Well, it's closer to 9 but it just finally debited into my checking account. It's the new fiscal year for our business and they gave me my share of net profits.

Only thing is...I really don't have any wants or needs with that cash. The only thing I can think about buying is one of those new ultrabooks maxed out at $2,100.

Eh. Very odd point in time in my life that I can't think of what to spend money on. =\

It's been very sad seeing some of my "hand to mouth" lifestyle friends just devastated in the last 4 years. With a couple literally begging me for help - money I know they will never be able to repay. And many who thought they had good jobs, and that the party would never end. So my suggestion would be to concentrate more on saving/investing, rather than on spending.

But forgive me if I'm presupposing your situation in error.

"You can only support the poor for so long before they have to get off their feet, by themselves."
~ Anon

Don't buy yourself into poor. It sucks.

Originally posted by TigerAero

Only thing is...I really don't have any wants or needs with that cash. 

Travels are often a great option. Depending on how many days you can afford to be away from home, it can be a 2-3 days trip to a nice inn, a week on the road to discover a new region or 2 weeks in Asia, Scandinavia or South America.

If you do not know what to purchase, investment is probably the safest way to use your money. Refurbishing your home, purchasing gold, platinum, silver, diamond, buying stocks...

Other than that, many hobbies that require equipment like video gaming, archery or wake board can indeed be good choices to put money on.

Good luck ;) 

Originally posted by quatrevert

Originally posted by TigerAero

Only thing is...I really don't have any wants or needs with that cash. 

Travels are often a great option. Depending on how many days you can afford to be away from home, it can be a 2-3 days trip to a nice inn, a week on the road to discover a new region or 2 weeks in Asia, Scandinavia or South America.

If you do not know what to purchase, investment is probably the safest way to use your money. Refurbishing your home, purchasing gold, platinum, silver, diamond, buying stocks...

Other than that, many hobbies that require equipment like video gaming, archery or wake board can indeed be good choices to put money on.

Good luck ;) 

Reading this post kinda is already what I plan on doing partly. Going to start collecting stuff. Not sure what item to start collecting but I'm thinking old guns or other certified memorabilia.

Originally posted by CalmOceans
Why not save it for a rainy day.

+1

It may come in handy one day.

Alcohol !!!!

:)

Buy Silver, small coins mostly, before the Epic Economy Crash comes. Gold is too big to buy stuff from in exchange, but Silver always keeps it's value. Even if the economy does not crash, silver retains it's value. Just get it for real, not on some bank account, where it's just virtual. Oh and buy it private not from a bank. In a crisis governemts often make laws to demand the gold and silver from their people. So if you buy it privately, they less likely will know about it.

Oh, and invest in a gun and bullets you can handle. To be sure you KEEP the silver, in case.

Originally posted by Elikal

Buy Silver, small coins mostly, before the Epic Economy Crash comes. Gold is too big to buy stuff from in exchange, but Silver always keeps it's value. Even if the economy does not crash, silver retains it's value. Just get it for real, not on some bank account, where it's just virtual. Oh and buy it private not from a bank. In a crisis governemts often make laws to demand the gold and silver from their people. So if you buy it privately, they less likely will know about it.

Oh, and invest in a gun and bullets you can handle. To be sure you KEEP the silver, in case.

If there were an epic economic crash, silver will be just as worthless as fiat currency. Sure, it will have value if there was an economic recovery, but coinage, no matter if it were gold or silver, will not be worth more than than it's weight in comparision to food/supplies.

If we were to see an economic crash with valueless currency we would see a barter system take place. 

I'd rather trade a can of beans for a battery than a silver coin, you know. :)

Invest

• IRA, 401k, Money Market, or Bonds (especially if they match)...
• Real Estate (save up to buy property, a duplex to begin)
• Alternative energy (look into solar panels)
• Gym membership and a personal trainer.
• Guns/Ammo.
• Rosetta Stone (for a new language)
• A hobby (programming, photography, fishing)
• Take a class at your local college
• Upgrade your roof, or floor, check to see if your house still has copper pipes that carry water.
• Give $1,000 as a scholarship bonus to kids at a community/technical/vocational college.

Originally posted by Dekron

Originally posted by Elikal

Buy Silver, small coins mostly, before the Epic Economy Crash comes. Gold is too big to buy stuff from in exchange, but Silver always keeps it's value. Even if the economy does not crash, silver retains it's value. Just get it for real, not on some bank account, where it's just virtual. Oh and buy it private not from a bank. In a crisis governemts often make laws to demand the gold and silver from their people. So if you buy it privately, they less likely will know about it.

Oh, and invest in a gun and bullets you can handle. To be sure you KEEP the silver, in case.

If there were an epic economic crash, silver will be just as worthless as fiat currency. Sure, it will have value if there was an economic recovery, but coinage, no matter if it were gold or silver, will not be worth more than than it's weight in comparision to food/supplies.

If we were to see an economic crash with valueless currency we would see a barter system take place. 

I'd rather trade a can of beans for a battery than a silver coin, you know. :)

That is because people misunderstand the idea of a crash. A crash would not hurl us back to Middle Ages for decades. It would stay a while and then recover. May take a few months before a halfway normal system is back. But this gap is something being prepared is worth considering IMO. Silver is always worth something, and I do not assume a crash would last years or decades. That is not really likely, because the industry infrastructure is still there.

Even if no crash happens, silver and gold never lose their value, unlike paper (fiat) money.

In countries where the currency actually crashes, it has happened in a few countries, I have seen that the first item they pay with is cigarettes, I kid you not.

Cigarettes have a reasonable value, it's easy to pay with since they're already in circulation when the crash happens, everyone knows what a cigarette is worth, it stays valuable because people wants cigarettes even in crisis, so trading them is easy to do.

Originally posted by CalmOceans
Why not save it for a rainy day.

Or buy gold? can't go wrong IMO

Originally posted by Teala
I'd be putting that in an interest bearing checking account or an IRA.    :)

+1 for an IRA