Have 10K saved up, what should I do with it?

Kruser6 · Oct 11, 2008

I have a 85K house I'm renting out. 65K and then 20K in improvements. I pay about $700 a month for the HELOC and mortgage combined. The renters pay $725 a month so it is cash flowing barely.

I have 15K left in school loans

Have a car I pay $400/Month for loan/Insurance

Have no other debt.

I am renting a place where I live now, but my work pays for rent.

With the stock market falling everyday I am seeing an opportunity to invest the money in that at some point. I can get some of these things for pennies on the dollar. I have always heard the saying that you should never attempt to catch a falling knife, but when does the knife hit the table?

Please offer me some advice, thanks.

Cusipz · Oct 11, 2008

The knife hasn't hit the table yet, maybe next week.

Doug · Oct 11, 2008

I'll "Hold" it for ya !

Doug · Oct 11, 2008

actual Silver. 10k in silver doesn't take up much space, less than a milk crate.

Mamon · Oct 11, 2008

Oil spyder

Kruser6 · Oct 11, 2008

what is that?

Mr.Smith · Oct 11, 2008

coke and whores for 5k. red sox +105 tonight for 5k.

you could come out ahead.

good luck. :103631605

TomorrowsNewspaper · Oct 11, 2008

ahead, or with head?

Fishhead · Oct 11, 2008

Not much to do with 10k

I would just let it rot in a high yelding savings account that returns at least 3% until you have at least 25k to play with.

With 25k, you can qualify for great margin.......

MattMillen+ · Oct 11, 2008

Put it on Obama to win the election.

Iceman · Oct 11, 2008

Bet the snot out of CBB, folow steam esp w/ totals and play $100 a play as many games as you can nite. make 3k a month. I did it 2 years ago exactly like that during CBB season.

Fishhead · Oct 11, 2008

Matt Millen said:
Put it on Obama to win the election.

Tremendous overlay, your correct.

Obama should be at least -249 at this point in time.

Doug · Oct 11, 2008

Fishhead said:
Tremendous overlay, your correct.

Obama should be at least -249 at this point in time.

He IS more like -500 !

Time to crawl out from the cornfield there Fishhead ?

D2bets · Oct 11, 2008

Fishhead said:
Tremendous overlay, your correct.

Obama should be at least -249 at this point in time.

Obama is about -450 at this point in time.

zeeman · Oct 11, 2008

Buy some Sirius stock at 43 cents a share. Not much downside in this investment.

The Unit · Oct 11, 2008

Put it under your mattress and forget about it.

Texas-Winners · Oct 11, 2008

zeeman said:
Buy some Sirius stock at 43 cents a share. Not much downside in this investment.

dont know about this one....

C.P. · Oct 11, 2008

zeeman said:
Buy some Sirius stock at 43 cents a share. Not much downside in this investment.

It's funny you say this...

I bought both when they FIRST came out...( more XM than Sirius)

made a handsome profit...:aktion033

now that they merged...not sure...:think2:..

anyway...bol on your choice

tbonestk · Oct 11, 2008

zeeman said:
Buy some Sirius stock at 43 cents a share. Not much downside in this investment.

Downsize?

$10K.

Dante · Oct 12, 2008

one hand of black jack:money8:.... 10K to win 10K or hope for a A10

go for it!!!

Have 10K saved up, what should I do with it?

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