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-   -   any Financial Guru's around? (https://gfy.com/showthread.php?t=181249)

aflex 09-30-2003 11:49 PM

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 :)

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.


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