NationStates Jolt Archive

So...lets say you suddenly get $10000. Your living expenses are currently covered, and you don't have any debt. How do you invest it?

Get an index tracker on the FTSE sharpish.

I buy things to make my familys life more enjoyable.

I would put it into an account for a time when my living expenses weren't covered or when I needed it to avoid debt.

Invest in Stock market while it is down. Wait for rebound in 3-10 years. Retire rich as hell.

My living expenses are already covered and I don't have any debt, does that mean I get $10 700?

Dunno. But I'd definitely go to Japan shortly afterwords.

I would invest in derivatives and real estate. I think that's a pretty foolproof plan.

There are quite a few banks whose stock should be bottoming out in the short term. I'll put money into one of those. Banks are going to be here forever it seems, with governments throwing free money around and all.

I would put it into an account for a time when my living expenses weren't covered or when I needed it to avoid debt.
I have some savings/investments currently (all either in stocks or a fidelidy savings account)...I'm thinking I might use this as a more long term investment, but am not really sure what to do with it...I was thinking maybe buying an apartment to lease out, but I'm wary about that. Stocks, I already have some, and might do more, but am not sure if I should stay all in the stock market, or branch out a bit.

Invest in Stock market while it is down. Wait for rebound in 3-10 years. Retire rich as hell.
This is the route I'm thinking of going right now
Dunno. But I'd definitely go to Japan shortly afterwords.
haha...actually, I might use some of it for a trip, strangely enough, to Japan.

Trust fund, I guess.

Either-

Make my short and start pimping it at festivals, or-
Make one of my documentaries, pimp at festivals, or-
Buy an HVX200, new laptop, Arri lighting kit, and FCPS2 so I can make docs almost at will, pimp at festivals & rent gear out to other documentaries to help earn money back on kit, or-
Upgrade my wireless mics to Lectrosonic 400 series and my shotgun mics to 415s and the like, or-
Body work on my VW Bus+New production van.

Third on that list is probably were I'd lean, since it would make the first two possible and might earn the scratch for the last two.

savings

$10,000? Hmm. I have nearly $8,000 and I'm still having a hard time. I'd hold onto it until I earn enough to go to business school, buy a large town house, rent it out, gain enough profit to own my own apartment complex, work on that for a few years, maybe several more until I earn enough money to own my own luxury hotel. Then retire with a big bankroll. We'll see if that'll work.

So...lets say you suddenly get $10000. Your living expenses are currently covered, and you don't have any debt. How do you invest it?

Pornography. That's one industry whose profits are always up.

I have some savings/investments currently (all either in stocks or a fidelidy savings account)...I'm thinking I might use this as a more long term investment, but am not really sure what to do with it...I was thinking maybe buying an apartment to lease out, but I'm wary about that. Stocks, I already have some, and might do more, but am not sure if I should stay all in the stock market, or branch out a bit.
Keep $200 separate and help someone out with it.....then put the rest in a money market account for growth?

Less than 8,000 euros? Jeez. Can't do much with that amount at home. :(

A holiday I guess.

This sort of happened to me a while ago. Except that it was $8,300.

I dumped it in my savings account. Wohoooooooo. I am so rock 'n' roll.

Less than 8,000 euros? Jeez. Can't do much with that amount at home. :(

A holiday I guess.
Please visit my American village. We would very much like just some of your euros. I have a small child you may be interested in purchasing, 50 euros, just for you.

Maybe I could invest in making a legal brothel. :D

Maybe I could invest in making a legal brothel. :D

A male one! :D

A male one! :D

Nah, a mixed brothel.

Actually, I DO have some debt, so I'd pay that off.
Then I'd have my teeth fixed. Some of them hurt.

I'd have about $5,000 left.

I'd like a lathe, or perhaps a computer-controlled router. I'd look into how 3-D printers are coming along ... haven't dared to look these last two years. Lusting after things I can't afford doesn't motivate me, it just makes me depressed.

Nah, a mixed brothel.

Well, be careful the employees don't fraternise. :p

Keep $200 separate and help someone out with it.....then put the rest in a money market account for growth?

I like that. I think that will definatly be on the list. Given where I got the money (inheritance from my grandparents), I think it's appropriate.

A male one! :D

pornography = bigger market.

pornography = bigger market.

A brothel would still be servicing a large sector of the population.

Sex= one heck of a multi-billion industry

I like that. I think that will definatly be on the list. Given where I got the money (inheritance from my grandparents), I think it's appropriate.

I recently got $6K unexpectedly, I took $1k out and am helping people as they come along.....it's awesome. I took some more out to take a trip to Philly (11 days away! whoo!) and put the rest in savings.

