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The "I have XX money to invest, where should I put it?" Thread The "I have XX money to invest, where should I put it?" Thread

10-02-2010 , 09:50 PM
As a client advisor in Aus, im able to help people invest. I have just created a thread regarding what myself and my company do and would be happy to help people. Being of a poker- orieted mindframe, i am a big advocate of performance/ the rationale of any investment speaking for itself.

PM me if you have any questions, im happy to help. Not trying to derail thread, just looking to provide assistance.

Jonathan.
The "I have XX money to invest, where should I put it?" Thread Quote
10-07-2010 , 03:07 AM
I have about $5000 to put into a CD. can someone point me to the right bank/ online bank to do it at?
The "I have XX money to invest, where should I put it?" Thread Quote
10-07-2010 , 07:53 AM
A local bank, because the difference in 2% and 2.2% is going to be a few dollars.
The "I have XX money to invest, where should I put it?" Thread Quote
10-10-2010 , 01:33 AM
Quote:
Originally Posted by wifebeater123
I have about $5000 to put into a CD. can someone point me to the right bank/ online bank to do it at?
Quote:
A local bank, because the difference in 2% and 2.2% is going to be a few dollars.
The internet is more local, and I don't see how it's not worth it to do 10 minutes of research to make a few more dollars. That's less time than it would take to drive/walk to your local bank and roll the dice on their rate.

http://www.fatwallet.com/forums/finance/682884/
The "I have XX money to invest, where should I put it?" Thread Quote
10-10-2010 , 01:52 AM
what if I just want to gamble?

country: US
income: about $100/month
expenses: about $50/month
$ to invest: $500
risk tolerance: unlimited
debt: none
will to live: none

I have 5 hundo to throw down on something +EV and extremely volatile and it really doesn't mean **** if I lose it all. Don't tell me to take it to a casino or internet poker cuz that's lamers.
The "I have XX money to invest, where should I put it?" Thread Quote
10-10-2010 , 04:27 AM
Quote:
Originally Posted by Ron Burgundy
The internet is more local, and I don't see how it's not worth it to do 10 minutes of research to make a few more dollars. That's less time than it would take to drive/walk to your local bank and roll the dice on their rate.

http://www.fatwallet.com/forums/finance/682884/
I recommend visiting your local bank's website, but I would definitely keep my money local if the rate is competitive, because that money goes directly back into your local economy in the form of loans.

Quote:
what if I just want to gamble?

country: US
income: about $100/month
expenses: about $50/month
$ to invest: $500
risk tolerance: unlimited
debt: none
will to live: none

I have 5 hundo to throw down on something +EV and extremely volatile and it really doesn't mean **** if I lose it all. Don't tell me to take it to a casino or internet poker cuz that's lamers.
Buy TBT.
The "I have XX money to invest, where should I put it?" Thread Quote
10-12-2010 , 05:56 AM
Its good thing you have a better investment. Here is also another service provider who will help you to get m0oney with your small investment. Its providing Penny Stocks investment. Log on to the website to access more.

ninjapennystocks.com
The "I have XX money to invest, where should I put it?" Thread Quote
10-12-2010 , 11:34 PM
Does anyone reply to these? Doesn't seem like it.
The "I have XX money to invest, where should I put it?" Thread Quote
10-13-2010 , 10:35 AM
buy tesco (food retailer) shares listed on the FTSE, they are taking over everything and have a HUGE property bank. They posted record quaterly profits during the recession and have a looming presence in asia. They are struggling in america but once problem is ironed out they will be unstopable. BUY for a 3-4 year pop imo.

