Aces High Bulletin Board

General Forums => The O' Club => Topic started by: Rondar on June 24, 2008, 01:29:32 AM

Title: Just for Fun
Post by: Rondar on June 24, 2008, 01:29:32 AM
I posted this as just for fun but kinda serious too.  If you had an extra thousand or two dollars, where would you try and make some money with it?  Penny Stocks?  An ounce or 2 of Gold?  Mutual funds?  Also the money is completely expendable.
Title: Re: Just for Fun
Post by: SpazMan on June 24, 2008, 09:29:20 AM
Some in penny stocks and some in gold. I new a guy who did well with penny stocks.. :)
Title: Re: Just for Fun
Post by: Ripsnort on June 24, 2008, 09:39:11 AM
Buy low (Current market) sell high (Future market).  Mutual fund, then add $100 a month to it automatic deposit for 5 years. Roll it into an IRA.
Title: Re: Just for Fun
Post by: Rondar on June 24, 2008, 10:38:48 AM
Ok, more specifically, was looking if anybody would volunteer a stock (penny or otherwise) that you have been watching.  I have mutual funds and Ira mutual funds and a few individual stocks also, but living where I do ( western Kansas) limits walking in a stockbrokers office and visiting.  Or is there a specific mutual fund that someone feels will make a great short term investment.  I was kind of looking to take this said thousand or two and be kind of speculative.
Title: Re: Just for Fun
Post by: Nwbie on June 24, 2008, 11:06:37 AM
My sister made a few hundred thousand in penny stocks
She was a broker - the ones who didn't make money in penny stocks were the ones who bought them

 :eek:

NwBie
Title: Re: Just for Fun
Post by: indy007 on June 24, 2008, 11:09:26 AM
Housing prices are still falling. Buy one, do some make-ready, and rent it out. Rent covers the mortgage, puts an extra few bucks in your pocket, and you gain equity the entire time.
Title: Re: Just for Fun
Post by: Fulmar on June 24, 2008, 11:19:31 AM
Housing prices are still falling. Buy one, do some make-ready, and rent it out. Rent covers the mortgage, puts an extra few bucks in your pocket, and you gain equity the entire time.
With an extra $1-2K?
Title: Re: Just for Fun
Post by: ZetaNine on June 24, 2008, 11:43:09 AM
Buy low (Current market) sell high (Future market).  Mutual fund, then add $100 a month to it automatic deposit for 5 years. Roll it into an IRA.



RIP gets it........just make sure that mutual fund is not aggressive...and it's well diversified.  but if I could add one thing....... make sure it's a ROTH IRA....not just an IRA. if you are married and over 30 and do not have a Roth IRA.....you are a fool.
Title: Re: Just for Fun
Post by: midnight Target on June 24, 2008, 11:46:48 AM
One word.... plastic.
Title: Re: Just for Fun
Post by: ZetaNine on June 24, 2008, 11:50:37 AM
One word.... plastic.


ELAINE!!!!!!!!!!!!!!!!!!!!!!!!
Title: Re: Just for Fun
Post by: Hawk78th on June 24, 2008, 05:06:26 PM
... extra thousand or two dollars,....

 I'll take the Thousand... ( 2 bucks won't even get a 1/2 gallon gas lately...) but anyway, Put it ina Roth IRA, like mentiond above... best advice
 :D