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1/22/2020 12:12:56 PM
Posted: 8/21/2009 10:03:21 AM EST
I got $1,000.00 for my birthday and want to invest it into something longterm. I already have an IRA, savings bonds and money market account. I don't have any bills rightnow, since my truck is paid off, no credit cards and don't have a housepayment. I was wondering what to invest this in for longterm. I was thinking about a CD or even a savings bond. Are savings bonds even worth it anymore? Even if you keep them like 20 years or so. If anyone has any insite on what to invest this $1,000.00 on for longterm I would appreciate it.
Link Posted: 8/21/2009 11:31:42 AM EST
Buy some junk silver.
Link Posted: 8/21/2009 11:35:34 AM EST
hookers and blow...





...the "rewards" are long term.
Link Posted: 8/21/2009 5:06:24 PM EST
LOL...Thanks guys....great advise from the experts.
Link Posted: 8/21/2009 5:15:10 PM EST
dow chem has some 10 y r 7..45% bonds at par buy at discount broker
Link Posted: 8/21/2009 5:15:36 PM EST
Ammo
Link Posted: 8/21/2009 8:52:04 PM EST
invest in iraq

ive just about doubled my money in the past 2 years

12% cds

9% savings

and a ton of free shares in the isx

that country is just a matter of time, im looking at holding 15-20yrs
Link Posted: 8/21/2009 9:05:00 PM EST
Metals are discovered, investing in metals now is buying high. IMHO, the stock market has recovered - most stock values now are what the companies are really worth. Maybe it'll resume operations as a Ponzi Scheme and continue to raise - but I think most folks are too gunshy for that now.

Oil prices are still lower than they will be IMHO.

I guess the question is what is your fanancial plan? When do you want that money back and what is it your are investing to do?

Link Posted: 8/21/2009 9:06:05 PM EST
Stocks?

F or BAC


would have earned you a lot about 2 months ago on the BAC. But it still has some room to grow.
Link Posted: 8/27/2009 5:40:27 PM EST
What kind of rate of return do you want to get?
Link Posted: 8/27/2009 5:44:20 PM EST
HI-CAP magazines.
Link Posted: 9/16/2009 12:39:00 PM EST
Originally Posted By fefu23:
invest in iraq

ive just about doubled my money in the past 2 years

12% cds

9% savings

and a ton of free shares in the isx

that country is just a matter of time, im looking at holding 15-20yrs


What CD's are 12% now? Are they really risky?

Link Posted: 9/17/2009 9:22:56 AM EST
Look into VG's Star fund. minimum is only 1k. Good start imo. Good Luck!
Link Posted: 9/17/2009 9:25:55 AM EST
Originally Posted By Glock9mmccw:
Ammo


This

Link Posted: 9/17/2009 11:44:06 AM EST
$1,000 is not enough to even open an account for most decent long term investments.
Link Posted: 9/19/2009 4:43:07 PM EST
I'd put it in an S&P 500 Index Fund.
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