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Ideas to invest

tetzaboca 217 14 March 30, 2016 at 02:49 PM
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Last Edited by tetzaboca March 30, 2016 at 07:38 PM
Where to invest cash?


I used to trade stocks but realized the more money I put in it became much harder to make money. Now I only buy a little of the DJIA index ETF every month. I am still contributing to the roth.

I recognize that generating <.5% APY is a loss of potential earnings, so I am looking for ideas on places to invest. Even 5% would mean a lot to me. Lending Club seems good (just got it), family loan bonuses have been great too, but I need some more Ideas. I don't need it to be liquid either.

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#2
> I used to trade stocks but realized the more money I put in it became much harder to make money.

Thanks. I did not know that. Glad I stopped my exploration in single stocks and short-term gain a while ago.

I don't do borrowing or lending especially with family or friends. Mostly I just gift money to them if they need it badly without me being the enabler.

I would just throw all the money saved into the retirement accounts (IRA/Roth IRA and HSA, 401k) and leave some emergency fund in the money market or savings account. Then in those retirement account choose good funds with low load / cost ratio and good long track record for investing.

It is probably more useful to put more energy into your income side and try to finish school with minimal time and hopefully without student debt. In other words, work hard and study hard like you have no tomorrow. Play comes later.
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Last edited by teetee1 March 30, 2016 at 05:38 PM
#3
I am also interested to know more. Besides stocks, what are other good investments? I looked into real estate and found these sites - Homeunion, Roofstock, Fundrise but not sure if I should do it. Anyone have insights on this?
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#4
Quote from ivedtara View Post :
I am also interested to know more. Besides stocks, what are other good investments? I looked into real estate and found these sites - Homeunion, Roofstock, Fundrise but not sure if I should do it. Anyone have insights on this?
Cool I am looking into roofstock and fundrise now

Quote from teetee1 View Post :
> I used to trade stocks but realized the more money I put in it became much harder to make money.

Thanks. I did not know that. Glad I stopped my exploration in single stocks and short-term gain a while ago.

I don't do borrowing or lending especially with family or friends. Mostly I just gift money to them if they need it badly without me being the enabler.

I would just throw all the money saved into the retirement accounts (IRA/Roth IRA and HSA, 401k) and leave some emergency fund in the money market or savings account. Then in those retirement account choose good funds with low load / cost ratio and good long track record for investing.

It is probably more useful to put more energy into your income side and try to finish school with minimal time and hopefully without student debt. In other words, work hard and study hard like you have no tomorrow. Play comes later.
Point taken, thanks man.
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Last edited by tetzaboca March 30, 2016 at 07:39 PM
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#5
I got tired of chasing rates for CDs so I got into Dividend Stocks. Bought some safe stocks like T yielding 5% and VZ at 4.5% so that's almost as good as CDs. I don't see VZ or T going out of biz and Sprint or Tmobile killing them anytime soon. 10 yrs from now people will still have cell phones or cell chips in their ears/skin that will connect us all. I doubt we will have moved onto new tech that puts the cell companies out of biz.
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#6
i do lending club. do a lot of reading before you start buying stuff. you want to mitigate your risk by buying lots of small notes for people you think will pay it back. as a general rule avoid notes originating from CA. they have the highest default rate or at least that was what i read.
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so i spent time making a signature. only to realize that you couldn't put an image in the signature. please enjoy the link to my signature, assuming it works.

http://imgur.com/FtBghZ2
#7
Quote from tetzaboca View Post :
Where to invest cash?


I used to trade stocks but realized the more money I put in it became much harder to make money.
How does putting more money in make it harder to make money..?
You just have to be patient and buy stocks at a discount, take the long term approach.
Buy when everyone else is afraid. China economy doing bad, stock market tanks and brings every stock down with it.. find the ones trading at a discount that aren't affected by China.

Do your own due diligence, take everything everyone says with a grain of salt, analyst are wrong A LOT, do your own research, buy at good valuations.

Look at HZNP, Forward P/E of 6(Heavy discount)
Do your own due diligence though.
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#8
Quote from AnthonyP6674 View Post :
How does putting more money in make it harder to make money..?
You just have to be patient and buy stocks at a discount, take the long term approach.
Buy when everyone else is afraid. China economy doing bad, stock market tanks and brings every stock down with it.. find the ones trading at a discount that aren't affected by China.

Do your own due diligence, take everything everyone says with a grain of salt, analyst are wrong A LOT, do your own research, buy at good valuations.

Look at HZNP, Forward P/E of 6(Heavy discount)
Do your own due diligence though.
I found out about state municipality bond ETF's and might be interested in those. I don't have as much time to research so am more averse to small/medium cap stock picking.
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#9
Quote from tetzaboca View Post :
I found out about state municipality bond ETF's and might be interested in those. I don't have as much time to research so am more averse to small/medium cap stock picking.
Yeah if you don't have the time to do the research definitely look at ETF's instead of individual stocks.
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