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Re: If you had $500 to wisely invest, how would you? [Re: r2__]
    #12355348 -

Silver or gold are both long term investments, I gave you a way to turn 500 bucks into 4 grand, or more depending on prices you charge in a few weeks.  Its really not a hard decision at all...


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Re: If you had $500 to wisely invest, how would you? [Re: r2__]
    #12355396 -

$500 is not anywhere near enough money to actually be invested in anything.  The best thing you can do with that is save it for the beginnings of an emergency fund and use that fund to self insure.  That will net you the most money.

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Re: If you had $500 to wisely invest, how would you? [Re: DieCommie]
    #12355415 -

DieCommie said:
$500 is not anywhere near enough money to actually be invested in anything.  The best thing you can do with that is save it for the beginnings of an emergency fund and use that fund to self insure.  That will net you the most money.


/thread

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Re: If you had $500 to wisely invest, how would you? [Re: pwnasaurus]
    #12355423 -

ShroomerRoss said:
SlashOZ said:
I would put it towards a kayak or raft or something i can use for years for fun!


yeaah do this, ive always wanted a kayak.:awebig:


i already got a kayak...so with that much cash I would probably put it in a bank account and save it, considering im going back to school in the fall....just seems to make more sense to save my money for whats to come rather than spend it on something...even if its permanent like a kayak...


hell maybe we should combine our money and go in on a SUPER BOMB raft???


--------------------
You are at once
both
the quiet
and
the confusion
of my heart.
-Franz Kafka

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Re: If you had $500 to wisely invest, how would you? [Re: danlennon3]
    #12355666 -

danlennon3 said:
I would definately go for the silver too. If it wasnt as much, Id buy an ounce of gold


its too late to capitalize on high gold prices, if you ask me.

if you want to make money, make drugs

if you want to make money legitimately, invest or create a long term cd


--------------------


Please check out my soundcloud and comment/share any suggestions <3

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Re: If you had $500 to wisely invest, how would you? [Re: LicHmicrO]
    #12355698 -

Agreed, gold is overpriced.  I sold my gold two years ago when it hit close to a thousand.  I have half a mind to sell my silver off too, but for now I am keeping it.

Precious metals arnt an really an investment.  They are a hedge against inflation, and an insurance policy against collapse of the government.  Of course in the latter case having a bunch of gold could very well get you killed if you are not armed and hidden away.

CDs are crap though, they are not worth the trouble.

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Re: If you had $500 to wisely invest, how would you? [Re: DieCommie]
    #12357027 -

Ket cause well thats kinda what im saving up for right now anyways...


--------------------
so we really are cursed with being pioneers.

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Re: If you had $500 to wisely invest, how would you? [Re: growingcrowd]
    #12357036 -

Buy as much weed as possible, then sell it at a much higher price to naive stoners.

That or bet it all on black.

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Re: If you had $500 to wisely invest, how would you? [Re: JonEveryman88]
    #12357064 -

buy x and sell it to little candy kids for a much higher price


--------------------
Life. 2008

Ascension Energy | UFOs | 2021

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Re: If you had $500 to wisely invest, how would you? [Re: PumpJackTeX]
    #12357197 -

i would buy a good amount of acid or x and sell sell sell


--------------------
heres to our lives being meaningless
and how beautiful it is
because freedom doesnt have a purpose

check out my art :smile:
http://www.shroomery.org/forums/showflat.php?Cat=0&Number=14505741&page=0&vc=1#14505741
and my goggles and jewelry
http://www.shroomery.org/forums/showflat.php/Number/15209555

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Re: If you had $500 to wisely invest, how would you? [Re: r2__] * 1
    #12357249 -

I'd donate it to the Church of the Aztec Sun.


--------------------
Rev.  Beloved Laughter
Church of the Aztec Sun

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Re: If you had $500 to wisely invest, how would you? [Re: cmod777debian]
    #12357289 -

cmod777debian said:
AR-15  or .40 Handgun



How're you gonna get an AR-15 for $500.00?


--------------------
Rev.  Beloved Laughter
Church of the Aztec Sun

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Re: If you had $500 to wisely invest, how would you? [Re: DieCommie]
    #12475922 -

DieCommie said:
$500 is not anywhere near enough money to actually be invested in anything.  The best thing you can do with that is save it for the beginnings of an emergency fund and use that fund to self insure.  That will net you the most money.


give me $500 and I GUARANTEE that I will make money off it...its a small ammount to invest, but its a start none the less....if i've been able to make somethin outa nuthin i could do it wit 500 for sure!


--------------------
I am a mycologist, meaning I STUDY mushrooms, It is a 100% fun, mentally stimulating, and legal practice

Some DO grow psilocybin mushrooms, either in a place where it is legal or not, and they may have questions that I may be able to help answer, the shroomery is dedicated to furthering knowledge of ALL fungus, and I am here to help others

Any statement of mine indicating Illegal or immoral use of this knowledge is theoretical and given out for the furthering of knowledge of ALL Mycologists/Enthusiasts worldwide!

