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Investing $5000

hinz

New member
Nov 27, 2006
5,672
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0
What would you put it in? I had thought silver but................I'd like a little quicker turn around.
Would you like to help me cashing in my silver position? :p

Just kidding.

Seriously, I would invest in XSB in RRSP or TFSA. Too hard to put the money at risk right now.

If you incline to punt or in your words a little quicker turn around, maybe MFC below $12 is your candidate.
 

gcostanza

Well-known member
Jul 24, 2010
7,818
527
113
If you want a quick return, of about ~55%, you could wager on the New York Yankees tonight to defeat the Detroit Tigers, or, if you think the Yankees will win by 2 or more, your return would be 110% .

All figures based on odds from bet365.com .

http://www.bet365.com/home/default.asp?lng=1&tid=1
 

gcostanza

Well-known member
Jul 24, 2010
7,818
527
113
Remember, all investments carry some degree of risk. :D

Tigers lead the Yankees 2-0 in the 7th.
 

gcostanza

Well-known member
Jul 24, 2010
7,818
527
113
Hey George !!! Yankees lose !!! there goes all my money !!!! Next time George, stick with the OPPOSITE !!!!!
My name is George, I'm unemployed, and I live with my parents. :D
 

wazup

Well-known member
Jun 12, 2010
4,280
581
113
Depending on your risk appetite, DRV or FAZ.
 

chateau

Member
Jul 29, 2007
116
0
16
I also had around 5000 to invest, what I did was buy a website. There are little tricks you can do to increase traffic to your website. You can sit on it for a few years and sell and in the meantime collect monthly cheques from the ads. In a few years it will be worth a lot more than that original 5000. Its very low risk high reward.
 

Cinema Face

New member
Mar 1, 2003
3,636
2
0
The Middle Kingdom
A good quality real estate fund maybe.

If you're a little more speculative, by Google stock.

Sun life will be a good buying opportunity soon but I don't think it's hit bottom yet. It also pays a great dividend.
 

EJ543

New member
Sep 16, 2010
49
0
0
add another 0 or two before you invest in anything, not enough funds to do anything serious, you know the saying "the rich get richer", and the poor usually gets poorer"
 

oil&gas

Well-known member
Apr 16, 2002
12,221
1,618
113
Ghawar
add another 0 or two before you invest in anything, not enough funds to do anything serious, you know the saying "the rich get richer", and the poor usually gets poorer"
One can certainly do something serious with as little as $5000.
For me 5k is enough for trading of 2--3 penny stocks in the price
range of $0.1--$0.5. Appreciation by one order of magnitude in a
short time frame isn't unheard of. Had I put $5000 into the stocks
of Rare Element Resources at its IPO a few years ago I would have
been richer by half a million when its stock price nearly hit $10 a
couple of days ago.

I am not suggesting penny stocks trading as a way to get richer.
In most cases investors actually get poorer. Trade penny stocks if
you want to kiss your hard-earned $5000 good bye. But if you
happen to have come up with an idea about how people might
get rich in a certain venture in the near future a litte of your
spare money could be a risk worth taking.
 

EJ543

New member
Sep 16, 2010
49
0
0
One can certainly do something serious with as little as $5000.
For me 5k is enough for trading of 2--3 penny stocks in the price
range of $0.1--$0.5. Appreciation by one order of magnitude in a
short time frame isn't unheard of. Had I put $5000 into the stocks
of Rare Element Resources at its IPO a few years ago I would have
been richer by half a million when its stock price nearly hit $10 a
couple of days ago.

I am not suggesting penny stocks trading as a way to get richer.
In most cases investors actually get poorer. Trade penny stocks if
you want to kiss your hard-earned $5000 good bye. But if you
happen to have come up with an idea about how people might
get rich in a certain venture in the near future a litte of your
spare money could be a risk worth taking.
How about the lottery, only a small investment and you could get rich. I stress could. LOL
 

oil&gas

Well-known member
Apr 16, 2002
12,221
1,618
113
Ghawar
Anyone who has such wisdom as to liken the search for a
winner among the stocks of emerging business to winning
the lottery may as well stick to gambling as the only means
to get rich. To make money in the stock market minimal
intelligence is required.

On second thought anyone who thinks the probability of
picking on a get-rich stock among the stocks comprising
the TSX-Venture index is comparable to hitting the winning
lottery number won't likely do well in the casino either.
 

EJ543

New member
Sep 16, 2010
49
0
0
Anyone who has such wisdom as to liken the search for a
winner among the stocks of emerging business to winning
the lottery may as well stick to gambling as the only means
to get rich. To make money in the stock market a minimal level
of intelligence is required.

On second thought anyone who thinks the probability of
picking on a get-rich stock among the stocks comprising
the TSX-Venture index is comparable to hitting the winning
lottery number won't likely do well in the casino either.
Hey lighten up, just want to warn any newbies that with only 5000.00 they shouldn't take any unnecessary risks unless they can afford to lose the 5000.00; but if you only have 5000 to invest in the first place, I don't think he can afford to lose it. IMHO.
 

whitewaterguy

Well-known member
Aug 30, 2005
3,190
21
48
i have done really well with v.axi and am sinking another $10,000.00 in soon..Two Chinese steel giants are putting in a couple of billion each and if you do your DD you will likely be convinced that this one has the potential top go to $3.00 -$4.00 in a short period, (currently at .45)..on a safer bet. RBF468...Royal precious metals mutual fund has sky rocketed in 8 months. I sank $20,000 into this 8 months ago and it is worth $32,000 at the moment.

i have done way better on the Venture than at the Casino, but then i spend about 6-8 hours per day on-line reading up and researching..and will spend weeks going over one company before buying in...V.AXI....check it out!
 
Ashley Madison
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