Anabolics
Search More Than 6,000,000 Posts
Page 1 of 2 12 LastLast
Results 1 to 40 of 59

Thread: Investments

  1. #1
    nsa
    nsa is offline King of Supplements
    Join Date
    Mar 2004
    Location
    east coast
    Posts
    5,484

    Investments

    Looking to invest a sh!tload of money. What can i invest in that will have a decent interest rate with a very low risk involved? I'm thinking of openning a money market account (maybe a CD) and all i really want is to have an APY of around $25,000-50,000 each year.

  2. #2
    arthurb999's Avatar
    arthurb999 is offline Anabolic Member
    Join Date
    Aug 2001
    Location
    USA
    Posts
    2,715
    How much cash are we talking?

  3. #3
    nsa
    nsa is offline King of Supplements
    Join Date
    Mar 2004
    Location
    east coast
    Posts
    5,484
    I guess a 'sh!tload of money' wasn't very exact. Details are still being worked out, but in the range of $800,000-1,200,000. I'm gonna have to split it up into lots of accounts, cause i don't think many banks have FDIC insurance for much over 100,000.

  4. #4
    tonytone's Avatar
    tonytone is offline Registered User
    Join Date
    Apr 2004
    Location
    TEXAS
    Posts
    2,505
    "invest" in my trip to vegas....i'll double your money playing poker, i swear

  5. #5
    Rob's Avatar
    Rob
    Rob is offline Canadian Legend
    Join Date
    Aug 2004
    Location
    ONTARIO
    Posts
    3,201
    Real estate

  6. #6
    Italion Stallion07's Avatar
    Italion Stallion07 is offline Associate Member
    Join Date
    Feb 2005
    Location
    Boston
    Posts
    452
    real estate

  7. #7
    Cmore's Avatar
    Cmore is offline Associate Member
    Join Date
    Apr 2005
    Posts
    265
    Real estate or you could have 8-12 $100,000 CDs. Would depend on how long you chose to invest it for as to what return you would get. I think you can get around 3% on a 6 month cd, and probably around 5-6% for a 5 year cd, depends on what bank you look at. Shop around and see which banks offer the best rates if that's what you choose to do.

  8. #8
    CRUISECONTROL's Avatar
    CRUISECONTROL is offline Post Whore Extraordinaire Cruising On Autopilot
    Join Date
    Jun 2005
    Location
    La La Land
    Posts
    5,413
    I would invest in the alternitive fuel combustion area (at least some of it)

    We will get there one day whether we want to or not....... and when that time comes WOW you could only imagine.... example (what if you could have invested into company that patented the internal combustion engine) where would you be today--or how wealthy

  9. #9
    Dave321 is offline AR's Salad Tossing Connoisseur
    Join Date
    Apr 2005
    Posts
    4,693
    check your pm nsa

  10. #10
    Dave321 is offline AR's Salad Tossing Connoisseur
    Join Date
    Apr 2005
    Posts
    4,693
    sheit, you don't have pm's....
    Last edited by Dave321; 12-28-2007 at 04:52 PM.

  11. #11
    BG's Avatar
    BG
    BG is online now The Real Deal - AR-Platinum Elite- Hall of Famer
    Join Date
    Apr 2005
    Location
    NY
    Posts
    19,325
    Quote Originally Posted by CRUISECONTROL
    I would invest in the alternitive fuel combustion area (at least some of it)

    We will get there one day whether we want to or not....... and when that time comes WOW you could only imagine.... example (what if you could have invested into company that patented the internal combustion engine) where would you be today--or how wealthy
    Not a bad idea!!

  12. #12
    nsa
    nsa is offline King of Supplements
    Join Date
    Mar 2004
    Location
    east coast
    Posts
    5,484
    I'm not some hot shot millionaire, im a kid who got kind of lucky i guess. Key here is that im looking for low-risk investments. So i ruled out all stocks. Real estate is a decent idea, i'll look into that and see what that turns up. I'm definately leaning towards multiple CD's just because there is a sure 4-6% return and no risk. I'm not used to having anything close to this kind of money so i am going to be extremely careful with it...

