Page 1 of 2 12 LastLast
Results 1 to 20 of 35

Thread: How to invest $325,000 in cash (CASH)

  1. #1

    How to invest $325,000 in cash (CASH)

    Any ideas? I am not a wealthy guy, I probably only have maybe $800,000 to my name. I am looking for slow and conservative investments that pay a nominal yield, maybe 7% a year.

    Help, serious thread no flames.

     
    Comments
      
      hongkonger: Bottomfag
      
      chinamaniac: rich
      
      nunbeater: probably only maybe have $800k up your ass
      
      Muck Ficon: Attention whore much?
      
      Tegnation22: Hyena

  2. #2
    Bronze
    Reputation
    18
    Join Date
    Mar 2012
    Location
    Appleton, WI
    Posts
    91
    Do some research, you can handle it on your own.

    Check out Tony Robbins money book.

    Read blogs and books from guys like Tim Ferrris and James Altucher.

    Check out wealthfront.com and take their risk assessment quiz.

    There is a wealth of free information out there.

    Peace,

    Hozer11

  3. #3
    Quote Originally Posted by Just Stanley View Post
    Any ideas? I am not a wealthy guy, I probably only have maybe $800,000 to my name. I am looking for slow and conservative investments that pay a nominal yield, maybe 7% a year.

    Help, serious thread no flames.

    Only 800k?

    If you have no business sense, dont invest in ANY sort of business. You most likely will get rolled. Keep continuing to do what made you that money in the first place and invest and real estate and stocks. Again, do NOT invest in any business ventures unless you are good at it. Your relatives "kick ass" restaurant idea will not work out.

     
    Comments
      
      MumblesBadly: 90% of the best investment advice is what to avoid.
    :freelewfather

  4. #4
    You should buy some property in somewhere with a booming housing market I would suggest Perth, Western Australia. Then you should keep the rest safe in an off sure bank account, possibly in the Cayman Islands.

     
    Comments
      
      simpdog: GREAT
      
      nunbeater: lulzdf
      
      Muck Ficon: Lol

  5. #5

  6. #6
    Quote Originally Posted by Hozer11 View Post
    Do some research, you can handle it on your own.

    Check out Tony Robbins money book.

    Read blogs and books from guys like Tim Ferrris and James Altucher.

    Check out wealthfront.com and take their risk assessment quiz.

    There is a wealth of free information out there.

    Peace,

    Hozer11
    Altucher is a clever writer and podcaster. Jim Cramer recognized his infotainment potential and long ago made him his first round draft choice for his site.

  7. #7
    Quote Originally Posted by JACKDANIELS View Post
    You should buy some property in somewhere with a booming housing market I would suggest Perth, Western Australia. Then you should keep the rest safe in an off sure bank account, possibly in the Cayman Islands.
    You beat me to it. Nice one.

  8. #8
    I hear some guy is giving 10% on OPC Pineapple, sounds legit.
    "Druff would suck his own dick if it were long enough"- Brandon "drexel" Gerson

    "ann coulter literally has more common sense than pfa."-Sonatine

    "Real grinders supports poker fraud"- Ray Davis


    "DRILLED HER GOOD"- HONGKONGER

  9. #9
    Quote Originally Posted by simpdog View Post
    Quote Originally Posted by JACKDANIELS View Post
    You should buy some property in somewhere with a booming housing market I would suggest Perth, Western Australia. Then you should keep the rest safe in an off sure bank account, possibly in the Cayman Islands.
    You beat me to it. Nice one.
    LOL. I don't even know if you guys are being trolls or not. That is why this is so funny.

  10. #10
    7% and conservative don't exist anymore. How old are you? Did you earn that money or inherit it?

  11. #11
    Quote Originally Posted by snake_in_the_ass View Post
    7% and conservative don't exist anymore. How old are you? Did you earn that money or inherit it?
    Is this a serious question ?

  12. #12
    Quote Originally Posted by cmoney View Post
    Quote Originally Posted by Just Stanley View Post
    Any ideas? I am not a wealthy guy, I probably only have maybe $800,000 to my name. I am looking for slow and conservative investments that pay a nominal yield, maybe 7% a year.

    Help, serious thread no flames.

    Only 800k?
    *cries inside*

  13. #13
    Banned
    Reputation
    1069
    Join Date
    Mar 2012
    Posts
    5,095
    Ask your friend Morgan

  14. #14
    Quote Originally Posted by Tellafriend View Post
    Quote Originally Posted by snake_in_the_ass View Post
    7% and conservative don't exist anymore. How old are you? Did you earn that money or inherit it?
    Is this a serious question ?
    Fake question. Just like fake news. If he earned that money from a business, my advice would be to plunk that cash back into it. That would be the best bet.

  15. #15
    NoFraud Poker Room Manager Belly Buster's Avatar
    Reputation
    1314
    Join Date
    Mar 2012
    Location
    England
    Posts
    3,527
    Lol bottomset.

    You've gone from $200k liquid to $275k liquid to $325k liquid in less than 2 years.

    Why do you need investment advice? Just wait a while and you'll be $400k liquid by Christmas.
    Quote Originally Posted by Dan Druff View Post
    BTW JACKDANIELS is the first one banned from the thread. He is accusing me of being "duped by a middle aged man who dresses like John Cena"
    #FREEJACK #NEVERFORGET

    NoFraud Online Poker Room: http://nofraud.pokerfraudalert.com:8087. For password resets and reload requests PM me.

  16. #16
    Invest in Drexels ofc app. Sit back and wait for the coins to roll in.
    cmoney :It would be nice if Mexico could simply get human feces out of its drinking water

  17. #17
    Thanks for those that offered the advice. I get it, $325,000 (CASH) is not a lot in the grand scheme of things. But its a lot to me. Any more serious help is much appreciated. Trolls, please stop, Larry Laffer can give you your poison, stop by his threads.

     
    Comments
      
      Muck Ficon: :noose

  18. #18
    well ryancare is soon to be a very real thing, so you mayyy want that money handy to pay insurance premiums/deductibles.

    unless, of course, you have statistically freakish vitals, then you're good/invest in the prison-industrial complex.

  19. #19
    Master of Props Daly's Avatar
    Reputation
    2299
    Join Date
    Mar 2013
    Posts
    9,043
    Really can't get a good answer without knowing more details. How old are you? How long until retirement? You married, any kids? This all you have to your name? What's the other ~$400K in? You have a job? Pension? Where do you live now and want to live in retirement?

    A 65 year old single guy living in Jupiter Florida with a paid off house I'd tell you to leave it in a checking account and to spend it one early bird at a time while you enjoy not working.

    A 30 year old with 2 kids living in San Jose I'd say go to Macu and hope for the best over a long weekend.

     
    Comments
      
      GringoStar: best answer so far

  20. #20
    Buy the ETF RSP.

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. i'm wasted shooting some cash off!
    By donkeykilla in forum Flying Stupidity
    Replies: 0
    Last Post: 10-03-2015, 08:31 PM
  2. Replies: 41
    Last Post: 07-31-2015, 12:08 PM
  3. who says I don't cash..quarter poker..lol
    By thesparten in forum Poker Community Discussion
    Replies: 1
    Last Post: 02-23-2015, 02:43 AM
  4. What would your roll have to be- cash version
    By jsearles22 in forum Flying Stupidity
    Replies: 36
    Last Post: 08-06-2014, 03:46 PM
  5. New WSOP cash-out policy?
    By TheXFactor in forum 2014 World Series of Poker
    Replies: 2
    Last Post: 06-04-2014, 09:54 PM