"Never work just for money or for power. They won't save your soul or help you sleep at night." - Marian Wright Edelman

logo

Go Back   Saving Advice > Financial Chit Chat > Investing & Banking
I have $1350 to invest I have $1350 to invest

Investing & Banking stocks, bonds, banking interest rates, CDs and all other investment vehicles you want to talk about

Reply
 
LinkBack Thread Tools
  #1 (permalink)  
Old 09-06-2006, 05:13 AM
TomC73 TomC73 is offline
$ Saving Kindergartener
  
Join Date: Sep 2006
Posts: 3
Points: 297.90
Donate
Thumbs up I have $1350 to invest
My friend just repaid me a loan, so now I have $1350 to spend on anything I want

Any ideas?
Reply With Quote
  #2 (permalink)  
Old 09-06-2006, 05:58 AM
Broken Arrow Broken Arrow is offline
Foot in mouth diseased
  
Join Date: May 2006
Posts: 4,657
Last Blog Entry: CR-48
Points: 25090.40
Donate
Default Re: I have $1350 to invest
Partyyy!!!!

No, just kidding. Generally speaking:

Credit cards if you have a balance.

Savings if you do not have emergency fund.

IRA-like retirement funds.

Highest interest rate debt.

Mutual fund.
Reply With Quote
  #3 (permalink)  
Old 09-06-2006, 06:01 AM
Ima saver's Avatar
Ima saver Ima saver is offline
$ Saving College Dept. Head
  
Join Date: Dec 2005
Location: North Georgia
Posts: 8,056
Last Blog Entry: Graduation day!
Points: 96199.40
Donate
Default Re: I have $1350 to invest
All great answers! My first choice would be an emergency fund, if you do not have one.
Reply With Quote
  #4 (permalink)  
Old 09-06-2006, 06:16 AM
LuxLiving's Avatar
LuxLiving LuxLiving is offline
$ Saving College Senior
  
Join Date: Jul 2006
Location: MidSouth
Posts: 2,427
Last Blog Entry: Grow Your Own! ...no, not that, THiS...
Points: 20975.90
Donate
Default Re: I have $1350 to invest
I go with Ima. Put it back in an emergency fund. Then with your next income start hitting the CCs and auto loans.
Reply With Quote
  #5 (permalink)  
Old 09-06-2006, 02:47 PM
creditcardfree creditcardfree is offline
$ Saving College Senior
  
Join Date: Aug 2006
Location: Midwest
Posts: 2,053
Last Blog Entry: More Snowflakes
Points: 13741.50
Donate
Default Re: I have $1350 to invest
Who says you should spend it?

Where was the money before you loaned it to the friend?

I agree with the others...do something smart with it.
Reply With Quote
  #6 (permalink)  
Old 09-08-2006, 11:32 PM
Bluezy's Avatar
Bluezy Bluezy is offline
$ Saving College Sophomore
  
Join Date: May 2005
Location: Citizen of the World
Posts: 797
Last Blog Entry: New job and changes.
Points: 9045.90
Donate
Default Re: I have $1350 to invest
Be glad you have a responsible friend that paid back a loan...and just keep your monies in an online savings until you find a good investment of choice. Never rush.
Reply With Quote
  #7 (permalink)  
Old 09-09-2006, 04:28 PM
krayziebone33 krayziebone33 is offline
$ Saving HS Junior
  
Join Date: Aug 2006
Posts: 210
Points: 1704.10
Donate
Default Re: I have $1350 to invest
Without going into an elaborate essay . . . save it if you have no debt; payoff debt if you do.
Reply With Quote
  #8 (permalink)  
Old 09-12-2006, 02:10 PM
Ima saver's Avatar
Ima saver Ima saver is offline
$ Saving College Dept. Head
  
Join Date: Dec 2005
Location: North Georgia
Posts: 8,056
Last Blog Entry: Graduation day!
Points: 96199.40
Donate
Default Re: I have $1350 to invest
So what are you ging to do?
Reply With Quote
Reply

« Previous Thread | Next Thread »


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Invest Or Pay Mortgage TURTLEDOVE Personal Finance 10 01-19-2007 04:03 PM
When to invest? argo Investing & Banking 19 10-30-2006 06:50 PM
Help me invest my $10K TeenInvestor2688 Investing & Banking 17 05-18-2006 01:25 AM
$100,000, where would you invest? <>< Investing & Banking 41 05-15-2006 05:08 AM
How should I invest $1000 robby Personal Finance 2 11-18-2004 03:12 AM



Powered by vBulletin®
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
SEO by vBSEO 3.0.0 RC6 © 2006, Crawlability, Inc.

Copyright © 2012 SavingAdvice.com. All Rights Reserved.