What to do with $35K?
- Thread starter Romestar
- Start date
Negative on the "buy precious metals" advice, not at their current valuations, leastwise not gold. In fact, invest that 35k in a leveraged bear ETF betting against gold.
Don't forget to thank/tip me 2 months later.
Don't forget to thank/tip me 2 months later.
$35K is about chipping away at the amount I spend per year on Patron and Kryppie buds. Maybe a few trips to Amsterdam and Ibiza thrown in but in all honesty, $35K is chump change.
A good job as a C++ programmer or database adminstrator in NYC will nail you $150K per year.
A good job as a C++ programmer or database adminstrator in NYC will nail you $150K per year.
If you wanna be a conservative biatch just throw that in a CD and make some (fairly) worry-free money.
long term put options on gold and oil.
or
Buy a house in Alabama or somewhere like that, collect the $700 rent (after property manager) every month forever. The cash flow will last a lot longer than the $35K. Then you can blow it every month and still have more coming. Otherwise you will blow the $35K faster than you ever though possible.
or
Buy a house in Alabama or somewhere like that, collect the $700 rent (after property manager) every month forever. The cash flow will last a lot longer than the $35K. Then you can blow it every month and still have more coming. Otherwise you will blow the $35K faster than you ever though possible.
I personally agree with this, but have no strong evidence.
I think too many things are up in the air right now to invest in anything. It's a coin flip market as we speak, IMHO
Buy amazon stock.
Theyve been making decision after decision the last few months that will position them head shoulders an nutz above any other major company out there.
Theyve been making decision after decision the last few months that will position them head shoulders an nutz above any other major company out there.
If you drive through the bad parts of Baltimore city you'll see some houses being sold for ~$2k.