Location: Bay Area
Income: None unless I can play poker
Risk Tolerance: Very high
Debt: 0

Hi, I am a student living at home with one more year till I graduate with a degree in Econ. I have about 30k sitting in my bank account after withdrawing all my money from PStars and looking to invest about 15-20k in anything with very high potential growth rate. The money isn't super important to me right now and I decided that I want to invest something with very high returns. I am young and the money probably won't be a huge deal if things do not go well. Would investing in things in China or India be good since their economies are booming? Looking for anything with very high returns and high risk. I have a lot of time and wouldn't mind not seeing the money for a while or at least until I buy a home. Any input would be great and appreciated. Thanks.

Location: London
Age: 24
Income: £25,000
Amount to invest: £2,000 + an extra £300 each month
Time length: Probably 5-10 years until I buy a house
Risk Tolerance: Medium - High
Debt: £20,000 student loan that is automatically removed from my paycheck

I save £300 a month from my paycheck and have £2000 saved so far. Currently it's earning 3.3% in an ISA but the return is measly and I'm prepared to take more risk for a return. I get 10% of my salary contributed into a pension scheme from my employer.

I have £5000 saved in cash as an emergency fund so no real need to remove the money in the near future

Have about 100k in United States
Income: Unknown due to black friday
Risk Tolerance: Med- High
Debt: zero

Want some ideas how to start putting this money in play instead of sitting around

Country: USA
Income: Only income is from current investments. I might be starting an internship soon, but that will only last until I go back to school in the Fall.
Risk Tolerance: Very high.
Timeframe for Investment: Unknown, probably at least 5 years. I'm a frugal spender, and building wealth turns me on. So I'm not really looking to just cash out everything one day and go wild.
Debt: None.

OK here's my current standing: I went to a financial advisor in early 2009, and as a result have a little over $75K spread out in these mutual funds (American Funds):

• Capital Income Builder
• Capital World Growth and Income Fund
• New World Fund
• Europacific Growth Fund
• The Growth Fund of America

I'm more educated now and realize that getting loaded mutual funds was a mistake. However, those are sunk costs. I'm fine with just leaving this money where it is.

However, I have $40K more in the bank (and $8K in Full Tilt that I'm hoping to get paid back soon), making my total net worth a little over $130K. I'm looking to keep at least $5K liquid. I'm living at home/living at school, which my parents are paying for, so I practically 0 expenses. I'm thinking about just dumping it in an index fund, but I'd been willing to take on more risk if I can get higher EV somewhere else. Where should I look?

LEASE INCLUDE:

* Country you live in: Spain
* Income: Student, I win some money playing poker
* Risk Tolerance : Moderate to High
* Timeframe for investment: 1-3 years
* Debt :0

I have about 8kEur/12k$ to invest.As long as I keep winning $ playing poker, I will add more money.I touhgt of investing in gold,silver, renowable energies but i do not know how to start. Can someone guide me?

.

I'm basically in the same situation! Looking to invest 2-3k at first then looking at £ 3-500 investment each month.

Looking at doing this until I have about 10-15k

US resident. Have about $40k for live poker bankroll + money I'm saving to pay taxes next year. What should I do with it that would provide easy access if I go busto with my cash on hand? Seems like this much cash should be sitting somewhere other than a savings account.

Online savings accounts are running 1-1.1% right now...personally I keep liquid funds in a high yield "Rewards Checking" account at a local credit union for 4.25% up to $25k balance

U.S.A.
Very little post-BF maybe 250-300 to invest
moderate risk willing to take a plunge
Investment for the future
None
Just a Finance major looking to get started investing... would love to get started buying stocks on a online trading site.

From what I've heard most (if not all) online trading sites charge you per trade. If you want to start buying stockS and get hit with a $10 charge per trade that mean you are getting hit for $20 per stock (10 to buy and 10 to sell). If you buy only 3 stocks that means you will pay $60 in trade fees and your $300 goes to $240. Now your account will be down 20% after buying and selling 3 stocks.

