1,000 to invest, any ideas?

Here ya go. I got this one in the mail today. Seems like the perfect investment opportunity!

I am Mr. Alan Danyel, a banker who works with a local bank here in South Africa. I am the account officer to a foreigner who is a Citizen of your Country; he worked for the Petrochemical Support Services Company of South Africa.

My client was involved motor accident on the 16th of January 2001 and later that same day he died. Since then I have made several inquiries to your country's Embassy to locate any of my clients extended relatives, but this has proved unsuccessful.

I have also visited your Country in search of his relatives early this year but still could not locate his relations. After these several unsuccessful attempts, I decided to contact you today privately as a total stranger, with hope that you are a reliable and trustworthy person, to help or find a trustworthy individual that will assist and secretly secure the money left behind by my client before they get confiscated or declared unserviceable by his Bank since the mandatory five year waiting period, allowed by South African law, has expired. It is important that my contact be somebody who can in no way be identified with me in order to avoid suspicion of insider dealing from any staff of our bank.

Particularly, the Bank were the deceased had an account valued at about Thirty Three Million Five Hundred United States Dollars has issued me an urgent notice to provide the next of kin or they will have the account suspended and later on confiscated within some working days, this is why I am contacting you, since I have been unsuccessful in locating the relatives of the deceased. I seek your consent to present you as the next of kin to the deceased as you are also a foreigner (co-incidentally you are sharing the same name with my dead client) so that the proceed of this account valued at (Thirty Three million five hundred thousand united states dollars) minus interest, can be paid to you and then you and me can share the money thus 60% for me and 40% for you. You don't need any experience to do this, I have all necessary legal documents that will prove you as the right and appointed relative of the dead man.

All I require from you is your honest co-operation and full guarantee and assurance that you shall hand me over my 60% in good faith and also assist me in investing some of my share in a lucrative business in your country because I shall come over to your country immediately the transfer is done.

I guarantee that this will be executed under a legitimate arrangement that will protect you from any breach of the law. Expecting to hear from you soonest, by return e-mail to alan.danyel@katamail.com you may alternatively send a fax to this fax number: +27115075635 so that we can commence action immediately.

Best regards to you and your family.

I await your urgent response.

Mr. Alan Danyel
alan.danyel@katamail.com
Tel: 27829348807
 
Here's one that I received today. Just the perfect opportunity, yeah right!

I am Mr. Alan Danyel, a banker who works with a local bank here in South Africa. I am the account officer to a foreigner who is a Citizen of your Country; he worked for the Petrochemical Support Services Company of South Africa.

My client was involved motor accident on the 16th of January 2001 and later that same day he died. Since then I have made several inquiries to your country's Embassy to locate any of my clients extended relatives, but this has proved unsuccessful.

I have also visited your Country in search of his relatives early this year but still could not locate his relations. After these several unsuccessful attempts, I decided to contact you today privately as a total stranger, with hope that you are a reliable and trustworthy person, to help or find a trustworthy individual that will assist and secretly secure the money left behind by my client before they get confiscated or declared unserviceable by his Bank since the mandatory five year waiting period, allowed by South African law, has expired. It is important that my contact be somebody who can in no way be identified with me in order to avoid suspicion of insider dealing from any staff of our bank.

Particularly, the Bank were the deceased had an account valued at about Thirty Three Million Five Hundred United States Dollars has issued me an urgent notice to provide the next of kin or they will have the account suspended and later on confiscated within some working days, this is why I am contacting you, since I have been unsuccessful in locating the relatives of the deceased. I seek your consent to present you as the next of kin to the deceased as you are also a foreigner (co-incidentally you are sharing the same name with my dead client) so that the proceed of this account valued at (Thirty Three million five hundred thousand united states dollars) minus interest, can be paid to you and then you and me can share the money thus 60% for me and 40% for you. You don't need any experience to do this, I have all necessary legal documents that will prove you as the right and appointed relative of the dead man.

All I require from you is your honest co-operation and full guarantee and assurance that you shall hand me over my 60% in good faith and also assist me in investing some of my share in a lucrative business in your country because I shall come over to your country immediately the transfer is done.

I guarantee that this will be executed under a legitimate arrangement that will protect you from any breach of the law. Expecting to hear from you soonest, by return e-mail to alan.danyel@katamail.com you may alternatively send a fax to this fax number: +27115075635 so that we can commence action immediately.

Best regards to you and your family.

I await your urgent response.

Mr. Alan Danyel
alan.danyel@katamail.com
Tel: 27829348807
 
Bob W said:
Maybe professional stock analysts don't know Jack, but I bet money they know more than I do. The report I've seen lists Nvidia at HOLD, with a target price of $24. AMD looks like a better bet at $24-ish, analysts say BUY with a target price of $50.

-Bob
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I just noticed that NVDA is over $30.00 today which would have provided a nearly 50% short term gain since this original post :)
 
invest in your power co. thay usually pay a good dividend,sign up for thier dividend reinvestment plan and just sit back and let your money work for you!good luck.
 
SalemPoor said:
I know a Nigerian political prisoner who has $1,000,000 that needs to be wired out of the country, if you will send your $1,000 as a show of good faith we will wire the $1,000,000 to your account as soon as you provide your bank account information.

You can contact me a SalemPoor@Nigerianripoff.org.
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You got his name wrong. It's Soolymon Getchoobuks. :D

By the way, since I switched to using Gmail (see Google, top of the page) I haven't gotten ANY Nigerian or other scam "offers" like that, nor any spam of any kind!
 
