Posted on 07/03/2012 1:18:55 AM PDT by servantoftheservant
Would appreciate advice from all investment minded Freepers! I've recently come into $100K, and am at a loss as to how to invest it.
The stock market seems to be a lottery of policy rather than market forces. Will there be inflation or deflation?
Buy real estate while it's low? Sink it into Precious Metals? Emergency supplies?
I'm paralyzed, but need to do something with it. Would love to hear what the resourceful people here would do. Thanks for all your ideas!!
LOL!!
Thanks for your reply. It may surprise you, but I know a bit about personal finance. I’ve got a retirement plan, a few properties, and have day traded the stock market for the past 8 years. I’ve also spoken to quite a few financial professionals.
To be honest, I feel that no one, including financial planners, knows what’s going to happen. We are in a wacky time with the debt/money supply increasing as it has in the last few years, and there a wide range of possibilities from deflation/depression/default to inflation/hyperinflation that could happen.
It’s clear I need to make my own decisions. Getting some advice from others on FR doesn’t make me a credulous simp who will whatever anyone says. FREGARDS
Thanks. I’ve resisted the ‘stock up / survival’ urge up until now. But I’m probably going to put a chunk of the money into emergency / zombie hunting supplies.
Excellent advice.
My husband and I “invested” in the mortgage payoff, with a rate of return equal to the interest rate we no longer have to pay.
Long term, guns and ammo are probably good investments, to ensure that you have some and a few to trade.
Glad to learn you are on top of your finances. Since you didn’t disclose the extent of your financial knowledge in your post, I assumed that you know little to nothing about investing.
If you don’t need the money for seven to ten years, then I would dollar cost average the money into conservative mutual funds over a twelve to eighteen month period. I like the Vanguard Wellesley Fund for income and dividends and the Vanguard Total Stock Market EFT Fund (VTI) for diversified growth. The big concern about any fund that is owned outside of a retirement fund is the possible increase in the tax rate in dividends if Congress can’t get its act together. Good luck.
Further, the original poster has $100K he wants to invest immediately. Your suggestion that he (an absolute novice) invest in guns (something he knows nothing about) is not only stupid, but reckless.
Stop posting. You're embarrassing yourself. Buy hey, you have a nice day, you hear?
I recently completed my third ungrad degree, this time in business w/an accounting major. I got into this exact conversation with my Advanced Accounting prof. He said he pulled all his money out of the stock market and put it into a money market account until the economy/market becomes sane again. I had already done the same thing.
My money market account pays only nominal interest, but it sure behaves a lot better than my stock market portfolio was doing. I hate roller coasters.
I also had (in 2005) had gotten my real estate license in order to start flipping real estate. Then the real estate market adjusted.
These are crazy and unprecedented times.
I have easily beaten the stock market's rate of return over the last few years - which most anyone can if they seek expert help and invest in good-quality non-plastic firearms.
I heartily hope that I never meet you at any gun shows; I can guarantee that I'd never sell you any of mine.
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