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!!
I’ve made a lot of money over the years and feel confident I can give you a sizable return.
Do you have the ability to wire monies to Nigeria?
Seriously, that kind of money can be invested quite well in a number of mediums but there are several factors to consider.
How quickly would you like to see a return?
What will you do with the return?
Why?
If you don’t need the money today how long can you let it work for before taking a portion of the profits and leaving the rest to continue working for you?
Or would taking the whole amount of whatever the return be your goal?
Why?
Invest all your money into Garfield posters.
Don't seek direct investment advice on Free Republic.
Or, put another way: Do you want to know how to make a small fortune? Start with a BIG fortune and then seek investment advice on an Internet forum.
Send it to me and I’ll take care of it. Seriously, congratulations, and I hope you find some options.
Me!!!
Invest it in meeeeee!!!
:)
Fill a shoebox with 1000 $100.00 bills and send it to your Uncle Slayton.
I will send you the exact mailing address in freepmail.
As as added bonus, I will pay for the postage.
To be honest Vendome, I’d like to make the most money on it possible, as quickly as possible! LOL
Really though, I don’t need it desperately anytime soon. I
d ideally look at a 5-10 year window.
I’ve been reading and reading financial articles, and books on investing. But I feel that what’s happening today with the money supply is so strange, that it makes be feel that conventional strategies might not be applicable.
But I’m not confident in that conclusion!
LOL!! Hey, I've read alot of threads on financial topics here, and I think there are some pretty smart people. And I've read lots of websites, and several books on investing. But am really confused by the current macro-economic picture. I might just be inexperienced, but it feels like something unprecedented is happening in the world right now. I'd like to know what folks on this forum (free, stable, conservative, but eyes-open) would do, as part of my research. :)
My investments are long range for retirement (choose a reputible financial planner).
Short term is not an option for us.
Giving the direction our government is taking us, I’m debating on whether it’s better to keep our investments or just spend everything while we still have it.
I hear ya!
>> But am really confused by the current macro-economic picture.
Don’t feel like the Lone Ranger. Even the so-called “experts” disagree vehemently. Too many “what ifs”.
Personally I like carefully chosen US equities — profitible, cash-rich companies that pay a dividend — and I’m also investing in a small farm, which is as much a lifestyle change as an investment.
But that’s just me and my preferences. Many here will disagree, and I don’t claim to know just how the big economic picture will unfold.
Then again, I’m laying up my *real* treasure where moths and rust don’t corrode, and thieves don’t break through and steal. If you know what I mean (and I think you do).
FRegards
>> Fill a shoebox with 1000 $100.00 bills and send it to your Uncle Slayton.
I’m curious: will that much money FIT in a shoebox?
You sound like a guy who has experience with large amounts of cash packed in a cardboard box. :-)
Amen. Thanks for the thoughtful input.
Excellent for you. Bank savings account is insured to 100K, but you will have to report it to the IRS
“I’m paralyzed, but need to do something with it.”
What is the degree of your paralysis, if I may ask? Are you mobile and independant?
I’m no financial wizard by any definition of the term, but DO NOT turn it over to your ‘friendly banker’ and let them manage it for you. Believe me, please! We learned that lesson the hard way with over 300K. Never again.
I’d pay my monthly bills ahead for the next five years and use the rest to make myself as comfortable as possible. Have fun and do the things you always wanted to do.
Good luck.
Hi Panax, thank you.
I’m paralyzed mentally with deciding what to do with the money — physically, I can still run around! :)
I do have it in the bank currently — may I ask what happened with the 300K you referred to?
I suggest a fee-based investment manager. This is someone that takes a small percentage of your money each year as compensation. The manager benefits from increases in the value of your portfolio, not commissions for trading in your account. There are many with national reputations. Check around.
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