How do you invest your money?

[DRE]

on strippas.

 

[dtmcl]

I buy and sell websites/forums with the money I make from AD's on my forums.

 

[Luke F]

Getting 2.8% on a web-only savings account with unlimited transfers/deposits. It's not offered to new customers any more though (about 1.5% now)

 

[DBA]

Getting 2.8% on a web-only savings account with unlimited transfers/deposits. It's not offered to new customers any more though (about 1.5% now)

When I'd first opened my ING Direct and HSBC Online accounts I was getting a ~5% return, it's now under 1%.

My investment has now become my house.

 

[Aarmin]

I have 1 paid off rental house, but the A/C went out during the summer months and I went ahead and replaced it along with the old furnace, and new roof... that cost me money so now I'm back to square one

I have an IRA and just started a company 401k. If I'm still working for this company 4 years from now they will match $0.50 on the dollar (unless they can that).

I occasionally buy broken down cars via craigslist and fix them up, drive them for a month or more, and re-sale them for profit. I can only legally limit this to 5 a year since I don't have a dealer license and do not wish to obtain one. More of a strange hobby than investment, but I did sell a Ford Contour for $2,900 a couple months ago that I purchased for $800 and put about $280 in parts into it (timing belt broke, and needed brake work).

 

[Blue]

I invest mine under my mattress.

 

[Andy.N]

When I'd first opened my ING Direct and HSBC Online accounts I was getting a ~5% return, it's now under 1%.

Exactly. I used to have the same one. I use to open couple of online only accounts and shuffle money around. I have exactly the two account you have but the interest rate and the hassle doing it is not worth my time anymore.

 

[Andy.N]

I have 1 paid off rental house, but the A/C went out during the summer months and I went ahead and replaced it along with the old furnace, and new roof... that cost me money so now I'm back to square one

I have an IRA and just started a company 401k. If I'm still working for this company 4 years from now they will match $0.50 on the dollar (unless they can that).

I occasionally buy broken down cars via craigslist and fix them up, drive them for a month or more, and re-sale them for profit. I can only legally limit this to 5 a year since I don't have a dealer license and do not wish to obtain one. More of a strange hobby than investment, but I did sell a Ford Contour for $2,900 a couple months ago that I purchased for $800 and put about $280 in parts into it (timing belt broke, and needed brake work).

You didn't account for your time spent on buying, fixing, selling. Time is the most precious commodity.

 

[Aarmin]

You didn't account for your time spent on buying, fixing, selling. Time is the most precious commodity.

The cars? Well, I do keep an Excel document on the exact amount of money I have spent including parts, but you are right that I don't keep track of the time involved. Heck, I think the hassle of selling almost doesn't make it worth it in the first place... then I take a risk each time someone test drives, because legally its my insurance that is involved.

But honestly, I'm clueless about investing.

 

[Sage Knight]

I invest mine under my mattress.

Must be a really cozy investment

 

[Digital Doctor]

I invest mine under my mattress.

Hope it's not US dollars.

 

[Digital Doctor]

Financial planning:

 

[BlackJacket]

Into software companies that go bankrupt...

 

[Aarmin]

Hope it's not US dollars.

Maybe its in the Euro?