1. #1
    Deuce
    Eddie Mush
    Deuce's Avatar Become A Pro!
    Join Date: 01-12-08
    Posts: 29,843
    Betpoints: 3519

    1k, what do you invest in?

    Right now sitting in a Nike shoe box in my closet. Where do you invest it? We're not talking sports gambling. Market is shit. Is it in a better place in the shoe box than the stock market? I think so at this point. Lets here the suggestions.

  2. #2
    firedawg
    firedawg's Avatar Become A Pro!
    Join Date: 10-08-08
    Posts: 39,219
    Betpoints: 1066

    buy some stock in dunkins

  3. #3
    LVHerbie
    LVHerbie's Avatar Become A Pro!
    Join Date: 09-15-05
    Posts: 6,344
    Betpoints: 1973

    A money market account (invested in government not corporate obligations) is easily better then keeping it in a shoe box... If that goes to shit the money in the shoe box is worthless anyhow...

  4. #4
    ThaWoj
    hope i dont wake up tomorrow
    ThaWoj's Avatar SBR PRO
    Join Date: 03-09-10
    Posts: 6,260
    Betpoints: 3427

    offer somebody a loan and charge em like 25% interest. i would be willing to borrow 1000 and payback 1250. hell i just borrowed 1000 from my cousin 3 months ago and i'm paying him back 1500! (4 month loan).

    if u want me to be serious, sign up on prosper.com if ur credit is decent and fill peoples loans u can make decent money. otherwise savings account/C.D. at the bank?

  5. #5
    onetrickpony
    onetrickpony's Avatar Become A Pro!
    Join Date: 08-23-10
    Posts: 9,434

    Quote Originally Posted by firedawg View Post
    buy some stock in dunkins

  6. #6
    rfr3sh
    Blind Knucklehead
    rfr3sh's Avatar Become A Pro!
    Join Date: 11-07-09
    Posts: 10,229
    Betpoints: 604

    savings account

  7. #7
    Deuce
    Eddie Mush
    Deuce's Avatar Become A Pro!
    Join Date: 01-12-08
    Posts: 29,843
    Betpoints: 3519

    It will likely go into my bank account. I haven't been to a bank in quite some time. Everything is directly deposited.

  8. #8
    Nats' Fan
    Nats' Fan's Avatar Become A Pro!
    Join Date: 05-30-10
    Posts: 3,057
    Betpoints: 301

    Don't gamble it away, Deuce.

  9. #9
    Shack
    Shack's Avatar Become A Pro!
    Join Date: 04-13-06
    Posts: 314
    Betpoints: 24

    I'd say if you want to save for the future open a Roth IRA if you qualify. From there you could put it in a money market if your afraid of the market or buy a quality stock of your choice. If not a Roth put in bank money market or CD to at least get it out of the house.

  10. #10
    MichaelWaters
    MichaelWaters's Avatar Become A Pro!
    Join Date: 05-19-11
    Posts: 1,525

    Quote Originally Posted by firedawg View Post
    buy some stock in dunkins

  11. #11
    CanuckG
    CanuckG's Avatar Become A Pro!
    Join Date: 12-23-10
    Posts: 21,951
    Betpoints: 584

    invest in plutonic power

    once they get all their contracts signed by 2012 this stock will start booming

    http://www.stockhouse.com/tools/?pag...26table%3DLIST

    cheapest you'll ever get it at.

  12. #12
    No coincidences
    Baseball at The Corner
    No coincidences's Avatar Become A Pro!
    Join Date: 01-18-10
    Posts: 76,300
    Betpoints: 16541

    Quote Originally Posted by CanuckG View Post
    invest in plutonic power

    once they get all their contracts signed by 2012 this stock will start booming

    http://www.stockhouse.com/tools/?pag...26table%3DLIST

    cheapest you'll ever get it at.
    Is there anything you don't know about Canuck?


  13. #13
    CanuckG
    CanuckG's Avatar Become A Pro!
    Join Date: 12-23-10
    Posts: 21,951
    Betpoints: 584

    yes. cricket.

  14. #14
    No coincidences
    Baseball at The Corner
    No coincidences's Avatar Become A Pro!
    Join Date: 01-18-10
    Posts: 76,300
    Betpoints: 16541

    Quote Originally Posted by CanuckG View Post
    yes. cricket.
    And SBR rules about posting personal info.

  15. #15
    CanuckG
    CanuckG's Avatar Become A Pro!
    Join Date: 12-23-10
    Posts: 21,951
    Betpoints: 584

    Oh...I already knew about that.

  16. #16
    Cuse0323
    Cuse0323's Avatar Become A Pro!
    Join Date: 12-09-09
    Posts: 30,169
    Betpoints: 87

    Quote Originally Posted by CanuckG View Post
    invest in plutonic power

    once they get all their contracts signed by 2012 this stock will start booming

    http://www.stockhouse.com/tools/?pag...26table%3DLIST

    cheapest you'll ever get it at.
    Don't bury me here, I'm going big on this shit.

  17. #17
    CanuckG
    CanuckG's Avatar Become A Pro!
    Join Date: 12-23-10
    Posts: 21,951
    Betpoints: 584

    Quote Originally Posted by Cuse0323 View Post
    Don't bury me here, I'm going big on this shit.
    in all seriousness....it's a good investment. Dad's friend is the majority share owner and predicts it will hit $40/share by 2015. The big plan is to give power to California ...which is where they will make most of their money. They will also have dams all over British Columbia pumping energy to 100's of thousands of households. Clean, efficient energy is the future.

