If you had $10,000.00.
 

If you had $10,000.00 dollars to invest ,what business would you start?

Like power washing. or????

smart money
 

if you want a busniess invest in something that you want to do not have to do. I would put it in the stock market currently looking good in some areas. Get someone you trust to help. good short term money. some of these pharacueticals are rolling . JMO

If You
 

I went to my local EDWARD JONES investment consultant with $20,000 I had been given several years ago. He helped me set up a diversified portfolio. From then on I put 5-10% of my earnings into a 401 and then transferred to an IRA at Edward Jones when the company I worked for for 15 years went broke. I also put any extra money that came my way into that portfolio. If you do that early enough in your earning career, you may very well have enough to retire on no matter what the economy does.

Re: If You
 

I rolled my money from Great West to Edward Jones. I really like my agent, but Great West did a better job of making me money. But, all in all I've been pleased with 'em. They'll do automatic drafts out of an account every month and it is tax deductible at the end of the year too.
If you're more into saving it and not gambling with it have them invest a good bit of it into bonds.

10K? I had to enroll in a recent class (Financial Peace University) with my wife pertaining to this subject; but have only been to 3 of 13 classes. From what little I do know, the goal is the best compound interest on that money over time...

I am no expert though... which is why I am in the class. It will be interesting to see what everyone has to say around here. It is like picking a race horse. Whatever you do, I hope you pick the right horse my friend.

We are cutting up credit cards & setting up our first "Emergency Only" mutual fund.... so I am a ways away from making a true investment beyond my 401K.

401K comes to mind however; as many employers match a percentage of funds as you probably know. Where I work, they match 50%. So if it were me, I would look at what would be better... 10K extra into 401K, tax free, w/a match, at whatever gain you get on top of that. Would you get that return in a IRA or mutual fund.... what would give you the most on your money? Good Luck!!

LOL!!! I am off to my class tonight at 6:30 to listen to Dave R again... love it!

I second that Double D :!: :!:



Mark

x2 Excellent seminar.

I graduated Financial Peace University in 08 :D
I find it much more useful than my master’s degree in stupidity :roll:

If'in i had $10,000 to do what i wanted to with, I would give it to my wife :!: now that is the best investment i can think of :!: She don't complain about my play'in with car's, she even help's me at the track :!: And even feed's me :!: JMO


Mark

I would open up a titty bar up there by Thompson. I bet all them Amish women would like a part time evening job.

Hey Shawn how's the wheel coming along :?:




Mark

Well, both feet are back under me. Only issue is not healing up properly. Went to the doctor on Monday and he said he wanted me to do some therapy. They were going to call me to set that up. Still have not gotten a call. Figure I would give it this week and if nothing call back.

Well at least you aren't wearing out the TV remote :!: :!: :lol: :lol:




Mark

Would you be the 1st customer? :shock:

LOL!!! you guys are funny... I love that Dave Ramsey class.

I got $10 on a cover charge and a couple singles!!! I can tell you we were up there one time and stopped by a bar. Watched some Amish women go into a bathroom and come out changed. WOW!!! Who knew some of them young ones looked that good underneath the dress!!!

I would let you in for free.. :wink: Hey wacth this tread go now that you said titty bar. :shock: :D

LOL.... no one ever thinks, " Man... this town needs a good whore house!!"

Back to the serious side :) ,
The real investment would be OIL (today QUICK) it's up to $100.00 a barrel today, in the the next 2 weeks it will be $110.00 a barrel or more. 2 week investment 10% profit, the other would be Gold, up 300% in the last 4 yrs. Computers HP will profit big time in 2011, also Apple. I also just learned that Corn, is at $13.00 a bussel, comodities are good right now. I live in a farming community anda few of my relatives are farmers Last yr. theywere millionaires, the way things are going at the end of 2011 they will be multimillionaires. Unfortunately they are not into dragracing, so i don't get any help, just some very nice dinners once in a while. Last Tuesday i had dinner at the local John Deere annuel thanks for your business. That's the first time in my life that isat down with with probably 100 plus millionaires, and they whine their not making any money. Yeh :!: Right, every tractor parked out front for sale was worth about $200,000.00.

I don't have any money to invest, wish i did.

zip.

i would fill my gas tank up ON MY TRUCK :lol: :lol:

BUY G O L D !!!!!!!!!!!!!!!!!!!!!!!!!!!! :D

I think I might start a golf cart business. Buy cheep fix up sell. All from home.

a friend does this and makes damn good money doing it :wink:

I think it would be fun to . Thanks for the info.

I know a guy that rebuilds wheel chairs and hospital beds at home in his million $ house / 3 gar garage. Some are as simple as replacing a wheel and re-sells 'em.
There are many ways to take a small business and make them into a big time money making home business that don't require many people or much overhead.