what would you do with 10K to grow your $$$? | |
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| Anonymous Coward User ID: 23552489 09/13/2012 01:30 AM Report Abusive Post Report Copyright Violation | I agree with the poster above. 10K is not really an amount to be invested unless you have NO debt, NO mortgage, NO credit card bills etc. If you have debt,pay it off and if you have any left, then I guess you could buy some gold. Better to put in savings though. |
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| Dr.DoomLittle User ID: 6231580 09/13/2012 02:10 AM Report Abusive Post Report Copyright Violation | If you had 10K how would you grow your $$? Gold? Stuff it under your mattress? Send it to Nigeria? Quoting: Anonymous Coward 4614951 ..pay off debt...if NO debt, use it to stay out of debt...when you have 50-100k..ask again..you're not there yet for the 1st question naw move all in on silver when it drops to 28;; citi just said BUY so it will go down a bit |
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| Anonymous Coward User ID: 7570540 11/13/2012 04:14 AM Report Abusive Post Report Copyright Violation | If it was just me, I would sell the house and use that money to buy land, then I would buy a small RV w/$10000 to live in and pocket everything I made, buying more land and rental units. But, I'm cheap and don't need much - however, I have a husband, two cats, a dog, and two college kids to think about. |
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| jesusV2 User ID: 27653227 11/13/2012 04:22 AM Report Abusive Post Report Copyright Violation | I'd buy Tim Rifat's psychotronic money energy generators and play poker. [link to psychicpowergambling.com] One love |
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| Anonymous Coward User ID: 24866361 11/13/2012 04:42 AM Report Abusive Post Report Copyright Violation | A reasonable return on your investment without high risk of losing cash will be about 4% these days... That's $400 dollars a year and not at all impressive. It's a good starting point if you are going to keep adding to the bundle though. Just ten thousand? A small business start-up, food truck, hot dog stand etc. If business is successful, expand into hot dog empire. Want to make money but do nothing... buy an assortment of precious metals at spot price (if you can find it) and hope for the best. Or buy a chunk of land and wait for value to go up... Mind the taxes. Your question lacks the details needed. Like risk threshold and willingness to participate. Other things to consider. Pay off your debts because the interest rates are higher than any return on investments you could make. Going to school can be considered investing in yourself if at the end you get a higher paying job. If you haven't already done so also consider grabbing a backpack and going out to see the world. Those that die with the most experience wins. |
| Anonymous Coward User ID: 5788499 11/13/2012 04:55 AM Report Abusive Post Report Copyright Violation | a lot of assumptions aside, the object is now return OF capital not return ON capital. the majority of voters have spoken. the results of the election are now crystal clear. the same people and addenda were returned to power so expect massive tax increases and money printing until the system collapses. the math is not in dispute. this is now down to how smart you are. the smart people I know are buying physical gold and silver. |