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Re: Investment Thoughts
[Re: ko bass attack 27]
#13369888
12/12/19 03:54 AM
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Joined: Jul 2005
Posts: 10,972
MARKIT
TFF Guru
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TFF Guru
Joined: Jul 2005
Posts: 10,972 |
Take the points and put it all on the Sooners. Best advice so far
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Re: Investment Thoughts
[Re: WAWI]
#13369917
12/12/19 04:19 AM
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Joined: May 2002
Posts: 82,952
Bob Davis
Bunkeroid Bob
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Bunkeroid Bob
Joined: May 2002
Posts: 82,952 |
I'd park it in a savings account or 12 month cd. You can get 1.5 maybe 2 percent and wait. Market is real high and with election year coming I'd ease in slowly. Agree. Check the online www.bankrate.com. The risk is 0 and it generates income monthly. $150K at 1.7% throws $212 a month continuously into your pocket. CDs are higher but you have to have your money tied up. If you can afford risk, Pershing / AssetMark have some vehicles that can garner you some higher returns but can give you a heart attack if you watch it closely. Best Savings Accounts & Rates of December 2019 Here are Bankrate's selections for the best online savings accounts: Best Rate (tie): Citibank - 2.05% APY Best Rate (tie): HSBC Direct - 2.05% APY Runner-up Rate: Vio Bank - 2.02% APY High Rate: MySavingsDirect - 1.90% APY High Rate: Comenity Direct Bank - 2.00% APY High Rate: WebBank - 1.95% APY High Rate: Popular Direct - 1.90% APY High Rate: CIBC Bank USA - 1.85% APY High Rate: Citizens Access - 1.85% APY High Rate: CIT Bank - 1.85% APY High Rate: Synchrony Bank - 1.80% APY High Rate: Discover - 1.80% APY High Rate: FNBO Direct - 1.80% APY High Rate: PurePoint - 1.80% APY High Rate: American Express National Bank - 1.75% APY High Rate: Goldman Sachs Bank USA - 1.70% APY High Rate: Barclays Bank - 1.70% APY High Rate: Ally Bank - 1.70% APY
Foxtrot Juliet Bravo
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Re: Investment Thoughts
[Re: Pilothawk]
#13369936
12/12/19 05:21 AM
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Joined: Sep 2016
Posts: 9,461
Floon Swenson
TFF Celebrity
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TFF Celebrity
Joined: Sep 2016
Posts: 9,461 |
As a guy who has spent decades charging a hefty fee for advice, quit asking for advice on a fishing forum. You get what you pay for. You're an attorney - you know this.
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Re: Investment Thoughts
[Re: WAWI]
#13369942
12/12/19 05:34 AM
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Joined: Jul 2015
Posts: 19,770
Bee'z
honey boo boo
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honey boo boo
Joined: Jul 2015
Posts: 19,770 |
I'd park it in a savings account or 12 month cd. You can get 1.5 maybe 2 percent and wait. Market is real high and with election year coming I'd ease in slowly. I would listen to this... Just saying
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Re: Investment Thoughts
[Re: Pilothawk]
#13370074
12/12/19 01:46 PM
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Joined: Sep 2005
Posts: 27,583
Uncle Zeek
aka "Dad"
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aka "Dad"
Joined: Sep 2005
Posts: 27,583 |
Have you considered hunting for bargains on gold bullion coins? Things like American Eagles, Canadian Maple Leafs, etc, rather than proprietary products or graded coins? Gold bullion will most likely increase in value over time,even though it may be an investment left to hand down to your heirs rather than cashing in yourself.
No annual property taxes, and no government records that you own it. Big downside is storage, but for the amount of money you're considering it would be about 8-1/2 pounds worth, which can be managed in a small safe.
"Decency is not news; it is buried in the obituaries --but it is a force stronger than crime" ~ Robert A. Heinlein Artim Law Firm, PLLC Estate planning & tax attorney 2250 Morriss Road, Suite 205, Flower Mound, Texas 75028 972-746-0758 mobile zac@artimlegal.com
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Re: Investment Thoughts
[Re: Mudman63]
#13370093
12/12/19 02:03 PM
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Joined: May 2002
Posts: 5,742
JCG57
TFF Celebrity
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TFF Celebrity
Joined: May 2002
Posts: 5,742 |
Solid recommendations. If it were me and I wanted market exposure, I would lean toward international equities which have underperformed vs. domestic equities in recent years (their time has come) and avoid bonds because interest rates are probably more likely to go up than down in the coming years and that is bad for bond prices. Also - international stocks are one area (along with small caps) where it may make sense to hire an active manager vs. an index fund - check out Morningstar for help finding some good ones.
