$2500 saved up what to do?

I have about $2500 saved up and its been collecting dust under my bed for last few months... Never invested i did some paper trading but lost interest fast cuz it wasnt real money so i want to invest but wondering if options is the right choice?

 

Las Vegas offer a better return and more fun, and they may offer free food if you loss a lot.

 

Maybe get a couple of escort girls for a night. More fun than giving it to the bucketshop.

 

It's only $2,500 which means two things, IMO....

1. You can't do much trading wise with $2,500 except maybe options, forex or maybe 3x leveraged ETF's. Keep in mind that even if you put up a 200% return on capital, you would only make $5,000, so clearly you must have some sort of other income stream going. You can't trade for a living with such a small amount.

2. The benefit to that small amount however, is that if you lose, so what? You're not going to jump to your death because you lost a couple thousand dollars. If you want to trade, this is a little money to help accomplish that.

Put it to work and see what happens.

 

Pay down your student loans.

 

1) You could pay down some debt especially credit card debt.

2) Home improvement if you own a home.

3) If you have children...put it into their college fund.

4) Play lotto

 

I started with less, much less and I've got more, not much more sadly LOL

So demo something you can afford to trade, risk $500 on a small account, lose it, add to it, repeat a few times till you get there, trade for a few years then retire easy.

Although I like EJ's idea for the first time ever, Escorts have to eat to

Forum's and moron's will ruin you, RUN AWAY do it on your own!!

 

Wow nice community anyways i was thinking options instead of long term tradding

 

Take the money and Learn how to program, otherwise back testing is near impossible doing it manually, and eventually you can automate your methods so you can do other things other than manually trade. And if all else fails, you have a possible career away from trading and gives you more time to back test and study the market flow, Price Action.

 

Wow, you guys are incredibly negative. Go for it, SuperM! Buy 2016 bearish leaps on the SP or Dow---- that's my call. however, if you are bullish, buy bullish leaps on the indexes. Risk it all, you may double your money or more-- go for it, don't listen to the morons who grind--speculate, have fun, and risk it. surf