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.
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.
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
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.
:freelewfather
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.
Fuck you
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
7% and conservative don't exist anymore. How old are you? Did you earn that money or inherit it?
You could always do Bitcoin .. Ok in more seriousness look for a good quality Annuity with guaranteed returns from a high rated Insurance company.. There are several which offer bonus on investment and a nice 6-7% per year sometimes more.. One things for sure is death and taxes and insurance companies are always making money my friend.
buy a gaming house and import a bunch of asian kids and start a professional video games team. I am a Diamond Pro in league of legends, I can be the coach. I'm gonna need 100,000 a year.
I agree SOME are even maybe half but you have to go find a licensed fiduciary to work with and not some assclown whos paid on commission.. Licensed fiduciary is required by law to work in your best interest not their own.. You just have to do some homework and research.. Its one reason why I'm even leary of CFPs in some cases.. Too many clowns in the financial industry only looking out for what can make them rich.. Ideal situation is one who basically only makes money if you do as a small pct of gains that way they have to work in your interest or that don't make a dime off ya.
Hi Friends,
Thank you all for the advice, however I am going to sit tight for a while (meaning the $325,000 in a Money Market, I believe interest rates are going to spike the next two years and my account will be a money machine). And thank you for the like 25 private messages. I call this TEAM PFA.
You have to admit my financial resurgence has been quite remarkable to say the least. in 2009 I was facing dark times, lots of credit card debt, more going out then coming in (I chronicled these events in real time on NWP which for your newbies was the forum that ultimately launched PFA). I literally had a spiritual awakening in 2009 and the rest is history as they say (this is a topic for another day, maybe I will make a thread about it one day, but the power of God is eternal and HIS spirit cannot be broken).
So anyway, thank you for the advice and I printed out the replies and filed them in the event I need to research them down the road.
Stanley.
Just because you can doesn't always mean you should.
The problem with the world today is that nobody does anything based on principal anymore.
If you reach your 80's, consider your life in overtime. Sudden death overtime.
I'll never understand how swimmers get bitten by sharks. Can they not hear the music?
There are currently 1 users browsing this thread. (0 members and 1 guests)