Sep 30, 2007 10:59 pm
I want to invest in renewable energy.
If you're interested in building a renewable energy source, but lack the funds, then post. I'm looking for someone who is doing this for the planet, and is therefore willing to reinvest the savings that occur back into the renewable energy market, possibly in a way similar to what I'm attempting right now.
I am on a government check because of illness. I also live with my parents because of the same illness. I get a small paycheck from working at a fast food restaurant, but because of my low rent and my frugality, my net worth tends to slowly increase.
The problem is that I've been told that if my bank account goes above $2000, or my net worth goes above $5,000, I'll lose my government check. While, I'd love to be able to live independently from government handouts, my Medicaid will probably go away at the same time that my government check goes away. I would then be in a situation where my net worth would plummet, and I'd be back down to nothing in six months to a year.
You see my dilemma. If I buy stocks or bonds, the value is just moved around a bit, and if I choose to "waste" my money on expensive stuff, then I'd basically have to lie to the government(I'm a horrible liar) to keep my check.
The way I'm trying to do it here, I'm a little better off. Of course, my dad will act like it's the most moronic thing in the world, he thinks I should invest it in his name and let him keep it for me, which I think is immoral, but hey everybody has an opinion.
Obviously, there's a lot of stuff I need to consider for this, but first I want to "gauge the temperature" of others.
So, what do you think?