Good comparison would be to wal-mart in it's infancy.
The "I have XX money to invest, where should I put it?" Thread Quote
10-14-2010 , 03:24 AM
Quote:
Originally Posted by droidd
Does anyone reply to these? Doesn't seem like it.
mostly spammers I guess.
The "I have XX money to invest, where should I put it?" Thread Quote
10-17-2010 , 12:41 PM
I would think the answer to every post would be:

buy equity and fixed income index funds
The "I have XX money to invest, where should I put it?" Thread Quote
10-19-2010 , 10:47 AM
Quote:
Originally Posted by sinner
I would think the answer to every post would be:

buy equity and fixed income index funds
Now would be the time to buy equity since the market is down (assuming you believe that the market is in recovery mode and won't double dip). As for FI Index, same thing - if you think the market is going up, probably not a terrible thing since its indexed. In Canada, I'd prefer dividend funds though, since they're taxed at a favourable rate + opportunity for capital gains now since market appears to be in recovery mode. Fully taxed income ftl.
The "I have XX money to invest, where should I put it?" Thread Quote
10-19-2010 , 04:44 PM
Country you live in : England
Income : $1k-$2k a Month
Risk Tolerance : Medium?
Timeframe for investment: Any
Debt: None
Any other information you might have that would help us:

I currently have $25k in the bank, and wanted to invest maybe $10k.

Could someone in this field explain to me what I should do? What kind of research should I go about doing. I'm only 17 and I think you need to be 18 so in 7 months I'll turn it. I just want to be ready =]

Thanks.
The "I have XX money to invest, where should I put it?" Thread Quote
10-20-2010 , 10:06 AM
Quote:
Originally Posted by 2plus2equals4
Country you live in : England
Income : $1k-$2k a Month
Risk Tolerance : Medium?
Timeframe for investment: Any
Debt: None
Any other information you might have that would help us:

I currently have $25k in the bank, and wanted to invest maybe $10k.

Could someone in this field explain to me what I should do? What kind of research should I go about doing. I'm only 17 and I think you need to be 18 so in 7 months I'll turn it. I just want to be ready =]

Thanks.
It depends what your goals are. Are you saving for a major purchase (car, house, school)? Are you looking to start saving for retirement (really long term at this point, but maybe you're really baller)? What financial commitments do you currently have? What's your average income? 1-2k is a pretty wide margin, and a more accurate estimate of your income really impacts the level of risk you can take.
The "I have XX money to invest, where should I put it?" Thread Quote
10-21-2010 , 10:16 PM
Quote:
Originally Posted by sinner
I would think the answer to every post would be:

buy equity and fixed income index funds
I think the answer should be never to buy an index fund. You would be much better off with stocks that Warren Buffett owns or Bill Gates Foundation owns.
The "I have XX money to invest, where should I put it?" Thread Quote
10-21-2010 , 10:27 PM
Quote:
Originally Posted by 2plus2equals4
Country you live in : England
Income : $1k-$2k a Month
Risk Tolerance : Medium?
Timeframe for investment: Any
Debt: None
Any other information you might have that would help us:

I currently have $25k in the bank, and wanted to invest maybe $10k.

Could someone in this field explain to me what I should do? What kind of research should I go about doing. I'm only 17 and I think you need to be 18 so in 7 months I'll turn it. I just want to be ready =]

Thanks.
I would put 100% in stocks, $5000 in 5 stocks. Do not invest in a stock that is a new growth stock or penny stock . You want an old growth stocks. My as well get 3% dividend yield

NGG
RGR
BP or XOM
T
MCD

http://www.dataroma.com/m/holdings.php?m=GFT

In 12 months it could go down 20%, but most likely up 20%.

http://www.dataroma.com/m/holdings.php?m=brk
The "I have XX money to invest, where should I put it?" Thread Quote
10-22-2010 , 11:40 AM
How good is the advice at Boggleheads? I used to use this forum, but it seems like the long term investors have mainly left so the forum has turned into a pissing contest (mainly with Thremp) and this thread is dealing with initial investors. I'm looking for possibly more technical help with fine tuning my allocation and wondering if Boggleheads is the place to go.

