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03-14-2007, 08:21 PM
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#1 | | Senior Member
Join Date: Jan 2007 Location: L.A.
Posts: 1,239
| I have $800 to invest Other than $800 worth of lottery tickets, how can I make some money off of this? |
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03-14-2007, 09:25 PM
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#2 | | Super Moderator
Join Date: Feb 2007 Location: Two Rivers, WI
Posts: 5,410
| Buy two purebred dogs of different and completely incompatible breeds ($400 each - make sure you get one of each gender) breed them and sell the resulting offspring for $1400 each.
(Don't forget the cute combo name.)
Last edited by RonE; 03-14-2007 at 09:29 PM.
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03-14-2007, 09:34 PM
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#3 | | Super Moderator
Join Date: Apr 2006 Location: Elsa's House
Posts: 7,970
| Brilliant Grandpaw RonE! Although I was going to suggest pork loins! Invest in pork loins!
What kind of time frame are you looking at for the investment? |
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03-14-2007, 10:13 PM
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#4 | | Super Moderator
Join Date: Feb 2007 Location: Two Rivers, WI
Posts: 5,410
| If you're in a hurry, focus on SGOLDs - short gestation odd-looking dogs.
Turn-around is so quick, you won't even have to buy food. |
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03-14-2007, 10:19 PM
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#5 | | Super Moderator
Join Date: May 2006
Posts: 709
| First off, if you can send 300K to the wrong place you should have way more than 800 bucks to invest. But if it's just extra money that you won't need anytime soon, a good mutual fund is a great way to go. A roth IRA is usually the best choice if available to you. |
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03-14-2007, 10:30 PM
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#6 | | Super Moderator
Join Date: Apr 2006 Location: Elsa's House
Posts: 7,970
| Quote:
Originally Posted by drfong First off, if you can send 300K to the wrong place you should have way more than 800 bucks to invest. But if it's just extra money that you won't need anytime soon, a good mutual fund is a great way to go. A roth IRA is usually the best choice if available to you. | And if you're thinking short term, VEGAS!!!! |
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03-14-2007, 10:57 PM
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#7 | | Super Moderator
Join Date: May 2006
Posts: 709
| 800 at vegas is about 2 hours. I'd say that's very short term. |
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03-15-2007, 12:29 AM
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#8 | | Senior Member
Join Date: Jan 2007 Location: Land of barbies, blondes, called the Oc.
Posts: 3,188
| Travel the world on cheap tickets , with hundred of stops , aslong as it gets you there "whereever  ?" |
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03-15-2007, 01:29 AM
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#9 | | Senior Member
Join Date: Jan 2007 Location: L.A.
Posts: 1,239
| Quote:
Originally Posted by drfong First off, if you can send 300K to the wrong place you should have way more than 800 bucks to invest. But if it's just extra money that you won't need anytime soon, a good mutual fund is a great way to go. A roth IRA is usually the best choice if available to you. | lol
Dont remind me about the $300k. Tomorrow is going to be a long day...
Since the money is extra, I dont really mind waiting for a return if the time frame is reasonable. This is why I was thinking about the stock market  |
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