[Changleen]

OK Finance monkeys.

I just came into a bit of cash which I am fortunate enough to be able to afford to piss up the wall. Seeing as all my bikes /car /general **** are in good working order, and because I

a) don't read or buy into the **** that is the majority of the cycling press or
b) am old enough not to need to constantly upgrade every component of my bikes (most of the time)

I thought I might invest it in something. Also since this is just a whim and I am no mood to wait years for a return, it seems almost perversely sensible to invest in something that might offer a fast immediate payout in return for maybe being somewhat less than guaranteed.

So, whatcha got for me?

 

[reflux]

If Tracinda buys Chrysler, consider buying Chrysler (DCX?) because Tracinda has plans to take it private.

In all seriousness, I gots nuthin'.

 

[BurlyShirley]

Hotcakes seem to have a good reputation.

 

[LordOpie]

Meth is really popular and profitable these days.

 

[SkaredShtles]

What do you consider to be a good return on a yearly basis for this "quick buck"?

 

[stevew]

haliburton.

frame the thank you note from cheney.

 

[luelling]

I thought I might invest it in something. Also since this is just a whim and I am no mood to wait years for a return, it seems almost perversely sensible to invest in something that might offer a fast immediate payout in return for maybe being somewhat less than guaranteed.

So, whatcha got for me?

You really think you'll get good advice here? I invest and control my own money and I saw 17.5 points last year, but it took a lot of research and time to come up with my strategy. If you are looking for immediate output, go gamble and its way less than guaranteed.

If I was you, you need to talk to someone who knows finances (since you obviously don't) and put the money away. Really...what are you going to do with your quick return? Buy a new fork? Maybe a boat? Don't buy anything and invest....be one of the few people that actually has a retirement plan

 

[blue]

Mutual funds...

 

[luelling]

Mutual funds...

f'n eh...do something half way smart

 

[blue]

f'n eh...do something half way smart

Like investing in a 12 year old Volkswagen? I've netted 40 points in the two months I've owned mine!!!

edit: just saying. mutual funds are all right for those with little finance knowledge.

 

[stgil888]

Mutual funds are OK, but you add risk for a financial product with no guaranteed performance and a history of just keeping up with the markets.

Depending on the amount, you may want to buy a product with tax advantages. These products differ depending on your location. As a US citizen, I am not qualified to give advice on New Zealand tax code or investment regulation.

If you don't need to spend the money, you might look into an annuity or insurance product or a bond portfolio.

Do New Zealanders typically buy US securities? If there is no pressing need to purchase US equities or debt, take a look at European and specifically British securities.

None of this should be taken as specific financial advice. You need to do the research yourself and determine what kind of product fits your needs and risk tolerance.

Good luck.

 

[SkaredShtles]

Guys - he wants to make a quick buck.

The only sure way to do that is to short Apple stock.

 

[Silver]

edit: just saying. mutual funds are all right for those with little finance knowledge.

A low cost no load mutual fund (Vanguard's stuff, for example) is also great if you happen to know a little and think that alpha is little more than luck or finding the one needle in the haystack that is onto something...

 

[$tinkle]

can't go wrong w/ seasonal/cyclical stocks/funds: energy, airlines, etc.
above all else, http://www.fool.com/index.htm

 

[jimmydean]

Think about how much this kid made in just 3 years:

Enterprising Child Saves $54 To Buy Barrel Of Oil

 

[DaveW]

OK Finance monkeys.

I just came into a bit of cash which I am fortunate enough to be able to afford to piss up the wall. Seeing as all my bikes /car /general **** are in good working order, and because I

a) don't read or buy into the **** that is the majority of the cycling press or
b) am old enough not to need to constantly upgrade every component of my bikes (most of the time)

I thought I might invest it in something. Also since this is just a whim and I am no mood to wait years for a return, it seems almost perversely sensible to invest in something that might offer a fast immediate payout in return for maybe being somewhat less than guaranteed.

So, whatcha got for me?

Infratil is looking good to me at the moment.
Telecom is going to take a (big) hit soon so leaved them alone.
Windflow Technology Limited is looking interesting (but only as a LONG term venture).
But I haven't been following the market that closely for the last year and a half since I cashed out to buy this house, so my advice can be filed under "unreliable"