Where would you invest $10,000 today?

[Holis]

Curious where yall would invest today with the market in the shitter...

I have some CD's coming up and dunno where to move them (Thanks in advance to Jeremy for suggesting a gold stripper pole in the bedroom)

[Spry]

if you don't have some and long term investment, i'd buy some precious metals and other commodities. Long term stores of value. If the dollar does go to shit the paper is going to be worthless but real, tangible goods will hold their value.

Plus I heard Suze (wh)Oreman comparing the bernie madoff scandal to investing in gold and then also advertising that people should go sell their gold and get cash in hand to make me believe even stronger it is a good gold/silver buying opportunity as the crash has been set up beautifully. but then again i'm a tin foil hatter, lol.

Silver spot price is around 12.41 / oz but actual buying price (according to what you can buy silver coins for on ebay right now) (yes, my aff site, lol but good for checking what you can actually get an oz of silver in your hands for real time).

[PTC]

Pokernations maybe? Just about everything to my name is in a moneymarket fund right now and I sleep pretty good at night. When GM hits $1.70 you might see me putting some money in there but this would mostly just be for the gamble.

[PokerNations]

Pokernations maybe?

If you act now, I'll throw in Didi 7 absolutely FREE!

[CoolDog]

I'd buy about $8,000 in silver and the rest in MGM stocks!

Silver is going to really go up in the coming years.

[PokerNations]

I'd buy about $8,000 in silver and the rest in MGM stocks!

Silver is going to really go up in the coming years.

Just a note on MGM stocks. I believe I read they have $1.3 BILLION in loans coming due this year. And given the current state of affairs for gambling properties, I don't know what shape they're in to handle paying up (not to mention I believe their stocks have been consistantly on the downturn)

[CoolDog]

That's why you'll only want to gamble 2k of the 10!

[kdollar]

I am thinking about throwing a small amount at the MGM stock...Maybe just for the sheer entertainment of the stock being a rollercoaster.

[Holis]

I almost bought mgm and LVS but right before i did i read this :

Mad Money: Stop Trading!: Don't Gamble on Casinos - Mad Cap Recap - CNBC.com

and this In Play &reg - Yahoo! Finance - The basics of investing. today

I went the boring route and got Walmart

[TheGooner]

Investing in metals is just having a punt.

There is no intrinsic reason for gold and silver to go up, down or sideways, and if PAPER becomes worthless then so does gold, silver and everything else as there will be total anarchy and no-one to work or manufacture the metals. Pretty metal sure, but it will not hold it's value against lifes neccessitites.

I've read all the websites claiming otherwise, that somehow gold will be good if the monetary system collapses, but they don't really have a precedent to prove that - and comparing todays global situation to bankrupt economies of nations that lost WWII is not a valid situation IMO.

If this is the scenario you're investing for then you'd be better off "investing" in canned food, guns and ammo.