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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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Old 11-15-2008, 06:06 PM   #2
Bowser Bowser is offline
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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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'Hamas' Jenkins is obviously part of the inner Circle.'Hamas' Jenkins is obviously part of the inner Circle.'Hamas' Jenkins is obviously part of the inner Circle.'Hamas' Jenkins is obviously part of the inner Circle.'Hamas' Jenkins is obviously part of the inner Circle.'Hamas' Jenkins is obviously part of the inner Circle.'Hamas' Jenkins is obviously part of the inner Circle.'Hamas' Jenkins is obviously part of the inner Circle.'Hamas' Jenkins is obviously part of the inner Circle.'Hamas' Jenkins is obviously part of the inner Circle.'Hamas' Jenkins is obviously part of the inner Circle.
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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 offline
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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
Bugeater Bugeater 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 online now
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just read that GM stock was at $3.00 and ford was at 1.80
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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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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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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
Bugeater Bugeater 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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