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Old 08-22-2008, 10:51 AM   #1
ElConquistador
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inherited 50k... where should I put it?

Money Market, Stocks, Mutuals, Forex, Real Estate, Gold... porn?

don't need it liquid and want the best return over a 10 year period.



and here's my prediction on the first few BS replies:

- hookers and blow
- tube site
- KY jelly
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Old 08-22-2008, 10:53 AM   #2
Verbal
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wait a little while and buy some real estate
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Old 08-22-2008, 10:53 AM   #3
LeRoy
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I'll go with hookers and Blow
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Old 08-22-2008, 10:54 AM   #4
baddog
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My pocket has some room it it.
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Old 08-22-2008, 10:54 AM   #5
gornyhuy
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Hire a full time servant for a year.
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Old 08-22-2008, 10:54 AM   #6
woj
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stocks, mix it up and in the next 10 years you should do well
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Old 08-22-2008, 10:54 AM   #7
tony286
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blue chip conservative growth mutual fund.
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Old 08-22-2008, 10:54 AM   #8
klaze
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Waffles.

Invest in waffles.
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Old 08-22-2008, 10:55 AM   #9
TheSenator
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Buy a foreclosed home and flip it.
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Old 08-22-2008, 10:56 AM   #10
LeRoy
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ok seriously. Dont put it into porn. I hear too many stories of people losing $$ in porn
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Old 08-22-2008, 10:56 AM   #11
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inherited 50k... where should I put it?

On Black, baby.


I mean it's found money, if you lose so what. If you win I want 15%
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Old 08-22-2008, 10:56 AM   #12
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buying hookers would be silly


buy the pimps and help them expand
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Old 08-22-2008, 11:00 AM   #13
HorseShit
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tube site and ky jelly
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Old 08-22-2008, 11:04 AM   #14
BAKO
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Buy good traffic and send it to sexsearch revshare ;)
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Old 08-22-2008, 11:04 AM   #15
ElConquistador
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so far we have:

2 real estates
- wait a little while and buy some real estate
- buy a foreclosed home and flip it.

2 stocks/mutual
- blue chip conservative growth mutual fund.
- stocks, mix it up and in the next 10 years you should do well
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Old 08-22-2008, 11:10 AM   #16
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Originally Posted by ElConquistador View Post
so far we have:

2 real estates
- wait a little while and buy some real estate
- buy a foreclosed home and flip it.

2 stocks/mutual
- blue chip conservative growth mutual fund.
- stocks, mix it up and in the next 10 years you should do well
with 50k i would build up some sites and make money off them,

or start an online currency exchange service

or start a hosting company(start with virtual/reseller plans)

etcc.. stock yield is crappy, u could gain/lose, and mutual fund yield is crappy..

the market sucks now.. better off investing your money into business.

OR, I would buy a laundromat with it.. easy money..

I see that laundromats have about 4yr return on profit.. Basically if you want a laundromat that makes $10k/yr PROFIT, ull spend $40k..

So with your $50k, you will buy a good laundromat that makes $1k/month profit..

It seems small, but $1k/mo for life is good, plus thats about 20&#37; return.

By the way, when you make the first $10k of profit, use it as a 20% down payment for another $50k laundromat..

RINSE and repeat...
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Old 08-22-2008, 11:11 AM   #17
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...in my pocket...ill hold it for you
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Old 08-22-2008, 11:14 AM   #18
Eriic
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My pocket has some room it it.
So does your head
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Old 08-22-2008, 11:18 AM   #19
HollywoodChris
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Open an account at ingdirect and make 3% a month or buy gold.
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Old 08-22-2008, 11:20 AM   #20
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fuck mutuals...put it in a vangaurd etf fund...you will be happy - (pick fund depending on your taste for risk)
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Old 08-22-2008, 11:21 AM   #21
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invest in tech
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Old 08-22-2008, 11:22 AM   #22
xxweekxx
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ING DOESNT PAY 3&#37; a month? Isnt it 3% a YEAR not month..
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Old 08-22-2008, 11:25 AM   #23
moneybiz
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Split it up into 10 5k cds.
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Old 08-22-2008, 11:27 AM   #24
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depends on what part of the country/world you are in assuming its USA and its not in a real negative growth area like Dayton OH

Buy a moderately priced home, in distress, below market value, 50K is a good downpayment if not enough to buy outright.

Fix the house up and turn it into rental property, In a bout 2-3 years when the housing market rebounds (and it will) sell it, you should easily double your money with very little risk...your renters are probably paying more than any note you carry on it if you have to finance part of it.
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Old 08-22-2008, 11:27 AM   #25
Holly
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Heroin.