  13. #13
    Dave321 is offline AR's Salad Tossing Connoisseur
    Join Date
    Apr 2005
    Posts
    4,693
    Quote Originally Posted by nsa
    I'm not some hot shot millionaire, im a kid who got kind of lucky i guess. Key here is that im looking for low-risk investments. So i ruled out all stocks. Real estate is a decent idea, i'll look into that and see what that turns up. I'm definately leaning towards multiple CD's just because there is a sure 4-6% return and no risk. I'm not used to having anything close to this kind of money so i am going to be extremely careful with it...
    gotcha... in that case... stock is def. not the way to go... great benefits if good, shitty if bad... best of luck with your investment.

  14. #14
    Maraxus's Avatar
    Maraxus is offline Banned
    Join Date
    Apr 2004
    Location
    Miami
    Posts
    4,345
    Real Estate.

  15. #15
    Maraxus's Avatar
    Maraxus is offline Banned
    Join Date
    Apr 2004
    Location
    Miami
    Posts
    4,345
    What did you win the lottery or something?

  16. #16
    nsa
    nsa is offline King of Supplements
    Join Date
    Mar 2004
    Location
    east coast
    Posts
    5,484
    Quote Originally Posted by Maraxus
    What did you win the lottery or something?
    Civil lawsuit...

  17. #17
    Maraxus's Avatar
    Maraxus is offline Banned
    Join Date
    Apr 2004
    Location
    Miami
    Posts
    4,345
    Quote Originally Posted by nsa
    Civil lawsuit...

    nice...

  18. #18
    Dave321 is offline AR's Salad Tossing Connoisseur
    Join Date
    Apr 2005
    Posts
    4,693
    Quote Originally Posted by nsa
    Civil lawsuit...
    very nice

  19. #19
    nsa
    nsa is offline King of Supplements
    Join Date
    Mar 2004
    Location
    east coast
    Posts
    5,484
    It's nice now i guess. But i would never wish what happened to me upon anyone, whether i liked or disliked them...

  20. #20
    Maraxus's Avatar
    Maraxus is offline Banned
    Join Date
    Apr 2004
    Location
    Miami
    Posts
    4,345
    ugh curiousity is killing me!

  21. #21
    nsa
    nsa is offline King of Supplements
    Join Date
    Mar 2004
    Location
    east coast
    Posts
    5,484
    Quote Originally Posted by Maraxus
    ugh curiousity is killing me!
    Mcdonald's made me fat, i sued them for it and i won....

  22. #22
    Maraxus's Avatar
    Maraxus is offline Banned
    Join Date
    Apr 2004
    Location
    Miami
    Posts
    4,345
    lmao, damn I shouldve tried that before dieting!

  23. #23
    Dave321 is offline AR's Salad Tossing Connoisseur
    Join Date
    Apr 2005
    Posts
    4,693
    Quote Originally Posted by nsa
    Mcdonald's made me fat, i sued them for it and i won....
    lmao!!! has somebody already shot nacho cheese in their eye from Taco Bell, cause that's my next move... don't tell anyone!

  24. #24
    GREENMACHINE's Avatar
    GREENMACHINE is offline Are you green enough?
    Join Date
    Dec 2003
    Location
    Forty shades of green
    Posts
    2,248
    Build your own gym, train a few clients. Forget investing you are made. You won't have any excuse to not get in meals every 2 hours.

  25. #25
    nsa
    nsa is offline King of Supplements
    Join Date
    Mar 2004
    Location
    east coast
    Posts
    5,484
    Quote Originally Posted by Maraxus
    lmao, damn I shouldve tried that before dieting!
    LOL. But seriously it was an attempted murder, well actually a succesful murder, but i was recessitated back to life in the hospital. The story is on here in a thread or two. Short story is: i was hit in the face with a bat 4 times, then they slit both my wrists. Suit was against 7 people's homeowners insurance co. that were arrested out of a group of 35-40 people. Not worth it IMO, but i'll take it...

  26. #26
    Maraxus's Avatar
    Maraxus is offline Banned
    Join Date
    Apr 2004
    Location
    Miami
    Posts
    4,345
    forget building your own gym, or training clients, youre not made and you gotta make sure your money will make money for you. Again I repeat. REAL ESTATE.

