View Full Version : If you had $10,000 to invest.
WayFast84
09-07-2007, 07:56 PM
What would you invest in? I am thinking verizon. But not the whole thing.
Btw this is for an ongoing history project and the winner will be pronounced at the end of the semester.
bubba428
09-07-2007, 07:57 PM
I would "invest" it in my cars.....tubular front end for both and on hella mean motor for the T/A
deadtrend1
09-07-2007, 08:01 PM
a "ING" account
i would invest in the rosetta stone software, then you could make money and learn to spell at the same time
BonzoHansen
09-07-2007, 08:06 PM
Winter is coming, you need a hit by year end. I'd check to oil like XOM or BP. Or natural gas/utilites.
foff667
09-07-2007, 08:11 PM
I would invest in an 99-01 LS1 fbody ;)
BonzoHansen
09-07-2007, 08:17 PM
I'm guessing this is some stock market game, so he needs big short term returns.
foff667
09-07-2007, 08:27 PM
my current IRA has gained about 75% over 3 years ie 25% gain per year...
deadtrend1
09-07-2007, 08:31 PM
I'm guessing this is some stock market game, so he needs big short term returns.
we did that when I was in school. Didn't udnerstand how the stock market worked. So I just teamed up with the smart kids .. :)
NJSPEEDER
09-07-2007, 08:33 PM
IRA's are great if you are worried about [protecting money in the last 5 years before retirement. as a young person, be aggressive. emerging technologies, international production companies.......there are a ton of places that you can drop a few thousand and potentially come back with a few million these days. there is the offsetting risk of losing it all overnight too, but that is why people saying "playing the market" instead of "saving in the market"
BonzoHansen
09-07-2007, 08:37 PM
An IRA is an account type, not an asset type. You can buy all sorts of stuff in one. An IRA in and about itself is not 'safe'.
NJSPEEDER
09-07-2007, 08:58 PM
IRA's are almost always range limtied by whichever investment house is managing your funds. most jsut have pick lists for you to choose off of and don't hand out a whole bunch of info.
IRA's also tend to be weak because they don't make the fund manager anything if you move the money around all the time, so they don't care about them.
any fund manager is much mroe willing to put up with an investors flights of fancy if they have some benefit, the only thing they get if an investor loses money in an IRA is bad press and bad ratings that cause people to pul money out.
BonzoHansen
09-07-2007, 09:08 PM
True
jims69camaro
09-07-2007, 09:39 PM
you could more than quadruple your money by year's end if you were to step on the other side of the law... stem cell research.
bioscience
BonzoHansen
09-07-2007, 09:40 PM
or sell crack
r0nin89
09-08-2007, 12:08 PM
Lowes or homedepot. My dad is in the kitchen cabinet business and between lowes and homedepot offering such low rates for kitchens and real estate not moving people are staying put and fixing up not moving up houses...
NJSPEEDER
09-08-2007, 12:23 PM
lowes and home depot stocks are both too slow moving to win any contest that is short term. lowes has announced record earnings 7 consecutive quarters and no one seems to care and home depot is in the slow and painful process of destroying themselves through corporate mismanagement.
for stocks there is no money to be made through the retail side of things. look to technology companies, fuel resource companies, and one fo the big ones that is starting to turn the corner are the diesel engine manufacturers of the world. companies that pay high dividend rates and disperse quarterly are good marks for a school contest because you get to extend your buying power everytime they pay out.
open up the newspaper to the business section and watch what motley fool and cramer are talking about, those guys pick and choose hot button stocks that will make you some money real quick. the key is to get in and out though, don't hang around and wait for the long term look because they only attract transitional buyers that are going to bail and deflate values within the 72 hours of jacking them up.
hey, those 5 years of college are useful after all. lol
shane27
09-08-2007, 01:27 PM
i would just put it in some high intrest CD for a few years
jims69camaro
09-08-2007, 05:59 PM
i would just put it in some high intrest CD for a few years
optimum word being "quick"... no CD is going to pay what you need to win a contest. rates on 6mo CDs suck the big hairy donkey schlong.
Squirrel
09-08-2007, 11:30 PM
the oil industry is not a good market to play the HS hook your teacher up research, because mobil for example makes a steady 1 billion dollars net profit every day, so that wont be good because its steady, you need to find a get in and get out company
Savage_Messiah
09-09-2007, 01:21 PM
Thsi for real life or for a game? My answer is different for each one
NJSPEEDER
09-09-2007, 01:25 PM
the oil industry is not a good market to play the HS hook your teacher up research, because mobil for example makes a steady 1 billion dollars net profit every day, so that wont be good because its steady, you need to find a get in and get out company
although, the flip side is that oil as a commodity may be a good pick up depending on the term of the game. consumption starts fading off this time of year but around mid winter when they start their supply ramp ups for spring and summer you can really make some money.
commodities cna be a real money maker if you take the time to research all the trends. weather is a key fctor for growth items and consumables like fuel oils, precious metals do not benefit from a bad winter at all, but a nice spring for some reason seems to spark demand. i never got that far into studying commodities, but i ave seen some friends make good money in them.
Savage_Messiah
09-09-2007, 01:35 PM
i would just put it in some high intrest CD for a few years
I wouldn't, woukd rather put it in a mid cap fund
NightRydaSS
09-10-2007, 03:14 PM
IRA's are great if you are worried about [protecting money in the last 5 years before retirement. as a young person, be aggressive. emerging technologies, international production companies.......there are a ton of places that you can drop a few thousand and potentially come back with a few million these days. there is the offsetting risk of losing it all overnight too, but that is why people saying "playing the market" instead of "saving in the market"
as my cousin always says "scared money don't make money"
WayFast84
09-10-2007, 04:24 PM
i invested in general electric. because the sun goes down earlier, meaning more lights will be on for a longer period. I had to work with a group :( they picked everything else
79CamaroDiva
09-10-2007, 04:57 PM
i invested in general electric. because the sun goes down earlier, meaning more lights will be on for a longer period. I had to work with a group :( they picked everything else
yeah, but it will be getting cooler so less air conditioners will be on and more oil or gas heaters will be. did you happen to look at the past few years trends to see if this was a good idea first?
WayFast84
09-10-2007, 04:58 PM
yeah, but it will be getting cooler so less air conditioners will be on and more oil or gas heaters will be. did you happen to look at the past few years trends to see if this was a good idea first?
:lol: no, I am almost 100 percent sure we lost, doesnt matter though, we still have 1 grand left from the 10 so we can buy stock later if need be.
CJDZ24_Z28
09-10-2007, 07:17 PM
I was thinking about doing something similar. My Annuities are gaining a good amount of intrest but that money is invested into alot of big stocks/gov bonds and a few others. I have to keep checking this tread
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