any Financial Guru's around? - GoFuckYourself.com

aflex · 09-30-2003, 11:49 PM

could any financial buffs recommend companies to look into for investing? i'm looking to gain as much return as possible with medium - medium high risk.. i'd like to stay away from stocks for now. i was told to invest in CD's, but that would lock my money up for a period of time, i'd still like access to it..

any suggestions would be cool, thanks guys

liquidmoe · 09-30-2003, 11:50 PM

There was actually a stock that looks quite promising, bio-medical, came out with a very good invention that has just recently been FDA approved, but since you arent into that, real estate is always a good bet as long as you do some research before hand.

aflex · 09-30-2003, 11:52 PM

real estate is what ultimately im gonna invest in, once im ready for it and out of college. right now im looking for something to put my money to use, i have low 5 figures in a regular savings account with like 1% interest.. which is nothing.

ZakAttack · 09-30-2003, 11:54 PM

http://www.vestinmortgage.com/

Ties your stuff up for about a year though.

baddog · 09-30-2003, 11:57 PM

there is a new version of the 401k for self employed persons (think it is called an SEP) and you can deposit up to $40k/yr into it, and is 100% tax free.

GeXus · 09-30-2003, 11:59 PM

If you decide you do want to dip into stocks.. Let me know, I manage portfolios for my parents, neibors, friends, and several others. I take 20% and my average return per year is around 45%.. Sometimes much more, sometimes less.

MrIzzz · 10-01-2003, 12:00 AM

go to atlantic city and let it all roll on number 8...u can't go wrong

BigFish · 10-01-2003, 12:03 AM

dude, lol!! i seriously think you go do some research before you go asking GFYers. hah, 20% charge.

http://university.smartmoney.com/

aflex · 10-01-2003, 12:05 AM

GFY is my research for now

20% is bit much, but i'm not interested in paying fees out at all.

cool website BigFish, checking it out now

grogan · 10-01-2003, 12:06 AM

gss, noof

play on the bounces, easy money.

findwhat was easy money too, shoulda put all eggs in basket. tripled what I put in though.

davidd · 10-01-2003, 12:06 AM

You left out a few crucial requirements that need to be discussed.

1. What is your time frame? You mentioned CD's so I am assuming instant liquidity is not necessary.

2. What is your definition of medium to medium-high risk? Are you willing to see your initial investment drop 25% in a short period of time and be able to sleep at night? 50%?

With the above said, making a good % on that money is not overly difficult.

I do not make outright suggestions on a message board, but I would seriously investigate ForEx (currency) trading with 10:1 leveraging or the numerous royalty trusts traded on the NYSE.

09-30-2003, 11:49 PM	#1
aflex Confirmed User Join Date: Oct 2002 Location: New Jersey - adaptweb at gmail.com Posts: 3,127	any Financial Guru's around? could any financial buffs recommend companies to look into for investing? i'm looking to gain as much return as possible with medium - medium high risk.. i'd like to stay away from stocks for now. i was told to invest in CD's, but that would lock my money up for a period of time, i'd still like access to it.. any suggestions would be cool, thanks guys __________________ self made mothafucka. buying premium domains & developed sites with revenue/traffic -> adaptweb at gmail.com

09-30-2003, 11:52 PM	#3
aflex Confirmed User Join Date: Oct 2002 Location: New Jersey - adaptweb at gmail.com Posts: 3,127	real estate is what ultimately im gonna invest in, once im ready for it and out of college. right now im looking for something to put my money to use, i have low 5 figures in a regular savings account with like 1% interest.. which is nothing. __________________ self made mothafucka. buying premium domains & developed sites with revenue/traffic -> adaptweb at gmail.com

09-30-2003, 11:59 PM	#6
GeXus Confirmed User Join Date: May 2003 Location: Yo Mommas Pussy Posts: 3,320	If you decide you do want to dip into stocks.. Let me know, I manage portfolios for my parents, neibors, friends, and several others. I take 20% and my average return per year is around 45%.. Sometimes much more, sometimes less. __________________

10-01-2003, 12:05 AM	#9
aflex Confirmed User Join Date: Oct 2002 Location: New Jersey - adaptweb at gmail.com Posts: 3,127	GFY is my research for now 20% is bit much, but i'm not interested in paying fees out at all. cool website BigFish, checking it out now __________________ self made mothafucka. buying premium domains & developed sites with revenue/traffic -> adaptweb at gmail.com

09-30-2003, 11:50 PM	#2
liquidmoe Confirmed User Join Date: Mar 2002 Location: NY Posts: 4,994	There was actually a stock that looks quite promising, bio-medical, came out with a very good invention that has just recently been FDA approved, but since you arent into that, real estate is always a good bet as long as you do some research before hand.

09-30-2003, 11:54 PM	#4
ZakAttack Confirmed User Join Date: Sep 2003 Location: Las Vegas, NV Posts: 350	http://www.vestinmortgage.com/ Ties your stuff up for about a year though.

09-30-2003, 11:57 PM	#5
baddog So Fucking Banned Industry Role: Join Date: Apr 2001 Location: the beach, SoCal Posts: 107,089	there is a new version of the 401k for self employed persons (think it is called an SEP) and you can deposit up to $40k/yr into it, and is 100% tax free.

10-01-2003, 12:00 AM	#7
MrIzzz If u touch it, I will cum Join Date: Sep 2003 Location: long island Posts: 22,923	go to atlantic city and let it all roll on number 8...u can't go wrong

10-01-2003, 12:03 AM	#8
BigFish Confirmed User Join Date: Jan 2003 Location: United States of America Posts: 1,159	dude, lol!! i seriously think you go do some research before you go asking GFYers. hah, 20% charge. http://university.smartmoney.com/

10-01-2003, 12:06 AM	#10
grogan So Fucking Banned Join Date: Feb 2001 Location: CHICAGO Posts: 2,284	gss, noof play on the bounces, easy money. findwhat was easy money too, shoulda put all eggs in basket. tripled what I put in though.

10-01-2003, 12:06 AM	#11
davidd Confirmed User Industry Role: Join Date: Jul 2003 Posts: 1,076	You left out a few crucial requirements that need to be discussed. 1. What is your time frame? You mentioned CD's so I am assuming instant liquidity is not necessary. 2. What is your definition of medium to medium-high risk? Are you willing to see your initial investment drop 25% in a short period of time and be able to sleep at night? 50%? With the above said, making a good % on that money is not overly difficult. I do not make outright suggestions on a message board, but I would seriously investigate ForEx (currency) trading with 10:1 leveraging or the numerous royalty trusts traded on the NYSE.