buy a property. like old house, renovate it and then sell it back again.
i'm actually starting on doing that, i bought one cute dilapadated house in a nice neighborhood i use my saving and clean up the house and updated it and it was sold in 3 months.
that's why i'm back at school taking business so i can do more things and understand business dealings....
2007-08-30 11:06:36
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answer #1
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answered by Binibini 5
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If I had an extra 10 grand just to invest, right now I would either:
Buy US dollars, as I believe the dollar is under-valued at this time. When the dollar goes back up you can sell and make a nice profit, and it will eventually go back up.
The next alternative would be to hedge the dollar against a precious metal like gold. Traditionally gold responds in the opposite direction of the US dollar. So, it is a great safety hedge. You can check out how to get started with a bank like Evergreen. You don't actually have to take delivery of the gold, just certificates. This is a safe, short or long term investment.
2007-08-30 21:17:55
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answer #2
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answered by Yahoo 6
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Sorry but I am not on an investment mode. I am on retirement mode. Sometimes, it is just a wonderful feeling to know that you are not compelled to earn much more. That you do not have to work for surplus.
2007-08-31 05:29:49
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answer #3
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answered by boyplakwatsa.com 7
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That money would be going to a car. Then the rest I will save for the days when Baylor wants my money!
2007-08-30 18:18:03
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answer #4
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answered by Anonymous
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A small but tasteful stock portfolio. RCA,GE,all those companies that make electrical appliances. That's the safest stock with a good return.
2007-08-30 16:34:09
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answer #5
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answered by Galahad 7
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Pay off everything I owe and put the rest on a down payment on a new car or house.
2007-08-30 16:33:05
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answer #6
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answered by Marje E. 4
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I wouldn't invest it, I would pay off my student loans....ugh
2007-08-30 16:33:35
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answer #7
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answered by Anonymous
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For my daughter's education.
2007-08-30 16:33:46
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answer #8
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answered by Ivyvine 6
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9,000 on red please.
2007-08-30 16:36:36
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answer #9
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answered by Bistro 7
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