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)

Comments (64)

 
Jul 31, 2020 - 12:43pm

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.

 
Jul 31, 2020 - 1:14pm

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.

 
  • Prospect in IB - Gen
Jul 31, 2020 - 12:46pm

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).

 
Jul 31, 2020 - 1:19pm

Prospect in IB - Gen:

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).

Really? We all know that Beanie Babies are where it's at. (Hon. Mention for Pogs)

I generally see somebody I know on TV on Bloomberg/CNBC etc. once or twice a week. This sounds cool, until I remind myself that I see somebody I know on ESPN five days a week.
  • 2
 
Jul 31, 2020 - 12:59pm

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.

Money can purchase freedom, if you have the guts to buy it
  • 2
 
Jul 31, 2020 - 2:44pm

fourthyear21:
*Stonks

For classification purposes, not REPE.

Possibly REIT though.

...but is it REPE?
  • 1
  • 1
 
Jul 31, 2020 - 1:30pm

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.

 
  • Prospect in IB - Restr
Aug 1, 2020 - 8:53am

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

 
Aug 1, 2020 - 1:05pm

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!

 
Aug 1, 2020 - 1:05pm

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!

 
Aug 1, 2020 - 1:05pm

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!

 
Aug 1, 2020 - 1:05pm

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!

 
Aug 1, 2020 - 1:05pm

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!

 
Aug 1, 2020 - 1:06pm

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!

 
Most Helpful
  • Associate 1 in IB-M&A
Aug 1, 2020 - 1:28pm

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.

 
Aug 3, 2020 - 3:59am

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.

 
  • Analyst 1 in IB - Ind
Aug 2, 2020 - 12:06pm

Already have a sub and hopefully a skydweller on the way

 
Aug 4, 2020 - 11:53pm

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 :/

Array

 
Aug 5, 2020 - 11:12pm
Array
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