If you only had $1,000 to "invest", what would you do?
(Let's assume you have emergency funds and all that jazz, but you only have an extra $1,000 to invest.)
Remember the goal? You need to maximize ROI (return on investment.)
The answer will probably surprise you.
(Hint: What happens if only had $500 or even $250?)
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3 comments:
How could you make this determination without deciding on an appropriate risk level?
Anyways, so what's the answer?
Non-perishable consumables on sale.
You will never get an ROI to match numbers like that.
Yes, clever, though it is not a general strategy (hence the $1000 limit in the original post, I suppose).
Really, you are trading space for money (saving the merchants the cost of warehousing).
A side benefit is local cache which can weather a shortage (a bigger problem in Canada than in the US... I notice stores often tend to run out of products that I use). I hate running out of things. :-)
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