Anonymous wrote:I don't think that this is a good idea, and I am not risk averse. Money you have a very good use for (down payment) is not money you want to be aggressive with. I would never put 30k in high risk investments before buying a house. Put that money in your "inevitable house repairs" saving account, OP.

+1 and I like to take risks too with my money.

If this is your first time hearing about the total stock market index account, keep that 30k away from stocks. You have too much to learn!

I don't think that this is a good idea, and I am not risk averse. Money you have a very good use for (down payment) is not money you want to be aggressive with. I would never put 30k in high risk investments before buying a house. Put that money in your "inevitable house repairs" saving account, OP.

Anonymous wrote:Vegas, baby, Vegas!

Everything on red! -The OP

Anonymous wrote:This sounds like a plan on par with trying to make that money on online poker in that timespan. Of course, with poker, you can count cards and play cards that give you a statistical edge, but at the end of the day it all comes down to luck. It might work out, or you might lose everything.

I consider not learning to count cards as one of my most regrettable missed opportunities. Though who knows what retirement holds in store for me

Vegas, baby, Vegas!

Anonymous wrote:Ugh. Well...ONVO - next 3-5 months looks like they could make strong gains, and it is risky.

Be careful what you ask for though!!

Thank you. Even if I don't invest in it, it's a really amazing company to know about. http://www.organovo.com/

Anonymous wrote:Stick it in Vanguard Total Stock Market Index Admiral Shares.

This is really helpful. Thank you. I didn't realize blended high-risk portfolios like this existed and seems like a great way to dip a toe in the waters.

I wonder how different these answers would be if this was posted on SVUM - Silicon Valley Urban Moms

Well, the Twitter IPO is tomorrow. Always a gamble but who knows, you could get lucky.

I know a starving artist who would love the funds.

Stick it in Vanguard Total Stock Market Index Admiral Shares.

This sounds like a plan on par with trying to make that money on online poker in that timespan. Of course, with poker, you can count cards and play cards that give you a statistical edge, but at the end of the day it all comes down to luck. It might work out, or you might lose everything.

I think it's a crazy plan, but I am fairly conservative. The whole point is that risk/reward are fairly well correlated, at least in the short term.

Ugh. Well...ONVO - next 3-5 months looks like they could make strong gains, and it is risky.

Be careful what you ask for though!!

We have about $30k to invest. We'd like to aggressively manage this money so we can increase the amount we have for a house down payment. (We already have money in a high yielding savings account for this purpose so this $30k would help to increase this amount.) Anyone have success in short-term but riskier investments? Or are we crazy to think that this is even a realistic plan?

In sum, I'm willing to put in the time and energy and research to make this a success. Any resources would be appreciated as well including blogs, books, magazines, videos and training courses. Thank you.