Burdman2321,

Index funds are your best bet

He doesn't have enough to do that even yet (1000 is the smallest initial investment you can make into STAR vanguard fund for example).

Best bet is too study until you get into the 1k+ ranges. Although, Etrade and TDameritrade are offering 60 days free trading on new accounts. IF YOU MUST start now and are going with one of those promotions, make sure your small initial investment qualifies and then you can start speculating in penny stocks I guess.

Practice with a virtual portfolio and read all the books you can. I like Intelligent Investor by Benjamin Graham and Boglehead's guide to investing.

Dwld that actually... I appreciate all the help guys... what I'm heaering is anything below 1k should be put into Index funds?.. Cus i'm strapped for $$$ atm.

EDIT: Nvm still not enough cash for that.. I know Etrades and those type of sites have free trials but what if I wanted to just make Long term investments into stocks any cheap way to do that lol?

If you're strapped for cash, then you might want to keep it in a more liquid place than an index fund. With such a small amount, commission fees might eat up a decent chuck of your EV if you have to withdraw in a few months, which may make the risk not worth it.

Yea that's the feeling I was getting... Any ideas I'm a pretty big fish when it comes to investing just started school for it.

I'm a newb too, but with such a small amount that you need to keep available, you might just want to keep it in like a money market account (basically same thing as savings account, only usually slightly better interest). You'll earn a pretty pathetic return, but it's better than nothing.

Also, I edited that post a bit before you quoted, so be sure to re-check it. It really just depends on how liquid you need to keep it.

online savings accts ~ 1%

If you are "strapped for cash" you are living either above or right at your "means". You need to live below your means.

When they say "pay yourself first" it means you take a portion of your pay and you actually save it or invest it. Pay yourself first. Don't spend everything you make. Over time, this turns into a sizeable amount of money. With investing and compounding, this can turn into incredible amounts of money, dependent on your savings rate and your spending habits.

Once you have some money to work with, investment opportunities seem to arise everywhere because now you actually HAVE money to make your move. I'm constantly looking for a "good investment" because now I have money to play with. Years ago when I spent everything I made, I was perpetually broke. I was always strapped for cash, just like you.

If you are truly strapped for cash, I wouldn't recommend investing. I'd recommend taking care of your debts first. Put yourself into position to save money, THEN worry about growing it.

So look into opening a savings-type acct with the best interest rate i can find?

I was planning on doing that but just didn't know if I could get started in the stock game yet

So if money market accounts are the best place to start with such a low amount where would be the best place to start one... looking around but didn't know if anyone here has recommended places?

I am actually in the very same spot as you are. Except that I may have a little more cash (Around 1.5k EUR) atm, but I am looking for a liquid place to store the money while I decide what to do with it.

So far here are the choices I have come up with:

1. Savings account (Some accounts can yield as high as 3 %. Have not researched it properly, but so far it looks good)

2. Short term fixed term account. i.e. You freeze your money for a month, which generally gives you slightly better interest that a standard savings account.

3. Loans. There is a website on the internet where you can give loans out, but I have not yet evaluated it as an option. (And I don't recall the exact address atm, since I am at work) Did anyone try this out?

Anyone got any other suggestions?

Save 10% of what you make every paycheck. Put it in a savings account short term. When you get the minimum for an investment in a short term bond fund at something like vanguard, you can buy into their funds for free, as long as you meet the minimum investment. You might be able to get a few % there.

do you guys have an emergency fund? debt? those are priority 1 & 2 if you don't have those taken care of don't worry about investing

Do not have any debt, and what do you mean by an emergency fund?
I am still on the young side and I don't yet have a family, so I can afford to take a few risks. Although, I before i go into investing I want to find the best way to store my money and earn the highest possible income on it, while still keeping the money rather liquid in case I decide to invest.

I am already employing the 10% rule of putting 10% of everything I make into a separate account.

http://www.bogleheads.org/wiki/Emergency_fund

emergency funds are so you can survive if something goes wrong (an emergency, such as losing your job, an unexpected, expensive car repair, etc).