Have $100k in liquid assets, where to invest?
Just got my sign on bonus and made a good amount of money in college trading/e-commerce and signed with an EB that pays insane bonus. Equities are overvalued and debt doesn’t have any yield. Where should I invest my money?
Parents also paid for my whole college experience (thanks mom & dad)
You know what time it is
I was actually thinking of buying a few income properties but managing them while working in banking sounds horrible
Depends on where you are - in a lower COL area you might be able to snag a multi family with some reasonable cash cushion for repairs, upkeep, issues, etc. Where I am, market is screaming right now. Things are flying off - anything with a cap rate that's >0 in decent shape is snapped up. Even those that aren't in great shape, also snapped up.
Your issue will be getting a property that can deal with all the expenses you will be paying up for. More hands off = more carrying costs. Paying contractors, managers, etc. Will squeeze down the margin.
My last advice is to be realistic - know what you can afford, and keep a significant cash cushion. You'll need it.
One of my family members manages a combination of rental properties and commercial real estate. It’s a full time job. Maintenance is a constant headache and hiring a property manager squeezes your margins unless you have scale. I’m sure there are exceptions to this rule but this is what I’ve witnessed.
Outsource the management.
First year analyst in IB and manage 2 properties (3 units) and its definitely possible, just need to have things set up prior to starting to make your life as easy as possible. I.e. auto deposit rent etc.
Biggest mistake people make when doing things like this are not checking into the tenant rights laws for the state/region before diving in. Evictions and whatnot for shithead tenants are a nightmare for landlords in some states.
Follow El Presidente
Put $10K on bitcoin for fun, it has already fully recovered from the March dip that affected all financial markets and is currently going up (+16% since July 26).
Yea definitely don't do that
Really? We all know that Beanie Babies are where it's at. (Hon. Mention for Pogs)
You looking to purchase a home 1 day? Could be your downpayment fund. I'd keep at least 20k in cash for easy access. Maybe throw some in the stock market. You say it's overvalued, but we all know stocks only go up.
*Stonks
For classification purposes, not REPE.
Possibly REIT though.
Stay in HY interest cash accounts, economy will tank when the government stops sending money on a monthly basis.
If not considering real estates, I would just put them in some investment grade corporate bond and some equity index for now if I were you since people owrking in IB probably won't have time to manager their own portfolios. Equities will go down more someday and then buy more at the dip.
lol @ being 22 with an huge investment horizon and saying broadly equities are overvalued
Throw it all in LVGO calls thank me later
My good friend Mr. Barry McKockiner was able to 10x my money within a year. I highly recommend his services. You can reach him on Instagram @hugefaggot69
Laughed at this way more than I should have
Well, seen as how shit the US economy is at the moment, it would be wise to invest in physical safe haven assets like Gold. Put your money into gold and mining stocks for the long run, maybe a gold etf like van eck or vanguard ones should play out well. Also, if you want to trade, take advantage of the tech bubble that is going on right now, so apple, Microsoft, zoom, that sort of thing. PayPal and Shopify are both on a huge climb that has been going on since the start of the year and wasn't affect by bloody march, so that could be an option too. Hope this helps!
Well, seen as how shit the US economy is at the moment, it would be wise to invest in physical safe haven assets like Gold. Put your money into gold and mining stocks for the long run, maybe a gold etf like van eck or vanguard ones should play out well. Also, if you want to trade, take advantage of the tech bubble that is going on right now, so apple, Microsoft, zoom, that sort of thing. PayPal and Shopify are both on a huge climb that has been going on since the start of the year and wasn't affect by bloody march, so that could be an option too. Hope this helps!
Well, seen as how shit the US economy is at the moment, it would be wise to invest in physical safe haven assets like Gold. Put your money into gold and mining stocks for the long run, maybe a gold etf like van eck or vanguard ones should play out well. Also, if you want to trade, take advantage of the tech bubble that is going on right now, so apple, Microsoft, zoom, that sort of thing. PayPal and Shopify are both on a huge climb that has been going on since the start of the year and wasn't affect by bloody march, so that could be an option too. Hope this helps!
