Ringwraiths13


I did not pull this money out of the market. I don’t have a 401K or any other investments (except 2 houses, 1 rented). This is “extra” cash that I have saved over the last 5 months. I’m 43 – All the bills are paid…..
By Mid December, I will have about $15,000 cash to invest (Sales have been very good recently). Where would you invest that amount of money?

5 Responses to “If you had $5,000.00 cash right now, where would you invest it for the long term? Gold? Stocks? Bonds?”

1. toni l on May 2nd, 2009 10:21 pm

   Money Market account or an Ingdirect account…..high yeild interest and safe.

2. TY A on May 5th, 2009 8:07 am

   T-notes are a pretty safe bet right now even with the market because its federally insured not a great return but least there is one. 401K is a bad idea because noone really knows what kind of spirals the market will continue to make in the coming months. If you do want to own some stock that might actually gain momentum in the coming months look into companies that are into Ethanol in it should have steady gains for the next 7 months in my opinion before it becomes obsolete due to manufactures increasing MPG on upcoming vehicles.

3. Paul S on May 8th, 2009 1:36 pm

   A 6 month CD. or in your mattress.

4. JOHN C on May 10th, 2009 4:24 pm

   At this second (10/15/2008) Invest in the stock market. It is extraordinarily low and it has to go up to a tremendous degree.

   If you disagree and think that stocks will be lower than this in 10 years then you should invest in bottled water, dry oatmeal and a gun because we’re in big trouble.

5. roadster9879 on May 12th, 2009 2:59 pm

   Gas, Guns, Bullets, and Bibles…. I am from the south.

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