How to invest all my cash? (All-in on dividend stocks at this point?)
So I'm an AN1 thinking about how to invest my cash (over 100K) outside of the obvious Roth IRA/401k.
Yes, I know I'm very young and my time horizon is long and therefore the most logical thing is an S&P index fund like VTSAX, can't time the market, dollar-cost avg, etc etc....BUT
I'm seriously concerned with this market. I don't care how long my time-horizon is, the thought of having to essentially lock away this hard-earned cash for a decade or more to recoup what was lost in the event of a downturn is horrifying and frankly I feel a waste of time with your capital with so many opportunities out there.
Sure, you can't time anything in the market, but their seriously has to be better way then dumping my 100k into SPY, VTSAX, or whatever at these levels.
Currently thinking about just putting it all in a portfolio of high dividend payers like MO, BTI, T. I'm honestly not sure how this all works though in regards to taxes, insulation in the event of a market recession, and how to even go about choosing these stocks. Feel like there is more risk to going all in a few equities regardless? I'm happy to hear more on anyone's opinions regarding this.
In short, I'm really just looking for something out there that doesn't put me on the path of jumping in on equities after everyone else has already enjoyed 12 years of unprecedented wealth gain.
Please any insight would be greatly appreciated thank you.
ETH ETH MOTHERFUCKER
I mean interest rates is the only thing that can kill this market and if they increase, wouldn’t dividend stocks get crushed? Just spy and forget about. I’ve lost A LOT of money every time I try to get creative (cough* eth)
If you had bought it before April 2021, you wouldn’t have lost money. FOMO much?
Yup - bought some earlier then went all in
Yeah so that's what I was wondering pretty much on just how insulated dividend stocks are to getting crushed like everything else. I would think they wouldn't be as affected? It's just hard for me to pull the trigger on SPY at this point. Everyone else has had some immense growth these last few years and here I am jumping in just now, I'm probably buying what they even may be selling honestly.
Maybe consider a TIPS ETF.
Honestly just copy Nancy Pelosi
Impossible to lose if you do this
What platform do you guys use to invest? Do you have anything to recommend? Ideally I’d like to have everything (bank account and investing) in a single place.
Robinhood ofc
Banking and investing, your best bet might be Schwab. I use it and honestly have no complaints.
thanks, do you use the "Schwab Bank High Yield Investor Checking® Account linked to Brokerage Account"?
Are you able to receive your salary on it?
VGT, QQQ, KKR, BX are all things i invested in with great returns
I am currently short KKR and BX. They’re just straight up disrespectful of capital...going to zero if you zoom out enough
Following
Following
hookers and cocaine. if your bout that life
*you're
so much for models and bottles. you kids make me feel old. im 24
Send all your money to $hellcatmeplease
Honestly, if you already know you won't be able to resist through a downturn, just contribute whatever you can to tax-free schemes you have available (here in UK it's ISA etc) since you are already starting with a significant upside, and then put the rest in some kind of guaranteed deposit that will probably give you something abysmal like 0.5% per year if you lock your money. Better than staying cash and honestly in the current market any asset class could go to shit any day.
Obviously this method is not advisable looking at historical performance and finance knowledge, but you do you. Even if you are very risk averse you can still get exposure to S&P500 with a sum you would be comfortable having locked up for a long period of time.
Like Peter Lynch once said "timing the market rarely, if ever, pays off"
Itaque sunt tempora qui odio. Veritatis dolorum ipsa repellendus. Occaecati nisi error enim voluptatibus. Quasi totam sed qui sed sint tempore.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Impedit dolores quas et dolore. Dicta minima vel suscipit voluptatem odit. Corrupti illum eligendi quibusdam est. Numquam repellat omnis nemo qui.
Est iusto minima et recusandae. Quo aut nihil in perspiciatis eos eos est. Quis id dolorum possimus maxime cum in.