financial dudez: 100g's investing....what do you do ?

if you had 100g's of disposable money to invest (not a car LOL), what would you do ?

I have a good chunk in 401/ira/stock market ....I am thinking about dumping more in..although many people freaking out over "the 2020 crash is coming" which I think is bullshit ...if I play it right I think $500 per day is totally doable. The Trump train is ****ing amazing.

I do have a second home ...been busier than shit....still doing upgrades so I can rent it out. To avoid taxes can't sell until later this year...BUT I am thinking once I get to AZ, get my license and start selling/flipping houses.

do any of you flip houses ? do you day trade ? what is your best money maker? I'm in my early 30s and I need to set up my family funds....ya never know when your time will come. And w/ my drinking probably sooner than later LOL.

I used to flip, but the market prices for junk are too high now. I'd put it in the market until September and then pull it out in case Trump isn't re-elected. If Trump loses, you may just want to hold your cash for a while. In two the three years there will be a ton of foreclosures again.

Statistically.. you do better to hold your nose and buy, than trying to time entries.
There's a good compound video with data on it.

However.. I'm getting ready to deploy half that 50k ish.. I'm going china/emerging markets.

My 401k is maxxed out towards s&p 500 index.

Alot will have to do with risk tolerance and timeline as well as portfolio balance.

tistan said:

I used to flip, but the market prices for junk are too high now. I'd put it in the market until September and then pull it out in case Trump isn't re-elected. If Trump loses, you may just want to hold your cash for a while. In two the three years there will be a ton of foreclosures again.

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I am also of this opinion as well.

The stock market will have to adjust at some point...then again, with TMoney renegotiating all of our world trade deals to tilt much more in our favor, there could be a lot of room for the market to continue to grow.

My plan is simply this: If Trump somehow loses, I will pull most of my money out of the Stock market and add it to the current high yield savings account I have and let it build while continuing to add to it until another housing collapse takes place. Then I'll jump on a few properties.

Good luck bruh.

tistan said:

I used to flip, but the market prices for junk are too high now. I'd put it in the market until September and then pull it out in case Trump isn't re-elected. If Trump loses, you may just want to hold your cash for a while. In two the three years there will be a ton of foreclosures again.

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what about wholesale "no touch" flipping ?

q6543 said:

Statistically.. you do better to hold your nose and buy, than trying to time entries.
There's a good compound video with data on it.

However.. I'm getting ready to deploy half that 50k ish.. I'm going china/emerging markets.

My 401k is maxxed out towards s&p 500 index.

Alot will have to do with risk tolerance and timeline as well as portfolio balance.

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China markets huh? I have no idea about those things LOL. I was just learning about the FOREX ....is that what you mean ?

VenomVeins said:

I am also of this opinion as well.

The stock market will have to adjust at some point...then again, with TMoney renegotiating all of our world trade deals to tilt much more in our favor, there could be a lot of room for the market to continue to grow.

My plan is simply this: If Trump somehow loses, I will pull most of my money out of the Stock market and add it to the current high yield savings account I have and let it build while continuing to add to it until another housing collapse takes place. Then I'll jump on a few properties.

Good luck bruh.

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let us pray that T-money gets over this bullshit and wins for 2020 !

If you have access, drop that 100k into vtsax and let it ride 30 years.

Adower said:

If you have access, drop that 100k into vtsax and let it ride 30 years.

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right now I have VFIAX

Adower said:

If you have access, drop that 100k into vtsax and let it ride 30 years.

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Yep. I dumped 20k into this and have literally just watched it tick upward constantly.

VTSAX is a Rockstar.

VenomVeins said:

Yep. I dumped 20k into this and have literally just watched it tick upward constantly.

VTSAX is a Rockstar.

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I just looked at it, pretty damn close to VFIAX. For sure the numbers look super solid.

I've looked into flipping but even if you had a realtors license, might be hard pressed to make a buck in the current state of the market in the Phoenix area. Where I'm at (Gilbert) has been booming. House is up 21% since I bought it 2.5 years ago (Neighbor just sold his house with same layout as mine in 1 week, over zillow estimated price, over asking price) and PHX, Scottsdale and Tempe have been doing the same. People are speculating market correction soon. But imo, Demand continues to exceed supply which = higher prices.

As far as investing, these are my holds at the moment:

Long term: TNA (bought in at 49.50, have gotten some quite nice gains off the trump administration era )
Short Term: NUGT, GDX, DUST. All related to gold, so some perform inversely of the stock market. IE, if market is down, and people buy gold, NUGT and GDX go up. If gold is shitty, DUST is up. Since they perform inversely of eachother, I wait until they dip real low till I buy in. For example, DUST dropped to 5.62 earlier today when I bought in, sold a few hours later for 5.92. easy gains. You can hold long term, but I don't stay greedy with it.
Also got 20 racks into NUGT awhile back at 27.10. Probably going to dump soon after seeing what happens in the upcoming weeks.

WTF SVTP?!



Hookers and blow, obviously.

Buy an index fund if you want to make money. Google "passive vs active performance" if you want a breakdown of how bad the performance of stock pickers really is.

Anyone that tells you about all the money they are making with their stock picks is lying to you (no one ever talks about their losers) or does not know how to properly benchmark their performance and risk. In the long term less than 1% can beat the market.

Focus instead on asset allocation and minimizing transaction costs and taxes. Compounding at a tax free rate is unbeatable.

Rule of thumb on stock allocation is 100 less your age. So if you are 30 then you should be 70% stocks, 30% bonds.

Priorities if I were you.
1. max out 401k. Tax benefit is too great to ignore. Invest in S&P and do not even bother to look at statement.
2. same as above but Roth IRA instead of 401k.
3. same as above but IRA.
4. same as above but HSA. (these have same tax advantage as others but you can use for health expenditure which will be critical when you are retired).

If you want to make money, ignore anyone that talks up stock picks. I will bet any amount of money that they will underperform a buy and hold index strategy over any 10 year period. It might be entertaining to talk stocks but is a terrible approach to investing. I am a professional portfolio manager BTW.

Edit: all of above applies to house flippers. One of my firms investments is providing short term loans to house flippers. We have lent >$500m in the last 5 years. Return on equity of the guys we are lending to is <10% right now. That is a terrible return when you consider all the transaction fees, taxes, illiquidity and risk. I would bet that none of them netted more than 15% after fees and taxes even in the best of times.

ssj4sadie said:

WTF SVTP?!



Hookers and blow, obviously.

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I was waiting for someone to recommend this classic portfolio.

ssj4sadie said:

WTF SVTP?!



Hookers and blow, obviously.

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Exactly. Invest in blow and the return on Hookers will be solid.

I have a Janus Henderson Account and it has been doing very very well while T$ has been in office.

A few weeks ago, end of December, I put another $10g into apple, $10g into Facebook, and $10g into Ford.

Put the money into an LIRP.

So if trump looses, do you wait until a few negative days to pull your money out or in the case of a retirement account, convert it over to bonds?