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-   -   I have 7K to invest... (https://gfy.com/showthread.php?t=275390)

BT 04-27-2004 09:23 AM

50 bad investments

kush 04-27-2004 09:26 AM

This question cannot be answered well unless you give us more information.... how risky do you want to go, how fast do you want to see return, etc, etc.

Assuming you are of the age/intelligence of the average GFY poster, take the money and go to community college.

I might also suggest investing that money index a REIT or a very broad index fund for long term investment.

You need to build a nest egg sooner rather than later.

SS396chevelleSS 04-28-2004 12:40 PM

Quote:

Originally posted by kush
This question cannot be answered well unless you give us more information.... how risky do you want to go, how fast do you want to see return, etc, etc.

Assuming you are of the age/intelligence of the average GFY poster, take the money and go to community college.

I might also suggest investing that money index a REIT or a very broad index fund for long term investment.

You need to build a nest egg sooner rather than later.

IM already in college, while working full time and messing with this internet shit on the side... I want to take what I have made from the net and multiply it.

Lane 04-28-2004 12:43 PM

all the unfunny jokes in this thread are killing me

kush 04-28-2004 01:57 PM

Quote:

Originally posted by SS396chevelleSS
IM already in college, while working full time and messing with this internet shit on the side... I want to take what I have made from the net and multiply it.
Unless you can come up with a really good plan for that 7K to invest (I can't think of anything for that amount), then for your situation I would really suggest putting it into a stable money market account that pays slightly more than the average savings.

polish_aristocrat 04-28-2004 02:00 PM

Quote:

Originally posted by D-Money
buy a porn domain with type in traffic.

Hopefully you can break even after 4 to 8 months.

hopefully after 2 years

wanderingbear 04-28-2004 02:05 PM

i agree with the bulid content then buy a site.. after that, sign up for Overpro.com and your earnings with skyrocket

The Alibi 04-28-2004 03:07 PM

Quote:

Originally posted by kush
This question cannot be answered well unless you give us more information.... how risky do you want to go, how fast do you want to see return, etc, etc.

Assuming you are of the age/intelligence of the average GFY poster, take the money and go to community college.

I might also suggest investing that money index a REIT or a very broad index fund for long term investment.

You need to build a nest egg sooner rather than later.

Wrong time to buy REITs. Look at a recent chart for the DJ US RE index and the Morgan Stanley REIT index. The threat of rising interest rates will generally impact REITs negatively. Unless you feel like calling the bottom on this one, I'd sit out for a few.


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