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May 5, 2009 4:56 pm

OK

 


You have $10,000 of your own money.  Vegas money!  The wife or husband doesn't know about it.  Let's do some gambling.  Where do you put it?  
 
"Winner...winner...chicken dinner!"
 
Do you put it on Mine that Bird in the Preakness?
Do you put it in an India Tech ETF?  A Latin America Growth Fund?  Asia?
Do you put it on the doller making a comeback?
How about Fannie Mae, Chrysler, AIG, solar, wind?
 
What's your play? 
 
May 5, 2009 5:28 pm

I would buy short term, out of the money puts on 3X Inverse Funds - 'Leverage Gone Wild!'

May 5, 2009 6:00 pm

Ford

May 5, 2009 6:39 pm

I would put it into my business. 

May 5, 2009 7:57 pm

There was an article in one of the Investment magazines that appears in the office saying that the best investment has always been putting $ into private business. Said most millionaires got that way by putting money into their business.
So, I guess I would invest in HAAIC's business, too.


May 5, 2009 10:47 pm

And yet, most "financial advisors" perpetrate the myth that the way to financial success is through marketable securities. 

 
I'd take the cash and invest in my business, or fund my poker bankroll and move up a few levels. 
May 6, 2009 9:38 am

I'd by 5,000 copies of D2 Mighty Ducks on VHS.


and with the rest of the money I'd buy an island.
May 6, 2009 9:38 am

The business cash infusion is a great idea in the "I'm an adult, I have responsibilities world"  this is your "Vegas" money it is to be invested in something maybe you never would or go with the out of the money puts like Wet Blanket.  It's your own hypotethical money so do with it what you want but I was looking for something more fun.  Not so serious. 

 
I think I'll use mine toward golf lessons and see if I can't make it on the Nationwide Tour. 
May 6, 2009 10:01 am

I always wanted to learn the accordian.  How much does your run of the mill accordian jammer make?  Would it justify the investment?

May 6, 2009 10:08 am

I would outfit my basement with more flat screen tvs all around my bar area, big ones though.. 40" plus..

May 6, 2009 11:10 am

Unless you already have "unlimited" resources, I wouldn't call this "free money".

 
All funds coming into a family economic unit need to be put to the best maximum use.
 
 
 
 
 
I vote for more permanent life insurance! 
May 6, 2009 11:34 am
Ominous:

Unless you already have "unlimited" resources, I wouldn't call this "free money".

 
All funds coming into a family economic unit need to be put to the best maximum use.
 
 
 
 
 
I vote for more permanent life insurance! 
 
Ominous my brother, you need to lighten up.  This little thread was meant to be fun.  Everyone comes in talking about putting in to my business or life insurance.  Most if not all of us have a little extra cash we keep on the side to do fun things. I keep $100 that I use to bet with with my friends on the course, we keep the games fun and cheap. 
 
You guys missed the point of the thread.  It has been a rough haul this past 18 months and it seems we have all lost our humor. 
 
I guess I should have said, "if you had 10,000 EXTRA dollars that nobody knew about and you DID NOT NEED to live on, what would you invest it into?  These are fake dollars not real, your family won't go on food stamps, it is not to be put into your business, with your excellent experienced investing minds what would you do?
May 6, 2009 12:04 pm

We definitely need more threads like this to lighten the mood! How about putting it on the Patriots to win the Super Bowl ?

May 6, 2009 6:11 pm

Put it on the Jets - you'll get better odds, the old risk/eward ratio

May 6, 2009 7:05 pm

Jets won't even be .500 this year. If you want better odds go with Falcons or Packers or Bears

May 6, 2009 8:01 pm

I'd put it on the Don't Pass line at Borgata. I'm not much for wrong way betting, but you've gotta go with the odds.

May 6, 2009 10:32 pm

bourbon and hookers....

May 6, 2009 11:05 pm
iceco1d:
Squash1:

I would outfit my basement with more flat screen tvs all around my bar area, big ones though.. 40" plus..

 
40" isn't a big tv....
 
To the Accordian question...there was one @ a family reunion a few years ago that charged $350 for 3 hours. 
 
Speaking of football, anyone see that the Bengals picked up Roy Williams today?  Ocho Cinco, Coles, and Williams + Carson Palmer throwing the ball = pretty scary offense.  Especially if they can find a running back that can average 4.0 yards a carry or better.
 

Thats Roy Williams the washed up Defensive Back not the overrated meathead receiver


May 6, 2009 11:58 pm

I think I might buy $10,000 powerball tickets. 

May 7, 2009 10:07 am

I'd make it rain, Pac-Man style.