Investments - Benzworld.org

my260e · 06-18-2006, 03:39 PM

Hello, being a student i was curious as to what people thought were the best investments for under 1k. Gold maybe? stocks, savings bonds, mutual funds..etc are a little out of my range. thanks

**ThrillKill** · 06-18-2006, 04:14 PM

A half ounce of relatively pure cocaine can be altered to realize an enviable return.
Seriously, pennystocks are fun and a great way to learn the ins and outs of the game.

Botnst · 06-18-2006, 04:41 PM

Izzat how much cocaine costs nowadays? Glad I quit dat chit 30 years ago.

lovemyc280 · 06-18-2006, 10:35 PM

Quote:

Originally Posted by Botnst

Izzat how much cocaine costs nowadays? Glad I quit dat chit 30 years ago.

Haven't touched it for about 9 years.

Last bender I stayed up for so long, that I eventually saw the shadow people come out from under my bed.............

**ThrillKill** · 06-19-2006, 07:19 AM

My nose resembles that of Lee Marvin's in Cat Ballou.

deathrattle · 06-19-2006, 07:31 AM

Invest in scratchcards and assist your fellow students.

Jayhawk · 06-19-2006, 10:37 AM

W/ just $1k I'd buy a "high-intrest" CD and forget about it until you get at least $5 or $10k. Then buy some ETFs.

tiggerfink · 06-19-2006, 11:08 AM

Quote:

Originally Posted by my260e

Hello, being a student i was curious as to what people thought were the best investments for under 1k. Gold maybe? stocks, savings bonds, mutual funds..etc are a little out of my range. thanks

I do some lite day trading. I just made about $400 on one PUT today. The PUT cost me $460.00. Go open an account with OptionExpress and learn how to buy/sell options.

doucy2 · 06-19-2006, 11:13 AM

start a roth IRA then you can keep adding to it as your income allows

the great thing about a roth is the gov't can't touch it (non-taxable)
you get a decent % rate off it too
so when ever you have some extra $$ before you file, stick it in one of those

i've had one ever since i had a paper route when i was 13 lol (and that money is just growing)

OR

you could take the 1k find a dealer friend and go to the auto auction buy one or two cars and resell them, then repeat the process

Jayhawk · 06-19-2006, 11:36 AM

Quote:

Originally Posted by tiggerfink

I do some lite day trading. I just made about $400 on one PUT today. The PUT cost me $460.00. Go open an account with OptionExpress and learn how to buy/sell options.

That's a dangerous suggestion for an inexperienced "trader." Be very careful if you try options trading! I would not recommend it for you.

A ROTH IRA is always a good suggestion, if you qualify, but you still have to decide what to put your 1k into...