(unlawful interrogation and immoral arrests of individuals on this website have lead me to such degrees as HAVING to put a disclaimer out, I wish it weren't like that)

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Re: If you had $500 to wisely invest, how would you? [Re: r2__]
    #12475941 -

Create a grow room in your house then buy 1000 san pedro seeds. Sow em and start selling them once they get bigger than lets say your thumb. The bigger they get the bigger the bread.

A psychoactive cactus nursery. Easy, relaxed, legal, profit.


--------------------
Omnicyclion.org
personal empowerment for the world

:nyan: LGBT - Love God Before Tradition :nyan:

Edited by Asante (04/29/10 07:46 AM)

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Re: If you had $500 to wisely invest, how would you? [Re: Nunbuh_Chrubble]
    #12475954 -

Nunbuh_Chrubble said:
Silver. Put half of it into silver bullion or 90% silver coins like mercury dimes right now. Then wait until the market price dips to $16 or below and then get more with the other half. ... That's what I would do.

http://monex.com/prods/silver_chart.html

It looks like the price may be about to make a dive, but it could easily rocket back up to $20/oz. If you look at the 10 year chart you can see how ridiculously unstable the trends have gotten since the economy took a shit.

If you go to your local coin shop and ask for their cheapest silver they will usually have some ugly 10oz bars behind the counter, or some crappy old coins or bullion rounds. Don't get the shiny stuff. Silver is silver and getting it for as cheap as you can is the name of the game.


.Spanish Eddie.


Interesting, Is this suggestion as good as it seems?  I know just about nothing to investing,  i'd like to get my toes wet with something small.


--------------------
"...Terrific, im glad we've had this time to discuss..im outro, call me if you wanna blaze one up.."


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Re: If you had $500 to wisely invest, how would you? [Re: Shamanisticts]
    #12476444 -

Shamanisticts said:
DieCommie said:
$500 is not anywhere near enough money to actually be invested in anything.  The best thing you can do with that is save it for the beginnings of an emergency fund and use that fund to self insure.  That will net you the most money.


give me $500 and I GUARANTEE that I will make money off it...its a small ammount to invest, but its a start none the less....if i've been able to make somethin outa nuthin i could do it wit 500 for sure!



Im sure you can.  I have made alot of money of off small sums too, by doing exactly what I suggested - self insuring and self warranty.

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Re: If you had $500 to wisely invest, how would you? [Re: r2__]
    #12476446 -

I'd buy 2-3 oz and knock it out in 1/8ths personally :shrug:.

Pretty hassle free if you're paying cash cause you can sell it as slowly as you like and you'd also make some free smoke.

Keep a half oz, and double your money.. sounds good to me :yesnod:.


--------------------
"I only ever hope to reach equilibrium, in Nature's matrix, in line with the meridian" ~ Jehst

:sun: "...and I know that I have to keep breathing, as tomorrow the sun will rise, who knows what the tide will bring?" :sun:

Free Spore Ring Europe
Send any spare spore prints you might have and help the distribution :grin:

Open Source. Freedom.  GNU/Linux

Addicting is not a word.

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Re: If you had $500 to wisely invest, how would you? [Re: Cepheus]
    #12476495 -

I have a decent portfolio and didn't lose too much when the market crashed. I mean I lost out, don't get me wrong, but I only dropped about 15% in value, which wasn't bad.

that being said, $500 isn't much to invest. but if you are looking to really capitalize on it, go for some high risk, high gain stocks.  you might make some money in just a short time. reinvest what you make back into the market, other high risk, high gain stocks.  Once I broke 2k I would start to invest in some more medium risk, medium gain, and low risk low gain farther down the road.  The trick is diversity. don't invest everything in NYSE, or NasDaq, diversify. buy some mutual funds, etc.


--------------------
Semi-Official Shroomery Fantasy Hockey 2010 League
"I just solved world peace! Everybody just needs to take a piss!"
Ythan said: nismo2491 won the ban lotto for the week of May 09, 2010
Shroomery - #1 Distraction from Studying

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Re: If you had $500 to wisely invest, how would you? [Re: nismo2491]
    #12476512 -

Handgun address to the CEO's of goldmans sacs


--------------------
I must not fear. Fear is the mind-killer. Fear is the little-death that brings total obliteration. I will face my fear. I will permit it to pass over me and through me. And when it has gone past I will turn the inner eye to see its path. Where the fear has gone there will be nothing. Only I will remain.


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Re: If you had $500 to wisely invest, how would you? [Re: trekie]
    #12476519 -

trekie said:
Handgun address to the CEO's of goldmans sacs



--------------------
Semi-Official Shroomery Fantasy Hockey 2010 League
"I just solved world peace! Everybody just needs to take a piss!"
Ythan said: nismo2491 won the ban lotto for the week of May 09, 2010
Shroomery - #1 Distraction from Studying

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