pick one of the following,which one for you?

[MichelleCarmen]

Date: 3/25/2009 2:10:30 PM
Author: Smurfysmiles
The car, my honey loves cars. Plus you can't get much of a home for 100k in colorado

And I don't have much faith in stocks with the way the economy is, I don't wear jewelery THAT much and I'm not even sure what a bullion is (don't you make soup with that? lol)

Yep, and it'd make some mighty fine soup at that!

 

[Dancing Fire]

Date: 3/24/2009 9:06:28 PM
Author: Selkie
D. No place to go but up.

people said that 5 yrs ago, look what had happen in the past 6 months.

 

[kindred]

Date: 3/24/2009 7:41:45 PM
Author:Dancing Fire
(A)... $100K diamond ring of your choice.

(B)... $100K car(s) of your choice,it could be collector cars.

(C)... $100K home where you live now,but you must live in it for the next 5 yrs.

(d)....$100K worth of S&P stock (SPY),but you must hold for at next 5 yrs.

(E)....$100K worth of gold bullion,but you must hold for the next 5 yrs.

I would probably go with D. I might go with C if I could buy an invest property instead of living in it.

 

[Selkie]

Date: 3/25/2009 2:48:37 PM
Author: Dancing Fire

Date: 3/24/2009 9:06:28 PM

Author: Selkie

D. No place to go but up.

people said that 5 yrs ago, look what had happen in the past 6 months.

Ummm, yeah...that''s the point?? What am I missing? It''s crashed, and it''s at a pretty low point (unless I''m completely wrong and can no longer read graphs, which is doubtful). I suppose it could go lower, but I''d take the bet that in 5 years, it will go up. And you never said I couldn''t hang onto it for longer than 5 years either.

 

[Dancing Fire]

Date: 3/25/2009 7:25:36 PM
Author: Selkie

Date: 3/25/2009 2:48:37 PM
Author: Dancing Fire

Date: 3/24/2009 9:06:28 PM

Author: Selkie

D. No place to go but up.

people said that 5 yrs ago, look what had happen in the past 6 months.

Ummm, yeah...that''s the point?? What am I missing? It''s crashed, and it''s at a pretty low point (unless I''m completely wrong and can no longer read graphs, which is doubtful). I suppose it could go lower, but I''d take the bet that in 5 years, it will go up. And you never said I couldn''t hang onto it for longer than 5 years either.

it''ll be a long time before we see the S&P 500 hit 1500 again.

 

[Selkie]

Yes, I expect it will be a long time if ever, but diamonds and cars depreciate, I already own a house (and couldn't buy anything for $100K here anyway), and gold is fluctuating too, so...whatever. It's not like you're actually fronting me the 100K!

 

[VRBeauty]

Date: 3/25/2009 7:35:51 PM
Author: Dancing Fire

Date: 3/25/2009 7:25:36 PM

it''ll be a long time before we see the S&P 500 hit 1500 again.

I''d end up ahead long before it hits 1500. Besides, I have a long time before I''d have to pull that money out.

A bit longer than you, perhaps, DF?

 

[Abril]

D. Just reinvest dividends and $100K could become $200K in 5 years, once the market recovers. A 14.4% compounded annual return isn''t unheard of when recovering from a bear.

Diamonds and cars depreciate. Don''t trust gold while it''s relatively high. The main return on real estate is getting to live in it, like paying yourself the rent, but it''s not as good an investment as stocks.

 

[AprilBaby]

E. I have a bit till retirement.

 

[Selkie]

Date: 3/25/2009 8:56:31 PM
Author: VRBeauty

Date: 3/25/2009 7:35:51 PM

Author: Dancing Fire

Date: 3/25/2009 7:25:36 PM

it''ll be a long time before we see the S&P 500 hit 1500 again.

I''d end up ahead long before it hits 1500. Besides, I have a long time before I''d have to pull that money out.


A bit longer than you, perhaps, DF?

THANK YOU! I was wondering if someone had revoked the "Buy low, sell high" rule when I wasn''t looking?!

 

[Dancing Fire]

i''am one of those buy high sell low investors.

 

[Selkie]

Bummer, DF.

