Quote:
Originally Posted by mcmarky
I like to think of myself as a smart guy, but i am bad with money. i am very cheap and keep it all in my checking accounts.
Tell him NO, that this is outside your level of risk preference, and that you are just going to put your money in bonds.
Because, if you do go this route, you are going to inevitably stay up all night worrying yourself to sleep. This is not something you need to pursue while you're deployed.
Also, profitable real estate moguls don't need investors.
Quote:
Originally Posted by Bluegrassplayer
[*]Any other information you might have that would help us
Living in China at the time to save up money with my mediocre poker skills. Would love to invest as much as possible while games are still good then hopefully retire from poker with a solid amount of money in the bank and look for a reasonable job.
I spend around 10k a year. Made 50k this year so I have 40k to invest. I currently have about 50k invested into Lenovo, Microsoft, Disney, and a mineral mining company which I can't think of for the life of me and I'm about to get on a plane.
Thanks for the help.
DIVERSIFY. Two tech, one media, and one mining, probably all US-Based? Get some consumer staples (I like Hormel Foods and Philip Morris), to start. Then consider buying an international stock (I like TEVA Pharmaceuticals).
Last edited by Dies Irae; 09-24-2010 at 04:43 PM.