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Guest Mole

What is a good way...

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Guest Mole

When my Mom died, my Pops and I got a lot of money.

 

My Pops said that I could invest $2,000, but he won't give me the money until I find a good way to invest it.

 

Can anyone help me out? Thanks

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Guest Bruiser Chong

Stock in eBay...I'm not joking either. That's one of the few stocks that's actually rising these days.

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Guest EQ

Bonds -- It will take a while to get any kind of return out of it (and with 2000 you're not going to get too much out of them) but there is no risk

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Guest stardust

Look into putting it into an IRA. They have decent interest rates, most of the time you can't touch them for a certain amount of time, and if you go to college, you don't have to report them on the FAFSA, so it doesn't hurt your financial aid eligibility.

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Guest DrTom

Invest it in me. I promise you'll get a return of at least $1000, making it a lot less riskier than the stock market.

 

Seriously, talk to a broker. They can help you determine your goals with the investment, and find the best place to invest based on that.

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Guest bob_barron

Buy the Ottawa Senators.

 

Oh sorry- you asked for a good way to invest your money.

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Guest MaxPower27
Buy the Ottawa Senators.

 

Oh sorry- you asked for a good way to invest your money.

:firedevil:

 

 

that was uncalled for

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Guest Edwin MacPhisto

Don't fuck with the stuck market. $2000 isn't too far off the minimum investment that a lot of mutual funds like Fidelity ask for, and with those, you'll be ensured decent, safe returns every year without the risk of the stock market.

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Guest areacode212
Bonds -- It will take a while to get any kind of return out of it (and with 2000 you're not going to get too much out of them) but there is no risk

This is what I've been doing with my $$$ since the stock bubble burst, and I've been getting some decent returns.

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Guest Fook_Hing_Ho

Invest in me.

 

I am fully operational and come with a 30 day money back guarantee.

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Guest Mole

Even though the stock market is down, there has to be SOME companies that are doing well.

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Guest swan
Don't fuck with the stuck market. $2000 isn't too far off the minimum investment that a lot of mutual funds like Fidelity ask for, and with those, you'll be ensured decent, safe returns every year without the risk of the stock market.

You can indeed lose money with a mutual fund.

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Guest swan

First of all this is a bad place for investment advice. I received an insurance settlement 7 years ago and ended up investing $15,000 through Edward Jones. Because of them I was steered cleared of the dot com craze that killed most. I invest in Stocks, mutual funds, CD's, and a roth IRA on top of the 401K through work. My 15,000 is now worth somewhere in the neighborhood of 30,000-35,000.(I also have money in my Roth URA and company's 401K, I don't want to work till I'm 60+) Was up around 45,000 before the stock market leveled off to a more realistic level. Anyways you are young so you can tolerate the high risk investments. I'd say check out a firm like Edward Jones. They will help you get started and help you invest according to your needs. Right now is a good time to jump in cause the market always shoots up after a war or conflict ends.

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Guest RenegadeX28

Invest in WWE stock.........you know what.....worst idea EVER...

 

 

(Slaps his own hand)

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Guest welshjerichomark

well the real money is in property these days, so you could...like...buy a shed.

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Guest MarvinisaLunatic

Put it in a mattress and bury it in the back yard.

 

If no one finds it first, you'll have $2000 in a couple of years when everyone else is broke on their ass.

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Guest Flyboy

Tell your dad you've found a good way to invest it and then just use the money however you please.

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Guest Marshall

Wine or art or platinum. These things will increse in value in time. But get an advisor.

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