i just got a $5,000 check for a personal injury lawsuit from a 2-year-old car accident...i have enough cash to get by right now, so what would be the best option to invest in and multiply my cash?? i already know everybody gonna say cop a shitload of yay and double up...but besides the obvious...any suggestions?? i looked at some High Yield CD's, but the return just isn't attractive enough...
Best Investment??
- Thread starter 3xLaZY
- Start date
My dad is a financial planner and he has for himself and recommends to his client the international stock fund from Dodge & Cox.
https://www.dodgeandcox.com/ISF.asp
With a $5000 investment you will likely make about $1000 in a year with that fund. Like Tony said, Roth IRA's are great too. You should invest your money in multiple ways.
https://www.dodgeandcox.com/ISF.asp
With a $5000 investment you will likely make about $1000 in a year with that fund. Like Tony said, Roth IRA's are great too. You should invest your money in multiple ways.
FUN and Profitable
Spend the money on as many bottles of Boone's you can fit into those little red plastic crates, find a red light district that's suffering from loss-of-pimps and start distributing your flavorful treats to all in attendance. If played right, you could make your money back in one evening spent with your new close friends.
invest in a mutual fund.
search for: CWGIX
my grandparents told me to invest in that shit, it has an average of 17% annual return, and has shot up 4 dollars in the past 2 months, its only had one down year in its history, and posted a return of 40% one year, pretty crazy, its one of the best performers on wall street
search for: CWGIX
my grandparents told me to invest in that shit, it has an average of 17% annual return, and has shot up 4 dollars in the past 2 months, its only had one down year in its history, and posted a return of 40% one year, pretty crazy, its one of the best performers on wall street
That's even more of a reason to buy it. Only fuck with gold, it will always be in demand forever. Put it this way, I bought I gold coin for $500, 7 days later it's worth $700. Imagine how much it will be worth after 5 years. Also with the way the dollar is going down, saving paper money is pointless..
^ don't say that. Diamonds really aren't all that rare, in fact a lot of the stones that we buy for cheaper are really more rare than diamonds, but deBeers and other companies mine the diamonds, but store them and only release a limited amount each year to keep the price artificially inflated so they can control their profit margins. Only a small percentage are actually released that are mined every year.
Gold is a much better bet.
Gold is a much better bet.