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The Water Cooler
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Investing some "fun money"
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<blockquote data-quote="TANSTAAFL" data-source="post: 4232973" data-attributes="member: 27098"><p>Really depends, do you want to be speculative or safe? What is your ultimate goal with the money, just want to play around and gamble? All have given good suggestions here, just depends how much risk. At this point I'm beginning to think Silver, Gold and Ammunition are better investments to be speculative with. BRICS nations and banks are buying up Gold. As for ETF's they can be very good, or index funds. Want to be speculative? Hold it in a money market, wait until a 20% or greater dip in the S&P or Dow, then invest in a decent ETF in those indices. Billionaires are getting out of stocks to a certain degree, so that does not bode well. Only problem though with Market timing, what if the Market dips 20% then another 20% after you invest? Be prepared to be on the roller coaster ride until the Market recovers...</p><p></p><p>I'm, very diversified at this point.</p></blockquote><p></p>
[QUOTE="TANSTAAFL, post: 4232973, member: 27098"] Really depends, do you want to be speculative or safe? What is your ultimate goal with the money, just want to play around and gamble? All have given good suggestions here, just depends how much risk. At this point I'm beginning to think Silver, Gold and Ammunition are better investments to be speculative with. BRICS nations and banks are buying up Gold. As for ETF's they can be very good, or index funds. Want to be speculative? Hold it in a money market, wait until a 20% or greater dip in the S&P or Dow, then invest in a decent ETF in those indices. Billionaires are getting out of stocks to a certain degree, so that does not bode well. Only problem though with Market timing, what if the Market dips 20% then another 20% after you invest? Be prepared to be on the roller coaster ride until the Market recovers... I'm, very diversified at this point. [/QUOTE]
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