Originally posted by Lason
View Post
Announcement
Collapse
No announcement yet.
Where to put money?
Collapse
X
-
-
Originally posted by 347Mike View PostReal estate besides your home?
Leave a comment:
-
Originally posted by Broncojohnny View Post100% stocks for me. Bonds suck right now. Savings accounts and CDs don't pay shit. Commodities are a shit show, not to mention a fucking scam to begin with. Where else is there?
Keep in mind that not all shares are equal. There are high quality blue chips that pay 3-4%. There are mortgage REITs that pay 17% but you better know when to leave if you get in them (risky!). You could also look at municipal bond funds, (PIMCO funds, MHI etc etc) which will mitigate some of the default risk of muni bonds, some of those will pay you 7-8% tax free. Just pray for no defaults.
Most importantly, you'd be crazy to listen to me because this is the internet and I could be a monkey banging away at a keyboard.
2) Your advice was one of the ones I was hoping to hear so don't be so humble.
How do I know which investments are tax free or are all stocks for example taxable but certain bonds aren't?
I was hoping for something a bit more secure or shall I say, less risky. I am using a quarter of my liquid cash in the market right now and have thought about moving all of it to the market but I am a bit nervous about that idea for obvious reasons.
What are a few stocks you are invested in if you don't mind me asking? I know JNJ is one of them.
Leave a comment:
-
100% stocks for me. Bonds suck right now. Savings accounts and CDs don't pay shit. Commodities are a shit show, not to mention a fucking scam to begin with. Where else is there?
Keep in mind that not all shares are equal. There are high quality blue chips that pay 3-4%. There are mortgage REITs that pay 17% but you better know when to leave if you get in them (risky!). You could also look at municipal bond funds, (PIMCO funds, MHI etc etc) which will mitigate some of the default risk of muni bonds, some of those will pay you 7-8% tax free. Just pray for no defaults.
Most importantly, you'd be crazy to listen to me because this is the internet and I could be a monkey banging away at a keyboard.
Leave a comment:
-
Where to put money?
Besides hookers, blow, booze and on black oh and silver/gold....
Where do you guys diversify your money? I have a little bit in the market and some other investments but other than that the rest is in a savings account. I know I made a thread in Canada inquiring about CD's but couldn't find it. Besides a savings account and the market, where else do you put your money? Bonds, CD's, etc?
Id like to put it somewhere that makes a bit more than the measly few percent (if that) I get in my savings account.
I am not trying to turn this into a solid barg thread, I am just curious what some of you others do - those of you that are financially sound that is....
TIA!Tags: None
Leave a comment: