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-   -   best way to invest 10k short-term (https://www.homemadeturbo.com/general-discussion-6/best-way-invest-10k-short-term-88755/)

nicko360 02-06-2008 03:11 PM

best way to invest 10k short-term
 
ive saved up $10 grand over the last few months and im looking for the best short term investment, any suggestions?

QikEnuF 02-06-2008 03:13 PM

Re: best way to invest 10k short-term
 
Put some in the bank for like a C/D, and then save the rest for college man.

TorganFM 02-06-2008 03:14 PM

Re: best way to invest 10k short-term
 
Buy $10k worth of gasoline.

88dx 02-06-2008 03:23 PM

Re: best way to invest 10k short-term
 
bUY bLACK hOOKers :6

Inquisition 02-06-2008 03:25 PM

Re: best way to invest 10k short-term
 
http://finance.yahoo.com/q/bc?s=GOOG&t=3m

Seems like a good time to buy considering their possible deal with Yahoo!.

nicko360 02-06-2008 03:28 PM

Re: best way to invest 10k short-term
 

Originally Posted by Inquisition
http://finance.yahoo.com/q/bc?s=GOOG&t=3m

Seems like a good time to buy considering their possible deal with Yahoo!.


Im a noob to that kinda stuff, can i do it myself or do i have to go through a company?

the only buying and selling ive ever done is with cars, im trying to decide to invest this money or use it to get a dealers lisence and possibly start a business buying and selling cars cause im hella good at it

Random Hero 02-06-2008 05:44 PM

Re: best way to invest 10k short-term
 
only problem with that is you'll run out of people to sell to!


Buy my car. 12,5 its yours

Ogubudiah 02-06-2008 06:01 PM

Re: best way to invest 10k short-term
 
Right now a CD is your best short term option, I would suggest buying a health/life insurance policy.

Treasury bonds are also good, not exactly short term.

The funnest option by far will be buying land.


jinxy 02-06-2008 06:07 PM

Re: best way to invest 10k short-term
 

Originally Posted by Inquisition
http://finance.yahoo.com/q/bc?s=GOOG&t=3m

Seems like a good time to buy considering their possible deal with Yahoo!.

googles larger, their stock will go down and yahoos will go up :P

bigdaddyvtec 02-06-2008 06:20 PM

Re: best way to invest 10k short-term
 

Originally Posted by nicko360

Im a noob to that kinda stuff, can i do it myself or do i have to go through a company?

the only buying and selling ive ever done is with cars, im trying to decide to invest this money or use it to get a dealers lisence and possibly start a business buying and selling cars cause im hella good at it

Dont buy Microsoft stock... Yet.. Its been falling in the toilet... IF IT goes up... Id get in and out... Quick. Make it and break left.

HondaTuner 02-06-2008 06:22 PM

Re: best way to invest 10k short-term
 
How'd you save up $10k in a few months @ 18 years old?... drugs? lol

marcj 02-06-2008 06:30 PM

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 :6

marcj 02-06-2008 06:34 PM

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

jinxy 02-06-2008 06:45 PM

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

There's penny stocks that would blow your mind with the amount of change. I'm talking 9 cents to 10 dollars... Pretty solid way to lose your ass in a few minutes.

bigdaddyvtec 02-06-2008 06:50 PM

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.

TorganFM 02-06-2008 06:55 PM

Re: best way to invest 10k short-term
 
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.

jinxy 02-06-2008 06:56 PM

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.

fuel doesn't last that long before it starts to break down.

TorganFM 02-06-2008 06:57 PM

Re: best way to invest 10k short-term
 
Sell it!

Dr.Boost 02-06-2008 06:58 PM

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..

