What can I do with $14,000
Bookie
,
Wednesday, 4th of August 2010 09:31:55 PM
Hello, l live in Houston,TX and a few yrs ago l had like $20,000 and l Bookie blew it.l got surgery, bought a $8500 car and little by little l ended up Registered User with 0.Well now l started a new business and im making $13,000 a Joined: Wednesday, 2nd of June 2010, 10:21:35 month.(and l berly started).Nothing is Guaranteed in this life so my Posts: 1116 question is what can l do with this $14,000 l have right now before l end Viewed 12287 times up like last time? Do not say christmas shopping because l already have
the presents purchased.Do not say buy a new car because im not stupid.Here
is a list of the things l already have so please do not name them. />99' CADILLAC DEVILLE
42'' HD/TV
DVR
DVD PLAYER
1
SONY DESKTOP
1 HP LAPTOP
1 HP MINl NOTEBOOK
HP
PRINTER/SCANNER/FAX
TV STAND
MINl FRIDGE
DRAWER
BED/>DESK W/ SEAT
CELL PHONE
CAMERA
EXT EXT EXT.
(Oh and
by the way im only 18 so do not say sofa or dining table lol)
(And do
not say help your parents or pay rent because l pay $400 a month to help
them out)( l do not have kids, l have pets:Doberman-Pitbull)
Any
investments?
Im not asking this to make alot of money, l just do not
want the money sitting in my bank account doing nothing.l wanna use it to
make me more.Ideas, tips! Thanx!
Discovery- l founded a Dietary
Company, it is only been 4 months since l started.Im learning little by
little.Like l said Im confident that l will be make 1 million from Jan
2009-December 2009 but like l said l just need a safe haven just in case a
problem arises! Thanx for your advice!
candy cane
,
Thursday, 5th of August 2010 11:50:39 PM
Go to ur local bank & ask to open a CD. Sounds like you need it candy cane locked away so you can not touch it but considering ur age you might Registered User actually need it a few years down the line (for a house down payment or Joined: Saturday, 15th of May 2010, 18:15:26 something important) so you should hold off on a stock market investment. Posts: 1627 A CD is ur best bet considering ur situation, I'd recommend locking it in Viewed 8308 times for 6 months to a year & then at renewal you can decide how long to lock
it in again or invest it (but only if you are ready for that).
Big Foot
,
Friday, 6th of August 2010 11:41:45 PM
How about putting it in a Certificate of Deposit with a bank? Big Foot You loan the bank the money for a decent interest rate and you can do this Registered User for 6 months, 1 year and longer. Joined: Thursday, 20th of May 2010, 10:31:51 Posts: 764 Your money is absolutely save (FDIC insured and YOU can not blow it either Viewed 13903 times during the time it is lent to the bank).
Since you have every gimmick possible make sure you have the start of an
emergency fund for a rainy day. SAVE IT.
Hooch<3
,
Saturday, 7th of August 2010 03:46:07 AM
invest!!! this actually is a good time, not to long before they Hooch<3 go up. look at succsesful investors for advice and ideas. Registered User Joined: Thursday, 20th of May 2010, 06:33:30 Posts: 754 Viewed 17176 times
Beautiful
,
Sunday, 8th of August 2010 02:08:19 PM
don't spend it. first you invest in something small and get Beautiful gradually bigger investments. Registered User Joined: Monday, 3rd of May 2010, 12:21:49 Posts: 281 Viewed 19438 times
ma petite
,
Monday, 9th of August 2010 11:28:01 AM
You can buy a foreclosure house in Las vegas for $140,000, put ma petite 10% down, your rent should cover the morgage and property tax. Registered User Joined: Sunday, 9th of May 2010, 15:19:24 By the way, what kind of business you do? you make a lot of money for Posts: 1957 your age! Viewed 10531 times
Loo Loo/Lou Lou
,
Tuesday, 10th of August 2010 09:54:36 AM
Read ''The Total Money Makeover'' by Dave Ramsey now. It is Loo Loo/Lou Lou not a get-rich quick scheme. It is solid financial advice that will do Registered User you well for the rest of your life Joined: Saturday, 24th of April 2010, 11:11:29 Posts: 503 Viewed 17205 times
MissFlexa
,
Wednesday, 11th of August 2010 03:32:53 AM
Money in a bank account actually does make more money, called MissFlexa interest. How about putting it in a bank and letting it grow? You're Registered User young enough that you don't need to parlay it into $1million at the Joined: Tuesday, 20th of April 2010, 19:06:42 racetrack or Vegas. Just take your time. Posts: 269 Viewed 14228 times
Sweeetness
,
Thursday, 12th of August 2010 10:37:00 PM
what is wrong with saving the money? Sweeetness Registered User if you don't want it to just sit in a bank account, then open up an IRA, Joined: Thursday, 6th of May 2010, 10:01:30 or a regular brokerage account. teach yourself how to invest, and you Posts: 859 will be a lot better off than if you just buy a new flat screen. Viewed 14430 times
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