Thread: What to invest 70k in ?
01-24-2019, 04:35 PM
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#61
Originally Posted By MuzzieChik786⏩
Short term: dividends, probably ~2% of portfolio annually, but that will probably increase this year. I minimize dividend yield for tax efficiency, and re-invest.What other equities do you invest in and what's the return you expect? Long term or short term?
Long term: ~5-7% CAGR, standard 80/20 index returns.
It's important to note that short term my portfolio can drawdown 40%, due to a market crash. Equity allocation should be adjusted in line with risk tolerance.
Seehttps://www.portfoliovisualizer.com/backtest-portfoliofor historical analysis of various portfolios.
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01-24-2019, 04:35 PM
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#62
01-24-2019, 04:37 PM
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#63
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Originally Posted By Luc1fer⏩
Thanks, I'll look into it.Short term: dividends, probably ~2% of portfolio annually, but that will probably increase this year. I minimize dividend yield for tax efficiency, and re-invest.
Long term: ~5-7% CAGR, standard 80/20 index returns.
It's important to note that short term my portfolio can drawdown 40%, due to a market crash. Equity allocation should be adjusted in line with risk tolerance.
Seehttps://www.portfoliovisualizer.com/backtest-portfoliofor historical analysis of various portfolios.
Long term: ~5-7% CAGR, standard 80/20 index returns.
It's important to note that short term my portfolio can drawdown 40%, due to a market crash. Equity allocation should be adjusted in line with risk tolerance.
Seehttps://www.portfoliovisualizer.com/backtest-portfoliofor historical analysis of various portfolios.
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01-24-2019, 05:03 PM
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#64
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Most of my investments are index type funds, although they are not open to general public.
Very similar index funds exist like SPY which tracks the S&P.
Iโve been riding the Netflix waves and have done well 2 out of 3 runs and then corrections.
I sold it off awhile ago but WM has always been a fairly stable stock with decent dividends payout. The dividend is not as good since the latest slow run to $95.
If I was not buying index funds and was entering the market now it would be equally split between:
Netflix
Waste Management.
AT&T - 7%ish dividend
Brookfield Infrastructure partnership
Kimco REIT or another REIT that I would research heavily.
If you donโt go the index fund route, you MUST spend some time each week reading about the companies and general market dynamics.
Very similar index funds exist like SPY which tracks the S&P.
Iโve been riding the Netflix waves and have done well 2 out of 3 runs and then corrections.
I sold it off awhile ago but WM has always been a fairly stable stock with decent dividends payout. The dividend is not as good since the latest slow run to $95.
If I was not buying index funds and was entering the market now it would be equally split between:
Netflix
Waste Management.
AT&T - 7%ish dividend
Brookfield Infrastructure partnership
Kimco REIT or another REIT that I would research heavily.
If you donโt go the index fund route, you MUST spend some time each week reading about the companies and general market dynamics.
Originally Posted By MuzzieChik786⏩
I know nothing about these. Been meaning to do so. I have a 401k that the company matches up to 2k a year.
What other equities do you invest in and what's the return you expect? Long term or short term?
What other equities do you invest in and what's the return you expect? Long term or short term?
01-24-2019, 05:11 PM
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#65
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Originally Posted By SconeBulker⏩
Thanks for the info. NothxJeff on the reading. I have textbooks to read, unfortunately.Most of my investments are index type funds, although they are not open to general public.
Very similar index funds exist like SPY which tracks the S&P.
Iโve been riding the Netflix waves and have done well 2 out of 3 runs and then corrections.
I sold it off awhile ago but WM has always been a fairly stable stock with decent dividends payout. The dividend is not as good since the latest slow run to $95.
If I was not buying index funds and was entering the market now it would be equally split between:
Netflix
Waste Management.
AT&T - 7%ish dividend
Brookfield Infrastructure partnership
Kimco REIT or another REIT that I would research heavily.
If you donโt go the index fund route, you MUST spend some time each week reading about the companies and general market dynamics.
Very similar index funds exist like SPY which tracks the S&P.
Iโve been riding the Netflix waves and have done well 2 out of 3 runs and then corrections.
I sold it off awhile ago but WM has always been a fairly stable stock with decent dividends payout. The dividend is not as good since the latest slow run to $95.
If I was not buying index funds and was entering the market now it would be equally split between:
Netflix
Waste Management.
AT&T - 7%ish dividend
Brookfield Infrastructure partnership
Kimco REIT or another REIT that I would research heavily.
