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Welcome to the GoFuckYourself.com - Adult Webmaster Forum forums. You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today! If you have any problems with the registration process or your account login, please contact us. |
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| Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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06-19-2007, 10:49 PM
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#1 |
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Confirmed User
Join Date: Apr 2007
Posts: 983
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Short term investing $10K? Capitalizing on an IRS screw up.
The IRS screwed up and direct deposited $10k into my bank account. I called the local IRS office to report it but they said that it would take 3-4 months for them to get back to me. Apparently they are in the heat of processing all of the taxes for '06 so they will get to me when they can get to me. No big deal.
I have a savings account at Wachovia but if I left it in there for 3-4 months I would probably yield a whopping $100 (if that and if I'm lucky). I have $10k that I can use to invest short-term since eventually they will contact me and I'll have to pay them back. I have 3-4 months to make the most of my $10k. What would you suggest? Sorry for posting an investment thread on GFY. Please don't P.O.T.C. me for it. *P.O.T.C. = Passion of the Christ |
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06-19-2007, 11:12 PM
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#2 |
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I need a beer
 
Industry Role:
Join Date: Jun 2002
Location: ♠ Toiletville ♠
Posts: 133,949
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Leave it in there and it's a set up
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06-19-2007, 11:14 PM
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#3 |
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Confirmed User
Join Date: Apr 2006
Location: Not a Library!
Posts: 9,748
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Invest in waffle irons quick!
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06-19-2007, 11:14 PM
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#4 |
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Too lazy to set a custom title
Industry Role:
Join Date: Sep 2003
Posts: 22,651
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not a good idea....
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06-19-2007, 11:17 PM
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#5 |
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Confirmed User
Join Date: May 2006
Location: Tampa
Posts: 5,827
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your joking right?
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06-19-2007, 11:32 PM
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#6 |
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A freakin' legend!
Industry Role:
Join Date: Feb 2004
Location: Las Vegas, Nevada USA
Posts: 18,975
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1. If you touch it, you could be committing a crime.
2. If you invest it in a risky high yield investment, it could lose money, and then you'd be screwed. 3. No matter, the IRS will charge you interest. The IRS will likely charge you more interest than you will make on your proposed investment. ...so... Leave it alone!
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Boner Money |
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06-19-2007, 11:58 PM
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#7 |
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Pounding Googlebot
Industry Role:
Join Date: Aug 2002
Location: Canada
Posts: 34,489
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Invest it in a CD or GIC, its secure. I'd do about 2 month terms, that way you can get it back pretty quickly if needed.
WG
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I play with Google. |
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06-20-2007, 12:03 AM
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#8 | |
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Confirmed User
Join Date: Jan 2004
Posts: 2,052
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Quote:
Some of the janus funds have been getting me 20% the past year. The mercury fund has tripled the last few years but I think that fund is closed ? They have some other good funds though ! Another good place to get some fund ideas is http://www.bobbrinker.com/
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06-20-2007, 12:05 AM
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#9 | |
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Too lazy to set a custom title
Industry Role:
Join Date: Jan 2001
Posts: 51,692
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Sounds like a bad plan
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06-20-2007, 06:24 AM
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#10 | |
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Choice is an Illusion
Industry Role:
Join Date: Feb 2005
Location: Land of Obama
Posts: 42,635
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