Short term Investments
 

I just got my hands on $6 g's and im looking to make some fast
cash with it.

I got the money from my credit card company, its suppose to be for transfer balance, and its 0% for a year. So I figure I should try to make some cash with it before I pay off my other high interest rate bills with it.

So does anyone have any suggestions?

I know to most of you 6 g's is chump change but im only 26 and I am going to be debt free in less then a year, then its time to start banking money.

Any suggestions would be greatly appreciated...

You could PM me too if you dont want your suggestion "public"

thanks in advance...

If your high rate credit card is charging you 20 - 25% you will not be able to find an investment promising that type of return with no risk. Unless you are willing to take a very high degree of risk you will do better paying off the high rate credit card.

Another alternative would be calling Martha Stuart for a good tip.:D

I have a great deal for you.

Do you want to make 20%/year tax free and have 0 risk?

Pay off your high interest credit cards. Guarentee 20% return and 0 risk. How much more do you want?

How far are you from Atlantic City??:D :D :D :D

hey cobra marty what kind of deal is this?

I was thinking baout maybe buying a car at an auction..

Ac haha yeah I wish....

Pay off your debt before you piss it away and wish you had.

I agree, pay off any high interest debts you have, it is a safe, fast guarenteed way to earn 15 plus percent.

a good friend of mine father runs a fairly large brokerage firm in NYC. They do mainly corperate investing but also handle accounts for a few individuals (must be a very sizable account). I posed hom eth same question about two or three years ago when teh markets was going nuts. And even in those properoous time his answer to how can i make some quick cash, "buy lottery tickets, making risky investments in the markets is just about as stupid" he then proceeded to lecture me how "the stock market isn;t played" its studied and when teh tiem is right and you do all your research you strike. You never make a "killing" but you place several investments over a few years and they add up and you always keep your money growing. He is a firm believer in longterm investments and solid investments. That being said most of his clients have weather the market slump pretty well.

If your interested thereis one company i know of and have been looking at for a while. Its a hit or miss. Either it will pay off or it will tank. Guesss who recommended it??? and yes he said i is gamble but they seem to have solid financials but they are just ina risky business. If anyone wants details e-mail me.

Don't invest the money! Pay off your loans first. Paying off your high interest debt is the best investment you can make with the money period!

Maybe a waterfront lot in cape coral?? I just bought one, I'm hoping to double in 9 months or least 50% in 6. Search the web for villa realty in cape coral and check out their freshwater listings.