30K to spend, what to buy?

Whats an example of as safe stock? It seems like nothing is safe these days...
Most of the safe stocks will be companies that are well established and give a steady return. Examples would be utility companies (GE, PGE, etc), gas/oil stocks (although not steady now), major corporations such as Apple, Nike, etc.

Do not invest in new start-up companies, "fortune 500" or other high tech companies that could be a flash in the pan if a product fails or a customer files a lawsuit.

Ignore the idiots in this thread who act like $30K doesn't buy ****. Even in the area I live in (which is one of the most expensive in the country outside of LA or NY) $30K will buy you a LOT of security.

If you are savvy with cars, a lot of people have luck buying cars at auction, classifieds, or random finds - fix and flip. You have to be able to do most of the labor yourself however. If you have to pay for labor, you will end up losing money 90% of the time. Most of the cost of cars is labor and time, unless it has extremely rare or expensive parts. I try to sell at least 1 car every couple of years. You can generally make more money than a steady stock.

Real estate is OK in a market that is expanding. Most parts of the country are not doing so well in real estate, so I would not say its as safe or profitable as it was before 2005. Before 2005, I would say go for it, after 2005, its just starting to bounce back but nowhere near what it was. I would give it a few years before I got back into real estate. Rental properties and quick flips are where the most money is at. Storage units are also a great investment.

 
Invest those 30k to my troll wannabe rich boys foundation.
It will fund all my employees to **** these trolls and wannabe rich boys who think 30k is big money.

Go sit on your cash, your barely hitting the mark.

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You sound mad bro, I think my HU is worth more than your truck lol.

 
You sound mad bro, I think my HU is worth more than your truck lol.
Maybe.. Mad about money? Nope... I make that in 1/3 of a year..

Mad about not having it saved maybe //content.invisioncic.com/y282845/emoticons/biggrin.gif.d71a5d36fcbab170f2364c9f2e3946cb.gif

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Maybe.. Mad about money? Nope... I make that in 1/3 of a year..
Mad about not having it saved maybe //content.invisioncic.com/y282845/emoticons/biggrin.gif.d71a5d36fcbab170f2364c9f2e3946cb.gif

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If you make almost 100k a year, you need to upgrade your car and audio system.

 
If you make almost 100k a year, you need to upgrade your car and audio system.
Haha 100k.. More like 75-78k to be exact and after 401k, health insurance, taxes its still good pay.

I own 2 vehicles and will not upgrade my truck till it dies. 2000 gmc sierra 1500 with only 145k miles.

As for a new setup i will be doing one when time is available. I had to pay boomsday for a temp box just to hold me off till i can do my wall.

Anyway to op i was joking with you //content.invisioncic.com/y282845/emoticons/biggrin.gif.d71a5d36fcbab170f2364c9f2e3946cb.gif.

If you have a money market account then withdraw all your money and leave 5k in it and continue hitting the stocks.

Give it a month tho since stock market just took a hit.

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Rental properties would be the easiest or an IRA.

You can have management company handle the rental and the tenants. You will just get a few extra bucks every month. Parents are doing it with a few properties. Pays the mortgage on there new house. If done right, it seems it can be a decent investment.

 
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