11-16-2012, 05:32 AM
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A B User
Industry Role:
Join Date: Dec 2007
Posts: 256
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Quote:
Originally Posted by NiXXiN
...if you had 10k to invest in anything to get a good return on it.
i know some of you are pretty savy and might have some good information and ideas, all i can think of atm is dumping it all on gold/silver or other precious metals that seem to be rising over the years.
what do?

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Buy high, sell low? Seems you might be considering buying in at the peak of the precious metals market. I lost plenty of money doing that when I was younger. Just saying, what goes up, usually comes down - hard too. (In case anyone has already forgotten the Real Estate, Telecom and DotCom bubbles)
$10K is a tough number to work with, because most investment vehicles (Stocks, Bonds, Commodities) have Fees and Commissions attached to them. So if your investment is a good one and you see its value go up, your earnings end up in some Brokers pocket. If your investment craps out, you lose money and the Broker still gets paid.
You might be best off putting the money back into your business, where you can personally manage it's return.
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There is no excuse for ignorance, yet it still remains a powerful force.
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