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-   -   inherited 50k... where should I put it? (https://gfy.com/showthread.php?t=849729)

ElConquistador 08-22-2008 10:51 AM

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

Verbal 08-22-2008 10:53 AM

wait a little while and buy some real estate

LeRoy 08-22-2008 10:53 AM

I'll go with hookers and Blow :)

baddog 08-22-2008 10:54 AM

My pocket has some room it it.

gornyhuy 08-22-2008 10:54 AM

Hire a full time servant for a year.

woj 08-22-2008 10:54 AM

stocks, mix it up and in the next 10 years you should do well :thumbsup

tony286 08-22-2008 10:54 AM

blue chip conservative growth mutual fund.

klaze 08-22-2008 10:54 AM

Waffles.

Invest in waffles.

TheSenator 08-22-2008 10:55 AM

Buy a foreclosed home and flip it.

LeRoy 08-22-2008 10:56 AM

ok seriously. Dont put it into porn. I hear too many stories of people losing $$ in porn :)

TyroneGoldberg 08-22-2008 10:56 AM

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%

kmanrox 08-22-2008 10:56 AM

buying hookers would be silly


buy the pimps and help them expand

HorseShit 08-22-2008 11:00 AM

tube site and ky jelly

BAKO 08-22-2008 11:04 AM

Buy good traffic and send it to sexsearch revshare ;)

ElConquistador 08-22-2008 11:04 AM

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

xxweekxx 08-22-2008 11:10 AM

Quote:

Originally Posted by ElConquistador (Post 14647584)
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% 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...

TubeTitans_SusieQ 08-22-2008 11:11 AM

...in my pocket...ill hold it for you

Eriic 08-22-2008 11:14 AM

Quote:

Originally Posted by baddog (Post 14647490)
My pocket has some room it it.

So does your head:thumbsup

HollywoodChris 08-22-2008 11:18 AM

Open an account at ingdirect and make 3% a month or buy gold.

Fat Panda 08-22-2008 11:20 AM

fuck mutuals...put it in a vangaurd etf fund...you will be happy - (pick fund depending on your taste for risk)

Adultnet 08-22-2008 11:21 AM

invest in tech :)

xxweekxx 08-22-2008 11:22 AM

ING DOESNT PAY 3% a month? Isnt it 3% a YEAR not month..

moneybiz 08-22-2008 11:25 AM

Split it up into 10 5k cds.

mikesouth 08-22-2008 11:27 AM

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.

Holly 08-22-2008 11:27 AM

Heroin.

Thank me later.

gadabout 08-22-2008 11:27 AM

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.

PornMogul 08-22-2008 12:31 PM

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 :pimp

tranza 08-22-2008 12:37 PM

Build a KY jelly pool!!

Dvae 08-22-2008 12:39 PM

Forex...

aico 08-22-2008 12:48 PM

buy gold

Marcus Aurelius 08-22-2008 12:48 PM

In my epass account please. Thank you drive thru.

Libertine 08-22-2008 01:16 PM

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.

seeandsee 08-22-2008 01:21 PM

Invest all your money in weapons industry!

Bossman 08-22-2008 01:30 PM

Buy BondageSex.com from my sig, turn it into a community/review site in the bondage niche, and feed it with traffic + link trades... :upsidedow

Supz 08-22-2008 01:52 PM

Stamps & Baseball cards

Violetta 08-22-2008 01:59 PM

I dunno what Id do with it!

Iron Fist 08-22-2008 02:02 PM

Quote:

Originally Posted by xxweekxx (Post 14647681)
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? :upsidedow

http://www.ingdirect.ca/en/save-invest/isa/index.html

ninavain 08-22-2008 02:34 PM

low budget horror movie that pays you for years and years to come

D Ghost 08-22-2008 02:35 PM

Quote:

Originally Posted by baddog (Post 14647490)
My pocket has some room it it.

:1orglaugh

MrMaxwell 08-22-2008 02:38 PM

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.

SmokeyTheBear 08-22-2008 02:39 PM

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.

xxweekxx 08-22-2008 02:43 PM

Quote:

Originally Posted by sharphead (Post 14648596)
Actually at the bottom it says:

Interest is calculated daily and paid monthly.

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

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?

fatfoo 08-22-2008 02:49 PM

i'll go with tube site

johnuno11 08-22-2008 02:58 PM

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% 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!

JP-pornshooter 08-22-2008 03:33 PM

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...

CurrentlySober 08-22-2008 03:43 PM

Poo... Seriously... Put it into poo... Poo is the new gold !

minddust 08-22-2008 03:45 PM

ID glide
Midgets tranny and heroin

:321GFY

VicD 08-22-2008 03:51 PM

Shall i give you my epass or pp??

minddust 08-22-2008 03:53 PM

paypal? yay

[X] Other/goods

Comments:
THANKS FOR THE COCAINE AND THE USED ADULT NOVELTIES

cherrylula 08-22-2008 04:12 PM

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. :1orglaugh

ewww


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