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gogrowgo123
all the same

Registered: 10/18/05
Posts: 249
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Got $7,500 to invest...help? 1
#6098398 - 09/25/06 12:25 PM (17 years, 4 months ago) |
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hey everyone
I have acquired $7,500 dollars cash that i would really like to invest in some way to make more money. if anyone has good information about this or suggestions of what is good and what is not these days please post back or pm me!
Thanks a bunch!
-------------------- "For everything to be consummated, for me to feel less alone, I had only to wish that there be a large crowd of spectators the day of my execution and that they greet me with cries of hate."
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lemon_lw
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Re: Got $7,500 to invest...help? [Re: gogrowgo123] 1
#6098403 - 09/25/06 12:27 PM (17 years, 4 months ago) |
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well are you more of a low, medium, or high risk type of person?
-------------------- In the belly of the Leviathan, one can either despair and perish, or be cheerful and persevere.-Dean Koontz
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OneMoreRobot3021


Registered: 06/06/03
Posts: 61,024
Loc: the sky
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Re: Got $7,500 to invest...help? [Re: gogrowgo123] 1
#6098408 - 09/25/06 12:28 PM (17 years, 4 months ago) |
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Internet poker - all the cool kids are doing it.
-------------------- Acid doesn't give you truths; it builds machines that push the envelope of perception. Whatever revelations came to me then have dissolved like skywriting. All I really know is that those few years saddled me with a faith in the redemptive potential of the imagination which, however flat, stale and unprofitable the world seems to me now, I cannot for the life of me shake. -Erik Davis
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gogrowgo123
all the same

Registered: 10/18/05
Posts: 249
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Re: Got $7,500 to invest...help? [Re: lemon_lw] 1
#6098409 - 09/25/06 12:28 PM (17 years, 4 months ago) |
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medium i suppose
-------------------- "For everything to be consummated, for me to feel less alone, I had only to wish that there be a large crowd of spectators the day of my execution and that they greet me with cries of hate."
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capliberty
Stranger


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Re: Got $7,500 to invest...help? [Re: gogrowgo123] 1
#6098419 - 09/25/06 12:31 PM (17 years, 4 months ago) |
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The internet poker recommendation is not even funny, unless you know how to work the bonus system
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lemon_lw
Stranger

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Re: Got $7,500 to invest...help? [Re: gogrowgo123] 1
#6098424 - 09/25/06 12:34 PM (17 years, 4 months ago) |
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well ill let you make your own decisions. here is a great website that i read up on a wile back
http://investopedia.com/university/beginner/
i went ahead and linked you to the "investing 101" area but there is quite a bit of info in the tutorials.
good luck
-------------------- In the belly of the Leviathan, one can either despair and perish, or be cheerful and persevere.-Dean Koontz
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Brainiac
Rogue Scientist


Registered: 04/29/06
Posts: 13,259
Loc: 與您的女朋
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Re: Got $7,500 to invest...help? [Re: lemon_lw] 1
#6098704 - 09/25/06 02:06 PM (17 years, 4 months ago) |
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Seven mouth Cd's at 5.15% Just keep reinvesting, evey time they come due = turning them over. Hear is a good website http://clarkhoward.com/
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Fair is Fair
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kindadank
Stranger

Registered: 07/14/03
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Re: Got $7,500 to invest...help? [Re: Brainiac] 1
#6098734 - 09/25/06 02:15 PM (17 years, 4 months ago) |
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I would put every dime in either ATWT or CFRI or both...look up them at:
http://www.hotstockmarket.com/forums/forumdisplay.php?f=37
I would say that in 1-3 months time, you would more than likely make anywhere from a 200-600% return on your investment, if not more. Anyways, these are a little riskier than CD's, but in the world of pink sheet stocks, these are about as solid as it gets. Basically no way to lose with these IMHO.
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kindadank
Stranger

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Re: Got $7,500 to invest...help? [Re: kindadank] 1
#6098738 - 09/25/06 02:16 PM (17 years, 4 months ago) |
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Oh yeah, hold those shares for 1-3 years and you might make a couple hundred thousand dollars.
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geokills
∙∙∙∙☼ º¿° ☼∙∙∙∙


Registered: 05/08/01
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Re: Got $7,500 to invest...help? [Re: kindadank] 1
#6099116 - 09/25/06 04:11 PM (17 years, 4 months ago) |
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Pink sheets? Good god, that isn't anywhere near medium risk - try super extreme ridiculously huge risk! Sure, you can hit it big, but it's like playing the damn lottery. Stocks that trade "over the counter" are not subject to any formal SEC regulation, and therefore the vast majority of their movement is based soley on press releases (meaning: COMPLETE HYPE). It is perfectly legal for these companies to LIE and even decide not to report any of their accounting, because there is absolutely nobody keeping formal tabs on them.
Yes, if you time it right or just get lucky, the return can be phenomenal, but the damage comes swift and without warning.. and in most cases, you will lose a lot of money on the pink sheets if you stay in them for any appreciable amount of time. Stick with securities subject to SEC rules, such as those listed on the Nasdaq, NYSE, and to a lesser extent the Amex. IF you want to be a proactive investor. Stocks are no longer for those with the "buy and hold" mentality - you need to flexible, informed, and come prepared with an exit strategy. Diversification is key!
All that said, if you want to take a passive role in your investment, with no risk - definitely throw your money in a CD or better yet, a liquid Investment account such as HSBC Direct's Oline Savings Account. You get your 5.05% apy (similar to a bank's CD account), but you can pull your money out at any time.
You might also want to peruse the following thread for related information: Buying gold
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-------------------- ┼ ··∙ long live the shroomery ∙·· ┼ ...╬π╥ ╥π╬...
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BIGSWANG
oakridge gang, beotch



