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 Message Boards » » You could be a millionaire!!!! Page [1]  
bond
Veteran
101 Posts
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Million Dollar Question: If you had twenty grand to spend in two months what would you do! Would you spend it like there was no tomorrow, or would you invest it for the long run, and if so..how!

10/10/2006 1:37:25 AM

winn123
All American
1160 Posts
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why is this in study hall?

invest it in an IRA

10/10/2006 1:41:47 AM

joepeshi
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8094 Posts
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10/10/2006 1:54:53 AM

Perlith
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7620 Posts
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I'm guessing this is for an intro economics class, in which case, it's a trick question. Relates to present/future wealth/etc. stuff I barely remember and somebody else should explain.

And um, if this is a real life thing happening, invest that nonsense. $20k over 50 years at 8% gives you roughly 1 million.

10/10/2006 10:02:53 AM

The Dude
All American
6502 Posts
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I'd do 2 chicks at the same time man

10/10/2006 11:31:04 AM

wolfpack0122
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3129 Posts
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wait, you have 20 grand that you have to spend in two months. doesn't that kinda rule out long term investing?

10/10/2006 2:46:16 PM

RattlerRyan
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8660 Posts
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ibtl

10/10/2006 3:06:38 PM

Rockster
All American
1597 Posts
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Always bet on black.

10/10/2006 11:10:01 PM

qntmfred
retired
40726 Posts
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why's it gotta be black?

10/11/2006 9:16:24 AM

pwrstrkdf250
Suspended
60006 Posts
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buy land

10/11/2006 10:22:53 AM

ddlakhan
All American
990 Posts
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yea but what good is one million at 70+ years old?

10/11/2006 12:00:47 PM

1
All American
2599 Posts
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Ask Hef.

10/11/2006 4:55:34 PM

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