Got 348,000$ to invest
when's the stock market crash coming though?
Got 348,000$ to invest
when's the stock market crash coming though?
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Throw it into dividend stocks and use the monthly payments to buy guns, ammo, food, water, and medical supplies for the boogaloo
who died?
I'd dollar cost average that
like put in 50-70k in a year over the next 7-5 years
The China trade deal went on life support.
no one. been working for a while and saving up
well done
how active do you wish to be with that? how much risk can you handle?
a popular risk averse strategy is
25% cash
25% market etf
25% bond etf
25% precious metals
and rebalance it once a year
if you want some fun could sneak in some crypto too
if you don't have much experience investing it's best to start a smaller and feel out your emotional reactions to losses
well, certainly don't go and buy 348k pax and then market buy LINK with all of it.
thanks.
i have decent investing experience, however it's focused on small cap companies. I am planning to balance my portfolio and prevent turning out like my father's state lol
My original plan was:
10% small cap (penny stocks, IPOs through broker)
30% Bonds/GICs
>70% in short-term
>30% in long-term
30% Mutual Funds
>20% Energy (conventional)
>15% Energy ("Green")
>25% Financials
>10% Mining/Precious Metals
>20% Healthcare/Pharma
>10% Technology
30% Equities
Criteria is:
>Pays dividends
>"Blue chip"
>Not at 52wk high
>EPS hasn't been negative for 3 quarters
>One I would perform covered calls on
I'd advise ETF over mutual fund, very few funds outperform the market after fees
also, the big benefits for mutual funds investors is a combination of lack of knowledge, and it's often not cost effective to diversify at a small scale
you aren't constrained by ether of those, look at the mutual fund holdings and just buy shares in the companies you're interested in
mutual funds often trick investors by owning stakes in other funds so you can get double dinged on fees
>Pays dividends
would you not have bought apple until a couple years ago or berkshire hathaway?
if you want that cash flow I'd lower the amount of short term bonds and look for some good dividend payers
when I first started investing I had ideas about diversifying like this, but I've switched to overweighting sectors I think will grow above average
>when I first started investing I had ideas about diversifying like this, but I've switched to overweighting sectors I think will grow above average
so where are you parking most of your money to generate fixed income currently?
one I'm a leaf so I'm going to be investing different than you (I never said a specific stock to buy, just index etf)
two I'm currently not, started with 130k from an inheritance and I'm at 500k now, mostly cash and I'm working on building a business right now
feel like the easy 30k from fixed income isn't worth current chances of volatility
went from mining and oil, to cannabis companies for stocks, don't currently see much as undervalued right now
also got in crypto 2016 so I had a bunch of dumb luck
im a leaf too sadly...
good on you, white brother
ok
easiest short term cash flow I know of is tse:fie, costs $7 and pays 5 cents a month
tfsa and rrsp maxed out? avoiding tax is the easiest way to make money and primary residence is the next asset grouping for that
if you can save up that much I'd guess you must live in one of the bigger cities, with the current immigration plan going into real estate should probably work in the long haul unless you're in vancouver and priced out
look up baytex, tse:bte, pretty easy to swing trade that a few times a year, it's one of the most traded stocks on the tse because it's some highly leveraged oil company
why dont you just relax and wait for the final bitcoin dump?
stockhouse.com
owns a bunch of eth, so they follow the price of it
can put it in tfsa
It's already crashing, has been for months. Central banks print money to buy stocks just so all financial institutions won't implode overnight but even that is failing. Look into it.
>tse:fie
MER is a little high, no?
TFSA/RRSP isn't maxed out but will be soon when I do my portfolio revamp.
was researching BTE a bit and it's P/B is great but they're shitting the bed recently with cash flow..
With that much money, just going into passive income user.
don't know how much lower you can get it, little rich after you say putting 30% into mutual funds
you don't hold it long term, just wait for oil to drop down to $40-50, bte goes down to 2, then have some muslim bullshit to pump the price up 50%
it happens a couple times a year
Ill be honest, I love FIE's yield. Plus it's slightly trading under NAV...
nice
After the election is in.