Investing some "fun money"

[Arnie]

I assume you didn’t leave it alone in the stock after the ‘corrections’

Yes we did. After several years, we did get back to the value of our original investment.

 

[Rez Exelon]

I dont get your point? A mutual fund is not a day trading strategy, just let it ride over the years of highs and lows. Anytime its low, its like buying on a discount.
I it has worked very well for me.

It's just interesting how by and large the trend lines are upwards regardless of president.

 

[Veritas]

It's just interesting how by and large the trend lines are upwards regardless of president.

You are correct, it's not sexy just low-risk with proven returns. If you are just day trading as a hobby then buy whatever, if you are investing for your retirement then each payday you put 15% of your income (assuming all your debt except for your mortgage is paid off) into a low-fee mutual fund indexed to the entire DOW or S&P regardless of what the market is doing and let it ride.

 

[CHenry]

It's just interesting how by and large the trend lines are upwards regardless of president.

Oh, gotcha.

 

[Parks 788]

Is adoption out of the question, daddy?

Well, I can't imagine a College Coed with a screen name Snattlerake having any semblance of a pretty girl. So, unless you're 5'10" 120# then it may not work out.

 

[kd5rjz]

If you only have $2k to play with, I'd find a short term option spread.

Otherwise, as others have said, CDs are paying well. $t isn't as great as it once was, but $et is still paying a good dividend.

 

[Chief Sapulpa]

So Parks 788, what did you do with the $2K?