100k for short term investment....

[Tryn2]

If I had 100k to invest between now and pull out by say may is there a really good way to get a high return on my investment....If there is I could explain my situation. Though by June I am buying a townhouse with the money but that could be set aside as well. I just hate to waste it because I am sitting on it....

 

[hamstershaver]

college football gambling

 

[bran987]

what is a 'high return' to you

 

[Tryn2]

I could use a betting system with a good track record I guess. But Im looking for something a little better. I have bookies who take bets in the high range but that could get a little sketchy..Next

 

[Tryn2]

hrrmm well I guess that would vary, Isnt there like a 10% ROI standard which is considered "good"?? Im not sure trying to make the most I can....I just feel like I have been sitting on this money I could be using it.....It could be small returns yet done a few times...Not sure just looking at my options.....I mean not every one has 100k in cash to do this with so Im thinking I have to be at some type of advantage...I could be wrong..

 

[wnt2bBeast]

If your time horizon is that short and your money has a purpose..you should be looking low risk/no risk..your best bet is gov't bonds

 

[Tryn2]

Maybe I cant have my cake and eat it toooo....

 

[wnt2bBeast]

Maybe I cant have my cake and eat it toooo....

high risks are justified by high returns..thats just the way it works..there is nothing for free in this world lol

 

[Tryn2]

True, very true...anyone else ?

 

[bran987]

with a 6-12 month time frame, you could find a rehab guy who needs hard money loans and do 2 or 3 of those
basically you make loans to people who either can't qualify for conventional financing or who are rehabbing a house a regular bank won't loan on.
you only loan 65% of what the house is worth "fixed up" and if he defaults on the loan the house is yours.
on a $100,000 loan typically you would charge them 4 points ($4,000 when you make the loan), 4 points (another $4k) when they pay the loan back (i.e. when they 'flip' the house) and charge 12-15% interest on the money while it's out.
flippers usually take 3-4 months or so
I would find somebody who does this professionally for a living and partner with them, let them do the work and take part of the profit.
lot of work but high return too and secured by a first lien on the property.

 

[Tryn2]

My friend was introducing me into house flipping just the other day....He bought some new book out on it....

 

[the nature boy]

take the jets with the points.

 

[Tryn2]

My friends used to bet on a system with star rankings. So it be like a 1 to 3 star and they would bet every game accordingly. 1 satr 100 bucks 2 200 and so on. After a year the system was up 7k...Not too bad but for it to work you must bet all games or atleast most of them and stick to the system even if your down for a spot.....keep betting.

 

[gonelifting]

Nothing bro. Even if you get into what Bran suggested, which is probably a good way to make money, it`s STILL a risk that you`re taking. Get the highest CD you can find and be happy you`re buying something.

 

[jerseyart]

Yeah, I do what Bran suggested as well, but your window is too small. If anything goes wrong (and it always does) you wont be able to meet your commitments.

If he's making his payments, it could take years to forclose. And unless you are adept at measuring value, you could just as easily be stuck with an investment which isnt worth what he paid for it, and you eating the loss.

Put it in some tyhpe of bond investment with a short maturity. The extra few grand wont mean a thing if you get sued for not closing on your own place

 

[gonelifting]

Don`t buy ANY bonds that don`t have an EXACT maturity date. I know that`s what Jersey said but I thought I would explain it just in case you did`nt know. Bonds go up AND down in value, they are not No risk investments. Even if you get a bond that matures in 6 months, it won`t be that high f a yeild and it can also still be risky.

DC damnit!

or all on Red.

 

[jerseyart]

GL

LOL

Just read your signature.

Dude, I tolds you. I'd have let you hang out with me, except my friends arent as tolerant of gay people and would likely kick your ass.

I just dont want to see you get hurt

 

[wnt2bBeast]

Don`t buy ANY bonds that don`t have an EXACT maturity date. I know that`s what Jersey said but I thought I would explain it just in case you did`nt know. Bonds go up AND down in value, they are not No risk investments. Even if you get a bond that matures in 6 months, it won`t be that high f a yeild and it can also still be risky.

DC damnit!

or all on Red.

huh? bond prices and their yields have an inverse relationship..te price of a bond is the current value of its stream of payments..buying a bond at X price gurantess you that yeild until maturity (given that there is not a default)..obviously buying a 30yr bond and only wanting to invest for one year you are making a bet on which way interest will go over that one year and when you decide you want to put your money into the townhouse you may face price risk as well!!!

 

[gonelifting]

I wrote "DC" I meant CD.

A Ginnie Mae fund would be good to have I guess. I think they`re about 5% or so now. That`s not too bad and they don`t fluctuate all that much. GNMA ..... Vanguard is a good choice.

I still say CD though.


want2bbeast I don`t know what you mean by that. You are correct but what are you getting at? That`s what I told him in my post. There IS risk, he`s buying a house with the money. Any bond has risk. CD does`nt.

 

[wnt2bBeast]

I wrote "DC" I meant CD.

A Ginnie Mae fund would be good to have I guess. I think they`re about 5% or so now. That`s not too bad and they don`t fluctuate all that much. GNMA ..... Vanguard is a good choice.

I still say CD though.


want2bbeast I don`t know what you mean by that. You are correct but what are you getting at? That`s what I told him in my post. There IS risk, he`s buying a house with the money. Any bond has risk. CD does`nt.

you said bonds go up and down invalue which is true..but if he buys a govt bond tomorrow @ 98 with a yield of 3% and matures in 1 year or less..where is the risk?

 

[Illuminati]

take the money and put it in an index fund, or in a small cap fund. no point in taking too big a risk since you have a plan for the money.

 

[gonelifting]

^^^^^^^^ don`t do that. = suicide.

 

[Allon]

Keep the money in the bank in a savings account with slight interest (better than nothing) and then buy the house. No worries, no regrets.