Thinking about investing

Vivi

Great INUH. Yeah, a new game that I won't be able to play because my computer sucks and I can't play a console version because I don't have a console.

MadassAlex

Let it sit around until you've got more money to keep it company. And so on and so forth.

It sounds to me as if you want to spend this money to fill some sort of gap. If you can't think of anything to do with it, sit on it. Don't fret. And something you want might just hit you.

Vivi

I already said the 100 will not increase Alex.

ClockworkUniverse

Seriously, though, there will be a point at which you want to buy something.

If you spend the money now, you won't be able to buy that thing you really want later, because you spent ages trying to find something you sorta want now.

^That doesn't mean it's the last money you'll ever get.

Bastion

If you can't think of anything you want now, hold onto it until you can find something you want. If you just throw it away on the basis that you have $100 on you, when something you really want comes along, you'll regret it.

MadassAlex

^^^ That's really up to you. I know jobs aren't particularly easy to get right now, but you could try selling stuff you don't want on eBay or something.

^ Not to mention that the attitude of spending money due to having it isn't a particularly wise one. 

IanExMachina

Deferred gratification and delayed gratification denote a person’s ability to wait in order to obtain something that he or she wants. This intellectual attribute is also called impulse control, will power, self control, and “low” time preference, in economics. Sociologically, good impulse control is considered a positive personality trait, which psychologist Daniel Goleman indicated as an important component trait of emotional intelligence. Moreover, people who lack the psychological trait of being able to delay gratification are said to require instant gratification and might suffer poorimpulse control. The Stanford Marshmallow Experiment indicates that good impulse control might be psychologically important for academic achievement and for success in adult life.

Vivi

I know what it is Ian.

ClockworkUniverse

^Did you read the last sentence of that?

Vivi

Well, I don't have academic achievement, so I guess it makes sense.

IanExMachina

Well my link didn't actually explain so I thought I'd copy paste the starting paragraph.

I mean it wouldn't make as much sense if you were given 100 dollars frequently, as your cash flow would be higher.

Otherwise saving it for  real need/emergency is a safe bet and all the stuff in the link as well.

Malkavian

This discussion reminds I should pre-order the next Haruhi book.

Vivi

I fucking hate not having a job.

Malkavian

inorite.

ClockworkUniverse

Argh, I'm going to have to start job-hunting soon...

IanExMachina

I'm currently job hunting.

It is just depressing

RedEyedAbyss

I remember when the faculty heads promised that the recession would be over when we graduated.

PrincessApricot

Good plan: Invest in gold.

Excellent plan: Cause the stock market to crash with a cleverly worded hoax, buy a shit ton of wall-mart stocks, then wait for them to recover. For bonus points, work as a police officer so you can crack down on all the brand new poor people who are using drugs to escape depression.

I may or may not have contemplated how to execute the latter plan via metagame analysis and social engineering studies. It was going to be a research paper project, but sadly we weren't allowed to use our own research.