Investment ideas..

[Wild Cobra]

I wouldn't sell it, wait till the market is better. Renting it out can be a pain in the ass. Overall, I'd just hold on to the $31 k, that's the best thing to do for now. Let a business idea strike you and then spend the money.

Find a corporate renter, even if you get a low rent, at least for now. They often have people temporarily moving around wanting places for employees to live short term rather than in hotels.

[chunticakes]

buy some codones, tbh.

[Venti Quattro]

I've heard mixed reviews about renting out, tbh..

Renting > selling. If your property is in a prime spot (eg. near commercial spots) then it makes more sense to rent out your place since there will always be takers

But the danger is what if they suck at paying their rent, and that's where you do a little background check

[DeadlyDynasty]

buy some codones, tbh.

[Fabbs]

Bet on the Lakers opponent.

[CosmicCowboy]

I actually bought a condo a 2 years ago, my parents have been living in it(had to move them out of the ghetto) but they'll be moving overseas this September..I obviously haven't made any money from it, so far, but the increase in value has been as well as expected, and I'll have to decide whether I should just sell it or rent it out..I've heard mixed reviews about renting out, tbh..

Real estate values are always about location. If the condo is in a good location where you think it will continue to increase in value and you are handy with tools and can do minor home repairs, plumbing, painting, etc. renting is probably the way to go IMHO.

That's what I plan to do with my daughters house that I bought when she decides to move up to a bigger house. Houses in her neighborhood are going up 5%+ a year.

You just have to qualify your renters. Do a complete background check, credit check, etc. Solid people rarely do a 180 in their lives and trash a rent house and ruin their credit.

[Venti Quattro]

GOD DAMN IT. JPM missed their estimates and the stock is down by 3%

At least Wells Fargo gave me something to cheer for. Thinking of dumping JPM for WFC...

[GoodOdor]

Real estate values are always about location. If the condo is in a good location where you think it will continue to increase in value and you are handy with tools and can do minor home repairs, plumbing, painting, etc. renting is probably the way to go IMHO.

That's what I plan to do with my daughters house that I bought when she decides to move up to a bigger house. Houses in her neighborhood are going up 5%+ a year.

You just have to qualify your renters. Do a complete background check, credit check, etc. Solid people rarely do a 180 in their lives and trash a rent house and ruin their credit.

Maybe even offer a slightly below market rate so you got lots of applicants - and you can choose the best one who will be grateful for getting a deal.

[Big Empty]

GOD DAMN IT. JPM missed their estimates and the stock is down by 3%

At least Wells Fargo gave me something to cheer for. Thinking of dumping JPM for WFC...

chasin tha dragon. you should buy more jpm its ata bargain

[Rogue]

Jews will always steal your money away at the end of day no matter what you invest in. To me, every penny spent on education is a wise investment because money comes and goes, but knowledge/intelligence never escapes you.

[angrydude]

Buy a 3x reverse dow etf.

Then if you don't get out in time before you get monkey-hammered by the fed in a week sell it and buy a 3x long etf.

diversification is for pussies.

[FuzzyLumpkins]

donate it to any LGBT rights organization, imho

How long have you been taking hormones?

[Nbadan]

If it's play money then spend it on hookers and blow....


seriously though....buy some $50 lottery tickets and see if you can win life-changing money...

[Big Empty]

**ahem*** citi