Attn: People who know stuff about money

[bardy]

So I have some extra money lying around. Where can I invest small amounts and accept a risky scenario in order to get a higher short-term return. Are stocks pretty much my only option?


edit: if you suggest stocks, which website is the best to use to buy/trade them?

[Esty]

sppunk to thread.

hey brady.

[BlueStar]

Why not go with a CD?

[foxtrot]

perscription drugs are a great investment... Find a baron who will ultimately sell them to Terell Ownens.

[wHATcOLOR]

Originally Posted by BlueStar

Why not go with a CD?

she asks for an investment with high risk/high return, and you suggest a CD. a product that is insured and generally accepted as risk-free.

[Elvis The Fat Years]

Dustin Diamond (Screech from Saved by the Bell) supposedly has a 40-minute sex tape in which he engages in a threesome with two women and even performs a Dirty Sanchez

Originally Posted by Esty

sppunk to thread.

I keep thinking you're Turdylon. I was about to say "this comment alone will get you out of my 20 Most Hated Netphorians." Scratch that. You're not Turdy.

[BlueStar]

Originally Posted by wHATcOLOR

she asks for an investment with high risk/high return, and you suggest a CD. a product that is insured and generally accepted as risk-free.

Yes, because I was wondering why she felt the need for something high-risk. Stocks are not something that is advisable for someone just starting out in their career and who knows little to nothing about them. Of course, the extra money she has lying around could be a couple of million. In which case, go with stocks.

Originally Posted by bardy

So I have some extra money lying around. Where can I invest small amounts and accept a risky scenario in order to get a higher short-term return. Are stocks pretty much my only option?


edit: if you suggest stocks, which website is the best to use to buy/trade them?

How bout we invest your money in an online sportsbook.

You put the money into the account and manage the account based on my recommendations for bets.

I get a percentage of whatever you bring in because I do all the work.

I can assure we would make money at this. I'm pretty good at sportsbetting.

[mistle]

money can be exchanged for goods and services

[sppunk]

I can't help with single stocks. However, if you want to park it in a money-market for a bit while you do research (which is probably the smartest thing), I would recommend Emigrant Direct, who now has a 5.15 percent money-market.

If you want immediate high returns, bet on sports or play poker. They are about as safe as a single stock where you could see an immediate high return.

[Karl Connor]

if i were starting a career i'd personally put my money in mutual funds ... but i'm the last person that should be posting about that sort of thing probably

[sppunk]

Originally Posted by Boner

How bout we invest your money in an online sportsbook.

You put the money into the account and manage the account based on my recommendations for bets.

I get a percentage of whatever you bring in because I do all the work.

I can assure we would make money at this. I'm pretty good at sportsbetting.

I gave Boner $200 and he's returned to me $1,500 in about three months.

[Esty]

Boner, can you do the same for me?

[Nimrod's Son]

let me take you to some poker tournaments, bardy

[wHATcOLOR]

Originally Posted by BlueStar

Yes, because I was wondering why she felt the need for something high-risk.

wild and crazy guess here: chance for much higher return

Originally Posted by BlueStar

Stocks are not something that is advisable for someone just starting out in their career and who knows little to nothing about them.

that's quite a broad statement. it sounds like you're projecting your own views on risk onto someone else. who are you to say what they should or should not do, ESPECIALLY if someone is already doing a good amount of saving (she said she has 'extra' funds, which to me means after expenses and savings, though its probably best if bardy answers that one).

and as for not knowing much about them it appears she asked for websites for trading. which, *gasp*, have resources for education. oh my!

Originally Posted by BlueStar

Of course, the extra money she has lying around could be a couple of million. In which case, go with stocks.

oh, so in your eyes, what is 'not advisable' for a few thousand dollars of extra funds is suddenly your recommended investment for a few million.

i'm glad you went into politics instead of providing financial advice

[Esty]

Originally Posted by Boner

I keep thinking you're Turdylon. I was about to say "this comment alone will get you out of my 20 Most Hated Netphorians." Scratch that. You're not Turdy.

I have to get rid of the avatar then, I don't want to ruin his bad reputation.

[mistle]

let me take you to some pokémon tournaments, bardy

[Esty]

Isn't yo-gi-oh (whatever) the "it" card game now?

[BlueStar]

Originally Posted by wHATcOLOR

i'm glad you went into politics instead of providing financial advice

That general advice comes from a financial advisor.

[sppunk]

Originally Posted by wHATcOLOR

i'm glad you went into politics instead of providing financial advice

*high five*

[wHATcOLOR]

guess what, financial advice varies by situation. what is recommended for one situation is not necessarily the recommendation for another.

and its interesting that when dealing with extra funds, the investment of stocks, which isn't recommended at a few thou, suddenly becomes recommended at a few mill. it's like the fundamentals suddenly changed.

i think you'd be better off saying "a financial advisor recommended a CD to me" or whatever the case is. because you just sound more idiotic than usual when you recommend CD in response to a request for high-risk, high-return, and then go on to tell someone what is and is not advisable.

alternately, you could post the full text of a halfway relevant article you found somewhere on the internet.

the long and the short of it is this, you're the one who is giving financial advice here, i didn't give a single shred of advice, i just pointed out that you sound like an idiot.

[sppunk]

Originally Posted by BlueStar

That general advice comes from a financial advisor.

