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Old 09-18-2009, 02:00 PM   #151
Crepuscular
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Re: The "I have XX money to invest, where should I put it?" Thread

Quote:
Originally Posted by ziborbor View Post
Country you live in: New Zealand
Risk Tolerance: Moderate
Timeframe for Investment: Short / Mid
Debt: Student loan of 20k... don't have to worry about this yet though
Amount to invest: 5k

Hi, I'm 21 and about to graduate after this semester. I have 5k to spare and would like to know where to invest. Not too familiar with the stock market and such though.

Any comments are appreciated.
As a recent graduate, you'll have lots of new expenses, things like a security deposit on a new apartment, transportation costs for getting to work, maybe even having to buy new clothes for work. Unless you have clear knowledge of what your life is going to be like immediately after graduation, I'd leave the 5k in a high-interest saving account in anticipation of such welcome-to-the-real-world costs. If you're certain you won't need it, look into choosing maybe one US fund (ETF or MF, if you can purchase them) and one international fund.
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Old 09-20-2009, 03:26 PM   #152
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Re: The "I have XX money to invest, where should I put it?" Thread

Hi all, I want to get an investment that will be very long term, something I want to take out in reirement.

I know if you put like 5k away for 30-40 years your outcome is alot with compounded interest/ a good interest rate, but I dont know where to put it.

What is something I could throw 20k into for about 30 years that will make me the most and be less risky? And how much can i get back.
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Old 09-21-2009, 08:50 AM   #153
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Re: The "I have XX money to invest, where should I put it?" Thread

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Originally Posted by soon2begator View Post
What is something I could throw 20k into for about 30 years that will make me the most and be less risky? And how much can i get back.
Most compared to what? And less risky compared to what? This is one of those "I want high return with no risk" questions.

I guess one of the total stock market Vanguard funds are what you're looking for.
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Old 09-21-2009, 10:12 AM   #154
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Re: The "I have XX money to invest, where should I put it?" Thread

Stock market over 30 years is not very 'risky', although it will have swings, that time frame is perfect for evening those out.
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Old 09-22-2009, 03:33 PM   #155
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Re: The "I have XX money to invest, where should I put it?" Thread

  • Country you live in - USA
  • Income - Much higher than expenses. Thinking I can put $1k-$2k a month into investments currently.
  • Risk Tolerance - Extremely High, I play poker Same tolerance for the markets
  • Timeframe for investment - Want to keep investing so that at one point I am making basically a job out of my own investments. I won't need the money as I have a business and other things to make money, but I would like it if I can do day trading or other intermediate trading to basically supplement income if I ever need it
  • Debt - None
  • Any other information you might have that would help us


Just wondering where people think I should go. I'm studying in Finance. Sophomore year. I have a bit saved up from poker, and have a rakeback business now. If poker gets legalized, I will have a lot of money to deal with from the business. If it stays the same, I will still have a solid income from it, but nothing I would plan to live on my whole life. I'm considering my own invesments as a way to maybe supplement my income if necessary and maybe making investing and the business my only source of income once out of school. I want to use the next couple years while still in school to try to gauge how possible this is.

I have $10k liquid to invest, and think I can add on this a lot before I ever really need to spend it, but I'm not going to build a big portfolio or save money to put in a portfolio if I'm managing it without any real knowledge of how to invest it properly for solid returns.
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Old 09-24-2009, 11:00 PM   #156
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Re: The "I have XX money to invest, where should I put it?" Thread

Quote:
Originally Posted by Schwallie View Post
  • Country you live in - USA
  • Income - Much higher than expenses. Thinking I can put $1k-$2k a month into investments currently.
  • Risk Tolerance - Extremely High, I play poker Same tolerance for the markets
  • Timeframe for investment - Want to keep investing so that at one point I am making basically a job out of my own investments. I won't need the money as I have a business and other things to make money, but I would like it if I can do day trading or other intermediate trading to basically supplement income if I ever need it
  • Debt - None
  • Any other information you might have that would help us


Just wondering where people think I should go. I'm studying in Finance. Sophomore year. I have a bit saved up from poker, and have a rakeback business now. If poker gets legalized, I will have a lot of money to deal with from the business. If it stays the same, I will still have a solid income from it, but nothing I would plan to live on my whole life. I'm considering my own invesments as a way to maybe supplement my income if necessary and maybe making investing and the business my only source of income once out of school. I want to use the next couple years while still in school to try to gauge how possible this is.

