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 Elite Fitness Bodybuilding, Anabolics, Diet, Life Extension, Wellness, Supplements, and Training Boards
 Chat & Conversation
 Any investment ideas for little money?
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| Author | Topic: Any investment ideas for little money? | ||
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Elite Bodybuilder 
Posts: 967 |
I'm looking to invest 1k that I'm getting to start out with. Any ideas on how to make the most with so little?     | ||
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Mutant   
Posts: 3365 |
PORKBELLIES!!! | ||
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Elite Bodybuilder
Posts: 716 |
over what time period? ------------------ | ||
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Elite Bodybuilder
Posts: 967 |
a time limit hasn't been set yet. This is money my faimly has given me to see what I can do with it. So i'm going forward with the assumption that there isn't any time range | ||
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Mutant
Posts: 3365 |
F.C.O.J!!! | ||
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Amateur Bodybuilder 
Posts: 67 |
The college guy, there's not much you're going to be able to do with 1k....I know you're thinking stocks and stuff, well, you'd have to day trade that 1k for like months before you ended up with anything good. What the sam hill do your parents expect you to do with 1k. I'd say honestly go and learn some real estate investing, pick up that carlton sheets thing on tv, or do some form of auctions, or something like that, but 1k ain't really going to get you anything back short term unless you do it hard core with a high success rate. | ||
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Elite Bodybuilder
Posts: 716 |
Well, if you want money fast (or lose it fast), then Wodin has the right idea. There are options too which can be risky if you don't know what you are doing or if you don't cover yourself (they can be very safe if you do the right thing). It is probably obvious that higher risk (futures, options, gambling) will have greater returns, low risk (bonds) is also lower returns. I'd personally just dump it into a mutual fund and let it sit there, you didn't have this money before so it isn't like you will miss it. Roth IRA is another way to go, but you'd want to add another 1K to it, and then add 2K each year - ideally. Or, the market is shitbagging so solidly right now that you could go after a historically good company and buy it now while it is low (everything is) and then sell on the next boom that comes up in the next few years. good luck with whatever you coose. (I'd definitely recomment not blowing it all on lottery tickets... probably not whores either) ------------------ | ||
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Elite Bodybuilder
Posts: 967 |
thanks for the replies so far...I think my faimly just wants to see if I can pull something short of a miracle off...I've always been interested in securities and investments, but for 1k I haven't been able to come up with much in my head that I think will come up with a decent return | ||
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Amateur Bodybuilder
Posts: 199 |
I'm not sure what you are really looking for, but CSCO is trading at about 25 today and I expect that number to increase quite a bit before the end of the year. ------------------ | ||
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Elite Bodybuilder
Posts: 901 |
ill recommend a mutal fund , but put loot in there and let it grow, dont take any out. a good one is american century select or american century ultra. i think its like 2500 t oopen but its all good www.americancentury.com | ||
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Mutant
Posts: 3130 |
open an IRA then find a decent conservative mutual fund...this is the wrong time to try to make some cash in the market... | ||
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Amateur Bodybuilder
Posts: 242 |
Ok Tx, after reading you post on bike week I thought of a good idea that my husband did a few years back. He had $1200 and bought a Katana 1100 (whatever it was) it was a hunk of shit. He panited it, did some minor cosmetic & motor work and sold the bitch for $4000. Then he bought another and did the same thing. This didn't take long, just tedious shit. He sold that one and made another $3000 proffit. He also bought a Fiero for $300 pumped the tires with air, washed it and cleaned the interior in oh...about 4 hours, put it on the side of the road the next day and sold it for $1500. We laughed at that one for months. The guy who bought it delivers pizza in our neighborhood, I crack up evertime I see him. ------------------ | ||
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Pro Bodybuilder 
Posts: 538 |
Buy drugs, sell drugs. lol. ------------------ Copyright � 2001 TheMachine Company, Inc. | ||
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Elite Bodybuilder
Posts: 1070 |
You can invest it in me for my drug regime. When I become Mr.O I shall repay you ten fold. | ||
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Amateur Bodybuilder
Posts: 222 |
go to e-bay and study what sells real well there and then invest in those products and along with a digital camera and post them on that site and see if you can earn extra that way, just do your homework and experiment. | ||
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Pro Bodybuilder
Posts: 538 |
First, establish what kind of return you'd like to get, what your tolerance for risk is (is this "all or nothing"); if timeline is not important, you might want to gamble it into a few individual stocks that are in emerging technologies -- wireless, communications, Tivo-type ideas, etc.. ------------------ Copyright � 2001 TheMachine Company, Inc. | ||
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Mutant
Posts: 3365 |
Have you thought about laying 500 on the triple crown this year? |
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Ultimate Bulletin Board 5.45c
posted February 26, 2001 01:23 PM
