Investments

[nsa]

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.

[arthurb999]

How much cash are we talking?

[nsa]

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.

[tonytone]

"invest" in my trip to vegas....i'll double your money playing poker, i swear

[Rob]

Real estate

[Italion Stallion07]

real estate

[Cmore]

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.

[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

[Dave321]

check your pm nsa

[Dave321]

sheit, you don't have pm's....

[BG]

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!!

[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...

[Dave321]

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.

[Maraxus]

Real Estate.

[Maraxus]

What did you win the lottery or something?

[nsa]

What did you win the lottery or something?

Civil lawsuit...

[Maraxus]

Civil lawsuit...

nice...

[Dave321]

Civil lawsuit...

very nice

[nsa]

It's nice now i guess. But i would never wish what happened to me upon anyone, whether i liked or disliked them...

[Maraxus]

ugh curiousity is killing me!

[nsa]

ugh curiousity is killing me!

Mcdonald's made me fat, i sued them for it and i won....

[Maraxus]

lmao, damn I shouldve tried that before dieting!

[Dave321]

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!

[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.

[nsa]

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...

[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.

[Maraxus]

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

[Dave321]

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...

[nsa]

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...

[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.

[Money Boss Hustla]

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!

[GeeOweDee]

Invest in a porn shop!!!

[nsa]

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.

[FCECC2]

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!!!

[nsa]

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...

[GQSuperman]

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.

[ginkobulloba]

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.

[StoneGRMI]

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.

[rocky1388]

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

[nsa]

Thanks for the advice guys...