What would you invest in if you had $50,000 cash ?

[Mr Nice]

Would your investing strategy change if you had won more from the Lotto ticket and had $500,000 ?

Remember you want to invest the ca$h and can't blow the money on fancy boats, cars, Harley-Davidson, women, toys ....etc.

 

[GROUCHO MARX]

Originally Posted By: GROUCHO MARX
SDS



It was 25.02 when I suggested this. You can sell now and make a neat profit over 7%

 

[Tempest]

Unemployment benefits are supposed to yield a multiplier of 1.6 the amount spent. So I want to know how I can invest in that!

 

[SteveSRT8]

Originally Posted By: Tempest
Unemployment benefits are supposed to yield a multiplier of 1.6 the amount spent. So I want to know how I can invest in that!


OMG. I feel certain you are joking. At least I hope so.

No one really believes that garbage do they?

 

[javacontour]

Originally Posted By: Tempest
Unemployment benefits are supposed to yield a multiplier of 1.6 the amount spent. So I want to know how I can invest in that!


I realize that was tongue-in-cheek.

But the way you realize this sort of gain is to hire them and sell the fruit of their labors. I.E. provide a service, etc. Car wash, lawn service. Preferably something low capital cost.

But even 1.6x return is going to be tough. What that multiplier fails to take into consideration is the cost to collect the taxes and distribute the money. I suspect by the time those costs are figured in, it's closer to 1/2. I.E. for every $1 spent on unemployment benefits, you get $0.80 of multiplier. In other words, $0.20 gets lost somewhere, LOL.

 

[PandaBear]

Originally Posted By: Tempest
Unemployment benefits are supposed to yield a multiplier of 1.6 the amount spent. So I want to know how I can invest in that!


You can start your own country of unemployed.

 

[Tempest]

Originally Posted By: PandaBear
Originally Posted By: Tempest
Unemployment benefits are supposed to yield a multiplier of 1.6 the amount spent. So I want to know how I can invest in that!


You can start your own country of unemployed.

Great! Then I can just pay them unemployment benefits and GDP will increase by 160% a year. Utopia realized!

 

[PandaBear]

Originally Posted By: Tempest
Originally Posted By: PandaBear
Originally Posted By: Tempest
Unemployment benefits are supposed to yield a multiplier of 1.6 the amount spent. So I want to know how I can invest in that!


You can start your own country of unemployed.

Great! Then I can just pay them unemployment benefits and GDP will increase by 160% a year. Utopia realized!

Only if they spend the money buying from only you, or among themselves.

If they buy from your neighbor, you will make even more money because they have more money in their pocket to spend on more purchases from your neighbor, so that would increase the multiplier from 1.6x to an even higher number due to the efficiency gain.

Wait a minute...

 

[Rtstrider]

I would either invest it in a cd, ira, something of that nature. Let it grow over time and add it towards retirement