Registered: 02/18/02
Posts: 19,397
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Re: Got $7,500 to invest...help? [Re: geokills] 1
#6099126 - 09/25/06 04:16 PM (17 years, 4 months ago) |
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buy natural gas futures before winter hits..im a broker at the nymex ...www.nymex.com
naty gas is super low for this time of year...pm me and i can give you the numbers on who to call
-------------------- Admin Edit: Your signiture is inappropriate and has been removed. Do not harass other members in your signiture. Also refrain from posting links to scat pornography. If I see anything like that here again, you will be banned.
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Jadian
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Re: Got $7,500 to invest...help? [Re: gogrowgo123] 1
#6099128 - 09/25/06 04:18 PM (17 years, 4 months ago) |
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Give it to me and I'll start up a columbian cocaine trading business and give you back 20,000$ assuming Pascal doesn't shoot me for having sex with one of his wives.
-------------------- LNC's official Alaskan stoner
 
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sucklesworth
Lick me where Ipee
Registered: 08/01/03
Posts: 54,259
Loc: If I was up yer ass you'd...
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Re: Got $7,500 to invest...help? [Re: gogrowgo123] 1
#6099131 - 09/25/06 04:19 PM (17 years, 4 months ago) |
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American Funds has a mutual fund called Washington Mutual Investors Fund. It is a blue chip fund that has performed very well and the risk is low to medium.
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HSIHd
ProfessionalHamburgler


Registered: 08/14/02
Posts: 1,719
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Re: Got $7,500 to invest...help? [Re: geokills] 1
#6099137 - 09/25/06 04:20 PM (17 years, 4 months ago) |
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RothIRA's are a sure way to make money. Gauranteed to go up in value. I think the max you can put in them is $2500 a year. You can't take money out until your 60 but they make you mad cash in the long run.
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sucklesworth
Lick me where Ipee
Registered: 08/01/03
Posts: 54,259
Loc: If I was up yer ass you'd...
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Re: Got $7,500 to invest...help? [Re: HSIHd] 1
#6099145 - 09/25/06 04:22 PM (17 years, 4 months ago) |
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IRA's are not gauranteed. IRA's are only a shell that protect you from taxes if you leave the money in place until retirement. You can place any investent in an IRA.
here is a link to washington mutual
http://www.americanfunds.com/funds/details.htm?fundNumber=1
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Prisoner#1
Even Dumber ThanAdvertized!


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Re: Got $7,500 to invest...help? [Re: gogrowgo123] 1
#6099149 - 09/25/06 04:22 PM (17 years, 4 months ago) |
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bank what you have in a money market account or CD for one year, in that year subscribe to the IBD and start tracking, watch trends and such, after that year expires, you're ready to invest
http://www.investors.com/
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HSIHd
ProfessionalHamburgler


Registered: 08/14/02
Posts: 1,719
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Re: Got $7,500 to invest...help? [Re: Prisoner#1] 1
#6099280 - 09/25/06 05:15 PM (17 years, 4 months ago) |
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You could try trading commodities/futures. Thats a pretty tricky thing to figure out though. Basically just gambling. I work with a guy that use to be a broker. He made $35,000 in one night but lost it all within a few hours because he got greedy and didn't sell.
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Leanin
Student of theIron Game

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Re: Got $7,500 to invest...help? [Re: HSIHd] 1
#6099300 - 09/25/06 05:19 PM (17 years, 4 months ago) |
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buy some drugs and give them to me, ill double-triple up your money
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WhiskeyClone
Not here


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Re: Got $7,500 to invest...help? [Re: gogrowgo123] 1
#6099443 - 09/25/06 05:47 PM (17 years, 4 months ago) |
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They're taking over the fucking world as we speak. Mark my words.
-------------------- Welcome evermore to gods and men is the self-helping man. For him all doors are flung wide: him all tongues greet, all honors crown, all eyes follow with desire. Our love goes out to him and embraces him, because he did not need it. ~ R.W. Emerson, "Self-Reliance"
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Dimmy
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Re: Got $7,500 to invest...help? [Re: Leanin] 1
#6099456 - 09/25/06 05:51 PM (17 years, 4 months ago) |
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call me a conservative but i'd put the money in an IRA. If you just 'fell' into the money, it wont seem like a loss but, it can turn into some big money for over enough time. you'll earn interest on your interest (gotta love that compounded continously shit). Just put the money in a Roth IRA , leave it alone except to put more money it. By the time you reach retirement, you'll have some mad bank to live off and, that shit isn't taxed so its all yours! look into it.
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