I have $10k liquid to invest, and think I can add on this a lot before I ever really need to spend it, but I'm not going to build a big portfolio or save money to put in a portfolio if I'm managing it without any real knowledge of how to invest it properly for solid returns.
Are you investing in a ROTH IRA? What about a SEP-IRA?
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Old 09-25-2009, 12:24 AM   #157
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Re: The "I have XX money to invest, where should I put it?" Thread

Country: Europe
Income: 70k so far this year (poker)
Risk tolerance: See below
timeframe: 1-2 years
debt: none

Quick question,

I have 70k to put away for 1-2 years while I figure out wtf to do with my life. I wouldn't care if I lost like 5-6% over the 2 years, losing like 30% would be unacceptable though. Obviously I'd like to get as good a return as possible over that time frame.

Savings accounts offer 3% where I am, that's where the money is at the moment.

Am I better off putting it all into a managed long bond account which charges a 1% management fee?
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Old 09-25-2009, 02:33 PM   #158
Schwallie
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Re: The "I have XX money to invest, where should I put it?" Thread

Quote:
Originally Posted by nuclear500 View Post
Are you investing in a ROTH IRA? What about a SEP-IRA?
Nope

I really know nothing about the tax side of things, I've never had classes on it and paid little attention to it. I really need to get on learning the tax side of things if I'm going to be serious about it though

Any recommendations?
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Old 09-28-2009, 09:32 PM   #159
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Re: The "I have XX money to invest, where should I put it?" Thread

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Originally Posted by Schwallie View Post
Nope

I really know nothing about the tax side of things, I've never had classes on it and paid little attention to it. I really need to get on learning the tax side of things if I'm going to be serious about it though

Any recommendations?

First thing I would recommend you look into doing then is opening a ROTH IRA, preferrably with somebody low cost like Fidelity or Vanguard. Probalby want to at least start with a Target Retirement Fund if you go with Vanguard due to the high cost of entry ($3k min per fund) relative to the total per year for a ROTH allowed.

I mentioned a SEP-IRA because I assume most of your money is coming from self employment means. WIth a SEP you can put away something like $50k a year.
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Old 09-29-2009, 12:56 AM   #160
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Re: The "I have XX money to invest, where should I put it?" Thread

Any suggestions? Mines is on page 10.
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Old 09-29-2009, 08:59 PM   #161
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Re: The "I have XX money to invest, where should I put it?" Thread

Quote:
Originally Posted by HarlemzKing View Post
Country: USA
Income: 33-38K
Risk Tolerance: Moderate
Timeframe for investment: 5 to 7 years
Debt: None
Other info: For now I only have to worry about cellphone, timeshare payments, gym membership, and credit card payments, which are all made on a timely basis. Looking to begin with anywhere with $200 to $1500 as a starting point.Interested in a couple of penny shares.
No serious answer will include true penny stocks. They are pure gambles. This thread is more about what people should do with larger'ish sums of money.

Based on your stated money amount of $200 to $1500 you should probably start with a ROTH IRA at some place like Fidelity that will let you DCA in smaller increments of money. Vanguard not so much because of its minimum $3000 investment requirement in each new fund.
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Old 10-02-2009, 11:43 PM   #162
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Re: The "I have XX money to invest, where should I put it?" Thread

Country you live in: USA
Risk Tolerance: Moderate
Income: Random... play poker
Timeframe for Investment: 17-20 years
Debt: None, but may obtain a mortgage
Amount to invest: $7,500

Hi everyone, I'm interested in putting away gifts for my newborn baby into a college savings type fund. Tax deferment, not necessary. Just looking for a solid investment that can pay off when she turns 18. Have $7500 to invest, any suggestions? Thanks.
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Old 10-07-2009, 04:30 PM   #163
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Re: The "I have XX money to invest, where should I put it?" Thread

  • Country you live in: USA
  • Income: ~$170k
  • Risk Tolerance: medium? hard to answer
  • Timeframe for investment: short-, mid-, and long-term options appreciated
  • Debt: ~$120k ~5.25% mortgage, nothing else
  • early 30s, married with a kid, plan to have more kids

I'm naturally pretty frugal, and if it meant setting ourselves up for a relaxed and comfortable (early) retirement, I would be willing to tighten the belt even more for the next few years to achieve it.

