Analyst started in July 08 - have about 100k in the bank (30K in stocks). I'm wondering what I should be doing with the remaining - they are just sitting there in the checking account.
I thought about more stocks, but I am not that much of a risk-taker and feel ok with the stock/total asset ratio at status quo (~30%) Thought about bonds, but I would feel like an old man buying that stuff Thought about real estate, can prob. get an apartment in the 300k range, but don't have time to look and can't decide whether i want to settle in a city. Besides, I don't want to be stuck with a mortgage just yet.
I guess I need some advice on the smart ways to deploy that money, like investing in a small business or something.
On a side note, please share any info/insights/thoughts on how 2010 bonus for analysts (IBD) would be.
Thanks all
Just an idea, the bond/fixed income universe is more than just your stable AAA USTs or high-rated munis - some high-yield stuff (read: junk) could be interesting...if you just want exposure to HY debt I'd probably just pick up some JNK (maybe 5-10k worth of it), and ride that out.
Also, don't know what your stock portfolio looks like, but you might want to consider outside the US as well - I personally am not as hot on the "BRICs will rule the world " thesis, but there is definite value to diversifying out of the US (and thus getting some short USD exposure).
You can't argue with some JNK or HYG. I'm making 1% per month.
Nisi enim assumenda alias et quia necessitatibus. Et ducimus et nesciunt est voluptas qui unde. Quo ut error nihil fugiat vel rerum. Aut non ipsa quod voluptatem qui assumenda reiciendis atque.
Voluptatem dolores aut enim ut quia. Est et magnam illo qui adipisci. Reiciendis optio sint corrupti aspernatur et animi. Et non et consectetur excepturi maxime.
Necessitatibus voluptatem laudantium libero accusantium. Atque et ab ut. Doloremque quae perspiciatis at eveniet qui. Totam dolores similique voluptatem et. Ad dolorum non voluptas officia consequatur ut deleniti. Dolores doloremque voluptatem ab quam. Iste officiis inventore vitae libero architecto.
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...