least some extent in someone's favor. That someone, most often, is not you.
For instance, have you looked at oil prices recently? Just about everything needs oil to come into being or to get it to you. World food prices? up, up, up. We've been producing less food than we're consuming for some years now. Raw materials? Base metals?
The age of prosperity fueled by cheap oil, the one we grew up in in the latter half of the 20st century, is coming to an end. The only savior out there, deuterium fusion, will only be ready to meet our growing energy needs after 2020, and add two decades to that for fullscale implementation.
The OP is looking for an investment opportunity, but what he needs might be a lifeboat instead.
Quote:
Avoid any online advice.
In a way I agree with you Cowgold: you shouldn't follow some guys advice, but that goes for the online and offline world equally.
Do your own research. Check the "facts" presented to you. Think independently. Dare to think unconventional thoughts.
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Ego Death
Justadropofwaterinanendlesssea
Registered: 04/27/03
Posts: 5,981
Loc: The War Machine
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Re: $7,500 to invest, serious replies please [Re: Wiccan_Seeker]
#7753856 - 12/13/07 01:53 PM (8 months, 21 days ago) |
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Silver could be a good one if it follows the trend it seems of started but then you have other problems are you gonna buy pure gold gold and store it?
Are you gonna pay a security box to store it in or risk keeping it at home?
You can buy shares but then theres other cost involved.
My point? Its all a gamble, man!
Personally I would come up with a good business plan and invest in that. I'm always having business ideas though. I have an entrepreneurs brain that met ganga and decided to keep making ideas but never actually do any 
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mycelismymind
ALKALOIDOHOL
Registered: 09/11/06
Posts: 964
Last seen: 1 month, 21 days
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Re: $7,500 to invest, serious replies please [Re: Ego Death]
#7753899 - 12/13/07 02:06 PM (8 months, 21 days ago) |
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buy shares in a good carbon offsetting company.
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Wiccan_Seeker
INFJcounselor-idealist
Registered: 02/06/02
Posts: 16,431
Loc: Virgo Supercluster (or b...
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Re: $7,500 to invest, serious replies please [Re: Ego Death]
#7753921 - 12/13/07 02:11 PM (8 months, 21 days ago) |
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Quote:
are you gonna buy pure gold gold and store it?
(..)
You can buy shares
No shares, futures and all that stuff. Actual physical gold or silver, no paper promises. Paper promises got us into a lot of this mess.
We've been making a hundred promises and only can make good on a dozen.
That's the financial/economic reality we're facing.
That's the financial/economic catastrophe we're facing.
Quote:
Are you gonna pay a security box to store it in or risk keeping it at home?
Safe deposit box. If you keep it at home, it's one home invasion and you're flocked like so many sheep have been before you.
Quote:
My point? Its all a gamble, man!
True, but there are low-risk bets and high-risk bets.
You can be sure that money will become worth less and less. Central banks and the federal reserve see to that. But lately there is trouble stirring and the value behind money is PLUMMETING. You can also be sure that if you invest your money in something attached to a relatively fixed amount of money, you'll be losing money.
Commodities and real estate are the way to go in my view. Tangible stuff that will cost more money if the currency dwindles - and which will fetch you more money if you own it and sell.
As a figure of speech: today you can buy a chicken for $10, tomorrow you'll be selling its eggs for $10 a piece.
Dollars, Pounds, Euros.. you won't BELIEVE what you'll pay for your groceries in 10, 15 years, and how little today's saving mean then.
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boxcarguy07
Registered: 04/25/07
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Re: $7,500 to invest, serious replies please [Re: Wiccan_Seeker]
#7753927 - 12/13/07 02:13 PM (8 months, 21 days ago) |
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I hear the water desalinization business is looking good to invest in
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"Sit in reverie and watch the changing color of the waves that break upon the idle seashore of the mind."
-Henry Wadsworth Longfellow
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C20H25N3O
Calico Kahlia
Registered: 02/01/04
Posts: 906
Last seen: 18 hours, 33 minutes
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Re: $7,500 to invest, serious replies please [Re: boxcarguy07]
#7753934 - 12/13/07 02:16 PM (8 months, 21 days ago) |
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Quote:
boxcarguy07 said:
I hear the water desalinization business is looking good to invest in
Clean water is one of the biggest problems today, and I wouldn't be surprise if anything water related would be a good investment.
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Calico Kahlia come tell me the news
Calamity's waiting for a way to get to her
Rosy red and electric blue
I bought you a paddle for your paper canoe
Say you'll come back when you can
Whenever your airplane happens to land
Maybe I'll be back here too
It all depends on what's with you
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leftysurprise
Hacking theMycelial Network
Registered: 06/21/05
Posts: 8,437
Loc: Florida
Last seen: 52 minutes, 10 seconds
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Re: $7,500 to invest, serious replies please [Re: C20H25N3O]
#7754168 - 12/13/07 03:08 PM (8 months, 21 days ago) |
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google. invest in google. i had $2000 just sitting around when google opened its stock to the public..... im still kicking myself in the ass for not investing like i wanted to. their stock has been soaring and is projected to keep soaring, especially with the news of their plans to jump into the mobile phone market.
a buddy of mine invested in them nearly a year ago. he has made exceptional gains.
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"This country, with its institutions, belongs to the people who inhabit it. Whenever they shall grow weary of the existing government, they can exercise their constitutional right of amending it, or their revolutionary right to dismember or overthrow it. "
~Abraham Lincoln
“If I had a quarter for every time I said I had a nickel, I would have five times as much theoretical money. ”
~Stephen Colbert
“I contend we are both atheists, I just believe in one fewer god than you do. When you understand why you dismiss all the other possible gods, you will understand why I dismiss yours.”
~Stephen Roberts
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Wiccan_Seeker
INFJcounselor-idealist
Registered: 02/06/02
Posts: 16,431
Loc: Virgo Supercluster (or b...
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Re: $7,500 to invest, serious replies please [Re: leftysurprise]
#7754234 - 12/13/07 03:25 PM (8 months, 21 days ago) |
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Is it ethical to invest in google?
Just playin', but a serious question nonetheless.
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