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-   -   any suggestions for low risk investments? (https://gfy.com/showthread.php?t=186741)

snowpimp 10-16-2003 10:37 AM

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?

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!:thumbsup

xxxjay 10-16-2003 11:19 AM

crack


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