Thank me later.
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Old 08-22-2008, 11:27 AM   #26
gadabout
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I would put it in a Swiss bank as they are the only currency backed by gold or build a business. The laundromat idea is great if it really works that well.
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Old 08-22-2008, 12:31 PM   #27
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Personally I would invest it in one of my many killer ideas. I can help ya invest some or all of it if you want. Hit me up
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Old 08-22-2008, 12:37 PM   #28
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Build a KY jelly pool!!
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Old 08-22-2008, 12:39 PM   #29
Dvae
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Forex...
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Old 08-22-2008, 12:48 PM   #30
aico
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buy gold
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Old 08-22-2008, 12:48 PM   #31
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In my epass account please. Thank you drive thru.
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Old 08-22-2008, 01:16 PM   #32
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Wait another year or so, then put it in an index fund or index ETF.

Forex is much like taking the money to the casino. Real estate, right now, is for irrational optimists. Starting a company is getting a second job, with all the headaches that go along with that.

With an amount as small as $50k, actively investing and managing the investment simply isn't worth the time.
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Old 08-22-2008, 01:21 PM   #33
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Invest all your money in weapons industry!
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Old 08-22-2008, 01:30 PM   #34
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Buy BondageSex.com from my sig, turn it into a community/review site in the bondage niche, and feed it with traffic + link trades...
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Old 08-22-2008, 01:52 PM   #35
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Stamps & Baseball cards
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Old 08-22-2008, 01:59 PM   #36
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I dunno what Id do with it!
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Old 08-22-2008, 02:02 PM   #37
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ING DOESNT PAY 3% a month? Isnt it 3% a YEAR not month..
Actually at the bottom it says:

Interest is calculated daily and paid monthly.

So is this really a 36% APR? Wait.. what?

http://www.ingdirect.ca/en/save-invest/isa/index.html
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Old 08-22-2008, 02:34 PM   #38
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low budget horror movie that pays you for years and years to come
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Old 08-22-2008, 02:35 PM   #39
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My pocket has some room it it.
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Old 08-22-2008, 02:38 PM   #40
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There is alot you have to know before you buy property.
It's great to buy when normal people are all scared and broke.

You could always lease a small office, apply for a dealer license and sell automobiles.
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Old 08-22-2008, 02:39 PM   #41
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buy life insurance on junkies.

find a methadone clinic, look for some skids, buy them pure heroin to sign a life insurance policy payable to you.
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Old 08-22-2008, 02:43 PM   #42
xxweekxx
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Originally Posted by sharphead View Post
Actually at the bottom it says:

Interest is calculated daily and paid monthly.

So is this really a 36% APR? Wait.. what?

http://www.ingdirect.ca/en/save-invest/isa/index.html
no sir..

its paid DAILY but its still not 36%/yr..

Basically with ING im getting 4.5%per annum now, so say i have 10k in there, they'll pay me $450/YR, which divided per day comes out to $1.20/day.

Make sense?
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Old 08-22-2008, 02:49 PM   #43
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i'll go with tube site
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Old 08-22-2008, 02:58 PM   #44
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You need to invest your money in cocaine! All of it!!

High demand! Come here I got a person in Miami waiting for you, he is from Peru.

After you buy the cocaine you need to go to Hollywood and I can sell it for you in a few days.

You would make $350,000 Off of a $50,000 investment in 90&#37; Purity of Cocaine.

After that you repeat until you build enough to start the most popular night club and strip clubs in Las Vegas .

Business men in the legal market will get you to do deals with them and eventually you will build an empire in Pharmaceuticals! You will then sell legal drugs in the U.S. , Canada and international sales. You will become a multimillionaire and soon a billionaire.

You will be so successful your drug dealing partners will turn on you and kill you.

Escobars son will be the fault of your death due to a deal you didn't finish with them cause you have exited the black market.

Your cocaine dealing habits had you storing millions of dollars in random places in your mansion but the Escobar crew took it all.


Your beautiful wife will inherit all your money and never even remember who you are.

Your wife will then sell the pharmaceutical company for pennies of the dollar it is worth to your friend that got you into the health industry , she will liquidate all your stock, your real estate investment venture and spend the money in 5 years. She will then commit suicide from depression and Roxicodone addiction you got her in from your pharmaceutical company. She also had a major heroine and cocaine addiction.

May ElConquistador And His Wife R.I.P

The End!
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Old 08-22-2008, 03:33 PM   #45
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real estate
real estate
real estate....

great buys in us currently distressed markets: green valley (2 mins from vegas) or florida.
those are both retirement areas and how many americans are retiring over the next 20 years?? yes right, baby boomers.. they have the green to retire in style and they are the biggest generation...
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Old 08-22-2008, 03:43 PM   #46
CurrentlySober
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Poo... Seriously... Put it into poo... Poo is the new gold !
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Old 08-22-2008, 03:45 PM   #47
minddust
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ID glide
Midgets tranny and heroin

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Old 08-22-2008, 03:51 PM   #48
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Shall i give you my epass or pp??
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Old 08-22-2008, 03:53 PM   #49
minddust
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paypal? yay

[X] Other/goods

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THANKS FOR THE COCAINE AND THE USED ADULT NOVELTIES
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Old 08-22-2008, 04:12 PM   #50
cherrylula
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Open a Real Doll whorehouse. Has anyone done it yet?

... or even better, a real doll rental service. Like those designer purse rental places... keep her for a week and send her back for another.

ewww
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