Short of the illegal stuff, such as was mentioned earlier, there are those "pearl of great price" moments for those who watch closely and are present at opportune times. I've had friends and relatives that bought cars, furniture, and other odds and ends because of emergencies (great sickness in the family, or death, or divorce, or a looming foreclosure, or even a sudden job transfer--I've had the latter--or that something was broke and they didn't know how to fix it, but then you do). We call them 'fire sales', selling the stock before the barn burns down.
Case in point, one friend was trying to sell a car a few years ago because no one could fix it. He sold it to another friend who was mechanically handy for $200. The friend tinkered around, not wanting to put too much money in it, and stumbled across the problem that several various mechanics had missed. He replaced a part for less than $2 and it ran just fine. He offered the car back to the first friend, but he had since replaced it. So the opportune mechanic then sold the car for a couple thousand dollars.
I have a relative that visited storage rental sales (people didn't pay the rent for a long time, so the rental business sold the stuff stored there) and spent a hundred or so for some guns and rifles, which he polished off and sold for several hundred apiece.
On the other hand, my son bought a good and obviously rare piano and it sits in his garage because he doesn't know anyone who buys good and rare pianos. Still, there may be possibilities along these lines.
2007-05-31 08:03:46
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answer #1
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answered by Rabbit 7
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Here's a high quality high yield (non-stock) investment:
High Income Trust of America (AHITX)
This is a fund that invests in high interest debt of foreign companies and countries that pay a high yield. The performance averaged over 10% over the last 5 & 10 years!
2007-05-31 07:37:11
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answer #2
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answered by MR MONEY 3
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Being a real aspects investor on the factor has a techniques out complete the different investment I even have ever positioned my money into. My investments have a three to 5 365 days turn around and it somewhat is often contained in the 30p.c.or larger return fee. This 365 days will set a sparkling time-honored for me. The probability is attainable in case you are able to study between the lines.
2016-10-06 09:37:45
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answer #3
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answered by ? 4
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If long term or stock is not your option, try a savings account. There are some Internet banks pay more than 5% interests on savings account. I think now there is one offer 6% promotional rate for a limited time. Go to bankrate.com and search for interest rate for savings account. Be careful to pick one who is FDIC insured. Most of them are anyway.
2007-05-31 07:35:54
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answer #4
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answered by zhifa 2
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Best advice I can give you is put it into a money market account. Depending on where you put it, you could be yielding as much as 10% or more and as less as 3-4% a month. Which is WAY BETTER than a normal savings account. What do they give you, like 1.2%?
2007-05-31 07:35:19
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answer #5
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answered by MatthewM 2
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the only thing I can think of that is high yield and short term would be the illegal drug market......otherwise dream on
2007-05-31 07:34:22
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answer #6
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answered by adam r 3
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if u do put it in stocks you will make more money in the end
2007-05-31 10:47:46
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answer #7
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answered by therealfreddy_p 3
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you can invest in education first.
2007-05-31 20:51:24
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answer #8
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answered by Anonymous
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