I have 20K to invest...what should I do with it...

ThePig+ · Mar 1, 2007

looking into a six month cd at e-trade @ 5.25%
don't really know what else to do with it...I'm looking for safe/conservative ideas...

I would love to be able to get 8-10% on it...but I have no idea where to look since I'm new to investing...

guys...please present some ideas for me...

oldirtyku · Mar 1, 2007

5.25 is not worth it as you can get citibank esavings at around 4.75 and can take your money in and out anytime you want.

Look for a solid mutual fund for 8-10%.

Dawoofdaddy · Mar 1, 2007

Plenty of energy/oil trusts yielding 10% + a year plus rising with the commodity bull market.

Right now, if you are under 50 yo, cds are about the last place you want to be keeping your wealth.

ThePig+ · Mar 1, 2007

woof...I'm 30ish...how do i go about researching an investing in these trusts u mention?

stomie · Mar 1, 2007

Ckeck out eloan, same rate for savings account 5.25

Dawoofdaddy · Mar 1, 2007

www.bigcharts.com

joeyfitzclick · Mar 1, 2007

Send it to me. I'll turn it into $30,000 by Labout Day.

WVU · Mar 1, 2007

A year ago I could have turned your 20k into 38k in 3 days.

lapdance · Mar 1, 2007

put it all on gtc tonight

steaktartar · Mar 1, 2007

X-Files · Mar 1, 2007

The first 550 should go on the St L Cards over 84.5 wins -110 at OLY
{over 85 -120 Piny}. That might be the easiest money you ever make.

Will let you know about the rest later, though their 21% initial deposit
bonus should be tempting for a large chunk of it.

After that's rolloed over some might WD and deposit at BJ for another
juicy 20%, and so on.

ThePig+ · Mar 1, 2007

DAWOOFDADDY said:
www.bigcharts.com

woof any good financial websites u visit with message boards etc?

aceduecetrey · Mar 1, 2007

WVU said:
A year ago I could have turned your 20k into 38k in 3 days.

a year ago bigbet could have turned that into a couple of million in 30 days.

WVU · Mar 1, 2007

aceduecetrey said:
a year ago bigbet could have turned that into a couple of million in 30 days.

lol. except I know you believe me. I would have made it playing 200 hands of BJ with no risk.

Boddie · Mar 1, 2007

Pig, stick with the CD you mentioned. 6 mos is over before it began. Play it safe which is a far cry from the advice in here.

aceduecetrey · Mar 1, 2007

WVU said:
lol. except I know you believe me. I would have made it playing 200 hands of BJ with no risk.

I think there is a little more validity to your theory.......

ramonscottsports · Mar 1, 2007

I heard on this board that vending is the way to go

PercocetThreat · Mar 2, 2007

Haha, dump it all into SIGA Technologies (NASDAQ: symbol SIGA)

That's just me, I'm crazy like that.

Good luck with whatever investment you choose.

TonyMar · Mar 3, 2007

Loan a few hundred to MadCapper...:missingte

At his current rates...

You might get paid back sometime in 2015.:hahahahah

beefdiesel · Mar 3, 2007

cd or mutual fund I would just stick with a cd for conservative. If you want long term invest in a blue chip stock that pays a dividend

I have 20K to invest...what should I do with it...

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