If you donโt go the index fund route, you MUST spend some time each week reading about the companies and general market dynamics.
I'll have my husband look into it since he's not in school.
Thus let me live, unseen, unknown;
Thus unlamented let me die;
Steal from the world, and not a stone
Tell where I lie.
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01-24-2019, 06:09 PM
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#66
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Originally Posted By ErnieMccracken⏩
Bingo. A whole generation who grew up in a falling interest rate/debt expansion economic environment advocating real estate when the next 30 years will be a higher interest rate/debt contraction cycle.Everyone always says real estate because it's the easiest for non-financial bros to understand. Long story short, most small time investors are lucky to hedge against inflation and use it as a forced savings account. Not much ROI in most cases and can be a nightmare. That doesn't exactly for your risk profile.
Timing for real estate is horrible right now, anyway. Stay out until it tanks.
Timing for real estate is horrible right now, anyway. Stay out until it tanks.
Low cost index funds. Boring, not flashy but the best bet the little guy has.
01-24-2019, 06:11 PM
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#67
01-24-2019, 06:14 PM
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#68
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lol @ people telling op to invest in r.e ... 70k wont do you sh!t ... check with the junk bonds and high yield investments, make sure the company has a BBB rating at worst ... youll get 7% to 10% per Annam on your 70k...thats almost 500$ every month
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01-24-2019, 06:21 PM
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#69
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Who wants to invest in a misc hedge fund? I will manage it for a 2% fee + 20% of profit (industry standard).
Will strategically invest in fitness trends. 2019 is going to be the year of intermittent fasting, gut health products, and the juiciest crop of insta thots ever.
Will strategically invest in fitness trends. 2019 is going to be the year of intermittent fasting, gut health products, and the juiciest crop of insta thots ever.
01-24-2019, 06:35 PM
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#70
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Originally Posted By Jax05⏩
I wouldnโt invest much of it in bitcoin, but OP you probably should buy 1 bitcoin. Market tanked, good time to buy low and (hopefully) sell high.bitcoin
Then I would buy an oz of gold, and invest the rest in the boring index fund option.
01-24-2019, 06:52 PM
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#71
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Originally Posted By Contribution05⏩
crypto right now is so volatile its like playing roulette ... i believe bc is bound to shoot up[ but not now , and even if it does , itll go up a couple points then fall downI wouldnโt invest much of it in bitcoin, but OP you probably should buy 1 bitcoin. Market tanked, good time to buy low and (hopefully) sell high.
Then I would buy an oz of gold, and invest the rest in the boring index fund option.
Then I would buy an oz of gold, and invest the rest in the boring index fund option.
Cherish your life. Live to tell your story
01-24-2019, 06:55 PM
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#72
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Originally Posted By Contribution05⏩
I chit on crypto as hard as anyone, but I wouldn't be surprised at all if we see moon 2.0 once the stock markets really start to tank soon.I wouldnโt invest much of it in bitcoin, but OP you probably should buy 1 bitcoin. Market tanked, good time to buy low and (hopefully) sell high.
Then I would buy an oz of gold, and invest the rest in the boring index fund option.
Then I would buy an oz of gold, and invest the rest in the boring index fund option.
01-25-2019, 07:26 AM
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#73
- FL_Z32
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Originally Posted By MuzzieChik786⏩
Only $2k a year? That's pretty bad.I know nothing about these. Been meaning to do so. I have a 401k that the company matches up to 2k a year.
What other equities do you invest in and what's the return you expect? Long term or short term?
What other equities do you invest in and what's the return you expect? Long term or short term?
01-25-2019, 08:15 AM
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#74
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First - minimize your debt. If you have outstanding credit card debts or other obligations with high interest, reduce those first.
After that, invest and diversify. Index funds, REITs, individual stocks, real estate, bonds, CDs, etc. can all be good choices, depending on your time frame, risk acceptance and liquidity needs.
After that, invest and diversify. Index funds, REITs, individual stocks, real estate, bonds, CDs, etc. can all be good choices, depending on your time frame, risk acceptance and liquidity needs.
01-25-2019, 08:20 AM
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#75
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Originally Posted By ErnieMccracken⏩
For a portfolio sized at $70,000 I would buy between zero and one bitcoins, leaning closer to zero.I chit on crypto as hard as anyone, but I wouldn't be surprised at all if we see moon 2.0 once the stock markets really start to tank soon.
