best way to invest 10k short-term
02-06-2008, 06:30 PM
#12
1.5 BAR
Join Date: Dec 2006
Posts: 1,049
Re: best way to invest 10k short-term
if you can find a cheap way to buy and sell stocks then go for it..
I bought 10 shares in intel when it was 15 bucks and sold when it was 25.
basically made 100 bucks from a tiny investment for a few weeks.
so say I had 10k to spend like you do, at 15 dollars a share I would have had 660 shares.. when it went up to 25 and I sold, that would have been a 6,500 profit within a month or so. You can setup systems to automatically sell when your share gets close to the original cost, in this example 15 dollars.. that way you never actually lose your investment
I bought 10 shares in intel when it was 15 bucks and sold when it was 25.
basically made 100 bucks from a tiny investment for a few weeks.
so say I had 10k to spend like you do, at 15 dollars a share I would have had 660 shares.. when it went up to 25 and I sold, that would have been a 6,500 profit within a month or so. You can setup systems to automatically sell when your share gets close to the original cost, in this example 15 dollars.. that way you never actually lose your investment
02-06-2008, 06:34 PM
#13
1.5 BAR
Join Date: Dec 2006
Posts: 1,049
Re: best way to invest 10k short-term
also, lets say you bought Google when it opened up to the market, if i recall correctly it was about 150 a share, which is high as ---- for opening price
you put your 10k into Google, right? you get 66 shares, sounds shitty.. but look at the price right now; 66 * 501.71 a share.. that's 33,112
you put your 10k into Google, right? you get 66 shares, sounds shitty.. but look at the price right now; 66 * 501.71 a share.. that's 33,112
02-06-2008, 06:45 PM
#14
0.0 BAR
Join Date: Feb 2005
Posts: 0
Re: best way to invest 10k short-term
Originally Posted by marcj
also, lets say you bought Google when it opened up to the market, if i recall correctly it was about 150 a share, which is high as ---- for opening price
you put your 10k into Google, right? you get 66 shares, sounds shitty.. but look at the price right now; 66 * 501.71 a share.. that's 33,112
you put your 10k into Google, right? you get 66 shares, sounds shitty.. but look at the price right now; 66 * 501.71 a share.. that's 33,112
02-06-2008, 06:50 PM
#15
3.0 BAR
Join Date: Mar 2006
Posts: 5,631
Re: best way to invest 10k short-term
LOL..
Ya, just remember that in 99-01 Yahoo was about 400 a share too... Coming pretty much out of IPO.... ALOT of people made ALOT of money on it. I owned Cisco back in the day, that and excite@ Home... I got some "onside informatin" and cashed out my cisco ---- (after sploitting and coming back up) invested in the Tip and got fucked... AActually, quite a few did..
No more trading for me...
Short term investment
---- that if you have it and you can live without it put it in a CD or some ---- and LEVE IT THE ---- ALONE and let it work for you.
Ya, just remember that in 99-01 Yahoo was about 400 a share too... Coming pretty much out of IPO.... ALOT of people made ALOT of money on it. I owned Cisco back in the day, that and excite@ Home... I got some "onside informatin" and cashed out my cisco ---- (after sploitting and coming back up) invested in the Tip and got fucked... AActually, quite a few did..
No more trading for me...
Short term investment
---- that if you have it and you can live without it put it in a CD or some ---- and LEVE IT THE ---- ALONE and let it work for you.
02-06-2008, 06:56 PM
#17
0.0 BAR
Join Date: Feb 2005
Posts: 0
Re: best way to invest 10k short-term
Originally Posted by TorganFM
Purchase a 3000 gallon fuel tank and fill it with fuel. I'm telling you that's the most stable investment at this point. Gas isn't getting any cheaper, homie.
02-06-2008, 06:58 PM
#19
3.0 BAR
Join Date: Mar 2003
Posts: 21,479
Re: best way to invest 10k short-term
Originally Posted by bigdaddyvtec
I owned Cisco back in the day, that and excite@ Home... I got some "onside informatin" and cashed out my cisco ---- (after sploitting and coming back up) invested in the Tip and got fucked... AActually, quite a few did..
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