I currently max out my 401(k) contributions, have ~$25k in stocks/mutual funds (Apple, PPDI, HUN, Vanguard 500 Index investor (vfinx), and some other Vanguard fund), have ~$80k equity in my house, and paid off cars that are new and in relatively good shape, probably worth ~$20k and ~$14k, and if I really needed to, could probably scrape together ~$75k with a week or two of notice (and I'm not talking about selling the cars or house!).

I'm willing to put in a lot of homework, but I'd like to lean on some 2+2 experts to get a (free) kick-start.

Hook me up!

Also, grunching the crap out of this monstrous thread, so please just let me know if I left out anything pertinent that may have been established as required details any time after the OP.
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Old 10-07-2009, 05:46 PM   #164
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Re: The "I have XX money to invest, where should I put it?" Thread

Is your income from poker?
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Old 10-07-2009, 06:16 PM   #165
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Re: The "I have XX money to invest, where should I put it?" Thread

Hah! No way. I am a crazy degenerate gambler. I did win 5 figures over a couple of years playing live and online small/mid stakes, but I lost it all back in subsequent years. But I'm a decent tournament player if any sucker wants to stake me! lol

I have regular job.

Last edited by Penisculous; 10-07-2009 at 06:24 PM.
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Old 10-08-2009, 12:01 PM   #166
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Re: The "I have XX money to invest, where should I put it?" Thread

Country you live in: USA
Income: 25-40k (poker/random stuff...i'm a grad student)
Risk Tolerance: don't care if i lose it all
Timeframe for investment: long
Debt: 12k student loans
amount to invest: 1-5k

Hi, I'm a grad student and have 2 more semesters after this one before i graduate. I play poker for most of my income and make anywhere from 2-8k/month depending on how much i play. Right now I'm just looking to get into and mess around with investing, but am mostly a total n00b at it. I've had a lot of business/finance courses but idk how much those will really help me with decision making. I'm more just looking to learn the ropes with a small investment amount.
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Old 10-10-2009, 11:45 AM   #167
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Re: The "I have XX money to invest, where should I put it?" Thread

Is anyone still offering advice, or has this thread expired?
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Old 10-10-2009, 03:11 PM   #168
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Re: The "I have XX money to invest, where should I put it?" Thread

Do you really need advice? Sounds like you have everything covered. Just invest the money into one of the bonds/stock index splits talked about in this thread and that's all there is to do.
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Old 10-11-2009, 08:37 PM   #169
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Re: The "I have XX money to invest, where should I put it?" Thread

Quote:
Originally Posted by Big Bend View Post
Here is my situation.

* Country you live in - TEXAS is a country
* Income - 100K
* Risk Tolerance - LOW
* Timeframe for investment - 20 years
* Debt - ZERO
* Any other information you might have that would help us


My wife and I are in our 40s, zero debt, house paid for, she retired from Exxon after 20 years and has about $300,000 sitting in cash IRA at the moment.

With massive inflation coming soon thanks to Obama printing trillions of dollars.. where should be put this money to fight off inflation?

We are investment rookies, and my wife is very afraid of losing this nest egg. We need to diversify.. not sure the best way to go about any of this.

Advice appreciated thx.. BB
If you understand what has happened you will learn that virtually all inflation is the result of laffernomics and Reagan and Bush. The idea to cut taxes, create deficits, which will lead to increased revenues is a failed one. Don't take the kool-aid and end up following the likes of Israel, Madoff, and other investment con-men you find everywhere.

The solution is simple get all money out of us dollars until they balance the budget.

WWher to put the money

EXX, MCD, YUM, IBM, PG, CAT, KMB, DOW, .. any stock that maintains shares outstanding and increases dividends 10% a year. Also you might what to buy stuff for the house and store it. Maybe some international funds.

