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-   -   Do you ever don't know where to spend your money? (https://gfy.com/showthread.php?t=563913)

Quotealex 01-14-2006 07:59 PM

Do you ever don't know where to spend your money?
 
Not that I'm super rich or anything, but I often don't know what to do with all the cash coming in and endup leaving it in my zero interest checking account for months until I invest it in some stocks. Do you always know where to spends your money?

After Shock Media 01-14-2006 08:01 PM

Well I would look into emigrant direct or ING instead of your regular savings, at least that way it is there if you need it but gaining 4% as well.

Spunky 01-14-2006 08:03 PM

Invest in high risk mutuals

Dirty Dane 01-14-2006 08:03 PM

First, pay off all debt. Second, invest in your business. Then save for retirement up to max what is tax deductable. After that, its good wine :)

Quotealex 01-14-2006 08:08 PM

Quote:

Originally Posted by After Shock Media
Well I would look into emigrant direct or ING instead of your regular savings, at least that way it is there if you need it but gaining 4% as well.

Good idei with ING but the money im my checking account is to spend but I often don't feel like buying anything....

Quotealex 01-14-2006 08:08 PM

Quote:

Originally Posted by Dirty Dane
First, pay off all debt. Second, invest in your business. Then save for retirement up to max what is tax deductable. After that, its good wine :)

I have no debt.

SilentKnight 01-14-2006 08:09 PM

Quote:

Originally Posted by Alex from Montreal
Not that I'm super rich or anything, but I often don't know what to do with all the cash coming in and endup leaving it in my zero interest checking account for months until I invest it in some stocks. Do you always know where to spends your money?

RevCan takes care of the majority of it for me.

DUBLIN 01-14-2006 08:11 PM

Learning how to keep it.
Put it in a bank pal.

After Shock Media 01-14-2006 08:12 PM

Quote:

Originally Posted by Alex from Montreal
I have no debt.

Time to buy some then :winkwink:

Actually how are the retirement accounts? Maxing out the SERPs and so on?
Been helping out much with charities? Since you say your debt free and all and this is just money you have to spend, why not help out some while your at it. It often helps you feel a lot better than some new widget ever will.

broke 01-14-2006 08:12 PM

Bad attempt at a quiet impersonation...

Dirty Dane 01-14-2006 08:13 PM

Quote:

Originally Posted by Alex from Montreal
I have no debt.

Well, even without debt it could be a good idea getting loans for property that you later sell with net surplus.

Quotealex 01-14-2006 08:13 PM

Quote:

Originally Posted by Alex from Montreal
I have no debt.

and also already put the maximum on my RRSP as I'm allowed.

Quotealex 01-14-2006 08:18 PM

Quote:

Originally Posted by After Shock Media
Time to buy some then :winkwink:

Actually how are the retirement accounts? Maxing out the SERPs and so on?
Been helping out much with charities? Since you say your debt free and all and this is just money you have to spend, why not help out some while your at it. It often helps you feel a lot better than some new widget ever will.

Donating more money is good idea IMO but what I don't like is that once you start donating, they sort of expect you to continue every year...

After Shock Media 01-14-2006 08:20 PM

Quote:

Originally Posted by Alex from Montreal
Donating more money is good idea IMO but what I don't like is that once you start donating, they sort of expect you to continue every year...

Yeah of course they would like you to but you are not required to do so.

Quotealex 01-14-2006 08:21 PM

Quote:

Originally Posted by broke
Bad attempt at a quiet impersonation...

It has nothing to do with impersonating anybody and I didn't say I was rich neither. Just I often don't know where to spend my money and was wondering if there are others like me.

Quotealex 01-14-2006 08:27 PM

Quote:

Originally Posted by Dirty Dane
Well, even without debt it could be a good idea getting loans for property that you later sell with net surplus.

Investing in real estate requires me to put in more work/headache than I'm willing to do/take....

DUBLIN 01-14-2006 08:32 PM

Sure with real estate , you have to work

Pornwolf 01-14-2006 08:34 PM

Dude, don't sit on cash. Invest in something. Unless you are 88 you have a lot more money to make. Every dollar can make you 10000 more. Do something.

DUBLIN 01-14-2006 08:34 PM

Depend what you want.
Investment with work?
Or not

woj 01-14-2006 08:41 PM

just invest it in some stocks...

Quotealex 01-14-2006 08:55 PM

Quote:

Originally Posted by Pornwolf
Dude, don't sit on cash. Invest in something. Unless you are 88 you have a lot more money to make. Every dollar can make you 10000 more. Do something.

If every dollar I invested made me that much, sure I would invest faster and be more excited about it.

Quotealex 01-14-2006 09:00 PM

Enough about investments. :winkwink: So I gather you guys have no problems spending money?

DUBLIN 01-14-2006 09:07 PM

Alex
Tke some advice from someone who had it, but lost it.
Dont be too excited about spending your money.
Just put it in a bank and forget abpout it,

TommyM 01-14-2006 11:43 PM

think it is 50/50 with me 50% back in the adult industry, rest I use to get a away from the pc to relax :D

Doctor Dre 01-14-2006 11:45 PM

Just re-invest it when you have nothing to buy ... actually re-invest it, then buy things you need AFTER.

Sosa 01-14-2006 11:50 PM

RE-invest in businesses, or put so much into IRA's etc

phogirl69 01-15-2006 01:59 AM

Well, for you duhhh, just throw it away at the strip club since you talk about it so much. I hear they have good buffet there too and some people actually eat it.

Or hire some hookers and escorts, a different whore for every night. Weren't you the one who said all women should work as an escort at least once? Why don't you help support them by fucking more whores. I'm sure they would be eternally grateful for your generosity.

A good investment if I've ever heard of one.


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