01-25-2019, 08:25 AM
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#76
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You may want to look into Canadian pot stocks. Yes, they are volatile and trading at concerning price to earnings ratios, but there is definitely room for growth in this industry. You would definitely need to do some research, but if you pick the right stock(s) could be pretty profitable down the line. Not something Iโd want a large percentage of my savings in, but worth some investment IMO.
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01-25-2019, 08:35 AM
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#77
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Same situation OP. Currently have 20k in a goldman sachs account yielding 2.25%.
Already have a SFH 3/2 that is being rented out while I live in the house also. Rent covers my mortgage.
Also have various stocks and index funds. Im 28 and single. Honestly hoping I find a gf and Ill truly be happy.
If not Ill just get a GTR and call it a day.
Already have a SFH 3/2 that is being rented out while I live in the house also. Rent covers my mortgage.
Also have various stocks and index funds. Im 28 and single. Honestly hoping I find a gf and Ill truly be happy.
If not Ill just get a GTR and call it a day.
01-25-2019, 08:54 AM
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#78
Originally Posted By dave1211⏩
https://cardonecapital.comIโve managed to save upto 70k during the last couple of years. Was wondering if the misc could give me ideas on what to invest in. I have already invested in mutual funds but I havenโt really made too much from it.
I donโt mind taking a bit of risk because Iโm still just 26 and unmarried.
I donโt mind taking a bit of risk because Iโm still just 26 and unmarried.
( อก อส อก)
01-25-2019, 09:13 AM
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#79
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Originally Posted By FL_Z32⏩
IKR?! That's what happens when you work for a public org.Only $2k a year? That's pretty bad.
Thus let me live, unseen, unknown;
Thus unlamented let me die;
Steal from the world, and not a stone
Tell where I lie.
2/17/15 - Dunk Tank Results: 15% bf (Omron said 18.6%) - 123.4 lbs LBM
01-25-2019, 12:10 PM
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#80
- cheesemachine
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Easy overview on RE purchases.
Also, there is a lot of speculation concerning a recession in 2019/2020. This is will be caused by a long overdue correction in the market.
Most industries have been pretty bullish since recovering from the 2008 housing collapse, and a correction is due.
S&P
Use "TAKEOFF20" to save 21% at:
CountryClubPrep.com
and
TideandPeakOutfitters.com
01-25-2019, 12:19 PM
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#81
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Originally Posted By MikeEagle12⏩
Thanks for the solid advice brah. Reppeddepending on your location, THIS, tread lightly OP
I always laugh at how many people talk about investing in real estate and try and give advice. In most cases, it's these same people who have never flipped properties, had rentals, or even owned a property. There's too many that live in a fairly land about how someday they're going to be the next real estate tycoon.
Coming from someone who has done both, DO YOU"RE RESEARCH. Over the last 8 years, I've found my investments in various mutual funds and ETFs to often outpace the overall ROI of my investment properties. Not saying to stay away, as it's a great idea to diversify your investments, but you're success in investment properties right now could be highly dependent on you're local market saturation.
I always laugh at how many people talk about investing in real estate and try and give advice. In most cases, it's these same people who have never flipped properties, had rentals, or even owned a property. There's too many that live in a fairly land about how someday they're going to be the next real estate tycoon.
Coming from someone who has done both, DO YOU"RE RESEARCH. Over the last 8 years, I've found my investments in various mutual funds and ETFs to often outpace the overall ROI of my investment properties. Not saying to stay away, as it's a great idea to diversify your investments, but you're success in investment properties right now could be highly dependent on you're local market saturation.
01-25-2019, 12:19 PM
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#82
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I personally think dividend growth stocks are pretty safe long term that gives you consistent returns that will help make sleeping at night easier with markets being so volatile.
screen shot from today
definitely a lot easier and quicker to get into than RE (still a good investment if you do it the right way)
screen shot from today
definitely a lot easier and quicker to get into than RE (still a good investment if you do it the right way)
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01-25-2019, 12:19 PM
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#83
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Originally Posted By FL_Z32⏩
That's around 11% of the $18500 max. That's not bad at all.Only $2k a year? That's pretty bad.
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01-25-2019, 12:22 PM
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#84
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Originally Posted By MillerDecaXC⏩
No debt at the moment brah Iโve finished paying off my tuition fees for my masters and Iโm currently staying with my parents so been saving all this whileNot real estate OP, market is due for a correction, I wouldnt trust those mutual funds at the moment either. Do you have any debt?
My advice: Mostly Savings/CDs and patience.
I currently have around $40k in no-penalty CDs, $25k cash/checking, and only around $17k in the stock market (aside from 401k/RothIRAs).
