My best friend has $10,000 to invest and she wants to open up a business selling shoes for people with wide feet that are greater than the sizes that are usually available in stores (one of her friends has this as a great need) or an online store that sells adult toys.
Are any of these worthy endeavors for me and her to pursue? If not, what is the best way to make money with a $10,000 investment?
posted by antgly
on May 16, 2013 -
21 answers
Is investing half my income into silver a pretty good way to go for my future?
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posted by JJkiss
on Apr 3, 2013 -
63 answers
Can you recommend a financial planner in DC? Also. Um. How does that work? Newlywed financial noob questions inside.
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posted by fontophilic
on Dec 26, 2012 -
6 answers
I have a growing chunk of money in my checking account. I've paid off my student loans and don't have credit card debt. What's the most responsible way to manage this money? Does a potential major move affect the analysis?
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posted by anonymous
on Nov 2, 2012 -
17 answers
I'm about to come into a large sum of money (in the $300-$500k range). I've never had a large sum of money. Looking for advice on what to do next.
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posted by anonymous
on Jul 30, 2012 -
32 answers
My wife and I are buying a house in Austin, Texas ( Steiner Ranch ). We are trying to figure out how we want to finance it. We have the means to pay for the house with cash. We are being offered a mortgage at 3.6%. The cost of the house would represent about 50% of our net worth. The other 50% is fairly liquid, with an even spread between 401k, index funds, 529's, and cash. Should we do it?
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posted by jasondigitized
on Jul 11, 2012 -
25 answers
How do one handle buying property jointly before getting marrried? (One partner has assets and the other one has income)
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posted by anonymous
on Jul 5, 2012 -
12 answers
I would like to buy things that have a money value based on their actual utility. For example, I think gold is something that is overvalued since the shiny, soft metal doesn't have so many practical uses to justify its value. The second criteria is that the value of the thing would not go down much over a span of about 30 years, even if the economy went in the tank. Thirdly, I've a preference for commodity-like items that can be sold without much work.
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posted by ErikH2000
on May 11, 2012 -
40 answers
Looking for forums where I can get investment advice. Can you recommend a few active ones?
Also, how would you invest $1000/ month if you knew you were likely to pull out most of the money in approximately 4 years to pay a down payment for say a house? Banks probably give around 2%-3% max. So I imagine the goal here is to get more than 2.5% return. Please don't recommend the type of financial instrument such as mutual funds or index funds. I am looking for something more specific. Like a fund name etc
posted by r2d2
on Apr 30, 2012 -
15 answers
MoneyFilter: A small windfall arrives in the pocket of a poor UK student. What should he do with it?
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posted by fearnothing
on Feb 25, 2012 -
11 answers
I have an interview next Tuesday with a investment firm. The position is Executive Assistant to the CEO. When they ask me where I see myself in 5 years, what do I say?
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posted by anonymous
on Feb 10, 2012 -
21 answers
I got a large bonus this year
which will probably never be repeated. After taxes, it was 26K. I don't have any immediate needs (no medical issues, etc), and I know next to nothing about investing. Given this economy, what should I do with it? Stocks? Bonds? Saving account? IRA?
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posted by anonymous
on Jan 3, 2012 -
19 answers
I've been challenged to turn £500 GBP into £5000 (or more) within the next six months. I know NOTHING about investing, stock markets or investment markets. Any good resources to start this challenge with? Ideas on best strategies for this sort of speedy growth? Any good books / online communities / articles to read? Do you think it's even possible?
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posted by philsi
on May 6, 2011 -
50 answers
The site that I'm valeting at right now has plenty of foot traffic. Almost every time I'm at work, I get asked if there's an ATM machine around. I tell them that it's a half-mile away, and they just give up. I thought it would be a great opportunity to put up an ATM machine nearby.
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posted by RaDeuX
on Apr 24, 2011 -
14 answers
As part of my upcoming divorce I will be receiving a large sum of money for my portion of the house. What should I do with it?
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posted by anonymous
on Mar 6, 2011 -
14 answers
My wife and I are mid-20s, debt free and aren't sure what to do with our savings (we do not want to purchase real estate yet). How can we find out more about being smart with our money?
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posted by Nelsormensch
on Nov 17, 2010 -
15 answers
Looking for software or an app that will allow me to track expenses via SMS, but that will also allow me to track how much money is left in my account.
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posted by reenum
on Aug 23, 2010 -
3 answers
Financial moron w/kids and no investments needs to think about the future. Help needed, I don't know where to start! (mess described inside).
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posted by Ponderance
on Jul 28, 2010 -
18 answers
What are the best practices for investing for a non profit? Details about this particular situation inside.
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posted by christonabike
on Mar 31, 2010 -
3 answers
If one were to come into 5,000.00 what is the best way to make it grow with very little to no risk?
posted by gypseefire
on Jan 21, 2010 -
16 answers
I rule at saving money, and suck at the alternative. Please help this frugal girl learn to spend her hard-earned cash without experiencing fits of anxiety.
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posted by anonymous
on Dec 2, 2009 -
34 answers
Our deficit and our debt are at record levels, even compared to WWII. Then, the debt was financed internally, not by other countries, so the interest we could pay was lower and the money was recycled in the U.S. Now, the debt and deficit are mostly financed by other countries through bond offerings and the like. And as they grow, those debtor countries will want higher interest rates on repayments, which drains money out of the U.S.
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posted by CollectiveMind
on Oct 5, 2009 -
4 answers
We live in San Diego. We have 140k in cash after an inheritance, a mobile home we can't afford, crappy jobs, and have never had this much money ever. How do we best invest this money?
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posted by veritas
on Sep 11, 2009 -
35 answers
What are the best investment habits for a college student with decent income to get into, in order to maximize yield in 3 years?
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posted by Ricket
on Aug 2, 2009 -
12 answers
I will receive $30k (canadian) as an inheritance. I'd like to invest it to start getting some revenue out of it. I have a few questions.
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posted by anonymous
on May 22, 2009 -
15 answers
I just received an inheritance. I want to figure out how to invest it, but I'm new to investing - and can't make sense out of this economy.
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posted by anonymous
on Feb 11, 2009 -
16 answers
I'm 29, single (assume it's going to remain that way) female, and have spent the last few years saving an amount that's getting close to about $30k, which I presently have in my bank's equivalent of a your average ING Saver account, figuring by now I'd've figured out what I could/was willing to do with it, towards securing some kind of financial future that doesn't involve a cardboard box. I haven't, largely I suppose because I don't know what I need to be aiming for. Looking for advice. More inside.
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posted by springbound
on Jan 27, 2009 -
27 answers
Where should I keep my money (to protect it from the US economy)? I'm American and it's in US$, but I don't live there and don't have any good reason to keep it there.
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posted by xanthippe
on Oct 7, 2008 -
10 answers
Anybody have experience in investing in virtual world banks/businesses/markets (such as those in SecondLife.com etc)? Do they provide a serious way of making a sensible risk/reward on five or six figure investments?
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posted by vizsla
on Aug 12, 2008 -
22 answers
Is there anyone (especially online) who's collected reasonably well-informed stock picks from, say, 2, 5, or 15 years ago and explained why the recommendations did or did not work out?
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posted by ibmcginty
on Jul 21, 2008 -
5 answers
What is the best way to invest $10-15,000 if you don't want to tie the money up for longer than, say, a year?
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posted by anonymous
on Jun 12, 2008 -
10 answers
Please to give ideas on depressed stocks/funds/securities to put some money into during the downturn.
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posted by SlyBevel
on May 12, 2008 -
14 answers
Some friends and I are looking at starting a business, and we need some up-front capital. About $100k. What's the best way to try and get this?
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posted by frijole
on Apr 2, 2008 -
10 answers
I am permanently moving from the US to Europe in about a month. I have about $50K in savings in HSBC high (and ever-falling) interest account. I am at a loss as to what to do with this money. Money-savvy Mefites, please come to the rescue.
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posted by barrakuda
on Feb 15, 2008 -
18 answers
I am trying to figure out what to do with some money and I have often seen useful suggestions on MeFi, so I thought I'd ask.
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posted by bernsno
on Oct 30, 2007 -
21 answers
How much money would I need to live in the U.S. without having to work for the rest of my life?
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posted by dcrocha
on Oct 8, 2007 -
48 answers
