any suggestions for low risk investments? - GoFuckYourself.com

snowpimp · 10-16-2003, 10:37 AM

I'm invested in mostly stocks & a bit of bonds with my long term investments (i'm under 30 and bullish) but I need a better investment with my emergency cash.

My money market account is a safe vehicle and allows my cash to become available quickly but the returns are terrible (about 3%) so I'm looking for something else.

Any ideas of where to invest 10k in emergency cash so it's relatively secure, available quickly and earns a bit more than my money market?

BradShaw · 10-16-2003, 10:38 AM

3% money market? Where?

Shok · 10-16-2003, 10:40 AM

put it in AirTran

you'll double in about 4 months

snowpimp · 10-16-2003, 10:42 AM

Quote:

Originally posted by BradShaw
3% money market? Where?

Well the rate varies, i signed up cuz they said it averages 4%, but i don't think i'm getting anywhere near that since i'm only making about $2.50 a month, sometimes less than a buck....3% might be overestimating...let me dig up exactly which one i picked, i just know it's through ameritrade.

woj · 10-16-2003, 10:43 AM

short Acacia?

snowpimp · 10-16-2003, 10:46 AM

ok brad, it's The Reserve Funds, Primary Fund, looks like they have 83% invested in COD's from around the world. Only 15% is domestic.

snowpimp · 10-16-2003, 10:47 AM

Quote:

Originally posted by woj
short Acacia?

I'm scared that thing might keep going up! Bubble isn't ready to burst yet....besides shorting a stock is hardly a safe investment!

woj · 10-16-2003, 10:53 AM

Quote:

Originally posted by snowpimp

I'm scared that thing might keep going up! Bubble isn't ready to burst yet....besides shorting a stock is hardly a safe investment!

Once cases start going to court and webmasters start winning it may start dropping like a rock, your 10k could turn into 100k in a couple of months. But yea, not the safest investement.

EscortBiz · 10-16-2003, 10:54 AM

what is emergency cash?

Chris E · 10-16-2003, 11:15 AM

Cellphone companies... either US or European. Vodafone would be my pick!

xxxjay · 10-16-2003, 11:19 AM

crack

10-16-2003, 10:37 AM	#1
snowpimp Confirmed User Join Date: Feb 2002 Location: South Lake Tahoe, CA Posts: 1,099	any suggestions for low risk investments? I'm invested in mostly stocks & a bit of bonds with my long term investments (i'm under 30 and bullish) but I need a better investment with my emergency cash. My money market account is a safe vehicle and allows my cash to become available quickly but the returns are terrible (about 3%) so I'm looking for something else. Any ideas of where to invest 10k in emergency cash so it's relatively secure, available quickly and earns a bit more than my money market? __________________ HIGH QUALITY ADULT AND NON-ADULT DESIGN/MARKETING WORK SINCE 1997!! Yan - ICQ # 4790444 - Phone: 530-544-7058 SIGNS, GRAPHICS & PRINTING ~ NETWORKING AND IT SERVICES

10-16-2003, 10:38 AM	#2
BradShaw Confirmed User Join Date: Oct 2001 Location: KB's trailer Posts: 7,840	3% money market? Where? __________________ Sig too big http://www.gofuckyourself.com/gfy_faqs.html Want to use a large banner in your sig??? Contact Eric about getting on as an advertiser - eric AT adult.com

10-16-2003, 10:43 AM	#5
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10-16-2003, 11:19 AM	#11
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10-16-2003, 10:40 AM	#3
Shok Confirmed User Join Date: Apr 2001 Location: LIVE EVIL Posts: 5,611	put it in AirTran you'll double in about 4 months

10-16-2003, 10:46 AM	#6
snowpimp Confirmed User Join Date: Feb 2002 Location: South Lake Tahoe, CA Posts: 1,099	ok brad, it's The Reserve Funds, Primary Fund, looks like they have 83% invested in COD's from around the world. Only 15% is domestic.

10-16-2003, 11:15 AM	#10
Chris E Confirmed User Join Date: Jan 2003 Posts: 2,895	Cellphone companies... either US or European. Vodafone would be my pick!