LOL-I just remembered I have a tiny automatic investment plan with Sharebuilder, and I'm putting $17 a month (woo, big spender!) into SPY. In 5 years, I'll come back and let you know how much it's up (or down) to!

 

[Kelli]

A please! Although if I could take the 100K and put it towards the house I just purchased, I''d definitely do that instead!

 

[VRBeauty]

I was distracted for a few years and let my money sit on the sidelines for too long... woke up last fall... I''m counting on a little "buy low, sell high" magic!

Selkie: What is this SPY whereof you speak?

Anyhow, DF -- my choice is D and I''m sticking with it!

 

[Selkie]

It''s the S&P index fund that DF is referring to in the original question. It tracks the S&P 500. SPY

 

[Phoenix]

If you''d asked me two, three years ago, I would''ve said A.

But now, my choice would be D. Have to think abt buidling our retirement funds now.

(Btw, $100k would buy a broom cupboard in a house in Singapore!

).

Why do YOU ask, DF? What''re you up to now?

 

[atroop711]

I'll take the the diamond or the gold.

I live in NYC, don't drive and cars break down...so no thanks for the car

I own my apt..so don't need a place (thanks anyway)

as for stock..god knows what they will be worth in 5 yrs.

 

[atroop711]

Date: 3/24/2009 8:00:37 PM
Author: elle_chris
C. If i can get my apartment for 100k in manhattan??!! I wouldn''t need to worry about D or E.

you can get your apartment in Manhattan for 100k...just find that time machine and go back to the late 80''s!

 

[atroop711]

Date: 3/24/2009 9:22:41 PM
Author: MC
Where can you buy any sort of living structure for $100K? I don''t even think you could get a plot of land to put a travel trailer on nearby where I live.


I''d take the gold.

you can get a plot of land..but not to live in now (a cemetary plot)

 

[atroop711]

Date: 3/24/2009 9:26:39 PM
Author: mrssalvo

Date: 3/24/2009 9:22:41 PM

Author: MC

Where can you buy any sort of living structure for $100K?

northern indiana. new construction, 3 bed/2 bath, approx. 1500sq/ft houses in the area we live in go for about 120K. good school district too!

are you kidding? Hmmm may have to look into northern indiana

 

[Rockit]

E. If gold doesn''t go up enough for me, then, surely it will appreciate for the next generation. Of course, if I made any significant financial headway after five years, I''d buy myself a BIG diamond.

 

[Dancing Fire]

Date: 3/26/2009 9:42:02 AM
Author: Phoenix
If you''d asked me two, three years ago, I would''ve said A.

But now, my choice would be D. Have to think abt buidling our retirement funds now.

(Btw, $100k would buy a broom cupboard in a house in Singapore!

).

Why do YOU ask, DF? What''re you up to now?

nothing,just wonder how other people think. i''am surprised by some would pick B.

 

[VRBeauty]

Hmmm.... DJIA is up 5% since you posed this question.... price of gold is down 4% despite a big bounce today...

so far I''m liking my selection.

***knocks on wood***

 

[simplysplendid]

D. 5 years later D might bring me A and B. Not sure where E will head, it is already very high. C does not exist in where I live.

 

[fatafelice]

I would take the real estate, but you can''t even buy a condo in my town for 100K. So I think I''ll take the gold. Later, after I sell it (which might have to be more than five years), I''ll buy myself the 100K diamond ring and put the rest of the profit towards my retirement.

 

[ksinger]

Toughie. My first inclination would be gold, but you could buy a pretty nice small home around here for 100K, and rent it out for an income stream into your older years when for whatever reason you won't be working. And since I'm 46....hmmm.

 

[partgypsy]

E. I''d convert it into gold coins and roll around in it like Scrooge McDuck! (I always wanted to do that)

 

[Italiahaircolor]

A...probably

 

[partgypsy]

Hey can I change my mind? Can I pick C) and buy my own house? I have 62K left on the mortgage (plus the left over would buy a sweet reno of our attic!)

 

[MonkeyPie]

After long thought, I choose A - I can sell it, and pay off bills instead. And while I''m waiting to sell it, I CAN WEAR IT.