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What to do with a $1000

I'm a student and gonna have a summer job this summer and i think ill have about $1000 left after spending it and i was wondering what could i do to make it grow (preferably quickly and painless)
no such thing really.. not much you could do with $1000. Im thinking your just a high school/university student... so youd be freaked out if you lost a penny.
Someone suggested a "market tied GIC" for me... I looked it over and it seems like a sweet deal. Its guaranteed but you have the potential to earn a lil extra.

ill find the thread for you and post it.

edit.. Arg.. i cant find it. But search thru threads i created "noob question re: gic's" or something along those lines.
Yeah, not much you can do to invest with that. Keep the money and use it when you are back in university when you need it.
Quote:
Originally Posted by shawnly1000
I'm a student and gonna have a summer job this summer and i think ill have about $1000 left after spending it and i was wondering what could i do to make it grow (preferably quickly and painless)
You need to first determine how long you plan to leave it saved for. Then you can choose what to do. You want a new car, vacation, downpayment for a house, etc.
gamble it
Quote:
Originally Posted by RVDTHPS
gamble it
Roulette table, all in on red

Best bet is a GIC, check rates at your bank or at ING
Quote:
Originally Posted by Rogue_77
Roulette table, all in on red
Analysts are bullish on black this month.
naw guys, its all about the sic bo.
Quote:
Originally Posted by deep
Analysts are bullish on black this month.
Fine then, 50% on black, 50% on red
Quote:
Originally Posted by deep
Analysts are bullish on black this month.
Stop giving stock tips!
Easy, just simply plant it near a tree. And soon it will grow, grow into a money tree.
Quote:
Originally Posted by Rifle
Easy, just simply plant it near a tree. And soon it will grow, grow into a money tree.
And don't forget to include a guestbook and post the coordinates on geocaching.com!
lol no big tips so far? like a specific GIC account or what to do with the money?
Quote:
Originally Posted by shawnly1000
lol no big tips so far? like a specific GIC account or what to do with the money?
Considering every thread in PF eventually turns into "get gics", I think you can find some information on which GICS to purchase.

Just visit the banks' websites...they give current GIC rates.
Takes 5 minutes.
Quote:
Originally Posted by Rogue_77
Fine then, 50% on black, 50% on red
Bet 0 and 00 ...

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