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The Water Cooler
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How would you invest 1000$
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<blockquote data-quote="swampratt" data-source="post: 3074217" data-attributes="member: 15054"><p>Keep an eye on craigslist for bargains you must see them first and snatch them up quick. then relist and sit on it for a little longer than the 15 minutes the original sell had it for and make money.</p><p>Armslist and other places the same.</p><p></p><p>Sometimes you must wait for the bargain and just sit on the money.</p><p>That is the short term answer.. long term answer is if you ever plan on paying off your house if you do have a house payment then stick that money on principal.</p><p></p><p>I paid off all my houses in less than 5 years by taking every bit of money I had and stuck it on principal.</p><p>56,000 borrowed against my current dwelling as I had a lot of cah to put down.</p><p>6% interest first year and 7.5 the next year 15 year note.</p><p></p><p>I paid it off in 25 months.. yes 25 payments they only got 2500 off of me in interest.</p></blockquote><p></p>
[QUOTE="swampratt, post: 3074217, member: 15054"] Keep an eye on craigslist for bargains you must see them first and snatch them up quick. then relist and sit on it for a little longer than the 15 minutes the original sell had it for and make money. Armslist and other places the same. Sometimes you must wait for the bargain and just sit on the money. That is the short term answer.. long term answer is if you ever plan on paying off your house if you do have a house payment then stick that money on principal. I paid off all my houses in less than 5 years by taking every bit of money I had and stuck it on principal. 56,000 borrowed against my current dwelling as I had a lot of cah to put down. 6% interest first year and 7.5 the next year 15 year note. I paid it off in 25 months.. yes 25 payments they only got 2500 off of me in interest. [/QUOTE]
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