I also owned Cisco. My boss talked me into it. They must have seen me coming because that POS stock took a ---- after I bought it. :7
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Guy-Fast 02-06-2008 06:58 PM

Re: best way to invest 10k short-term
 

Originally Posted by SinisterCRX
How'd you save up $10k in a few months @ 18 years old?... drugs? lol



aka parents checking account

HondaTuner 02-06-2008 07:09 PM

Re: best way to invest 10k short-term
 
I wish my parents were so generous.

bluerex 02-06-2008 07:14 PM

Re: best way to invest 10k short-term
 
commodities

Dr.Boost 02-06-2008 07:19 PM

Re: best way to invest 10k short-term
 
A little birdie told me to buy national security stocks if McCain gets elected. ;)
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TorganFM 02-06-2008 07:37 PM

Re: best way to invest 10k short-term
 
Stockpile canned goods, bags of grain, potted meats, vitamins and water.

johnmichael 02-06-2008 07:46 PM

Re: best way to invest 10k short-term
 
buy oxy from chronic pain sufferers. Sell it for 3x what you paid for it.

crx2211 02-06-2008 07:49 PM

Re: best way to invest 10k short-term
 

Originally Posted by johnmichael
buy oxy from chronic pain sufferers. Sell it for 3x what you paid for it.

Haha. Or got to Vancouver, buy a bunch of cheap chronic, hike it across smuggler's path, and sell for 4x in the states. $10k<$40k.

Guy-Fast 02-06-2008 07:55 PM

Re: best way to invest 10k short-term
 
10k to invest with is a joke money wise. Throw it in the bank and go to college

MustangC. 02-06-2008 08:17 PM

Re: best way to invest 10k short-term
 
build a turbo honda with it, best investment ever :1

IntaCooler 02-06-2008 08:27 PM

Re: best way to invest 10k short-term
 
u
casino
10k on red
done.

Random Hero 02-06-2008 08:52 PM

Re: best way to invest 10k short-term
 

Originally Posted by johnmichael
buy oxy from chronic pain sufferers. Sell it for 3x what you paid for it.

Yep quickest way.

Jorsher 02-06-2008 09:01 PM

Re: best way to invest 10k short-term
 
Give me $600, get $1000 back in 4-5 months O0

yayopwrcrx 02-07-2008 06:30 PM

Re: best way to invest 10k short-term
 
Open up a play time forex account and see how easy it is to lose dough... i'll be my ass that 10grand goes right into a savings account...

hotrex 02-07-2008 06:42 PM

Re: best way to invest 10k short-term
 
10k worth of cocaine and find one person to sell it to lump for 15k

total investment time 15 minutes

McBoost 02-07-2008 10:28 PM

Re: best way to invest 10k short-term
 

Originally Posted by yayopwrcrx
Open up a play time forex account and see how easy it is to lose dough... i'll be my ass that 10grand goes right into a savings account...

I just recently got into the foreign exchange market... being taught by a guy making really good money at it (by really good I mean $70K/MONTH).

Right now I'm still learning, haven't used any real money yet. Interbankfx.com - DL the demo

erik_m_o 02-07-2008 11:01 PM

Re: best way to invest 10k short-term
 
http://www.bankaholic.com/money-market/
with 10K and you go with like countrywide. if you lock it in for 12 months you get 4% intrest. you'll make like $400 off it. your not getting rich but it's money

Dr.Boost 02-07-2008 11:10 PM

Re: best way to invest 10k short-term
 

Originally Posted by erik_m_o
http://www.bankaholic.com/money-market/
with 10K and you go with like countrywide. if you lock it in for 12 months you get 4% intrest. you'll make like $400 off it. your not getting rich but it's money

$400 profit in 12 months? Jesus, if you calculate inflation you pretty much lost money on that deal. :3 I could profit $400 in a couple hours of work on a Saturday. :1
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J-SMITH69 02-07-2008 11:17 PM

Re: best way to invest 10k short-term
 
buy 6 russian -----s and making lesbian pornography

88dx 02-07-2008 11:35 PM

Re: best way to invest 10k short-term
 

Originally Posted by Dr.Boost
$400 profit in 12 months? Jesus, if you calculate inflation you pretty much lost money on that deal. :3 I could profit $400 in a couple hours of work on a Saturday. :1

Yeah but being Lazy<working hard 8)

nicko360 02-08-2008 03:46 AM

Re: best way to invest 10k short-term
 

Originally Posted by SinisterCRX
How'd you save up $10k in a few months @ 18 years old?... drugs? lol

flipping cars, i just sold my awd talon today for 7300

nicko360 02-08-2008 03:48 AM

Re: best way to invest 10k short-term
 

Originally Posted by SinisterCRX
How'd you save up $10k in a few months @ 18 years old?... drugs? lol

and im only 17 negro


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