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Posted: 12/1/2011 9:33:07 AM EST
Its just taking up space in my savings. CD rates are to low. What about setting something up at Vanguard?

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Link Posted: 12/1/2011 9:34:35 AM EST
any debt you could pay off?

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Link Posted: 12/1/2011 9:35:11 AM EST
Market is on sale right now. Problem is, it could be a lot MORE "On Sale" in the coming months. Right now is not the time for a "Year or so" horizon, IMO. Unless you're shorting some stocks that have gotten a little too sweet lately.

People more knowledgeable than I should be along shortly. Consider this a bump.
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Link Posted: 12/1/2011 9:41:45 AM EST
Tag for later.

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Link Posted: 12/1/2011 9:44:00 AM EST
Gold and silver bullion

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Link Posted: 12/1/2011 9:45:00 AM EST
This isn't a democracy, it's a cheerocracy !
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Link Posted: 12/1/2011 9:45:39 AM EST
I'm no expert, but I think the market is way to volatile right now for an amateur to be messing with such a short term investment. You could lose pretty much all of that money way to easily.

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Link Posted: 12/1/2011 9:45:47 AM EST
This isn't a democracy, it's a cheerocracy !
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Link Posted: 12/1/2011 9:48:06 AM EST
Originally Posted By TheNamelessOne:
any debt you could pay off?


Best advice. Rather than risking it on a low return, get a guaranteed return in the form of no/reduced interest payments.
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Link Posted: 12/1/2011 9:49:31 AM EST
[Last Edit: 12/1/2011 9:50:24 AM EST by evenflow]
The original 5K will be used at the end of next year towards a down payment on a house. Looking to just add a little more to it. Its better than it just sitting in my savings account waiting to be used. I have about 25k so far saved up for a down payment just sitting in a savings acct.

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Link Posted: 12/1/2011 9:50:21 AM EST
Originally Posted By dskeet:
I'm no expert, but I think the market is way to volatile right now for an amateur to be messing with such a short term investment. You could lose pretty much all of that money way to easily.


This.

If you have some balls of steel, you could use that money to day trade with and probably double it in less than a month. On the other hand, you could lose it all in a split second. Most firms have a minimum trade of $10k and I think they also limit day traders.

Not that I'm a pro or anything, my advice would be just put the $5k in a money market account and leave it alone.
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Link Posted: 12/1/2011 9:55:33 AM EST
Find the highest percentage CD for one year locally. You may also think about doing two 6 month CD's as the return may be higher in the end.
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Link Posted: 12/1/2011 9:57:23 AM EST

Originally Posted By evenflow:
The original 5K will be used at the end of next year towards a down payment on a house. Looking to just add a little more to it. Its better than it just sitting in my savings account waiting to be used. I have about 25k so far saved up for a down payment just sitting in a savings acct.

There are a few banks doing promotions for CD's at over 2 percent for a year. Navy Fed is doing an easystart at 2 something for maximum three grand. 1 year CD. I took advantage of it. See if your local banks offer something similar. For a one year horizon and knowing you will NEED the money then... CD. Absolutely.
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Link Posted: 12/1/2011 9:59:06 AM EST
Canadian bank account.

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Link Posted: 12/1/2011 10:00:21 AM EST
McDonalds and Burger King toys.

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Link Posted: 12/1/2011 10:01:49 AM EST
IMHO..............pay off debt.

If you're INVESTING..............wait for AFTER the Santa Clause Rally and AFTER the January effect.

If you're a TRADER............you're on your own.

Aloha, Mark

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Link Posted: 12/1/2011 10:04:26 AM EST
[Last Edit: 12/1/2011 10:05:36 AM EST by dskeet]
Originally Posted By evenflow:
The original 5K will be used at the end of next year towards a down payment on a house. Looking to just add a little more to it. Its better than it just sitting in my savings account waiting to be used. I have about 25k so far saved up for a down payment just sitting in a savings acct.


Go with a CD. That isn't money you want to fuck with.

Short term investments should only be done with money you are willing to lose 100% of. Or if you're crazy and love to gamble. I was crazy and took some wild chances with day trading.. I've had 80% returns in 3 hours, and 100% losses in the same time frame.

