What should I do with 4K
- Thread starter Roland69
- Start date
-
Sponsors (?)
1990Coupe
Founding Member
another vote for the trick flow kit...
in all seriousness tho - you should forget you even have it, and invest it and have your money make you money..... honestly...
in all seriousness tho - you should forget you even have it, and invest it and have your money make you money..... honestly...
Tonys96Cobra
professional deer "mounter"
If you do the TFS kit you will need to convert to mass air, or use a different cam. But I will vote that you buy my heads and intake
Thats what I would do.....Well thats what I did, but then I sold the car.
Thats what I would do.....Well thats what I did, but then I sold the car.
If you do the TFS kit you will need to convert to mass air, or use a different cam. But I will vote that you buy my heads and intake
why what you asking for the heads and intake
oooh yeah, kenne bell!!!!!! thats what i would do. either that, or go to town on the suspension and do all you want to the interior. cause lets face it, we all have plans for our cars inside and out but we rarely get past the engine (well me at least lol)
Tonys96Cobra
professional deer "mounter"
1990Coupe
Founding Member
+2+1 for a mutual fund
Especially if you only drive the car 3 months out of the year. It'll be fun to drive it no matter if you blow 4 grand on it or not. Maybe play w/ a little, but I'd say dump at least 3 g's in a mutual fund.
fivespeedsteed
Dirt-Old 20+Year Member
fivespeedsteed
Dirt-Old 20+Year Member
Invest it!!!
Geez, i never thought the day would come when i would find myself with a few grand lying around and my first thoughts would be "What can i invest this is??"
Needless to say the only Mustang parts i have bought in the last 6 months have been a set of bullitt pedals for my GT...and those were an Xmas gift
Geez, i never thought the day would come when i would find myself with a few grand lying around and my first thoughts would be "What can i invest this is??"
Needless to say the only Mustang parts i have bought in the last 6 months have been a set of bullitt pedals for my GT...and those were an Xmas gift
A little info on mutual funds here:
http://www.investopedia.com/terms/m/mutualfund.asp
Basically, a mutual fund is a mixture of different types of investments which provides an investor (you) with an broader range of investments and risk. Professional investment companies create/manage mutual funds and then sell shares to the public, who then become part owners. Many people invest in the same mutual funds, so if it takes a downturn, you all lose a little instead of you losing a lot on your own; likewise, if the mutual fund does well, you all share the wealth.
It should be noted that the more risk you assume, the greater earning potential you have (but you obviously could lose more as well). By the way, the idea is not to earn a return on your money now so you can buy a supercharger next year, etc lol. The idea is to invest now and keep the money invested (and add more) so that you'll have it later on when you retire. Look around at all of the people who are old and didn't invest when they were younger...they're not in real good shape. And...I'm not trying to suggest that you invest every penny you ever get - as with anything, balance is important. Putting a good chunk of that 4k away in a mutual fund would be a nice start, though
It's good to get started investing when we're young because the government may not be able to bail us out when we're older. I'm not a professional investor any thing similar, but I have had a personal finance class and quite a few other finance classes. My investment class starts in a couple weeks
http://www.investopedia.com/terms/m/mutualfund.asp
Basically, a mutual fund is a mixture of different types of investments which provides an investor (you) with an broader range of investments and risk. Professional investment companies create/manage mutual funds and then sell shares to the public, who then become part owners. Many people invest in the same mutual funds, so if it takes a downturn, you all lose a little instead of you losing a lot on your own; likewise, if the mutual fund does well, you all share the wealth.
It should be noted that the more risk you assume, the greater earning potential you have (but you obviously could lose more as well). By the way, the idea is not to earn a return on your money now so you can buy a supercharger next year, etc lol. The idea is to invest now and keep the money invested (and add more) so that you'll have it later on when you retire. Look around at all of the people who are old and didn't invest when they were younger...they're not in real good shape. And...I'm not trying to suggest that you invest every penny you ever get - as with anything, balance is important. Putting a good chunk of that 4k away in a mutual fund would be a nice start, though
It's good to get started investing when we're young because the government may not be able to bail us out when we're older. I'm not a professional investor any thing similar, but I have had a personal finance class and quite a few other finance classes. My investment class starts in a couple weeks
Similar threads
