What's a good place to put 10K for 10 months?

[AbeSmith 10]

Options can be very difficult to grasp at first. I've been at it for over 2 years and still know there's TONS of stuff i don't know. I love learning though, and will always continue on with options. So...yes, it's difficult at first to grasp. That's why I say to look into an autotrade service. On their website is a list of services you can subscribe to and have ToS autotrade those recommendations for you if you choose. If you're looking for a way to gain 10% in 10 months on 10k...I don't know that the possibilities are limitless, ya know. It'll be tough, but plenty of people out there can do it and do make that. Just a matter of finding them. Talk with ToS and see what they have to say. Cant hurt just talking to them, right?

 

Ok. Thanks. Yeah. Them options seem very complicated.

[AbeSmith 10]

I'll gladly give one to avoid - BIGTRENDS.COM

 

No idea if they are on TOS or not, but they suck.

 

:did I say that?:

 

 

I'll have to write up a review sometime here to hopefully save a few souls from my mistakes.

 

Ok. Thanks Brownsfan. What about Guerilla Trades?

[AbeSmith 10]

Thanks for the info TG, I was wondering if you could provide a list or even one newsletter or service, including the fees, that you have positive experience. The difficulty for the OP would certainly be choosing the right one and factor in the fees. For example, a newsletter could charge $1000 per year, so even with 10% return in a year, with newsletter fees and commissions, you may end up with zero gain or even losses for a 10K account.

The problem with TOS in my opinion is that they don't screen the list of services as far as I can see:

 

There are other autotrading services that attempt to do some performance evaluation: eg., attaincapital or collective2

I am not going to link them because I am not really advocating either or any of these services. I am just trying to point out the pitfalls of autotrading. If the OP would like to know which TOS autotrade newsletter to avoid, please PM me.

 

Thanks for the info thrunner. Do you have any experience with Guerilla Trades? They seem to be well known.

[thrunner 10]

I have no experience with Guerilla Trades, but I would avoid number 11 on that list of newsletters on TOS. Redoption is number 1 and TG is good with that. BF's avoid is number 5 on that list. BTW, Redoption is at least partially owned by TOS, so may be they are more reputable than the others, and may be that is why they are number 1 on the list

[TinGull 10]

REdOption is wholly owned by ToS i believe.

[phil895 10]

How about Mutual Funds, they are getting up to 100% returns at the moment. Always try to be alert by watching the market periodically for any sign of a pull back....

 

http://moneycentral.msn.com/investor/partsub/funds/topfundresults.asp?Category=All&Symbol=$HF

[AbeSmith 10]

How about Mutual Funds, they are getting up to 100% returns at the moment. Always try to be alert by watching the market periodically for any sign of a pull back....

 

http://moneycentral.msn.com/investor/partsub/funds/topfundresults.asp?Category=All&Symbol=$HF

 

Thanks Phil. About how much is the fees on those? The China and Emerging market funds look attractive. Do I have to commit to them for a specific time or can I trade them?

[brownsfan019 17]

Abe,

Make sure you read the prospectus for fees on those funds. Foreign funds typically have higher expenses than a domestic based fund. Fees can also negate any 'trading' you might do. After the mutual fund mess a year or so ago many funds now impose a fee for what they define as early redemption. An foreign based ETF may be more appropriate if fees become cumbersome.

[AbeSmith 10]

Abe,

Make sure you read the prospectus for fees on those funds. Foreign funds typically have higher expenses than a domestic based fund. Fees can also negate any 'trading' you might do. After the mutual fund mess a year or so ago many funds now impose a fee for what they define as early redemption. An foreign based ETF may be more appropriate if fees become cumbersome.

 

Ok. Thanks very much Brownsfan.

[waveslider 10]

SHV is a bond fund I put excess cash in. It is an etf, you can buy it like a stock. It gaps down at the beginning of each month because it pays a dividend.

check it out - easy, low risk

[AbeSmith 10]

SHV is a bond fund I put excess cash in. It is an etf, you can buy it like a stock. It gaps down at the beginning of each month because it pays a dividend.

check it out - easy, low risk

 

Looks interesting waveslider. Thanks.

[sleepy v2 10]

If you didnt need the money in 10 months time Id be buying Silver

[sleepy v2 10]

If you didnt need the money in 8 months time Id be putting it into silver

[sleepy v2 10]

This article by Ted Butler explains why ...

 

http://www.investmentrarities.com/tb-archives.html

[AbeSmith 10]

If you didnt need the money in 8 months time Id be putting it into silver

 

Thanks Sleepy.

[rock 10]

I've been researching silver lately. I'm thinking of buying silver coins and bullions for my daughters in the name of fun, learning, and investment. I want to buy gold but I'm not sure at these prices. Silver is probably safer.

 

Thanks for the link.

[Dogpile 10]

won't last you 10 months but showering cash on strippers in Vegas is a solid option to consider.

[BlowFish 10]

And less risky than some of the suggestions! Wasn't low risk one of the stipulations.

[illumintai 10]

perhaps this will inspire you ?

 

http://www.forbes.com/free_forbes/2007/1210/134.html

[AbeSmith 10]

I've been researching silver lately. I'm thinking of buying silver coins and bullions for my daughters in the name of fun, learning, and investment. I want to buy gold but I'm not sure at these prices. Silver is probably safer.

 

Thanks for the link.

 

Good idea. A bit Gold might not be a bad idea either. It has been dropping recently, and it is more beautiful than silver in my opinion.

[AbeSmith 10]

won't last you 10 months but showering cash on strippers in Vegas is a solid option to consider.

 

Hmmm. Well, that might be fun for some people.

[AbeSmith 10]

And less risky than some of the suggestions! Wasn't low risk one of the stipulations.

 

Yes. Low risk is important, but not necessary. A good stock pic would also be considered.

[AbeSmith 10]

perhaps this will inspire you ?

 

http://www.forbes.com/free_forbes/2007/1210/134.html

 

Thanks Illuminati.

[BlowFish 10]

Well since a year has passed since this was posted I guess its all pretty academic now.

[method 10]

I wonder what Abe actually did with his money.

 

Hopefully not long the ES LOL