alternative?

[2much2learn]

so im back from spain, 12 hr flights suck so i have about 3 grand left over, want to get a 1970 charger project but i know thats not nearly enough cash. so i started thinking what if i invest in the stock market? that way i could mabey make enough to get a 70 charger , but is it too risky? if i keep the 3 grand and save, by the time i have enough $$$ there will be even less charger out there makeing them more rare and valuable. anybodys  ?

[Harlow]

I play with stocks. Mostly buying and selling calls/puts. My  . Only invest money in the stock market if you wouldn't mind or could live with losing it. Just keep saving and maybe get something other than a charger.

[Arthu®]

As you probably have read in the newspapers this is not exactly the most booming time, especially not in the U.S. economy. Does that mean there is no money to be made on the stock markets, no, it just becomes a little harder. A decade or so ago you could just invest one of the internet companies or even Enron and be sure to get a good return. 3k is not a whole lot of money, when you want to start investing I would advice you spend some of that 3k and get a good book on investing. Read it, learn it and use it as a guideline. There is a basic logic to investing in something, if you take high risks there is a chance of a great reward, but also a chance of a great loss. If you take it on the safer side, spread your risks, invest in different types of assets like: Stocks, bonds, cash or even gold. When you spread the risk there is a better chance that you gain something, but it will never be as much as when you take high risks.

I myself wouldn't invest the 3k right now, I would put it into a savings account and just save more and more over the years. Investing can be time consuming, learning about it, managing your portfolio, etc.

Arthur

[Mike DC]

   
Right now I'd be more interested in avoiding US dollar assets than acquiring any more. 


Not to get political, but the current administration has basically pushed a weak-dollar policy.  The official CPI figure is misleading.  I've read that if we calculated the USA's current inflation like we calculated inflation stats 30 years ago, it would be something like 10% a year lately.