Well, seen as how shit the US economy is at the moment, it would be wise to invest in physical safe haven assets like Gold. Put your money into gold and mining stocks for the long run, maybe a gold etf like van eck or vanguard ones should play out well. Also, if you want to trade, take advantage of the tech bubble that is going on right now, so apple, Microsoft, zoom, that sort of thing. PayPal and Shopify are both on a huge climb that has been going on since the start of the year and wasn't affect by bloody march, so that could be an option too. Hope this helps!
Well, seen as how shit the US economy is at the moment, it would be wise to invest in physical safe haven assets like Gold. Put your money into gold and mining stocks for the long run, maybe a gold etf like van eck or vanguard ones should play out well. Also, if you want to trade, take advantage of the tech bubble that is going on right now, so apple, Microsoft, zoom, that sort of thing. PayPal and Shopify are both on a huge climb that has been going on since the start of the year and wasn't affect by bloody march, so that could be an option too. Hope this helps!
Well, seen as how shit the US economy is at the moment, it would be wise to invest in physical safe haven assets like Gold. Put your money into gold and mining stocks for the long run, maybe a gold etf like van eck or vanguard ones should play out well. Also, if you want to trade, take advantage of the tech bubble that is going on right now, so apple, Microsoft, zoom, that sort of thing. PayPal and Shopify are both on a huge climb that has been going on since the start of the year and wasn't affect by bloody march, so that could be an option too. Hope this helps!
Okay nigga. We got it the first time.
LMFAOOOOOOO
What the fuck happened to this thread..
Thanks DongRevealer!
Where would it be wise to invest seen how shit the US economy is at the moment?
Set aside ~9-12 months of expenses as an emergency fund - lay-offs and burnout are real. That'll set you back ~$30k min., mostly dependent on your rent. You'll need to put a deposit down for a nice flat, that'll be another $3-5k. Now you have $65k left. You probably need to upgrade your wardrobe a bit for when you start working (1-2 suits, dress shoes, ~5 shirts, a tie or two), that'll be another ~2-4k dependent on your taste. Fill-up your holiday fund for the first year so you're always a year ahead on it and never have to worry, can just repeat from there (~$6-8k).
Now you have ~$55k left. Take that money and drip it into the market slowly by ~$5k per month for the next year or so; top it up with any additional savings if you manage to get there. Either the choice of going all-in now or staying on the sidelines is shortsighted, or your should become a trader if you're so sure about your assessment and make a few milli. Would suggest to target at least 70-80% index funds and the rest in stocks you like if that's something you enjoy being involved with. Otherwise just dump all of it into index funds and don't think about it anymore.
What are the best index funds to invest in?
For the market in general look at $VTSAX.
If you want to go more tech heavy (which is where a lot of the current growth is coming from, i.e. WFH, entertainment, payments, e-commerce) then I'd look at $VGT and $XLK (both have ~40-45% combined across Apple and Microsoft).
If you want to go more heavy into ecommerce, $FDIS has ~35% AMZN. Do keep in mind most e-commerce ETFs are consumer discretionary indexes, meaning you won't get the same exposure to tech.
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Aerotyne International is a cutting-edge tech firm out of the Midwest, awaiting imminent patent approval on a new generation of radar equipment.
Ether ... Bitcoin .... The Train has left the Station
Already have a sub and hopefully a skydweller on the way
this thread is so stupid, you're 22 stop overthinking shit buy a basket of 15-20 quality equities on 1.5x margin and be done with it. You'll be happy when you're 25-27 and want to buy a house
Buying on margin is idiotic.
yeah buying shares of things like JPM, AAPL, etc on margin @ 1.5-2% interest is so idiotic!!! Please manage my money I'm clearly doing it wrong
Crab Chiggins showed my how to triple my money in a week using binary options
Imagine saying equities are overvalued. Most of the "recovery" has just boosted the high market cap stocks in the NDAQ 100, there's literally tons of opportunity out there. Defense and Manufacturing will literally never go away, I'd say throw half your money into RTX, HII, LMT, SPR, BA, etc. and the other half into whatever you want. Wait 5 years and then tell me if I'm wrong. You can try to time the bubble too, but that usually doesn't work out too well :/
Huge sign on cash bonus? You could have just said Jeffries
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