    The stock was at $10/share at one point due to a lot of media hype but it has gone down to what it should be at since contracts are still being negotiated.

  18. #18
    No coincidences
    Baseball at The Corner
    No coincidences's Avatar Become A Pro!
    Join Date: 01-18-10
    Posts: 76,300
    Betpoints: 16541

    Quote Originally Posted by CanuckG View Post
    Oh...I already knew about that.
    Just worth the time off?

  19. #19
    BrickJames
    Action
    BrickJames's Avatar SBR PRO
    Join Date: 05-05-11
    Posts: 9,761
    Betpoints: 8914

    loan it out to your buddies with a little interest added. Safest place to keep you money is in the street working for you. If you only have 1k, dont lone more the 100 to any one person. Once you get to $1500, start loaning 150. Charge %20 for the first week and %10 each week after that. Also its always best to get a little collateral. Rule of thumb for collateral is its worth %10 of what it costs new. So if a guy needs $100 you take his laptop or tv till he pays. With the interest compounding you will get stiffed 3/10 times.

  20. #20
    JMobile
    CM Punk -1000.5 (100X)
    JMobile's Avatar Become A Pro!
    Join Date: 08-21-10
    Posts: 19,064
    Betpoints: 26848

    Buy rookie cards.

  21. #21
    dj_destroyer
    I'm +EV
    dj_destroyer's Avatar Become A Pro!
    Join Date: 07-28-10
    Posts: 3,856
    Betpoints: 383

    Uranium One (UUU) -- This stock has been my little darling for the last 3 years.

  22. #22
    No coincidences
    Baseball at The Corner
    No coincidences's Avatar Become A Pro!
    Join Date: 01-18-10
    Posts: 76,300
    Betpoints: 16541


  23. #23
    onetrickpony
    onetrickpony's Avatar Become A Pro!
    Join Date: 08-23-10
    Posts: 9,434

    Quote Originally Posted by CanuckG View Post
    in all seriousness....it's a good investment. Dad's friend is the majority share owner and predicts it will hit $40/share by 2015. The big plan is to give power to California ...which is where they will make most of their money. They will also have dams all over British Columbia pumping energy to 100's of thousands of households. Clean, efficient energy is the future. The stock was at $10/share at one point due to a lot of media hype but it has gone down to what it should be at since contracts are still being negotiated.
    i smell foul play here pal

  24. #24
    tony_come
    tony_come's Avatar Become A Pro!
    Join Date: 03-31-10
    Posts: 21,695
    Betpoints: 1122

    Go to the nearest casino and go all in... Blackjack mutherfukker

  25. #25
    Naz18
    Naz18's Avatar Become A Pro!
    Join Date: 09-10-09
    Posts: 4,277
    Betpoints: 1940

    Invest that in a 7 team parlay

  26. #26
    Cuse0323
    Cuse0323's Avatar Become A Pro!
    Join Date: 12-09-09
    Posts: 30,169
    Betpoints: 87

    Quote Originally Posted by No coincidences View Post
    this is your best move, you live in detroit right? cook that shit up and profit.

  27. #27
    flyingillini
    flyingillini's Avatar SBR PRO
    Join Date: 12-06-06
    Posts: 41,218
    Betpoints: 2187

    Deuce, buy an Oz of hard and a half of black and get to work!

  28. #28
    clarkacal
    clarkacal's Avatar Become A Pro!
    Join Date: 11-03-09
    Posts: 353

    Non perishable food

  29. #29
    sweethook
    sweethook's Avatar SBR PRO
    Join Date: 11-21-07
    Posts: 12,657
    Betpoints: 10464

    maybe down payment on some land

  30. #30
    Grits n' Gravy
    Bigdaddyqh diddles kids
    Grits n' Gravy's Avatar Become A Pro!
    Join Date: 06-10-10
    Posts: 13,024
    Betpoints: 41120

    Give the money to jj for the use of advertising on his head. Then sell ads to companies under the business plan that since many men see the back and top of jj's dome they will see increased business traffic. I think you could do quite well.

  31. #31
    konck
    Listen the toilet is flushing
    konck's Avatar SBR PRO
    Join Date: 10-17-06
    Posts: 12,551
    Betpoints: 2311

    Phils to win the div -800

  32. #32
    doublej95
    Co Power Poster 2011
    doublej95's Avatar Become A Pro!
    Join Date: 01-26-10
    Posts: 14,094
    Betpoints: 19

    Start a Roth IRA

  33. #33
    neverstoppers23
    neverstoppers23's Avatar Become A Pro!
    Join Date: 11-26-09
    Posts: 6,302
    Betpoints: 41

    Its a very tough thing to invest in just one stock short term. So if you are going long term, I would put my money in well known brands like Apple, Google, Microsoft. If not, Just pick a good mutual fund, you can find numerous rankings on the internet.

  34. #34
    Tomahawk
    Tomahawk's Avatar Become A Pro!
    Join Date: 04-24-10
    Posts: 358
    Betpoints: 2957

    Buy yourself a ship and sit on it whole day! At least it's better then sitting on a Nike shoe box.

  35. #35
    nyplayer33
    nyplayer33's Avatar Become A Pro!
    Join Date: 09-27-06
    Posts: 8,305
    Betpoints: 106

    has anyone ever lent money on prosper

12 Last
Top