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With $2,000, the best investment you can make is purchasing quality, non-perishable dry goods in bulk as you spot them on sale. That's not sarcasm. You'll be
by tom_rath 18y ago
With $2,000, the best investment you can make is purchasing quality, non-perishable dry goods in bulk as you spot them on sale.
That's not sarcasm. You'll be eating and wearing out your stuff one way or another and buying a year's worth of rice, grass seed, socks, underwear, cat litter, detergent, toothpaste, etc. when you spot it on sale could shave 20%+ off your living expenses.
So, a greater than 20% return. No risk, no taxes, and no commission paid. You really can't do better than that to put an extra $500 in your pocket two years from now.
- eru 18y agoRisk of theft, fire and cost of storage. (Might still be a good idea.)
- tom_rath 18y agoYou get a gold star for pedantry but if those risks aren't already covered by your home/apartment insurance, that should be the first thing you purchase. If you don't have enough space to store extra rice and underwear, you're unlikely to have sufficient assets to invest in the first place.
- eru 18y agoOk, the most important risk I see in practise is that you will move and it's cumbersome to carry around stuff.
- marvin 18y agoThis is an interesting idea..but keep in mind that you're locking yourself into a particular brand of each of the products. If you suddenly find that you hate the rice, toothpaste and underwear, you're out of luck.