BrianSD_42
New member
Well if by fail you mean collapse or default then yes that would be a huge problem. But you can always diversify your investment across foreign currency, land, and precious metals.
Best way to invest $40,000
- Thread starter Steamfitter
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Well if by fail you mean collapse or default then yes that would be a huge problem. But you can always diversify your investment across foreign currency, land, and precious metals.
MtnT4R
New member
Atlanta_man
New member
worked for JP Morgan and
Citibank they paid big fines (totaling $800,000,000 really) this past year, still a minor cost of doing the business
Citibank they paid big fines (totaling $800,000,000 really) this past year, still a minor cost of doing the business
DannyLlama
Elite Member
Watch walking dead and you will know what to invest in.
In all seriousness, I would sit on your cash until Gold and Housing start to slip and put it in one/or both.
I think housing is over inflated and gold has not bottomed out.
Stocks is always a good way to go if you have done your research. I read someone else on here said to talk to financial adviser, that may not be a bad idea.
In all seriousness, I would sit on your cash until Gold and Housing start to slip and put it in one/or both.
I think housing is over inflated and gold has not bottomed out.
Stocks is always a good way to go if you have done your research. I read someone else on here said to talk to financial adviser, that may not be a bad idea.
10%
Sincerely, please pm me with the source of this annual return.
Please tell me where I can get a consistent 8-10% annual return on my money. Easily said, difficult to do. The Holy Grail of long term investing is just such a return. 10% doubles your money every 7 years.
Sincerely, please pm me with the source of this annual return.
BrianSD_42
New member
It doesn't exist. Mutual Funds on ave did not perform at that rate from 2000-2010.
That is why it was called the lost decade. The stock market ended after ten years lower than it started, barely keeping up with a moderately low inflation.
Sure the Romney's made out OK but rest of America did not do well in stocks.
[MENTION=66316]1engineer[/MENTION] ( I believe) is wrong.
drdolittlerwc
New member
Don't ask me! When I was 18, I had $50k in trust released to me....
Yah, I took care of fam, paid for tech school, and guess what... PARTAY!!!
I tell every one of my bros now who have any potential opportunities to do as some of the first responders.... REAL ESTATE!! But nobody listens..............
drdolittlerwc
New member
Oh yeah, that was '89... don't listen to the hype!!!
cwmpryddig
New member
yeah, real estate is a more reliable investment in a long term because it is not affected by economic turmoils (as much as stock markets for instance). moreover short term rentals promise you decent returns - about 5-7% yields. to find new tenants just hire a management company. though its service costs 20−25% of the total rental revenue, the expenses will be rewarded with higher occupancy rates. and it is worth trying investing abroad: the best option seems a one-bedroom apartment somewhere in the city center popular with tourists. Barcelona might be a good option https://tranio.com/spain/catalonia/barcelona/ as it is a top-notch destination for the British and the Chinese
Better than a real estate investment. Go with a dividend paying mutual fund and ride it out for the long run.
ben550
New member
Where have you sold a firearm for even close to what you paid for it? I have never seen a profit turned from a firearm that was not a rare collectible. Usually I see guys at the counter trading in a firearm for less than 50% what they paid for it...
40k is one hell of a start for an investment...
If the "system" collapses... why not have the assets in your possession? If you owe 30k on your vehicle and the system collapses, you'll maintain possession of your vehicle... and house... etc... no one is going to be going around repoing assets because no one is going to be making payments anywhere...
I believe in building and keeping a "reserve" of liquid assets for emergency purposes on which you could sustain yourself for a period of 3-12 months. For example if you lost your job... you could continue to live in your house at a reasonable standard of living while you searched for your next job...
I always liked the idea of purchasing land as an investment. In many places you can buy an acre of land for $1000 or less... Buying a plot of land in a location that has potential as urban areas grow to become the suburb can bring a big payoff in 20-30 years...
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