Fixer27 and others, I'd like to make some serious comments now on the question asked about making a small, careful investment. Not knowing much about this subject, I've kicked around much the same question with a couple of my more astute friends who have considerably more money than I will ever think about having. I, too, have a small nest egg that I can't afford to lose, and it's just a bit larger than the grand you were wondering what to do with. It's what's left of a very meager workers comp settlement (they're all meager I think) and I simply can't lose it!

I have not done business with banks for about 30 years now. Instead, I believe strongly in belonging to and supporting a good local credit union. I'm a member of one originally set up to provide financial services to the city and county employees (and their immediate family members) where I live. I've stayed with them a long time because they treat me well. I have the only credit card I use through them (at an outstanding interest rate I might add), I have my checking and tiny savings account with them, and my wife and I've had at least one car loan through them. I also have had my small nest egg in a CD with them. The rates used to be rather pathetic, but it was a little better than a savings account, plus I could know it was safe and far enough out of my hands that I wouldn't make an impetuous decision and blow it. In the past couple of years the interest rate on my CD money has about tripled, which pleases me greatly. Don't ask me why. Ask somebody smarter. Earlier this year as my CD was nearing it's renewal date a wise friend of mine I was discussing this with suggested breaking the CD into a few smaller CDs in case some emergency came up that required early access to part of my money. It had no effect on my interest rate, so that's what I did. I think that's smart.

Someone here mentioned three companies managing mutual funds for lower fees than many others, Vanguard, Fidelity, and T. Rowe Price. I, too, have heard good things about these firms and I would choose among them if I was going to invest in mutual funds. Some years ago I was making fairly good money and my employer then offered us the chance to invest part of our pay before taxes in mutual funds. I honestly don't remember which ones I chose after intelligent counseling at that time, but it paid off for me. I became disabled after investing in two different "tech oriented" mutual funds for only a couple of years, and I had to decide how to withdraw my earnings when I had to quit working. I had invested a lot of my pay in this plan because the IRS was "ripping us a new one" every year anyway and I figured investing as much as I could stand to before taxes would be wise. This was during what has become known as the dot com revolution, or some such term, and I doubled my money. Man, that sure helped out in my first couple of years of dealing with disability!

Excuse me for being long winded here, but there's another aspect of investing that I want to mention. It's what I would call the difference between monetary value and intrinsic value. Maybe it's obvious, but I would say that intrinsic value is what you have when you buy things that are and will continue to be useful to you and/or other folks. Knives are a good example. I have an old street smart friend who invests in what he calls precious metals, meaning good quality firearms. He occasionally turns one and makes money on it or trades for something similar of greater value. He's careful not to cross the line called "dealing" so the feds don't come down on him. It is and will remain a hobby. My point is that buying good guns could be considered a good investment in both their monetary and their intrinsic value because they are both useful and their monetary value is always going up, and it will do so forever as long into the future as I can see.

I'd say that things having intrinsic value include weapons and tools that will help you have a safer and more versatile approach to the contingencies of life. People that are sometimes called survivalists often invest substantial amounts in equipment and supplies to insure the well being of themselves and their families in times of emergency, social unrest, hard times, or whatever you want to call it. An excellent and wise example is the practice of the Mormons of stockpiling a year's supply of basic foodstuffs for their households. I think seeing things like this as investing is very valid, too.

Finally, there's a fellow on the radio (nationally syndicated) named Dave Ramsey who has a financially oriented show. He can be found online at www.daveramsey.com and he has a lot of sound ideas I think. I'm not a big follower of his because we already do most of what he suggests. His main concept is becoming debt free, and I'll let you pursue that if you choose to. Being debt free is a nice feeling. We paid off my wife's new car in just under three years, and we paid off our house in only twelve years, just because we nearly always live simply and frugally. My Chinese buddy who claims to live mostly on tuna and bananas operates the same way. :D
 
J. MacDonald said:
Add a few bucks to that $1000.00 and buy 50 shares of NVDA. It's the company that dominates the gaming industry making 3d video accellerator chips. It's been cyclical but the returns over the last few years have been awesome. It's down near $21.00 a share right now and with the Play Station 3 around the corner is poised for another run up.

YMMV
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We should have listened to you! NVDIA is trading at 37.39.:thumbup:
 
fixer27 said:
There is 1,000 just waiting to be invested, in the simplest manner possible.

Risk is an issue, so is a return comensurate with the risk. So what would be the "best" place to put this sum?

*Stocks
*Mutual Fund
*Bonds
*Something else

Let's hear some opinions!
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Am I to late for this thread and have blown the money already on that Hair Transplant?:eek::D

Well, Here is a way to redeem yourself.


Carbon Credits:D

Here is the Deal, 555 owns thousands of trees and lives with a Credit surplus.

This a opportunity to invest in Carbon Credits on the ground floor and beat the rush.

You can end those sleepless nights of worry about your Carbon output and now have a chance to make things right again with the Algore.:D

Operators (shady) (sospechoso, turbio) are standing by.:eek::D

This ad is by The 555 Carbon Credit Ranch.:D
 
Cougar Allen said:
This is an old thread from 2006. Some of the advice posted here may be outdated.
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Some, But not mine, It is very timely and a good time to get on board.:D

Never mind our Investment Company Logo.:eek::D

F25-bandana.JPEG
 
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