Stick it in a fixed term savings account with a bank until there is some decent concrete month-on-month indication of an actual pickup in the global economy. Well, that's what I'm doing anyway.
Last edited by CameronPoe (2009-10-07 15:22:40)
- Index »
- Community »
- Debate and Serious Talk »
- You've got 100K USD, what do you do for investment?
Shove it into the highest yield savings account, taking advantage of that temporary $250,000 FDIC insurance
I'm pretty sure there are banks out there that constantly transfer your money around so you get 24 hours of interest instead of 8.. I wouldn't know I blew all my money on gambling and broads.
24 hours of interest, instead of 8? The hell are you talking about. Banks usually quote a per annum rate, and calculate the interest monthly/weekly/daily/whatever.cpt.fass1 wrote:
I'm pretty sure there are banks out there that constantly transfer your money around so you get 24 hours of interest instead of 8.. I wouldn't know I blew all my money on gambling and broads.
As for where your money goes.. they take your deposit and repackage it with others to form their loans
I would use some of it to subscribe to porn sites so I don't have to keep asking for hacked passwords
Hurricane2k9 wrote:
I would use some of it to subscribe to porn sites so I don't have to keep asking for hacked passwords
How about don't invest. Just keep it in a bank. Or under your mattress, whatever.
If he doesn't invest, then it depreciates in value due to inflation. If nothing else, buy some combination of short and long term (5 year) securities that can also be traded on the securities exchange (for liquidity, in case you need to quickly need cash). Those should be relatively risk free, and provide at least some form of return.Mekstizzle wrote:
How about don't invest. Just keep it in a bank. Or under your mattress, whatever.
Deflation would make the money more valuable. I think you meant inflationmcminty wrote:
If he doesn't invest, then it depreciates in value due to deflation inflation. If nothing else, buy some combination of short and long term (5 year) securities that can also be traded on the securities exchange (for liquidity, in case you need to quickly need cash). Those should be relatively risk free, and provide at least some form of return.Mekstizzle wrote:
How about don't invest. Just keep it in a bank. Or under your mattress, whatever.
Edit: Whoops, yeah I did.. - minty
"Ah, you miserable creatures! You who think that you are so great! You who judge humanity to be so small! You who wish to reform everything! Why don't you reform yourselves? That task would be sufficient enough."
-Frederick Bastiat
-Frederick Bastiat
- Superior Mind
- (not macbeth)
- +1,755|6984
Put it all on red.
I would probably use it to buy an apartment. Maybe a car too, but probably not.
I'd use to rest on new clothes and wild vacations.
Maybe 10Gs here and there for investments.
I would probably use it to buy an apartment. Maybe a car too, but probably not.
I'd use to rest on new clothes and wild vacations.
Maybe 10Gs here and there for investments.
Last edited by Superior Mind (2009-10-07 16:08:16)
Carry Trading
JohnG@lt wrote:
Deflation would make the money more valuable. I think you meant inflationmcminty wrote:
If he doesn't invest, then it depreciates in value due to deflation. If nothing else, buy some combination of short and long term (5 year) securities that can also be traded on the securities exchange (for liquidity, in case you need to quickly need cash). Those should be relatively risk free, and provide at least some form of return.Mekstizzle wrote:
How about don't invest. Just keep it in a bank. Or under your mattress, whatever.
Yeah, yes I did.
In this country? Easy. Commodities, esp. iron ore.
The paradox is only a conflict between reality and your feeling what reality ought to be.
~ Richard Feynman
~ Richard Feynman
Currency-insured bank accounts have inflation + interest added onto them.mcminty wrote:
JohnG@lt wrote:
Deflation would make the money more valuable. I think you meant inflationmcminty wrote:
If he doesn't invest, then it depreciates in value due to deflation. If nothing else, buy some combination of short and long term (5 year) securities that can also be traded on the securities exchange (for liquidity, in case you need to quickly need cash). Those should be relatively risk free, and provide at least some form of return.
Yeah, yes I did.
the devil's a security?mcminty wrote:
If he doesn't invest, then it depreciates in value due to inflation. If nothing else, buy some combination of short and long term (5 year) securities that can also be traded on the securities exchange (for liquidity, in case you need to quickly need cash). Those should be relatively risk free, and provide at least some form of return.Mekstizzle wrote:
How about don't invest. Just keep it in a bank. Or under your mattress, whatever.
see this is why i wanna study finance, not engineering and friggin calculus
Lol, I'm doing both engineering and commerce.. the commerce minor is in financeHurricane2k9 wrote:
the devil's a security?mcminty wrote:
If he doesn't invest, then it depreciates in value due to inflation. If nothing else, buy some combination of short and long term (5 year) securities that can also be traded on the securities exchange (for liquidity, in case you need to quickly need cash). Those should be relatively risk free, and provide at least some form of return.Mekstizzle wrote:
How about don't invest. Just keep it in a bank. Or under your mattress, whatever.
see this is why i wanna study finance, not engineering and friggin calculus
yeah but y'see i figure that most business-type majors don't require nearly as much calculus as engineering
Put about half into some ISA's, and the rest into FOREX trading.
They take 'applied' calculus.Hurricane2k9 wrote:
yeah but y'see i figure that most business-type majors don't require nearly as much calculus as engineering
"Ah, you miserable creatures! You who think that you are so great! You who judge humanity to be so small! You who wish to reform everything! Why don't you reform yourselves? That task would be sufficient enough."
-Frederick Bastiat
-Frederick Bastiat
do nothing, you are "poor" ask Dilbert and friends they will tell ya.SealXo wrote:
Srs question. Where would you put it to make some good cash.
Srs responses only plox. No "go play poker and sell drugs" responses.
My personal idea is 50k in gold and 50k in the chinese market under construction stocks.
Buy 100K of Penny stock, Have a small group of trustable friends help me get strangers to buy the stock to raise the value of it. After the value of the stock has hit a certain point. Dump it all for large profit.
Rinse and repeat to until we get bored or until we end up sharing a cell with Madoff.
Rinse and repeat to until we get bored or until we end up sharing a cell with Madoff.
Last edited by Macbeth (2009-10-07 18:42:35)
If you want a do-over. go back to school to pick a new career (works for relationship troubles too if you want to trade up for a young)
Alcohol.
Xbone Stormsurgezz
- Superior Mind
- (not macbeth)
- +1,755|6984
This man knows what's important in life.Kmarion wrote:
Alcohol.
I don't want to put it into a savings account it finally got out of a ~3%/yr real estate mutual fund. Call me greedy but I want something more than 3%. I'm looking to hopefully grasp something in the double digits.
Last edited by SealXo (2009-10-07 21:25:21)
- Index »
- Community »
- Debate and Serious Talk »
- You've got 100K USD, what do you do for investment?