financial pondering, or "how can i profit from this?"

[rmd]

so, we're heading into some credit-related panic, financially. the question is, depending on how things go, HOW TO PROFIT FROM THIS. or, you know, HOW TO PROFIT IN GENERAL RIGHT NOW.

more specifically, i've got a few thousand dollars to throw into experimental investments, so i'm pondering what to do to with it.

i'd rather not toss it into my 401(k) to max it out as i'd like to keep it accessible, although it doesn't have to be cash-levels of liquid. i figure i'll end up doing something ranging from "buy a single share of BRK.B" thru "buy more shares of index funds" to "buy gold, silver, and ammo to stash in my secret bunker in the REDACTED wilderness", but i was curious what my friendslist had in the way of suggestions.

i'm okay with some risk, but only finite risk.

thoughts? suggestions?

thanks!

Comments

[rmd.livejournal.com]

aha! interesting. this is also a fine way to profit.

i think at the moment i want to focus on making time to do things i want to do rather than learning new stuff to do. (i'm on call at the moment so i need to stay close to home. one of the things on my list of stuff i want to do today is finally getting around to hemming some pants i've had for months -- i've just been folding up the cuffs when i wear them. also, i think it's time to start crocheting the border for a baby blanket i'm making. otherwise, i'd probably have listed going walking around somewhere with less pavement and more trees, since it's been perfect "meander in nature" weather for much of the weekend.)

there are some self-investment things i've been working on and plotting, but none that need much money immediately.

[lil-brown-bat.livejournal.com]

Then, as miss_chance suggested, think about ways of turning money into time. Or here's another thought, think about investing by supporting institutions and services that you use, or that you expect to use down the road. For example, I support my local VFD, they being the ones that will put out the fire if my house ever decides to burn, and when I've got some money to spare I often kick it in the direction of Hospice, which is something I hope will be around for me when the time comes.