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Old 09-06-2005, 02:48 AM
Uglyowl Uglyowl is offline
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Join Date: Nov 2002
Posts: 66
Default Re: 2k to spend, what should I do??

You aren't going to be able to spread the wealth with stocks with $2K as transactions costs will kill you.

You could invest in something like this, moves twice as much as the sector it is following:

ProFunds UltraBull Svc (ULPSX)

ProFunds UltraBull Fund seeks returns that correspond to 200% of the performance of the S&P 500. The fund normally invests a substantial portion of assets in investment techniques including stock index futures contracts, options on stock index futures contracts, and options on securities and stock indexes. It may also invest in securities that are expected to track the S&P 500. The fund seeks to achieve its correlation with the S&P each trading day. "This fund is non-diversified."
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