To leave money in the bank is giving it to the banker or deadbeat homeowner, or the real trash like Donald Trump.
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Old 10-14-2009, 02:59 PM   #170
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Re: The "I have XX money to invest, where should I put it?" Thread

  • Country you live in: U.S.
  • Income: ~$50k/year (student)
  • Risk Tolerance: Medium
  • Timeframe for investment: Longterm
  • Debt: Zero
  • Any other information you might have that would help us:
  • Senior student planning to play poker for 2-3 years post-graduation in May while pursuing a master's degree/studying abroad. Have ~$60k currently in a high-yield online savings account (1.8%) that I continually add to with poker winnings. Was told and agree savings is not the place to keep it. Would like to diversify for the long haul. Friend suggested mutual funds. Not sure where to start or to mix with stock. Have no monthly expenses other than $500 for car/car insurace and $60 for backup internet. Plan to make $100-$150k next year playing poker. I appreciate any advice! Feel like I'm losing a lot keeping the bulk of my earnings in savings.
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Old 10-20-2009, 02:14 PM   #171
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Re: The "I have XX money to invest, where should I put it?" Thread

Hi,

I looking for some advice:

I have like 200k € to invest.

* Country you live in: Austria

* Income: Steady income of around 5k/month from poker

* Risk Tolerance: low(im looking to invest the money in the best possible way to not be affected
by any swings of the market or the currency, i was thinking about buying a flat
but i am looking for other alternatives, i would like to achieve at lest 5% annualy, and the money as mentioned should
be safe)

* Timeframe for investment: from now on at lest 5 years or so, but maybe even longer

* Debt: no debt

* Any other information you might have that would help us: i have all my money either in the bank or
invested in real estates, its secure that way but it brings a too low profit, so I would like some ideas some guys who know what
they are talking about for a good investment opportunities that fit my needs.


Thanks in advance.
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Old 10-20-2009, 03:31 PM   #172
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Re: The "I have XX money to invest, where should I put it?" Thread

I don't think that there is any way to get 5% at the moment without any swings.
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Old 10-20-2009, 04:58 PM   #173
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Re: The "I have XX money to invest, where should I put it?" Thread

This is for my girlfriend, her cd's are expiring next month

PLEASE INCLUDE:
  • Country you live in: US
  • Income: 65k
  • Risk Tolerance: Extremely Low
  • Timeframe for investment: 1-2 years
  • Debt: $0
  • Any other information you might have that would help us: she has 70k in savings and my father feels she can invest much more wisely than the low interest CD's she's been doing. (I'm a little worried about my dad giving her advice but that's another topic) Ideally looking for something with almost no risk of losing money. So worst case scenario is she only makes like .5% on her investment but if it works out gets a return of around idk 3-7%. Does such a thing exist?
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Old 10-20-2009, 05:05 PM   #174
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Re: The "I have XX money to invest, where should I put it?" Thread

There is probably some fancy product created by a bank. But in general the answer would be: stick it into a savings acount or CD. She'll earn almost nothing but that's always the case when you don't want any risk.
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Old 10-20-2009, 10:40 PM   #175
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Re: The "I have XX money to invest, where should I put it?" Thread

Quote:
Originally Posted by Skitz0Frenik View Post
  • Country you live in: U.S.
  • Income: ~$50k/year (student)
  • Risk Tolerance: Medium
  • Timeframe for investment: Longterm
  • Debt: Zero
  • Any other information you might have that would help us:
  • Senior student planning to play poker for 2-3 years post-graduation in May while pursuing a master's degree/studying abroad. Have ~$60k currently in a high-yield online savings account (1.8%) that I continually add to with poker winnings. Was told and agree savings is not the place to keep it. Would like to diversify for the long haul. Friend suggested mutual funds. Not sure where to start or to mix with stock. Have no monthly expenses other than $500 for car/car insurace and $60 for backup internet. Plan to make $100-$150k next year playing poker. I appreciate any advice! Feel like I'm losing a lot keeping the bulk of my earnings in savings.
First order of business is to open a SEP-IRA if you intend to play professionally. Open the account with Vanguard and and to start with I'd probably recommend a mix of something like 40% US Large Cap Index, 20% US Small/Mid Cap Index, 20% Total Bond Index and 20% Foreign Index. Kind of high on the bonds for your age, but you've stated you want medium risk, the bond allocation provides that. However as you get more comfortable with having the money "out of your hands" I would start dialing up the allocations in foreign and US. Never remove the money from the bond fund, but just add to the others.

How much to set aside into the IRA? Remember the 12 months living expenses (I'm done saying 6 months, in an economy where this higher employment rate is becoming the new normal, you need more time IMO) rule. Since your numbers are so low to begin with, you may even consider changing its title to "Standard of Living Cushion"
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