Thanks
The "I have XX money to invest, where should I put it?" Thread Quote
10-22-2010 , 11:42 AM
Quote:
Originally Posted by steelhouse
I think the answer should be never to buy an index fund. You would be much better off with stocks that Warren Buffett owns or Bill Gates Foundation owns.
Any justification for this? If it were this simple I don't think Buffett would have taken the million dollar bet vs a hedge fund. All they would have to do is buy the stocks Buffet has and they would almost auto win according to you.
The "I have XX money to invest, where should I put it?" Thread Quote
10-22-2010 , 02:17 PM
Quote:
Originally Posted by mtgordon
Any justification for this? If it were this simple I don't think Buffett would have taken the million dollar bet vs a hedge fund. All they would have to do is buy the stocks Buffet has and they would almost auto win according to you.
Th justification is Gates and Buffett have been beating the market. I looked at their stocks, some may be better than others imho, but they all look like american apple pie and solid. You might do better in smaller stocks, but they are hard to pick. Maybe leave out the banks.
The "I have XX money to invest, where should I put it?" Thread Quote
10-22-2010 , 05:14 PM
Quote:
Originally Posted by steelhouse
Th justification is Gates and Buffett have been beating the market. I looked at their stocks, some may be better than others imho, but they all look like american apple pie and solid. You might do better in smaller stocks, but they are hard to pick. Maybe leave out the banks.
Any comment about my reference to Buffet betting on index funds?
The "I have XX money to invest, where should I put it?" Thread Quote
10-22-2010 , 05:22 PM
Quote:
Originally Posted by steelhouse
You will do better in smaller stocks, emerging market countries(bc of their GDP growth), hard and soft commodities(even w conservative allocation)
fixed
Quote:
but they are hard to pick.
thankfully there are cheap index funds
The "I have XX money to invest, where should I put it?" Thread Quote
10-22-2010 , 05:42 PM
I have half my money in LVS since 20$. I am really bullish on this over long term, but I think it could drop after earnings.
Any thoughts?

And is BAC a good buy at this level?

Last edited by oriole20; 10-22-2010 at 05:55 PM. Reason: BAC
The "I have XX money to invest, where should I put it?" Thread Quote
10-23-2010 , 09:59 AM
Quote:
Originally Posted by steelhouse
I would put 100% in stocks, $5000 in 5 stocks. Do not invest in a stock that is a new growth stock or penny stock . You want an old growth stocks. My as well get 3% dividend yield

NGG
RGR
BP or XOM
T
MCD

http://www.dataroma.com/m/holdings.php?m=GFT

In 12 months it could go down 20%, but most likely up 20%.

http://www.dataroma.com/m/holdings.php?m=brk
Thank, I was thinking about investing in stocks.
The "I have XX money to invest, where should I put it?" Thread Quote
10-23-2010 , 11:36 AM
Quote:
Originally Posted by steelhouse
I think the answer should be never to buy an index fund. You would be much better off with stocks that Warren Buffett owns or Bill Gates Foundation owns.
i think this is easier said than done.

buffett's advice for most americans is to "buy a cross section of america" ie an equity index fund. obviously if u invest for a living its not the thing to do but imo you cant be a pro poker player and a pro investor simultaneously
The "I have XX money to invest, where should I put it?" Thread Quote
10-24-2010 , 12:59 PM
* Country you live in
* Income
* Risk Tolerance
* Timeframe for investment
* Debt
* Any other information you might have that would help us

Canada
Annual Salary: 60k a year (80% poker income)
Risk Tolerance: Low, I put money at risk playing poker already, don't want to worry about other things)
Time frame: 2-4 years
Debt: None

Thinking about TFSA, have some knowledge in stocks but no time to put in the educate myself more. I plan to wait for another huge economic recession in the next couples year, and buy during that time.

During 2009, i picked ford, LVS, GM(****** pick) MGM, ry.to but didn't have that much money back then.

currently living at home so expenses are like 500 bi-weekly.

want to eventually own some RE, but with the house prices in Vancouver close to a mill, very unlikely. patiently waits for a bubble in bc.

so what do y'all think 5k a year in TFSA a good idea? rest in savings?
The "I have XX money to invest, where should I put it?" Thread Quote

      
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