Investing unemployment funds?

[ANOTHERDAY]

Just was laid off a couple weeks ago via construction. For the first time I will be getting unemployment weekly in the amount of $405. I will be getting this for 26 weeks. Any info on investments? I'm 32 and single. Thanks all:howdy:

 

[DayTraderNation]

dude dont you have bills to pay?

 

[ANOTHERDAY]

dude dont you have bills to pay?

Yes I do, but I have saved from working 60-72 hours a weeks. Union scale pays very well. Looking to use approx. $250 per week for investment.

 

[D2bets]

So you were well paid and didn't invest. And now you're getting a much smaller unemployment check and want to invest it? Save it. Cash. What happens when you run low on cash?

 

[desrat]

What D2 said. Keep it in Cash. Ladder out some 6 month CDs. Do not put anything at risk right now.

 

[ANOTHERDAY]

Thanks guys. I was told many years ago to have cash and nothing but:money:

 

[155mph]

don't forget to do some side work:aktion033