Waiting for something to crash before I invest. Im slowly paying down debt as well, If nothing crashes then ill just keep paying down debt.
My advice: Mostly Savings/CDs and patience.
I currently have around $40k in no-penalty CDs, $25k cash/checking, and only around $17k in the stock market (aside from 401k/RothIRAs).
Waiting for something to crash before I invest. Im slowly paying down debt as well, If nothing crashes then ill just keep paying down debt.
01-25-2019, 12:25 PM
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#85
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Originally Posted By Jameson11⏩
Iโm looking at something long term like 10 -20 years. Just looking to make as much as possible with this amountWhat is your time horizon? When do you need this money? How much growth are you looking for? What are your intentions with this investment in the future? Gotta ask yourself questions before you take action.
01-25-2019, 12:26 PM
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#86
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if you have
1) taxable income
2) plans to live past 65
then maxing out 401k/IRA contributions is a no brainer starting investment, especially if you get matching contributions. beyond that, look at real estate, index funds, individual stocks, start ups, whatever
1) taxable income
2) plans to live past 65
then maxing out 401k/IRA contributions is a no brainer starting investment, especially if you get matching contributions. beyond that, look at real estate, index funds, individual stocks, start ups, whatever
01-25-2019, 12:32 PM
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#87
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Also, this is a pretty solved question.
1. Contribute to the work-based plan (401(k), 403b,) enough to get the full employer match (the match is like free money, your best possible investment),
2. Pay off high interest debt (a guaranteed high return, the next best thing to free money),
3. Contribute to a Health Savings Account (HSA) if available (unlike many other tax deductions, there are no income restrictions to contribute to an HSA)
4. Contribute the maximum to an IRA, traditional or Roth (or backdoor Roth technique)
5. Contribute the remainder of the maximum employee contribution to the work-based plan
6. Contribute to a taxable investing account
7. Contribute to non-deductible IRAs (may be better than taxable in certain circumstances) or annuities.
1. Contribute to the work-based plan (401(k), 403b,) enough to get the full employer match (the match is like free money, your best possible investment),
2. Pay off high interest debt (a guaranteed high return, the next best thing to free money),
3. Contribute to a Health Savings Account (HSA) if available (unlike many other tax deductions, there are no income restrictions to contribute to an HSA)
4. Contribute the maximum to an IRA, traditional or Roth (or backdoor Roth technique)
5. Contribute the remainder of the maximum employee contribution to the work-based plan
6. Contribute to a taxable investing account
7. Contribute to non-deductible IRAs (may be better than taxable in certain circumstances) or annuities.
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01-25-2019, 12:46 PM
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#88
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Originally Posted By dave1211⏩
invest in my education and ill pay you back bruIโve managed to save upto 70k during the last couple of years. Was wondering if the misc could give me ideas on what to invest in. I have already invested in mutual funds but I havenโt really made too much from it.
I donโt mind taking a bit of risk because Iโm still just 26 and unmarried.
I donโt mind taking a bit of risk because Iโm still just 26 and unmarried.
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01-25-2019, 01:21 PM
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#89
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Originally Posted By sandaltan⏩
This is old advice that we all got as kids. The world is so much different now. Most millennials will never sniff retirement, and if they do, the very first health problem they encounter will bankrupt them within a year. It's already happening to boomers. This whole squirrel away your money and live like a peasant mantra needs to die. Reminds me of the food pyramid nonsense we all learned in school.if you have
1) taxable income
2) plans to live past 65
then maxing out 401k/IRA contributions is a no brainer starting investment, especially if you get matching contributions. beyond that, look at real estate, index funds, individual stocks, start ups, whatever
1) taxable income
2) plans to live past 65
then maxing out 401k/IRA contributions is a no brainer starting investment, especially if you get matching contributions. beyond that, look at real estate, index funds, individual stocks, start ups, whatever
In the future, your financial success hinges on the ability to generate multiple, diverse revenue streams from non-traditional vehicles. CASH FLOW is king. If you are starting with a small pile of money like op, he's never going to get there eeking out a few percent/year until a catastrophic event wipes him out (ask me how I know). The cost of everything is going up and corporate America isn't interested in paying higher wages.
01-25-2019, 03:01 PM
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#90
Originally Posted By ErnieMccracken⏩
So cash flow from dividends doesn't count?In the future, your financial success hinges on the ability to generate multiple, diverse revenue streams from non-traditional vehicles. CASH FLOW is king.
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