# Need Real Finance Advice?

**URL:** <https://forums.speedlife.net/t/need-real-finance-advice/247209>\
**Category:** Shift518 Off Topic\
**Created:** [September 30, 2009, 12:22pm UTC](https://forums.speedlife.net/t/need-real-finance-advice/247209 "2009-09-30T12:22:15Z")\
**Posts on this page:** 1\
**Showing post:** 83

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**Author:** ![Cossey](https://avatars.discourse-cdn.com/v4/letter/c/3ec8ea/32.png) [@Cossey](https://forums.speedlife.net/u/Cossey)\
**Post date:** [October 1, 2009, 4:00pm UTC](https://forums.speedlife.net/t/need-real-finance-advice/247209/83 "2009-10-01T16:00:56Z")

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> [@I Need Your Help v. Cell Phones (for a good cause)](https://forums.speedlife.net/t/i-need-your-help-v-cell-phones-for-a-good-cause/23785/8):
>
> Just generally dumping money into a money market isnt necessarily a good idea for everyone, or every 22 yr old. There’s an optimal strategy for every person’s situation whether you want to be active with your investments or not.

+13459786134.

> [@Anthony"](#):
>
> Best investments to me right now and this is only my opinion are Gold, Guns, Safe’s thats for quick then look into investing into Pharmaceutical Companies

Good thing that’s only your opinion lol.

> [@Road Trip-AZ to NY.... Tons of Pics](https://forums.speedlife.net/t/road-trip-az-to-ny-tons-of-pics/23807/10):
>
> how does everyone get these financial advisors? can anyone recommend a good one? i dunno wtf i’m doing, i just go with my gut.
> 
> FML - Wayne on TracEys name.

I could recommend only one, because that’s all I’ve used, but he’s the man (IMO). He calls me every single day to let me know how things are going, he owns an unmanned weapons company so he’s helping my get the 98B and some other stuff (optics, ammo, etc…) and he’s effin funny.

> [@\*OFFICIAL\* 06-07 Toronto Maple Leafs Season Thread](https://forums.speedlife.net/t/official-06-07-toronto-maple-leafs-season-thread/18511/211):
>
> If you take classes for it I don’t see why not, unless you are earning and spending the monetary values of a large company.

If you’re dealing with a little bit of money, that’s perfectly fine. I would recommend against doing it with a larger sum.

> [@NYSpeed chat!](https://forums.speedlife.net/t/nyspeed-chat/13918/92):
>
> Back on topic here, what are people doing with savings?
> 
> Savings Account? CDs? Mutual Funds? Index Funds? Piggy Bank?
> 
> or is it more like:
> 
> **Savings? WTF is THAT!?@#@** But peep mah ride tho!! ($oN!!)

I have a lot of money in a lot of places. Mutual funds, bonds, stocks, etc…  
I have some set aside in just a normal savings account, and I have a little bit in a checking account.

The younger you are, the more risk you should take (just my opinion) because you have your whole life to get anything back. The higher risk, the higher return (and losses for the glass 1/2 empty type of guys) is generally the case, but you should also research any investment opportunity as much as possible before you dive into anything. As some can tell you, I talked about it almost night and day on what to do, and a few people were very helpful with any decisions I’ve made. Jesse Clark knows his shit about the subject, as does Jammer and a couple others on the forum. I’m still a newb in it all because I have someone who does a lot of it for me, but teaches me things along the way.

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