Best way to invest $1300?

Discussion in 'Risk Management' started by doctorbonez, Apr 25, 2012.

  1. Forex, 50:1 Go big or Go home.
     
    #11     Apr 26, 2012
  2. Take the tax-hit and move it into something with no restrictions.
     
    #12     Apr 26, 2012
  3. If I were to speculate with FB, it would be to short the hell out of it
     
    #13     Apr 26, 2012
  4. Crispy

    Crispy

    PPR - ING prime rate fund trading 5.63 gets you 230 shares.


    Great dividend name....see below. It has years of the same performance.

    Apr 5, 2012 0.033 Dividend
    Mar 8, 2012 0.03 Dividend
    Feb 8, 2012 0.03 Dividend
    Dec 28, 2011 0.029 Dividend
    Dec 8, 2011 0.028 Dividend
    Nov 8, 2011 0.028 Dividend
    Oct 5, 2011 0.026 Dividend
    Sep 8, 2011 0.026 Dividend
    Aug 8, 2011 0.026 Dividend
    Jul 7, 2011 0.025 Dividend
    Jun 8, 2011 0.026 Dividend
    May 6, 2011 0.025 Dividend
    Apr 7, 2011 0.026 Dividend
     
    #14     Apr 26, 2012
  5. nkhoi

    nkhoi

    in case you didn't know you can't short IPO.
     
    #15     Apr 26, 2012
  6. No custodian is going to allow then to trade futures with <$2,000.
     
    #16     Apr 26, 2012
  7. i was being facetious, doubt you could short from an IRA account also.

    ill probably end up with a couple of shares of some ETF or equity to broaden my portfolio..

    thanks for everyones thoughts.
     
    #17     Apr 26, 2012
  8. nkhoi

    nkhoi

    I was serious, I was in IRA, I asked for suggestion and no I didn't buy 1K of GOOG IPO.
     
    #18     Apr 26, 2012
  9. There's a reason the savings rate in America has fluctuated around zero for a decade. People have figured out that under our current policies the average individual "saver" will eventually lose. My personal advice would be to put the money into insulating you house or buying a more fuel efficient car or just take a nice vacation you'll remember. Anything the average Joe tries to save nowadays is up for grabs in our economic/political kleptocracy.

    If you understandably want some money set aside for emergencies, then the "buy nickles" advice is probably as good as any - or some commodity backed ETF although you'll still be pilfered by a 28% annual tax on your inflated "gains". It's sad to face, but consider the old gambling addage - if you look around the table and don't see the sucker... it's you.
     
    #19     Apr 28, 2012