  27. #27
    Maraxus's Avatar
    Maraxus is offline Banned
    Join Date
    Apr 2004
    Location
    Miami
    Posts
    4,345
    Quote Originally Posted by nsa
    LOL. But seriously it was an attempted murder, well actually a succesful murder, but i was recessitated back to life in the hospital. The story is on here in a thread or two. Short story is: i was hit in the face with a bat 4 times, then they slit both my wrists. Suit was against 7 people's homeowners insurance co. that were arrested out of a group of 35-40 people. Not worth it IMO, but i'll take it...


    WHAT THE **** NSA

  28. #28
    Dave321 is offline AR's Salad Tossing Connoisseur
    Join Date
    Apr 2005
    Posts
    4,693
    Quote Originally Posted by nsa
    LOL. But seriously it was an attempted murder, well actually a succesful murder, but i was recessitated back to life in the hospital. The story is on here in a thread or two. Short story is: i was hit in the face with a bat 4 times, then they slit both my wrists. Suit was against 7 people's homeowners insurance co. that were arrested out of a group of 35-40 people. Not worth it IMO, but i'll take it...
    wow dude... glad to hear your alright... Hey, at least you are fortunate enough to be here to talk about it...

  29. #29
    nsa
    nsa is offline King of Supplements
    Join Date
    Mar 2004
    Location
    east coast
    Posts
    5,484
    Quote Originally Posted by GREENMACHINE
    Build your own gym, train a few clients. Forget investing you are made. You won't have any excuse to not get in meals every 2 hours.
    I was thinking of something like that. I'm a student right now, working part time as a physical therapy tech, hoping to go for my doctorate in physical therapy after im done with undergrad. I have a semi-thought out plan involving me investing the money in a money market or CD, til im done with my doctorate, then use the interest from the investment to pay off the cost of school, then use the principle to open up my own physical therapy practice. Physical therapy pays alot more than personal training, you get to tap into medical insurance companies...

  30. #30
    GQSuperman's Avatar
    GQSuperman is offline Banned
    Join Date
    May 2004
    Posts
    586

    investments

    i'm pretty sure theres a smarter and better way to make money off 800,000-1.2mil than just a CD. you should get yourself a finanicial planner. tell him what you want and make it happen. do you have any buddies who went into the field from college? maybe someone here can hook you up with a name.

    just thinking that if you want to make enough interest to pay off student loans, you can get a lot better return than 3-4% from a bank CD or money market. besides, you're young, you should be thinking long term...and there are much better investments than CDs. of course you'll want a balanced portfolic, so CDs can have their place, but look into stocks/bonds etc.

  31. #31
    Money Boss Hustla's Avatar
    Money Boss Hustla is offline Retired Moderator
    Join Date
    Jan 2003
    Location
    Canada
    Posts
    8,101
    Quote Originally Posted by nsa
    LOL. But seriously it was an attempted murder, well actually a succesful murder, but i was recessitated back to life in the hospital. The story is on here in a thread or two. Short story is: i was hit in the face with a bat 4 times, then they slit both my wrists. Suit was against 7 people's homeowners insurance co. that were arrested out of a group of 35-40 people. Not worth it IMO, but i'll take it...
    What!? When!? Why!? Details dammit!

  32. #32
    GeeOweDee's Avatar
    GeeOweDee is offline Associate Member
    Join Date
    Apr 2005
    Posts
    175
    Invest in a porn shop!!!

  33. #33
    nsa
    nsa is offline King of Supplements
    Join Date
    Mar 2004
    Location
    east coast
    Posts
    5,484
    Quote Originally Posted by GQSuperman
    i'm pretty sure theres a smarter and better way to make money off 800,000-1.2mil than just a CD. you should get yourself a finanicial planner. tell him what you want and make it happen. do you have any buddies who went into the field from college? maybe someone here can hook you up with a name.

    just thinking that if you want to make enough interest to pay off student loans, you can get a lot better return than 3-4% from a bank CD or money market. besides, you're young, you should be thinking long term...and there are much better investments than CDs. of course you'll want a balanced portfolic, so CDs can have their place, but look into stocks/bonds etc.
    I have a few friends who went into pro sports from college, yeah i've talked to them about it. They have CD's and money market accounts. LOL. They said they were told that is the safest investment with a sure return of that percentage. 3-4% return is from a money market account, CD's can be alot more than that if they are for a longer term. And your guaranteed you won't lose any money.

