If you had about 40,000 sitting in a bank, where would you invest it? | |
Useless Cookie Eater User ID: 74441620 United States 03/18/2017 10:11 PM Report Abusive Post Report Copyright Violation | |
beebee User ID: 74427890 Canada 03/18/2017 10:14 PM Report Abusive Post Report Copyright Violation | |
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Bµtterƒinger ™ User ID: 71445090 United States 03/18/2017 10:26 PM Report Abusive Post Report Copyright Violation | if you dont already have a ROTH IRA start one,,choose a good mutual fund company like Vanguard and maybe one of their target year retirement funds like 2035 2040 2045.. invest the maximum 5,500 and get that started.. and a little physical silver wouldnt be a bad idea.. [link to www.jmbullion.com] ------------------------------------- |
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observer User ID: 10006780 United States 03/18/2017 10:30 PM Report Abusive Post Report Copyright Violation | I heard that silver is the most undervalued asset right now. Quoting: The Independent I like bitcoin but it seems to be in a down trend. [link to www.coindesk.com] Then I heard the sale of a life time is coming in real estate and other hard assets; some sort of a deflation event. I was able to buy a few 1.1 condos but they just got to expensive for rental grade. I would stock up on food, good clothing, fuel, ammo,etc. Money will be useless when you can't find anything to buy. |
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beebee User ID: 74427890 Canada 03/19/2017 01:44 PM Report Abusive Post Report Copyright Violation | I heard that silver is the most undervalued asset right now. Quoting: The Independent I like bitcoin but it seems to be in a down trend. [link to www.coindesk.com] Then I heard the sale of a life time is coming in real estate and other hard assets; some sort of a deflation event. I was able to buy a few 1.1 condos but they just got to expensive for rental grade. I would stock up on food, good clothing, fuel, ammo,etc. Money will be useless when you can't find anything to buy. That's something a lot of these numb nuts just don't seem to understand. If I have surplus potatoes and you have a mountain of gold, I assure you, I will NOT be trading my potatoes for your gold because I cannot eat it, drink it or fuck it, so what 'value' does it have? NONE!!! beebee |
DuckNCover User ID: 45871837 United States 03/19/2017 02:56 PM Report Abusive Post Report Copyright Violation | Every time we have a rate hike, banks make money.... So invest in Bank Stocks... Trump will have a trillion dollar infrastructure program... So invest in Building supplies like concrete and building companies... Also diversify in metals like Copper. It is very cheap and you can by pounds of it... Trump will invest billions in defense.... So invest in Defense stocks like Raytheon and others.... Then take 10% - 20% of your money and invest in Small Cap mutual fund. They should do well especially if the dollar strengthens.... |
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Useless Cookie Eater User ID: 74441620 United States 03/19/2017 04:22 PM Report Abusive Post Report Copyright Violation | Since the Economy will start booming, I'd invest in a diverse portfolio.... Quoting: DuckNCover Every time we have a rate hike, banks make money.... So invest in Bank Stocks... Trump will have a trillion dollar infrastructure program... So invest in Building supplies like concrete and building companies... Also diversify in metals like Copper. It is very cheap and you can by pounds of it... Trump will invest billions in defense.... So invest in Defense stocks like Raytheon and others.... Then take 10% - 20% of your money and invest in Small Cap mutual fund. They should do well especially if the dollar strengthens.... Logical. .....wouldn't be my approach but much better than hiding it under a mattress or keeping it buried in your backyard.....or in a bank. |
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destroyerofwords User ID: 72799187 United States 03/19/2017 05:09 PM Report Abusive Post Report Copyright Violation | I would find a website w/ some of the most unhinged people on the internet...then I would ask them for financial advice. Just kidding, but seriously buy guns, ammo, food, medicine, comms etc. and gird up a spot to keep it all along with a few well trained friends and stop listening to crazy people. |
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Man_Discarded User ID: 74435081 United States 03/19/2017 05:18 PM Report Abusive Post Report Copyright Violation | I heard that silver is the most undervalued asset right now. Quoting: The Independent I like bitcoin but it seems to be in a down trend. [link to www.coindesk.com] Then I heard the sale of a life time is coming in real estate and other hard assets; some sort of a deflation event. I was able to buy a few 1.1 condos but they just got to expensive for rental grade. Ethereum you will double your money in less than a year if not weeks. The uncommon measure of a man is what he is willing to give up to elevate the next man. |
Man_Discarded User ID: 74435081 United States 03/19/2017 05:18 PM Report Abusive Post Report Copyright Violation | Double post Last Edited by Zombie Jesus 2018 on 03/19/2017 05:18 PM The uncommon measure of a man is what he is willing to give up to elevate the next man. |
Anonymous Coward User ID: 72995982 United States 03/20/2017 10:37 AM Report Abusive Post Report Copyright Violation | I heard that silver is the most undervalued asset right now. Quoting: The Independent I like bitcoin but it seems to be in a down trend. [link to www.coindesk.com] Then I heard the sale of a life time is coming in real estate and other hard assets; some sort of a deflation event. I was able to buy a few 1.1 condos but they just got to expensive for rental grade. Ethereum you will double your money in less than a year if not weeks. Ethereum was never meant to be a currency, but is the platform for smart contracts. It is my supposition that Ethereum Classic will end up being the currency of the Ethereum platform. The hard fork could easily have given the developers the means to push the one asset down (ETC). ETC is decentralized and immutable. They allow Ether to run its course allowing everyone to believe ETC is a dead end, while using the profits from Ether to push down and gobble up ETC. As Ethereum becomes more popular, Ethereum Classic tags along for the rise, and they are in the cat bird seat with two coins rapidly gaining market share. Hell if I was them, that is what I would have done. |
BG43214 User ID: 18147015 United States 03/20/2017 11:47 AM Report Abusive Post Report Copyright Violation | OMG OMG OMG $40k in the BANK???????? the effin' BANK?? are you insane?????? you're not earning any interest worth talking about, period.... as someone here said, what you should do depends on your age, etc.. but in the bank...........OYVAY!!!!! the very LEAST you should do is put about 25% of it in a good, NO_LOAD mutual fund........(others charge fees; fees on no-loads are VERY minimal)......and spread it out over all the different types of stock funds; big company, mid-range companies, and small companies.... BUT EVEN BETTER......go online to different fund companies and take their 'asset allocation' quiz.....it'll tell you how best to invest based on your needs, attitude, etc. go to Morningstar.com, AmericanCentury.com for starters, and take at least 3 of these little quizzes to get a good idea of what's best for your mindset. anyway, anything's better than leaving it in the FUCKING bank!!!! good luck!! |
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