Financial advisors are a joke. They are simply trying to make money by selling you specific stocks/packages they get extra commission from.

[BlueStar]

Originally Posted by wHATcOLOR

guess what, financial advice varies by situation. what is recommended for one situation is not necessarily the recommendation for another.

and its interesting that when dealing with extra funds, the investment of stocks, which isn't recommended at a few thou, suddenly becomes recommended at a few mill. it's like the fundamentals suddenly changed.

i think you'd be better off saying "a financial advisor recommended a CD to me" or whatever the case is. because you just sound more idiotic than usual when you recommend CD in response to a request for high-risk, high-return, and then go on to tell someone what is and is not advisable.

alternately, you could post the full text of a halfway relevant article you found somewhere on the internet.

the long and the short of it is this, you're the one who is giving financial advice here, i didn't give a single shred of advice, i just pointed out that you sound like an idiot.

Hence, I said it was general advice.

I was just throwing a number out there as an example.

I have never personally sought such financial advice. I do, however, happen to know a couple of financial advisors and be related to someone who makes a living off investing in stocks.

An article about investing would probably be the most relevant thing anyone has posted in this thus far.

bardy asked for advice, she got it.

[sppunk]

Bardy, buy an annuity!!!

[bardy]

I wasn't really looking at mutual funds because I thought you had to have a pretty high amount to initially buy in? Isn't it like 5 grand? I was thinking of putting about $500 into something high risk and be happy with any money I make on it in a short period of time. Not for any real reason but to just see if I can do it.

But yeah I have more than enough money to pay my bills and it's just kind of pooling up in my bank account (I am cheap and am really inable to spend a lot of money). I am letting enough of it pool up to invest into something more long-term and low risk, but I am just kinda bored and want to throw a little bit of it into someting else. Does that make sense?

And honestly the sports betting is not a bad idea---that's the general idea of this. My uhhh man I feel weird saying boyfriend, but he does a lot of sports betting and is pretty good at it. Maybe I should just give him my money, he wouldn't charge me interest like Boner!


and be prepared to answer my questions when I have to decide what funds to put my 401k in. There are a lot of Putnum ones (I hear bad things? but they are getting better/trying to turn their image around) and a Vanguard one. However, funnily enough, I think the company stock has been doing better than the mutual funds.

[sppunk]

I can't speak for any other companies, but all Vanguard funds aside from STAR require $3,000 to invest. STAR requires only $1,000.

[wHATcOLOR]

Originally Posted by BlueStar

Hence, I said it was general advice.

I was just throwing a number out there as an example.

I have never personally sought such financial advice. I do, however, happen to know a couple of financial advisors and be related to someone who makes a living off investing in stocks.

An article about investing would probably be the most relevant thing anyone has posted in this thus far.

bardy asked for advice, she got it.

throwing a number out there as an example... ok, did the fundamentals of the investment change in any way, shape or form somehow once the amount invested changed?

and as for general advice, and 'she asked for advice, she got it'.. that's like someone saying 'i want to go on a diet, something where i can eat 3 meals a day and still lose weight'

and you come back with 'a dietician (i've never sought the advice of one, but i know one and he advised someoen to do this once..) said that you should drink less soda and eat more meat.

first of all, you don't even know if she drinks any soda at all or is a vegetarian or not. and you didn't address the specifc nature of her question. and you gave regurgitated 'general' advice that was way more applicable to a completely different situation.

my point stands, your input suked.

[I'm Hardcore]

Originally Posted by Elvis The Fat Years

Dustin Diamond (Screech from Saved by the Bell) supposedly has a 40-minute sex tape in which he engages in a threesome with two women and even performs a Dirty Sanchez

[BlueStar]

from Ny daily news

He may have played nerdy eighth-grader Samuel (Screech) Powers in the sitcom "Saved by the Bell." But former TV geek Dustin Diamond can now take his place with Colin Farrell, Tommy Lee and Kid Rock as the star of his very own sex tape.
Everyone who remembers Diamond as a lovable putz is in for a shock once they see a 40-minute video in which he engages in a kinky three-way with two women, sources tell us.

We can't get too graphic here, but word is that the action *******s some bodily functions and an act known as a "Dirty Sanchez."

Phoenix-based agent David Hans Schmidt, who has brokered some of Hollywood's biggest celebrity-skin deals, confirms that he's acquired the rights to a tape featuring Diamond.

"Just when you think you have seen everything in this business," he tells us, "mankind has raised the bar another notch. Or lowered it."

Schmidt is in L.A., shopping the tape to Hustler's Larry Flynt, Vivid's Steven Hirsch and other major distributors of adult video.

Now age 29, the 6-foot Diamond is much brawnier than you may remember him. He's a black belt in karate, and, four years ago, he defeated Ron Palillo (Horshack on "Welcome Back, Kotter") on Fox's "Celebrity Boxing 2."

Diamond's manager, Roger Paul, said his client has become a successful standup comic and will appear on the ABC sitcom "The Knights of Prosperity."

"I haven't seen the tape," Paul told us. "I've heard rumors. Dustin has been trying to escape the Screech typecast. So this may help me get more bookings."

In 1996, former "Saved by the Bell" sweetheart Elizabeth Berkley bared all in the Paul Verhoeven-Joe Eszterhas trashterpiece, "Show Girls."

The sex vid's working title is "Saved by the Smell."