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!!
Purchase a heavy duty tin can, put the money in and bury it...
Just burn the money and you’ll be about as well off.
Looking around the world at all of the countries with huge debt and it makes you realize that only one way exists for paying for that debt: Printing more money. That of course is just another way of saying “go bankrupt.” All of the investments consisting of paper money will eventually be worthless. You may not make any real profits with real goods but the best option may be to not lose it all.
For short term gain, try RGR - Sturm Ruger.
For SHTF investing, with the expectation of high inflation, try VIPSX (a Vanguard fund). I’ve done well with this fund.
As far as fund investments, I look at the charts to see what they did during the 2008-9 period.
Pay off any and all debt, from credit card debt to student loans.
Pay off your mortgage if you have one.
Stock up, with an emergency reserve of food, water and necessities.
Terrible advice. DO NOT buy guns as an investment. I've been collecting firearms for forty years and unless you find a poor widow with her dead husband's gun collection, you'll not make any money. Gun owners are too savvy re gun prices thanx to the internet. And based upon your (the OP's questions) you'll have too steep and expensive a learning curve.
Sorry, but I can't tell you how to invest your money other than to emphasize against buying guns or cars or barbie dolls as investments.
Sorry if you haven't done well - but the guns I bought during previous years have always brought an excellent return on my investment. Are you trying to tell me that you lost money buying pre-64 Winchesters or Lugers or Broomhandle Mausers? What the heck were you buying?
Very helpful, thanks. I’ve followed your posts on other topics for a while. Really appreciate your taking the time.
On silver, do you have any opinion on coins vs. bars?
LOL - true. The nice thing about real estate is that you can leverage the money into alot more debt, and interest rates are very low. But.... deflation is still a scary possibility.
Thanks for the reply. I’m leaning toward REAL stuff too.
The ‘market’ is not acting like a market right now. Everything — earnings, macro economic data, etc — seems secondary to rumors of what central banks will do. Barring central bank intervention, I’d short alot of things right now....but they could intervene! :)
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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