What kind of invstments do you have currently?

[shady610]

Im not a rich guy by any means, but i try to be savvy with the money i make. i worke in a wharehouse and pt at a nursing home. With the money i have i the following:

Money market account
Franklin Templeton Class a mutual fund ( with monthy deposits )
Sharebuilder account ( not very active though)
401k.


I have saved up a couple thousand now that i may want to put somewhere. im trying to find a new option.. Maybe a REIT. im not researching futures to see what they are about.

any feedback and responses with be welcome.

shady610

[fiveteamer]

i have a coin-op car wash in jamaica queens.

[wtf]

buy jpm, you will be happy ten years from now

[Boner_18]

If you want to take a little more risk w/ equities don't pick a single name. Buy an index etf like SPY. Single names carry far to much risk/reward for semi-passive investors with low amounts of capital. Good luck.

[purecarnagge]

15% should be put towards retirement or investments... investments should be limited to low cost growth mutual funds with 10 year track records. so I would put 401k plus w/e your match is...do it as a roth 401k if possible...otherwise go to a Roth IRA if you can. Then go back to just mutual funds...for any other investments.

[bobbyfk]

Roth IRA, CD'S and some stocks

[tullamore]

The first thing you should do is a ROTH IRA, if you dont have one.

[purecarnagge]

CD's are terrible investments. Stocks are terrible investments. MUTUAL FUNDS!!! MUTUAL FUNDS!!!

[tullamore]

CD's are terrible investments. Stocks are terrible investments. MUTUAL FUNDS!!! MUTUAL FUNDS!!!

I think CD's are ok for your emergency funds. You try to build up a savings of a few months worth of bills, and keep it somewhat easily available. I use a CD for this.

[FreeFall]

stocks, sports, school are my three investments right now. School is the one paying off the most, with stocks and then sports.

[Marigold HD]

money market fund
high risk stocks (not working out)

[seaborneq]

All the bad ones.

[onthewhat]

CD's are terrible investments. Stocks are terrible investments. MUTUAL FUNDS!!! MUTUAL FUNDS!!!

i got burried on mutual funds in the past year or two

[20Four7]

Got bonds and invest in individual stocks. If I like a sector I'll buy the iUnit for the sector. XGD on the TSX for gold, or HHH on the Amex for American internet stocks etc. During the recent downslide I was fortunate to get most of my money out before the bottom fell and recently got back in. I had only a 10% loss while some ppl I know (my parents included) lost 40-50%. For tax reasons I couldn't liquidate everything.

[Fiasco]

how about beating the number with sports?

spread the money throughout the top books, line shop and chase steam

thats what I would do if I wasn't a broke college kid

my investing plan though is 20 year bonds or whatnot when I get out into the work field... open 1 each year (hopefully 25k or so bond)

then in 20 years I get that coming back to me each year plus my traditional retirement...

I am young and stupid though

[losturmarbles]

roth ira, set up a targeted retirement fund.

use a low commission online account, try vangaurd, t rowe price, charles schwab, fidelity. roll over your sharebuilder accoutn and 401k.

it may be worth seek the advice of a professional, just make sure its a fee only consul and not someone that gets paid by commision off your investments.

fidelity is offering FREE seminars around the country. they may interest you.

http://personal.fidelity.com/accounts/services/contact/regionallanding.shtml?srcIndex=2&srcSearch=free%20seminar

[jjgold]

Most guys here lucky to pay the fukkin phone bills pal

[SlickFazzer]

Monthly contributions to IRA in an S&P Index Fund

Have also been doing some trades lately
with GS, CAT, CELG, UYG, and LTM.

[louisvillekid]

got a Billy Ripkin card and some Garbage Pail Kid's cards, a few Buffalo nickels , issue #2 of G.I.Joe comic book.

[SlickFazzer]

The billy ripkin error card?

[louisvillekid]

yes, but it's busted up, had an uncle give it to me years ago, he didn't understand cards have to be kept in great shape, i think he carried it in his wallet or something before he gave it to me, the corners are all rounded and busted and there are creases all over it.

I was being sardonic with my post anyway.