Post: #51

(06-16-2017 07:50 AM)Australia Sucks Wrote:  Troller I suspect that for the O.P. with his main source of income being seasonal contract work, it would not be easy for him to get a bank loan of any significance even if he wished to.

It´s not easy but possible. Bank are private institutions. They don´t have rules. It´s like saying a grocery store has rules. They sell cash. Like a whore sells sex. You think a whore has rigid rules?

He can get the loan. Just need to knock on more doors. Usually the real estate agencies know which banks are facilitating loans the most.

Post: #52

edit.

Post: #53

(06-14-2017 08:46 PM)NewDayNewFace Wrote:  The BMan. What would you suggest for people in the US since you have your experience in investments/finance.

I'm sure people in the United States will read this thread and want to know.

Just now reading this...
Its a tricky question. At this point I think you are probably best in cash, moreso then anything else. Again, some rental real estate in cities where pricing is reasonable can make sense, depending on how much cash you have to invest. But interest rates are obviously low and stocks are in a bubble in my opinion w/lots of risk to the downside. I'd say hang tight w/cash and wait for better opportunities.

Post: #54

From Tony Robbins's book, where he interviews some top fund managers. The guy who grew Yale's endowment recommended this asset allocation, with minimal downside:

20% - Wilshire 5000 Total Market (domestic stock)
20% - FTSE NAREIT REITs TR (reit)
20% - MSCI ACWI Ex USA GR USD (foreign stock)
15% - Barclays US Long Credit TR USD (long term US treasuries)
15% - Barclays US Treasury US Tips TR USD (TIPS)
10% - MSCLEM PR USD (emerging stock market)

As others have said, put the money in Roth accounts first, using dollar-cost-averaging over time. Reinvest dividends automatically. Don't sell during recessions. Avg. return is 6-8% historically.

Perhaps diversify further by buying some real estate for cash flow. But note that according to Case-Shiller, real estate has been relatively flat over time (inflation-adjusted), so if you want to flip properties, you'd better time it correctly.

Post: #55

If you're not bothered about drawing an income. (Though you could if you wanted). Stick it in a trust in Jersey. Zero income tax and Zero capital gains tax.

Post: #56

Probably 70% low risk ETF/Blue Chip
20/25% high growth (tsla, amzn, etc).
5-10% speculation

Post: #57

Post: #58

Buying into an index fund at record valuations is a bad idea. http://www.multpl.com/shiller-pe/ You generally want to buy low, sell high. That is not to say that there aren't undervalued equities out there, but there are few of them than during the 2008-2009 period.

Post: #59

As someone who works in the investment industry, I can say that very few people are able to correctly time the market. I myself know better than to try to guess the next buying opportunity, it almost never works.

I do concur with the idea of investing the money in a diversified portfolio of ETFs, but OP did say he lived in EE and that investing the money would be a pain in the ass. If he is planning to remain in EE indefinitely then I would highly recommend opening a self-directed brokerage account in a safe country with investor-friendly laws and minimal taxes. A consultation with a local tax advisor would be highly recommended.

Post: #60

(07-28-2017 12:11 PM)goodington Wrote:  As someone who works in the investment industry, I can say that very few people are able to correctly time the market. I myself know better than to try to guess the next buying opportunity, it almost never works.

I do concur with the idea of investing the money in a diversified portfolio of ETFs, but OP did say he lived in EE and that investing the money would be a pain in the ass. If he is planning to remain in EE indefinitely then I would highly recommend opening a self-directed brokerage account in a safe country with investor-friendly laws and minimal taxes. A consultation with a local tax advisor would be highly recommended.

Gives advice on how to invest $110k but makes a thread titled "what would you do with $10k?". /thread-64007.html

   

Post: #61

I'd bet it all on Mayweather -600. You'll get 18,333 + your $110k back.

Post: #62

100% in the best alt cryptos then retire in 2 years is what i would do (am doing).

Post: #63

Two words: Real Estate

You can never go wrong with investing in something people will always want.

There are always some hidden gem out there, furthermore, there is always some awesome condo or house in an awesome location. This can be your home away from home.

Post: #64

Terrible advice about putting all money on mayweather. Although there is a high probability of Mayweather winning it, there is no way you should put all your money into this, I wouldn't even touch this game unless you are doing a double bet but even that I wouldn't put a lot of money into it. A good gambler knows not to invest 100% of his money into anything.

Post: #65

(07-29-2017 11:14 PM)Alche Wrote:  100% in the best alt cryptos then retire in 2 years is what i would do (am doing).

I'd be careful with those alt-coins. It's more speculation than investing, and especially so when the fundamentals supporting the price are often ill-founded.

(08-01-2017 12:50 AM)pitt Wrote:  Terrible advice about putting all money on mayweather. Although there is a high probability of Mayweather winning it, there is no way you should put all your money into this, I wouldn't even touch this game unless you are doing a double bet but even that I wouldn't put a lot of money into it. A good gambler knows not to invest 100% of his money into anything.

Agreed. It's terrible advice to put all your money into any one thing. Gambler's ruin is a very real and unforgiving outcome, and the risk of it happening is IMO not worth any kind of perceived sure-fire returns.

Post: #66

Vinny, you said investing in the stock market is complicated giving that you're in EE. Have you considered some other possible asset classes?

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Shipping Containers
For example, you can invest in shipping containers: http://pacifictycoon.com/your-shipping-c...nvestment/
I have a friend who's doing just this and hasn't run into any problems so far. You get a good rate of return (often 10%+) and the minimum investment is only in the thousands.

Peer-to-peer lending
Your returns here will depend on how you spread the risk among various borrowers, but it may be more accessible to you and a work around to the stock market with comparable returns. Lending Club and Lending Tree

Managed Farmland
With millennials crazy about avocado toast and rising avocado prices, would you consider investing in an avocado farm?

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These are just some alternative investment ideas I've come across lately. Of course you'll need to be careful of scams, but they can be avoided with some good vetting and DD on your end. You can usually scale into these investments pretty simply (i.e. one shipping container at a time) as you build trust and build up equity with whichever partner you're working with.

Seems sketch, I know. But it's something to consider. Most importantly: “Know what you own, and know why you own it.” – Peter Lynch

Post: #67

^^ Never heard of investing in shipping containers, that's a new one - thanks for the heads up.

Definitely going to do some research: http://www.containerhomereview.com/how-t...ent-scams/

Post: #68

If you aren't gonna invest all of your money, you should some. We can talk after the match, this is almost a sure-thing. Suit yourself.

Post: #69

This containers business screams scam all over.