1k, what do you invest in?

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  • Deuce
    BARRELED IN @ SBR!
    • 01-12-08
    • 29843

    #1
    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.
  • firedawg
    BARRELED IN @ SBR!
    • 10-08-08
    • 39230

    #2
    buy some stock in dunkins
    Comment
    • LVHerbie
      SBR Hall of Famer
      • 09-15-05
      • 6344

      #3
      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...
      Comment
      • ThaWoj
        SBR Hall of Famer
        • 03-09-10
        • 6774

        #4
        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?
        Comment
        • onetrickpony
          SBR Hall of Famer
          • 08-23-10
          • 9434

          #5
          Originally posted by firedawg
          buy some stock in dunkins
          Comment
          • rfr3sh
            SBR Posting Legend
            • 11-07-09
            • 10229

            #6
            savings account
            Comment
            • Deuce
              BARRELED IN @ SBR!
              • 01-12-08
              • 29843

              #7
              It will likely go into my bank account. I haven't been to a bank in quite some time. Everything is directly deposited.
              Comment
              • Nats' Fan
                SBR MVP
                • 05-30-10
                • 3057

                #8
                Don't gamble it away, Deuce.
                Comment
                • Shack
                  SBR Sharp
                  • 04-13-06
                  • 314

                  #9
                  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.
                  Comment
                  • MichaelWaters
                    Restricted User
                    • 05-19-11
                    • 1525

                    #10
                    Originally posted by firedawg
                    buy some stock in dunkins
                    Comment
                    • CanuckG
                      SBR Posting Legend
                      • 12-23-10
                      • 21978

                      #11
                      invest in plutonic power

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



                      cheapest you'll ever get it at.
                      Comment
                      • No coincidences
                        SBR Aristocracy
                        • 01-18-10
                        • 76300

                        #12
                        Originally posted by CanuckG
                        invest in plutonic power

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



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

                        Comment
                        • CanuckG
                          SBR Posting Legend
                          • 12-23-10
                          • 21978

                          #13
                          yes. cricket.
                          Comment
                          • No coincidences
                            SBR Aristocracy
                            • 01-18-10
                            • 76300

                            #14
                            Originally posted by CanuckG
                            yes. cricket.
                            And SBR rules about posting personal info.
                            Comment
                            • CanuckG
                              SBR Posting Legend
                              • 12-23-10
                              • 21978

                              #15
                              Oh...I already knew about that.
                              Comment
                              • Cuse0323
                                BARRELED IN @ SBR!
                                • 12-09-09
                                • 30169

                                #16
                                Originally posted by CanuckG
                                invest in plutonic power

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



                                cheapest you'll ever get it at.
                                Don't bury me here, I'm going big on this shit.
                                Comment
                                • CanuckG
                                  SBR Posting Legend
                                  • 12-23-10
                                  • 21978

                                  #17
                                  Originally posted by Cuse0323
                                  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.
                                  Comment
                                  • No coincidences
                                    SBR Aristocracy
                                    • 01-18-10
                                    • 76300

                                    #18
                                    Originally posted by CanuckG
                                    Oh...I already knew about that.
                                    Just worth the time off?
                                    Comment
                                    • BrickJames
                                      SBR Hall of Famer
                                      • 05-05-11
                                      • 9749

                                      #19
                                      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.
                                      Comment
                                      • JMobile
                                        SBR Posting Legend
                                        • 08-21-10
                                        • 19078

                                        #20
                                        Buy rookie cards.
                                        Comment
                                        • dj_destroyer
                                          SBR MVP
                                          • 07-28-10
                                          • 3856

                                          #21
                                          Uranium One (UUU) -- This stock has been my little darling for the last 3 years.
                                          Comment
                                          • No coincidences
                                            SBR Aristocracy
                                            • 01-18-10
                                            • 76300

                                            #22
                                            Comment
                                            • onetrickpony
                                              SBR Hall of Famer
                                              • 08-23-10
                                              • 9434

                                              #23
                                              Originally posted by CanuckG
                                              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
                                              Comment
                                              • tony_come
                                                SBR Posting Legend
                                                • 03-31-10
                                                • 21695

                                                #24
                                                Go to the nearest casino and go all in... Blackjack mutherfukker
                                                Comment
                                                • Naz18
                                                  SBR MVP
                                                  • 09-10-09
                                                  • 4277

                                                  #25
                                                  Invest that in a 7 team parlay
                                                  Comment
                                                  • Cuse0323
                                                    BARRELED IN @ SBR!
                                                    • 12-09-09
                                                    • 30169

                                                    #26
                                                    Originally posted by No coincidences
                                                    this is your best move, you live in detroit right? cook that shit up and profit.
                                                    Comment
                                                    • flyingillini
                                                      SBR Aristocracy
                                                      • 12-06-06
                                                      • 41222

                                                      #27
                                                      Deuce, buy an Oz of hard and a half of black and get to work!
                                                      המוסד‎
                                                      המוסד למודיעין ולתפקידים מיוחדים‎
                                                      Comment
                                                      • clarkacal
                                                        Restricted User
                                                        • 11-03-09
                                                        • 353

                                                        #28
                                                        Non perishable food
                                                        Comment
                                                        • sweethook
                                                          SBR Posting Legend
                                                          • 11-21-07
                                                          • 12667

                                                          #29
                                                          maybe down payment on some land
                                                          Comment
                                                          • Grits n' Gravy
                                                            Restricted User
                                                            • 06-10-10
                                                            • 13024

                                                            #30
                                                            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.
                                                            Comment
                                                            • konck
                                                              SBR Posting Legend
                                                              • 10-17-06
                                                              • 12554

                                                              #31
                                                              Phils to win the div -800
                                                              Comment
                                                              • doublej95
                                                                SBR Posting Legend
                                                                • 01-26-10
                                                                • 14094

                                                                #32
                                                                Start a Roth IRA
                                                                Comment
                                                                • neverstoppers23
                                                                  SBR Hall of Famer
                                                                  • 11-26-09
                                                                  • 6302

                                                                  #33
                                                                  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.
                                                                  Comment
                                                                  • Tomahawk
                                                                    SBR Sharp
                                                                    • 04-24-10
                                                                    • 358

                                                                    #34
                                                                    Buy yourself a ship and sit on it whole day! At least it's better then sitting on a Nike shoe box.
                                                                    Comment
                                                                    • nyplayer33
                                                                      Restricted User
                                                                      • 09-27-06
                                                                      • 8314

                                                                      #35
                                                                      has anyone ever lent money on prosper
                                                                      Comment
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