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Re: Investment Thoughts
[Re: Pilothawk]
#13370113
12/12/19 02:19 PM
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Joined: Mar 2003
Posts: 10,752
Fishin' Nut
TFF Guru
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TFF Guru
Joined: Mar 2003
Posts: 10,752 |
I would build the dream dock. There comes a time when you need to enjoy the money you saved over the course of your career. You earned it, treat yourself to it. That being said you could look at a dividend paying stock. EPD is currently paying close to 6% and its stock price usually swings between $25 and $30. If you don't need the income, reinvest the dividend.
He is truly a sick individual.
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Re: Investment Thoughts
[Re: Pilothawk]
#13370127
12/12/19 02:43 PM
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Joined: Jun 2013
Posts: 657
Chevy4dr57
Pro Angler
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Pro Angler
Joined: Jun 2013
Posts: 657 |
I have had excellent luck with Vanguard Mutual Funds. The reason I went with them is because it was the highest rated Mutual Fund company according to Consumer Reports. I have averaged over 10% every year for over twenty years except two when everyone lost money. When you have over a million you can utilize their Managers at no cost.
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Re: Investment Thoughts
[Re: Pilothawk]
#13370257
12/12/19 04:15 PM
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Joined: Jun 2005
Posts: 44,555
a777pilot
TFF Guru
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TFF Guru
Joined: Jun 2005
Posts: 44,555 |
You're a pilot, so....
Faster cars
Younger women
Older scotch
As for this Marine....I ended up with an older car, an older woman, and I quit drinking.
As for your investments I would put the entire 150k in the bank and once a month put 25k in a CD at your credit union and do this till all 150k is in vested in CD's. Then every month once all is invested you get to decide to renew the CD for another six months or take in out. That would give you time to see what in happening in the wide world of politics, which as you know directly effects the economy.
Good luck.
Look! Up in the sky. It's a bird. It's a plane. No, it's an EMP!
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Re: Investment Thoughts
[Re: Pilothawk]
#13370287
12/12/19 04:40 PM
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Joined: Nov 2018
Posts: 704
Lon Hagler
Pro Angler
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Pro Angler
Joined: Nov 2018
Posts: 704 |
wallstreetbets on Reddit is where I get all my investing advice. YOLO
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Re: Investment Thoughts
[Re: JCG57]
#13371136
12/13/19 01:13 PM
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Joined: Oct 2012
Posts: 2,803
Mudman63
Extreme Angler
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Extreme Angler
Joined: Oct 2012
Posts: 2,803 |
Solid recommendations. If it were me and I wanted market exposure, I would lean toward international equities which have underperformed vs. domestic equities in recent years (their time has come) and avoid bonds because interest rates are probably more likely to go up than down in the coming years and that is bad for bond prices. Also - international stocks are one area (along with small caps) where it may make sense to hire an active manager vs. an index fund - check out Morningstar for help finding some good ones. If one wanted to avoid bonds, then I would go with 80% VTSAX and 20% VTIAX for international equity exposure. These are great funds, low expenses, and full exposure to every publicly traded company on the globe.
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Re: Investment Thoughts
[Re: Pilothawk]
#13371438
12/13/19 04:48 PM
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Joined: Dec 2005
Posts: 4,030
Gungle
TFF Team Angler
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TFF Team Angler
Joined: Dec 2005
Posts: 4,030 |
Getting investment advice on a public forum? Theirs your first mistake........
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Re: Investment Thoughts
[Re: Pilothawk]
#13371450
12/13/19 04:58 PM
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Joined: Jan 2003
Posts: 83,281
Pilothawk
OP
Pumpkin Head
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OP
Pumpkin Head
Joined: Jan 2003
Posts: 83,281 |
You can get advice from as many sources as possible. Not until you act upon it have you made a mistake.
KANSAS JAYHAWK BASKETBALL - Where tradition comes from 2008 NATIONAL BASKETBALL CHAMPIONS-ORANGE BOWL CHAMPIONS 2008 52 Conf Champs /5 Nat'l Champs
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Re: Investment Thoughts
[Re: Pilothawk]
#13371454
12/13/19 05:01 PM
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Joined: Mar 2010
Posts: 25,880
T Bird
TFF Guru
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TFF Guru
Joined: Mar 2010
Posts: 25,880 |
Check out some top rated ETF's.
Okie by birth, Texan by choice. USAF "Thunderbirds" Alumni 1985-1989
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Re: Investment Thoughts
[Re: Pilothawk]
#13371497
12/13/19 05:40 PM
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Joined: Apr 2004
Posts: 14,121
Stump jumper
TFF Guru
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TFF Guru
Joined: Apr 2004
Posts: 14,121 |
I think advisors will tell you if you need the money within 5 years then play it safe. I listened to all the hype about a big market downturn this month along with the gloomy projections for 2020 sold some stocks and bought gold.I think from now on I am going to do the opposite of what they say.
2200 Bay Champ/200 Mercury Optimax 2017 Tundra TSS 4x4 Crewmax 5.7L
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