  34. #34
    FCECC2 is offline Anabolic Member
    Join Date
    Jan 2003
    Location
    under some plywood sheets
    Posts
    2,260
    Quote Originally Posted by nsa
    Myself and a few of my frat brothers turned away a bunch of our schools wrestlers from a private party. So they decided to come back with 35 other people and a bunch of baseball bats and show us how tough they were. After all that i still wasn't going to let them into our party and still said go away. They started fighting with our brothers outside my house, there where about 20 of my frat borthers out there. i knocked out 3 kids and my buddy knocked out 2 kids and at that time we were the biggest kids on our side they figured it would be best to take the two of us out. My buddy ended up getting a shattered skull and i ended up fracturing my skull 4 times, we both flatlined and were recesitated back to life in the hospital. And the kids who hit us are going to jail for a long time. Some of you may have heard about this last october on national news or new york tri-state area newspapers.
    fokin sick maan!!!

  35. #35
    nsa
    nsa is offline King of Supplements
    Join Date
    Mar 2004
    Location
    east coast
    Posts
    5,484
    Quote Originally Posted by Money Boss Hustla
    What!? When!? Why!? Details dammit!
    http://www.nytimes.com/2003/10/14/co...261508&ei=5034

    http://abclocal.go.com/wabc/news/wabc_102403_brawl.html

    http://abclocal.go.com/wpvi/news/091...ersattack.html

    According to everyone else it was a huge story for a while, i was in a coma so i had no idea when i woke up. All the others websites have since been replaced or deleted...

  36. #36
    GQSuperman's Avatar
    GQSuperman is offline Banned
    Join Date
    May 2004
    Posts
    586

    true

    but those no risk options are usually better or suggested to older people near retirement age..who can't afford the risk.

    younger investors are encouraged to invest a little more aggressivley...even investing in an index500 mutual fund would probrably be more advisable at your age. the payout is usually worth the minor risk...you can go more aggressive if you'd like but its up to you.

    personally, i'd dump some into a long term CD, but i'd put at least half into some mutual funds through Vanguard. i might even be tempted to buy some stock if i had any that were advised to me from someone i trusted.

    you have a great chance to set yourself up for the future. make sure you take the little extra time and effort to talk to someone who handles money for a living...i think most investment people would say that dumping it all into CDs, although safe...isnt' necessarily the best thing for you to do.

    real estate is something else that mgiht be appe****g if you know of a growing market....some areas down in florida are becoming hot beds....i have a buddy who buys vacant lots and sits on them for 9-12 months and then sells for 10-40,000 profit.

  37. #37
    ginkobulloba's Avatar
    ginkobulloba is offline Senior Member
    Join Date
    Mar 2004
    Location
    asia
    Posts
    1,142
    NSA,

    With the amount of money you have, you should do yourself a favor and look into off shore accounts. There are legitimate ways of doing this and you can avoid 40% of your profits being taken away by the man. Even the top brass in our own government does this to protect their assets. I know people who specialize in this kind of thing and it is a great solution if you like to keep money, rather than give it away in taxes.

  38. #38
    StoneGRMI's Avatar
    StoneGRMI is offline Giggity Giggity Giggty!
    Join Date
    Dec 2004
    Location
    Michigan
    Posts
    4,336
    Blog Entries
    6
    Quote Originally Posted by Maraxus
    forget building your own gym, or training clients, youre not made and you gotta make sure your money will make money for you. Again I repeat. REAL ESTATE.

    Amen. Land developing alone will make you a lot of money. Take your states real estate licensing class/classes and learn about it before dropping money. Also by obtaining your license you can save yourself some money when buying/selling property. Don't do comercial off the bat, its a pain in the ass.

  39. #39
    rocky1388 is offline New Member
    Join Date
    Mar 2005
    Location
    long island ny
    Posts
    43
    the best investment imo is real estate it is a proven fact that real estate never goes down. it will slow down during recessions but will never go down. think of it this way you are from nj how much could you buy a house for 10 years ago or even 20 yrs ago. and think about the people who bought 4,5,6 houses and how much they are worth today real estate buy a couple 2,3 family houses but down 1/3 and collect the money but be smart and look for the deals

  40. #40
    nsa
    nsa is offline King of Supplements
    Join Date
    Mar 2004
    Location
    east coast
    Posts
    5,484
    Thanks for the advice guys...

Page 1 of 2 12 LastLast

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •