Mr T. Question : If i were to give you 5 k today to invest for me. What would you do? I have absolutely no knowledge how or were to invest. I'm just curious what you'd invest in. Oh I'm looking for fast cash
That's a great question - and because of rules/regulations around advising people I have to clarify this statement by saying I AM NOT A FINANCIAL ADVISOR, this is just for entertainment purposes . . . then I would need to know a bit more info: 1) What is your time horizon when you say you need "fast cash"? 1 month? 1 year? 5 years? 2) Is this money that you will be ok not seeing for X amount of time or is it something you may need to pull from in an emergency?
First I know your not an adviser I'm asking to get an idea what maybe possible and doing it the right way legally. When I say fast I mean in 2 years time 3 at most. I have 5k and I know the stock market is a risk and I wouldn't risk it if I couldn't afford to loose it. My thinking is I want to see what I could make from 5k in the 2 to 3 year timeline. Before risking a larger chunk of money. All I'm looking for is what is possible.
