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Where should I invest extra cash?
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Date: September 2nd, 2017 5:00 PM Author: deep dysfunction House is paid off, already max out SEP IRA every year into index funds, and I'm still sitting on tons of cash. I'm in LA and the market for real estate is shit right now (cap rates are like 3% on commercial/multifamily), and the stock market seems to be overpriced. I bought a small house in May that I rent to my mother-in-law so she is close by to watch the baby, but that's not really producing cash flow, just building equity.
I would hate to just keep sitting on cash, but I am making buttloads of it and have no where to put it. I am thinking about throwing like 50k into crypto to roll the dice, but that would only be a fraction of my cash holdings. Anyone here have some good advice? |
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Date: September 2nd, 2017 5:01 PM Author: electric misunderstood sanctuary alpha I'd spread it across tech stocks with decent growth potential but relatively little downside. Shit like Alibaba. (http://www.autoadmit.com/thread.php?thread_id=3719350&forum_id=2#34123666) |
Date: September 2nd, 2017 5:01 PM Author: Canary Hominid literally buy a FUCKTON of Eth right now. hth. (http://www.autoadmit.com/thread.php?thread_id=3719350&forum_id=2#34123664) |
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Date: September 2nd, 2017 5:02 PM Author: razzmatazz goal in life point summon: exeunt
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Date: September 2nd, 2017 5:02 PM Author: multi-colored cheese-eating dog poop half-breed (http://www.autoadmit.com/thread.php?thread_id=3719350&forum_id=2#34123674) |
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Date: September 2nd, 2017 5:25 PM Author: Umber jew (http://www.autoadmit.com/thread.php?thread_id=3719350&forum_id=2#34123815) |
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Date: September 3rd, 2017 10:28 AM Author: Smoky marketing idea (http://www.autoadmit.com/thread.php?thread_id=3719350&forum_id=2#34128300) |
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Date: September 2nd, 2017 5:02 PM Author: Zombie-like Bipolar Shrine bold, unintuitive idea: cryptocurrency (http://www.autoadmit.com/thread.php?thread_id=3719350&forum_id=2#34123677) |
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Date: September 2nd, 2017 5:03 PM Author: deep dysfunction Ya, I already said I am going to put like 50k into it. Seems too risky to put like 500k into though. (http://www.autoadmit.com/thread.php?thread_id=3719350&forum_id=2#34123687) |
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Date: September 2nd, 2017 5:05 PM Author: Zombie-like Bipolar Shrine do it soon. now's a great time to throw in some bills. hope to see you around our sticky, friend (http://www.autoadmit.com/thread.php?thread_id=3719350&forum_id=2#34123696) |
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Date: September 2nd, 2017 5:07 PM Author: deep dysfunction I was thinking like 20K into bitcoin, 15k into ETH, and 5K into NEO, bitcoin cash, and litecoin. (http://www.autoadmit.com/thread.php?thread_id=3719350&forum_id=2#34123702) |
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Date: September 2nd, 2017 5:08 PM Author: Nighttime doobsian blood rage brother whats your throwaway, may have an idea but what to run by you before I poast (http://www.autoadmit.com/thread.php?thread_id=3719350&forum_id=2#34123708) |
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Date: September 2nd, 2017 5:10 PM Author: deep dysfunction calishitlawguru@gmail.com (http://www.autoadmit.com/thread.php?thread_id=3719350&forum_id=2#34123717) |
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Date: September 2nd, 2017 5:23 PM Author: Nighttime doobsian blood rage Sent, check throwaway xoxo (http://www.autoadmit.com/thread.php?thread_id=3719350&forum_id=2#34123802) |
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Date: September 2nd, 2017 5:03 PM Author: Unhinged fluffy internal respiration dragon Buy a little bit of some Gold/Silver/Platinum right now if your looking to diversify some shit.
I'm a hard core equity focused investor and I've picked up a couple of ounces of gold this year and some silver just to diversify a few % of total wealth.
I also had about an ounce of scrap gold sitting around that I made into jewelry.
Also look into Santa Paula outside of LA for decent opportunities in RE - there is gonna be a lot of development there both in housing communities as well as near the Sears there |
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Date: September 2nd, 2017 5:05 PM Author: deep dysfunction I have like 700k in cash lying around lol. A couple ounces of gold and even pounds of silver won't really diminish my cash position much. (http://www.autoadmit.com/thread.php?thread_id=3719350&forum_id=2#34123694) |
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Date: September 2nd, 2017 5:07 PM Author: Unhinged fluffy internal respiration dragon maybe take 70K and buy some Gold/Plat?
Edit: Why find some buildings with Billboards for sale or other passive investments like parking lots |
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Date: September 2nd, 2017 5:10 PM Author: Chestnut ungodly site philosopher-king Transferable machine guns (http://www.autoadmit.com/thread.php?thread_id=3719350&forum_id=2#34123719) |
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Date: September 2nd, 2017 5:14 PM Author: deep dysfunction I live in California, unfortunately. Although I do have a large gun collection. I have a 1911 45ACP, Glock 19, Remmington 870 Express, 2 M&P AR-15s, Springfield M1A, Springfield M1 Garand (all original parts and serial #s to WW2), Springfield M1903 (all original parts and serial #s to WW1), 10/22, Sig .22 pistol, and a Beretta M9.
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Date: September 2nd, 2017 5:24 PM Author: Chestnut ungodly site philosopher-king Buy a house in NV that's a reasonably close drive, or get a bank deposit box there. (http://www.autoadmit.com/thread.php?thread_id=3719350&forum_id=2#34123808) |
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Date: September 2nd, 2017 5:40 PM Author: Filthy hissy fit (http://www.autoadmit.com/thread.php?thread_id=3719350&forum_id=2#34123969) |
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Date: September 2nd, 2017 5:42 PM Author: opaque impertinent parlor shove it up your cornhole, nigger (http://www.autoadmit.com/thread.php?thread_id=3719350&forum_id=2#34123978) |
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Date: September 2nd, 2017 6:13 PM Author: Vibrant transparent scourge upon the earth parlour I just interested in BIDU (http://www.autoadmit.com/thread.php?thread_id=3719350&forum_id=2#34124190) |
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Date: September 3rd, 2017 10:44 AM Author: disgusting claret shitlib school Buy and rent houses out in Bisbee, AZ, not flame (http://www.autoadmit.com/thread.php?thread_id=3719350&forum_id=2#34128358) |
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Date: September 3rd, 2017 10:52 AM Author: Smoky marketing idea don't u mean chandler, AZ, or he could take a shortcut + give the $$ directly to chandler (http://www.autoadmit.com/thread.php?thread_id=3719350&forum_id=2#34128387) |
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Date: September 3rd, 2017 10:59 AM Author: disgusting claret shitlib school No, still Bisbee but chandler can manage the properties for a fee (http://www.autoadmit.com/thread.php?thread_id=3719350&forum_id=2#34128422) |
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Date: September 3rd, 2017 11:35 AM Author: supple corner famous landscape painting when you say "index funds", what specific funds are you investing in via your sep ira?
why not buy those same (or similar) funds in your taxable? |
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Date: September 3rd, 2017 4:33 PM Author: Smoky marketing idea (http://www.autoadmit.com/thread.php?thread_id=3719350&forum_id=2#34129883) |