Maybe I could invest in making a legal brothel. :D

After paying health insurance and licensing fees, you'd have $50 left over to secure a premises.

Don't let me spoil your dream. There's lots of fun to be had in a tent!

I'd want the money in a few months, so when everyone else is bankrupt, I can buy all the banks and become capitalist ruler of the world

After paying health insurance and licensing fees, you'd have $50 left over to secure a premises.

Don't let me spoil your dream. There's lots of fun to be had in a tent!

Well, as long as you´re looking to the bright side of things...:D

I'd buy games. Games and sandwichs. A new TV to play my games on :) Ahhh games....

I recently got $6K unexpectedly, I took $1k out and am helping people as they come along.....it's awesome. I took some more out to take a trip to Philly (11 days away! whoo!) and put the rest in savings.

I knew some money was coming...but had no idea it was as much as it turned out to be. Maybe I'll donate for ALS or Alzheimers research.

I've wanted to do a trip to Asia for a while now...maybe some will go to that...but I'm not sure I should spend this money on a trip when I could do something a bit more "responsibile" (blah. Being a grownup sucks)

So...lets say you suddenly get $10000. Your living expenses are currently covered, and you don't have any debt. How do you invest it?

Invest in Vodaphone, or another mobile phone network.

Either that or Royal Dutch Shell, or British Aerospace if possible with a mere $10,000.

Buy slaves in Sudan, attempt to find their families, return them to their families, and if I am unable to find their families attempt to turn them over to some sort of trusted charity organization that can feed/shelter them.

pornography = bigger market.

... and why can't the Brothel also provide pornography?

chat rooms with a little more... interaction...;)

Now, a brothel is probably a fairly good investment.
Current global economy downturn => married couples arguing over money => divorce => need for brothels!

Anyone can find porn for free, so there is no money there (unless you count advertising, but you need a fair few clicks for that)

Develop a basic recording studio and start my own music production business.

... and why can't the Brothel also provide pornography?

chat rooms with a little more... interaction...;)

Sex industry?= the possibilities are endless. :D

i think i'll be going with a conservative, sandwich-heavy portfolio

Even beter, for an investment costing <$1000, make a new shock site (like goatse, tubgirl, lemonparty etc.) and put adds on it:

Buisness plan:

Expenses:
$50 - pay some homeless guy to do something disgusting
$25 - domain registration
$30/month - hosting

Income:
Adds!! pay per view!

Advertising:
Just post it on forums! it'll spread!

Buy stocks in pharmaceutical or consumer goods companies which produce anti-heartburn medication and antacids.

Buy foreign currency?

Invest in foreign companies?

Try to find a company which is going to have the next big breakthrough?

Pay off debt. (Assuming I still had any at the time)

i think i'll be going with a conservative, sandwich-heavy portfolio

You forgot the games, FS.

Buy slaves in Sudan, attempt to find their families, return them to their families, and if I am unable to find their families attempt to turn them over to some sort of trusted charity organization that can feed/shelter them.

I'm with you up to the "buy slaves" part. :tongue:

While your intentions are obviously good, by paying a slaver you give them incentive to go take more slaves. The slave you free benefits ... but some other person you aren't aware of yet gets put in the same position.

i think i'll be going with a conservative, sandwich-heavy portfolio

Your insurance against hard times is going to be a nice thick layer of blubber ? :confused:

Cut-price retailers. Other businesses people frequent when they think times are bad. That's what KKR reckons, anyways.

But you need to stay flexible at a time like this. The frequency of big, all-changing news has come down a little, but people still have no idea where they're at.

tight fisted gypsy $10000 will maybe get me a pint of milk over here :tongue:

if I actually had some real money I'd probably a pub or something along those lines (true story: me and my droogs nearly brought a pub once of a bloke going bankrupt for £10k)

So...lets say you suddenly get $10000. Your living expenses are currently covered, and you don't have any debt. How do you invest it?

I'm terrible with investments. So I'd put $2000 into RESPs for the girls, and the rest would be used for some sort of vacation or series of vacations.

Cut-price retailers. Other businesses people frequent when they think times are bad. That's what KKR reckons, anyways.

But you need to stay flexible at a time like this. The frequency of big, all-changing news has come down a little, but people still have no idea where they're at.
I know I'm not investing immediatly...I don't even actually have it yet. I don't plan on acting untill I'm decently convinced the market is bottoming out...which it seems that I have a pretty good eye for.
I'm terrible with investments. So I'd put $2000 into RESPs for the girls, and the rest would be used for some sort of vacation or series of vacations.

Canada or bust?

tight fisted gypsy $10000 will maybe get me a pint of milk over here :tongue:

if I actually had some real money I'd probably a pub or something along those lines (true story: me and my droogs nearly brought a pub once of a bloke going bankrupt for £10k)

Now that...that is interesting.

*ponders owning a bar*

Canada or bust?
With Neesika, you get them both!

*thur-dum-tish*

Gold, silver, an AR-10 and ammo *nods*

video games and the red cross

i have that much money spare. Im putting it towards a bank account where the gov gives me 17c for every $ I put there. And the interest is semi decent but I like the guarenteed 17% growth

Buy a PS3

I knew some money was coming...but had no idea it was as much as it turned out to be. Maybe I'll donate for ALS or Alzheimers research.

I've wanted to do a trip to Asia for a while now...maybe some will go to that...but I'm not sure I should spend this money on a trip when I could do something a bit more "responsibile" (blah. Being a grownup sucks)

Go on a charity vacation to Asia.

http://takemetovolunteertravel.com/VolunteerCambodiaKompongSpue.html

Sure, Cambodia is decidedly unfun, but helping kids would be awesome right?

Go on a charity vacation to Asia.

http://takemetovolunteertravel.com/VolunteerCambodiaKompongSpue.html

Sure, Cambodia is decidedly unfun, but helping kids would be awesome right?
haha...Cambodia is actually one of the number one countries that I want to see in the world right now. I like that idea alot.

I am by no means qualified to speak on this subject (I have exactly $1.43 to my name), but I've read a lot of pro-real estate responses here and I think there couldn't be a more dangerous investment at this time. Sure the feds may avoid some net losses to the banks by purchasing their foreclosures, but it doesn't mean that these cats who have purchased six town houses to "flip" in the next six months is any more capable of paying off that loan than they were before. I think the bubble hasn't quite popped yet, it's just deflated. Give the market another 8 months and we are going to be flooded with new homes on the market , thus driving the price down even further. I suspect the gov wil even sell houses in bundles once they realize they won't make more than 70% of their debt back. Considering gas prices, outsourcing, and an economic shift I would invest 45% in low risk, low yield stocks, 25% in laughably low income appropriate stocks like Campbell Soup, Flower's Baking Co, generic vendors like Wal-mart, and another 20% in long term gov bonds and I'd spend the the final 10% on milk and video games.

Stump grinder.

http://www.southwickarboriculture.com/site/img/stump-1.jpg

All God's chillens got stumps they wants gone.

Porn, guns, porn, and ammo

Good question. It's not nearly enough to even think about really using on purchasing a house, even a tiny one. At least not as is.

As for investing... eh... the stock market hasn't been kind lately. So really I don't know. I'd be sorely tempted just to use it to buy things I've always wanted.

But, the smart thing to do would be to research companies (responsible ones in my case, I refuse to invest in a company that I have big moral issues with) and see which ones looked like they might be going places. Difficult to do in this economic climate.

Ooh, I was wrong today. The Aussie dollar gained yesterday, so I called all the traders idiots because the RBA was due to make a decision on interest rates today. I was expecting a big cut, which turned out to be a right call (.75% down to 5.25%).

Alas, the traders had already factored in a cut and the appreciation yesterday had more to do with gains on equity markets and a bit of relaxation about the risk prospects in Australia. So while I might still have made a bit (there was a fall in the dollar right after the decision because the cut was larger than expected), it bounced back just an hour or so later, so I would've had to be quick.

I guess there's a lesson in that: if you're sitting on the sidelines, don't assume anything without doing a lot of research beforehand.

By the way, if they're still selling houses in the $100 range in inner-city Detroit, maybe you should buy a massive block of land with your $10,000, flatten all the houses and do some development. Hire a heavily armed security company, build a wall and you'll have a safe haven in urban Detroit. There must be a market for that sort of thing.

Finish renovating my kitchen. Put the rest on the mortgage.

Ooh, I was wrong today. The Aussie dollar gained yesterday, so I called all the traders idiots because the RBA was due to make a decision on interest rates today. I was expecting a big cut, which turned out to be a right call (.75% down to 5.25%).

Alas, the traders had already factored in a cut and the appreciation yesterday had more to do with gains on equity markets and a bit of relaxation about the risk prospects in Australia. So while I might still have made a bit (there was a fall in the dollar right after the decision because the cut was larger than expected), it bounced back just an hour or so later, so I would've had to be quick.


I don't think that with all the swap lines and currency interventions these days central bank target interest rates mean all that much.

*ponders owning a bar*

problem is you also have to buy and then sell the alcohol (which I'm told is harder than you think requiring long hours and no weekend)

a safe haven in urban Detroit.

and while your at it invest in those fancy Zeppelins!