if u had $10k, where would u invest it?

Question

i have an extra $10k....i want a semi short term investment (1-3 yrs)....

Answer 1

Okay, here are some options as I see them:

-Buy silver. It's inexpensive, useful, and most likely entering a boom phase.

-Put $3,000 as a down-payment on a rental property, use a couple more thousand to get it into shape, and get good tenants in there as quickly as possible. Within a few years, your rents will not only have purchased you some equity (assuming you take out a fixed-rate, traditional mortgage), the profit from your rents (after you withhold taxes, mortgage payments, a flub for lost rents and repairs) will have pretty much paid you back.

I would urge you to first rent to someone you know, someone you're pretty sure has a decent head on 'em, and someone who'll deal straight with you. Then you can tell if real estate is really your gig... all those horror stories people tell you aren't so much based on real estate as they are on those people's mistakes, and their consequences. Mistakes are the seed of profit.

-If you're not the hands-on type, try Real Estate Investment Trusts (REITs). I just capitalize 'em because I love 'em. See, a lot of companies invest in home loans, and they get paid every month from people's mortgage payments. And a lot of these companies pay gloriously high dividends. And since the housing bubble burst, there are some wonderful deals to be had. The speculators have gone home, but people ALWAYS need places to live.

-I've been talking with some guys at work about starting a demolition derby business. Nothing world-changing, just entertainment for the masses. But we require startup capital. If you'd like to know more, e-mail me at [e-mail].

Answer 2

Roumania - in land for residential