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SVTPerformance's Chain of Restaurants
Road Side Pub
Investing?????
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<blockquote data-quote="Quadcammer" data-source="post: 7051273" data-attributes="member: 6813"><p>I wouldn't touch a CD right now. Chances are that the fed will slowly begin raising interest rates within the next 6 months. CD Rates are pretty low right now.</p><p></p><p>I think your best bet for making serious money is to look at foreclosed properties. You will get rental income, and if you buy a decent property, you should be getting significant equity out of it. That all depends of course on how much money you are getting.</p><p></p><p>If you are looking very long term, investing right now may be a good idea. Several sectors are very cheap (ahem, banking), and a few sector etfs and diversified funds may be good buys. Just so long as you have the patience to hold these funds, you should receive some nice gains. On that note, you may want to consider index funds as the expense ratios are practically nothing. </p><p></p><p>I applaud you for not being like every other jackass 2x year old who thinks of nothing more than a fast car. You are making a wise choice and showing your maturity.</p><p></p><p>oh, and if you like to take some risk, you may want to consider some mid level junk bonds. The yields are pretty sweet on some of these guys and the probability of default is historically low. Its a risk, but a pretty good one, imho.</p></blockquote><p></p>
[QUOTE="Quadcammer, post: 7051273, member: 6813"] I wouldn't touch a CD right now. Chances are that the fed will slowly begin raising interest rates within the next 6 months. CD Rates are pretty low right now. I think your best bet for making serious money is to look at foreclosed properties. You will get rental income, and if you buy a decent property, you should be getting significant equity out of it. That all depends of course on how much money you are getting. If you are looking very long term, investing right now may be a good idea. Several sectors are very cheap (ahem, banking), and a few sector etfs and diversified funds may be good buys. Just so long as you have the patience to hold these funds, you should receive some nice gains. On that note, you may want to consider index funds as the expense ratios are practically nothing. I applaud you for not being like every other jackass 2x year old who thinks of nothing more than a fast car. You are making a wise choice and showing your maturity. oh, and if you like to take some risk, you may want to consider some mid level junk bonds. The yields are pretty sweet on some of these guys and the probability of default is historically low. Its a risk, but a pretty good one, imho. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Investing?????
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