Investing, Investment Experience anyone???***
#11
Re: Investing, Investment Experience anyone???***
Originally Posted by fork
http://www.bankaholic.com/best-cd-account-rates/
http://www.bankaholic.com/money-market/
10k at 5.65 percent for 6 months will make you about 285 minus fees
http://www.bankaholic.com/money-market/
10k at 5.65 percent for 6 months will make you about 285 minus fees
Buy drugs. Sell drugs. Make money.
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#13
Re: Investing, Investment Experience anyone???***
Word, if you have any idea or interest at all, do it yourself. Alot of analyst's are still saying uranium is going to go for another ride this year, so small cap uranium mining and production companies are worth a look, still a lot of risk involved as with most small caps, but i'm young so i go for big risk/big reward kinda ----. Pick up a book like understanding wall street or something similar(i'm sure amazon has a million other related titles) and start studying. The better you understand what you are doing, the better your chances, but remember at the end of the day it's still a craps shoot, but you can eliminate a lot of the risk with knowledge and research.
#14
Re: Investing, Investment Experience anyone???***
I honestly think for short term investing you need to put YOUR brains to work and not hand your money over to a bank and get a couple hundred bucks profit after 6 months of waiting.
You know how to work on cars? Buy someones car they can't afford to fix for dirt cheap. Fix it for dirt cheap, sell for a profit. Lather rinse repeat. You will have to get your hands dirty, but you will make way more money in the end. My old roommate made a ------- killing buying cars for dirt cheap off Ebay and selling them locally for way more than he paid. One time his boss flew him to Vegas, he bought a ~98 S10 for like $2800, drove it back here and sold it to some dude for $5000 cash. A ------- $2200 profit just for shaking a few hands.
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You know how to work on cars? Buy someones car they can't afford to fix for dirt cheap. Fix it for dirt cheap, sell for a profit. Lather rinse repeat. You will have to get your hands dirty, but you will make way more money in the end. My old roommate made a ------- killing buying cars for dirt cheap off Ebay and selling them locally for way more than he paid. One time his boss flew him to Vegas, he bought a ~98 S10 for like $2800, drove it back here and sold it to some dude for $5000 cash. A ------- $2200 profit just for shaking a few hands.
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#16
Re: Investing, Investment Experience anyone???***
Originally Posted by hatchboy
yea i was going to go to edward jones not charles shcwab, i got them confused.
See what she thinks and what would be the best route for me.
See what she thinks and what would be the best route for me.
#18
Re: Investing, Investment Experience anyone???***
big companys that are a safe bet mean safe for long term slow building. I want something somewhat short term to make me some money. I am not trying to get rich off 10,000, that just wont happen. Just want to make money with it while im not spending it.
#19
Re: Investing, Investment Experience anyone???***
well the best bet then would be a small company that is building quickly i would guess. i haven't talked to my mom in a couple days but she probably could suggest something else for a short term decent return stock to invest in. Or you could invest in another countries dollar and hope it goes up. Cananda is looking pretty good. Trade all your money for canadian money and sit on it for a while. Then cash it in later and have fun.
#20
Re: Investing, Investment Experience anyone???***
i have my money invest in all canadian companies, Canadian precious metals, gold silver copper ect. banks and investment funds. I have an Italian investor at one of our local investment places. Not sure if you have a money concepts down there or not. But best bet would be to look in the phonebook and go ask people that do this for a living. you sir want high risk for this small duration.
Cliff:
High Risk = Big Money unsafe
Low Risk = Little Money, Safe ( Banks, mutual funds)
Take money to people that do this for a living
Cliff:
High Risk = Big Money unsafe
Low Risk = Little Money, Safe ( Banks, mutual funds)
Take money to people that do this for a living