This is a discussion on How do you spend your money? within the General Discussion forums, part of the Non Wrestling Forums category; Bills, food, clothes/ toys/other stuff for the little squirt, dogs stuff, and the $2.30 I have left, I splurge!...
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invest in overseas markets hoping they fare better than my own countries.
with what little money i have leftover.
i would withdrawal that as quickily as freaking possible.
let me explain. the obama administration realizes how worthless the dollar is right now in comparison to other currencies. they're going to fix that. now what's going to happen is your overseas markets will probably yield you some return, however it's going to be in the euro, or some other system. So when you cash out on your investments it's going to be converted from the euro back to the dollar, and with the change in the dollar's worth, you have no gain. likely even a loss. if you want to invest, i'd recommend an etf; energy isn't a bad idea. if i had to recommend one, it'd probably be pbw. if you want to invest in a specific company, sunpower (spwra) and fslr are my two recommendations. be careful though, this new boom is going to cause a lot of crappy companies to look like hot growth picks when they're actually just duds.
I spend my money on girls, booze and toys. And I spend it far too quickly.
i would withdrawal that as quickily as freaking possible.
let me explain. the obama administration realizes how worthless the dollar is right now in comparison to other currencies. they're going to fix that. now what's going to happen is your overseas markets will probably yield you some return, however it's going to be in the euro, or some other system. So when you cash out on your investments it's going to be converted from the euro back to the dollar, and with the change in the dollar's worth, you have no gain. likely even a loss. if you want to invest, i'd recommend an etf; energy isn't a bad idea. if i had to recommend one, it'd probably be pbw. if you want to invest in a specific company, sunpower (spwra) and fslr are my two recommendations. be careful though, this new boom is going to cause a lot of crappy companies to look like hot growth picks when they're actually just duds.
I spend my money on girls, booze and toys. And I spend it far too quickly.
even super long term? I don't plan on touching this money til I'm near retirement...
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wait are you saying Magic Johnson is black, has AIDS and has it better than ME?
There are thousands to tell you it cannot be done,
There are thousands to prophesy failure;
There are thousands to point out to you one by one,
The dangers that wait to assail you.
But just buckle it in with a bit of a grin,
Just take off your coat and go to it;
Just start to sing as you tackle the thing
That "couldn’t be done," and you’ll do it.
super long term it may work out. are you doing emerging markets or like a euro-asia investment strategy?
Emerging markets afaik.
It's mostly done through my friends dad who's a broker of some sort. I don't really know the full details, but he kept telling me it was an investment I'd love when I was 40-50 years old, and it's only putting in like $100 or so a month so idk. Basically money I'd be wasting anyway.
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wait are you saying Magic Johnson is black, has AIDS and has it better than ME?
I spend it on my car payment, owe like 6k on that i could just pay off but am to lazy, car insurance and my credit card which is usually just stupid shit i buy online when im drunk. Other than that the rest goes to gambling and poker, which is sick how much time i spend playing both, food at work cuz i never bring lunch and eat out every day, and who could forget BOOZE>
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