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Link Posted: 12/1/2011 10:34:10 AM EST
Originally Posted By evenflow:
The original 5K will be used at the end of next year towards a down payment on a house. Looking to just add a little more to it. Its better than it just sitting in my savings account waiting to be used. I have about 25k so far saved up for a down payment just sitting in a savings acct.


Does the foreigner in chief know about this money?


He is an expert on re-distribution.

Personally I would hide it for just one year.
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Link Posted: 12/1/2011 10:35:01 AM EST
Originally Posted By FivespeedF150:
... For a one year horizon and knowing you will NEED the money then... CD. Absolutely.


+1
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Link Posted: 12/1/2011 10:35:08 AM EST
Originally Posted By dskeet:
Originally Posted By evenflow:
The original 5K will be used at the end of next year towards a down payment on a house. Looking to just add a little more to it. Its better than it just sitting in my savings account waiting to be used. I have about 25k so far saved up for a down payment just sitting in a savings acct.


Go with a CD. That isn't money you want to fuck with.

Short term investments should only be done with money you are willing to lose 100% of. Or if you're crazy and love to gamble. I was crazy and took some wild chances with day trading.. I've had 80% returns in 3 hours, and 100% losses in the same time frame.


Sound advice.

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Link Posted: 12/1/2011 10:58:52 AM EST
I would check the EE for good deals on used guns.

In about 11 months I would THEN decide I didn't need them any more and sell them, one by one, for a modest profit.
This is a .357 magnum. Its not THE most powerful handgun in the world but, it will STILL blow a big ass hole in your head.
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Link Posted: 12/1/2011 11:00:58 AM EST
This isn't a democracy, it's a cheerocracy !
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Link Posted: 12/1/2011 11:14:17 AM EST
With Obama threatening to take all investments, I would invest in the 4G's.














Impeach Obama for the Good of the Poor.

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Link Posted: 12/1/2011 11:24:05 AM EST
find a nice dividend paying stock. Don't look at the price until 35 years from now

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Link Posted: 12/1/2011 11:28:34 AM EST
LTS Food

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Link Posted: 12/1/2011 11:35:20 AM EST
By doing nothing - just hold on to it. Investments are a professionals game, and based on your question you are not a professional. The only way to win is not too play.
I bet she gives great helmet.
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Link Posted: 12/1/2011 11:38:35 AM EST
Originally Posted By DK-Prof:
Originally Posted By watchwatch:
Gold and silver bullion


He's asking for investment advice, not gambling advice.



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Link Posted: 12/1/2011 11:41:17 AM EST
Canned food.

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Link Posted: 12/1/2011 11:50:19 AM EST
alpacas and gambian rats

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Link Posted: 12/1/2011 12:15:54 PM EST
Brass, lead and copper.
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Link Posted: 12/1/2011 12:18:18 PM EST
A smart man might buy AR kits to resell at election time when all the big dealers are sold out...



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Link Posted: 12/1/2011 12:22:09 PM EST
Leave it be in a cd or money market.

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Link Posted: 12/1/2011 2:24:52 PM EST
Originally Posted By speedracer422:
A smart man might buy AR kits to resell at election time when all the big dealers are sold out...



Speed


One could acquire quite a few uppers for later sale. Be sure to report the income - those welfare bitches aren't going to feed themselves.


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Link Posted: 12/1/2011 2:26:39 PM EST
drugs, a for sure market....always

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Link Posted: 12/1/2011 2:36:49 PM EST

Those who ignore history are doomed to repeat it..
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Link Posted: 12/1/2011 4:10:35 PM EST
Buy five grand worth of guns and a year from now, sell them here on Arfcom

A year from now, the election will be decided and the market for guns may be very solid.

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Link Posted: 12/2/2011 5:06:50 AM EST
Food and ammo with the way the markets are now Vegas has better odds

Posted Via AR15.Com Mobile

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Link Posted: 12/2/2011 5:39:35 AM EST
i may need 5k to buy a monitor and hd card for work for which i will be reimbursed weekly. i would pay 10 percent interest for 1 year on a 5000 dollar loan probably. 40 payments of $137.50. just a thought.

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