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Old 11-15-2008, 06:04 PM  
Stanley Nickels Stanley Nickels is offline
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The $32,000 question..

I was watching Who Wants To Be a Millionaire today (don't ask, I'm out of town for the weekend...), and somebody didn't know how to answer a question, and decided to walk with $32,000.

And I thought what I would do with that kind of money... I wouldn't buy a car -- mine works just fine, and I'm not one to just spend for the sake of having a "cooler" car.

So I figured I'd invest it.

But...
How? I realized that, in a perfectly normal economy (read, not overly bearish or bullish), I know the basics; diversify, look at Mutual Funds and Stocks (especially stocks that could benefit from political or cultural changes, etc), and possibly a CD at a guaranteed percentage from a bank.

I have NO idea what I would do in a terrible economy like this if I came in contact with that kind of money. I'm relatively young (25), so I'd want to invest, but I'd have no clue where to start.

What would you do?
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Stanley Nickels is blessed with 50/50 Hindsight.Stanley Nickels is blessed with 50/50 Hindsight.Stanley Nickels is blessed with 50/50 Hindsight.Stanley Nickels is blessed with 50/50 Hindsight.Stanley Nickels is blessed with 50/50 Hindsight.Stanley Nickels is blessed with 50/50 Hindsight.Stanley Nickels is blessed with 50/50 Hindsight.Stanley Nickels is blessed with 50/50 Hindsight.Stanley Nickels is blessed with 50/50 Hindsight.Stanley Nickels is blessed with 50/50 Hindsight.Stanley Nickels is blessed with 50/50 Hindsight.
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Old 11-15-2008, 06:06 PM   #2
Bowser Bowser is online now
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How much would it be after taxes? Around 18K, or so? That sounds like a good time to pay off bills and then put what's left over towards the principal on the house.

Or, go have a wild weekend in Vegas. Tough call.
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Old 11-15-2008, 06:06 PM   #3
'Hamas' Jenkins 'Hamas' Jenkins is offline
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Old 11-15-2008, 06:09 PM   #4
Fish Fish is offline
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2 chicks at the same time man......
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Old 11-15-2008, 06:10 PM   #5
Bowser Bowser is online now
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Quote:
Originally Posted by KC Fish View Post
2 chicks at the same time man......
You usually have to pay extra for that, Cotton.
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Old 11-15-2008, 06:12 PM   #6
Baconeater Baconeater is offline
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Meh, I'd just spend it.
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Old 11-15-2008, 06:16 PM   #7
Stanley Nickels Stanley Nickels is offline
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Quote:
Originally Posted by KC Fish View Post
2 chicks at the same time man......
I hadn't thought of that. This is my new choice for "most obvious spending decision"
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Stanley Nickels is blessed with 50/50 Hindsight.Stanley Nickels is blessed with 50/50 Hindsight.Stanley Nickels is blessed with 50/50 Hindsight.Stanley Nickels is blessed with 50/50 Hindsight.Stanley Nickels is blessed with 50/50 Hindsight.Stanley Nickels is blessed with 50/50 Hindsight.Stanley Nickels is blessed with 50/50 Hindsight.Stanley Nickels is blessed with 50/50 Hindsight.Stanley Nickels is blessed with 50/50 Hindsight.Stanley Nickels is blessed with 50/50 Hindsight.Stanley Nickels is blessed with 50/50 Hindsight.
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Old 11-15-2008, 06:30 PM   #8
Psyko Tek Psyko Tek is offline
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just read that GM stock was at $3.00 and ford was at 1.80
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Battle not with monsters, lest ye become a monster, and if you gaze into the abyss, the abyss gazes also into you.

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Old 11-15-2008, 06:50 PM   #9
RJ RJ is offline
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Invest it all in firearms, canned goods, MRE's, camping supplies, etc.

The end is near, your money will be worthless.

On second thought, buying a little bit of gold wouldn't hurt.
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RJ 's adopt a chief was Sabby PiscitelliRJ 's adopt a chief was Sabby PiscitelliRJ 's adopt a chief was Sabby PiscitelliRJ 's adopt a chief was Sabby PiscitelliRJ 's adopt a chief was Sabby PiscitelliRJ 's adopt a chief was Sabby PiscitelliRJ 's adopt a chief was Sabby PiscitelliRJ 's adopt a chief was Sabby PiscitelliRJ 's adopt a chief was Sabby PiscitelliRJ 's adopt a chief was Sabby PiscitelliRJ 's adopt a chief was Sabby Piscitelli
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Old 11-15-2008, 06:51 PM
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Old 11-15-2008, 07:04 PM   #10
Rain Man Rain Man is offline
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I'd give most of it to the government, and then go out for dinner with what's left.
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Old 11-15-2008, 07:11 PM   #11
Guru Guru is offline
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put it toward my mortgage. Even though my financial planner would advise against it.
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Old 11-15-2008, 07:13 PM   #12
milkman milkman is online now
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Old 11-15-2008, 07:15 PM   #13
PastorMikH PastorMikH is offline
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Old 11-15-2008, 07:16 PM   #14
Baconeater Baconeater is offline
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Quote:
Originally Posted by RJ View Post
Invest it all in firearms, canned goods, MRE's, camping supplies, etc.

The end is near, your money will be worthless.

On second thought, buying a little bit of gold wouldn't hurt.
Are you the one who keeps posting these ads?

http://omaha.craigslist.org/wan/916015332.html

wanted: fellow nebraska survivalists for bugout

in search of fellow in-the-know people to start a community of survivalists to seek out a safe spot to live and survive once the crap hits the fan. you know it's coming soon.
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Old 11-15-2008, 07:21 PM   #15
JuicesFlowing JuicesFlowing is offline
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