EPT$30,000 to Invest, Halp - Page 2
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Burrfoot
United States1176 Posts
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rabidch
United States20287 Posts
On August 27 2013 10:44 Carnivorous Sheep wrote: they delisted pork bellies on CME in 2011 rip after CSheep bought out all the pork bellies and crashed the price | ||
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Scarecrow
Korea (South)9172 Posts
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andrewlt
United States7702 Posts
On August 27 2013 10:00 Jaaaaasper wrote: Team liquid is not the place to ask for this kind of advice. That being said do you want something really safe (like cd safe)? Do you want a high risk high reward type of thing, or do you want something in the middle. There are tons of possible investments out there, and you should talk to a financial advisor, even if you want to manage your own money you should listen to whats out there from somewhere other than a Internet forum. True. That said, he sounds like he did some due diligence on this matter and is only looking for confirmation on what he's read up. There's enough people here who know what they are talking about and it's pretty easy to spot the people whose "advice" is heavily biased by their political leanings. Or people who are too emotionally charged for investing. Advice for normal people who are not experts: 1. Don't try to time the market 2. Don't invest in stuff you don't understand 3. Ignore the market's daily up and downs as noise 4. Keep mutual fund expenses as low as possible 5. Don't rebalance, trade or even check too often (seriously, research actually shows that people who pay more attention to the market end up with lower returns) 6. Keep expectations reasonable 7. Have the amount of risk that's right for you | ||
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crayhasissues
United States682 Posts
Also, if you have a brokerage account, most sites offer free research from various sources. You usually will find many different opinions. You're young, so remember to balance risk/potential to returns for whatever you are looking at. PM me if you have anything else you need to know (I have an MBA in accounting/finance) | ||
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ninazerg
United States7290 Posts
On August 27 2013 10:44 Carnivorous Sheep wrote: they delisted pork bellies on CME in 2011 rip Just to keep the poor man poor! I buy all my pork bellies on the black market. | ||
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sam!zdat
United States5559 Posts
On August 27 2013 11:59 andrewlt wrote: it's pretty easy to spot the people whose "advice" is heavily biased by their political leanings. just want to point out that the belief that the capitalist economy will continue to function "normally" in the mid-horizon future is also a "political leaning"  there is no such thing as neutrality | ||
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pokeyAA
United States936 Posts
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Cyro
United Kingdom20263 Posts
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felisconcolori
United States6168 Posts
My issue with everyone talking about financial collapse and buy gold - Yes, I've heard this before. When was it... sometime in the 80s I think. Fears caused a big demand for gold from investors, leading to a drastic spike in price and then suddenly a crash when it turned out that gold really isn't that spendy when you want something to eat. (Horrible, general, paraphrased, not well researched, possibly factually incomplete, but I was 10, sue me.) If you absolutely want to get into precious metals, I'd skip gold and silver (they're the immediate go to for people that only hear "gold will never be worthless unlike your greenbacks!") and head for something like palladium. Alternately, if you want to go for not precious but getting rarer all the time, there's copper. In either case, if a true apocalypse happens - you're pretty much out of luck. Gold's only value is in being rare, you can't eat it. I'm not a financial person. (This is why I hope Boss shows up - he is.) But for relatively safe with horrible yields, bonds from governmental units that you think are capable of paying up (United States EE, I, etc, but not Detroit Municipal bonds). Slightly better yield might be regular CDs from a respected bank or credit union. In the stock market, managed funds or indexes might work. (You might also lose everything - I've got a "TSP" (basically a 401k but for government employees/military) and several coworkers in the past saw great drops in the managed S fund, which is mostly invested into stocks. Being more lazy than that, the G fund hasn't had any significant loss but it's also a slow grower.) Generally, depending on when you plan on getting a return, how much of a return, and how you want to manage any tax liability should give you better guidance. + Show Spoiler + This is not financial advice. This is a guy with a headache typing. You seem to be in a relatively good financial position, and your adviser seems to be doing a good job. Listen to him/her. | ||
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Blazinghand
United States25550 Posts
I'm sure there are other ETFs too if you want to do some research. Emerging markets just took a hit so it might be a decent time to put some money in there | ||
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Phelix
1931 Posts
On August 27 2013 10:44 Carnivorous Sheep wrote: they delisted pork bellies on CME in 2011 rip RIP indeed, that was a sad day in July 2011. Oh well, the other substitute now is lean hogs. As long as you don't invest in eSports, you're going to be alright. Just wondering, do you have a life insurance policy? You can never expect what's going to happen, and since you're young, probably could get it cheap. | ||
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remedium
United States939 Posts
+ Show Spoiler + ![[image loading]](http://i.imgur.com/a2WpIAG.png) | ||
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FXOBoSs
337 Posts
Then ladder your minimum position on those stocks, so if your minimum is buying $100 at a time, you grid that stocks price history into a certain number and buy minimum position. If it goes down X pts you buy another minimum so on so forth. Do that on a bunch of solid stocks and the dividends will get you good income and you will dollar cost average your buy price. Don't try to predict the market if you are in it for the long run. Edit: also look at companies who have paid dividends who have almost 0 chance of going bust -.- like say, coca cola? I haven't looked at US stocks for ages, so I am not up to date on specific information. Edit: also your averaging point should be number of minimum buys that make your total investment. So if you want to buy only 10 minimums of that stock you should divide the history prices by 10 and buy at every point. Not buy 10 times at the top if it goes up a bit then goes down  | ||
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CatNzHat
United States1599 Posts
On August 27 2013 11:23 MrRicewife wrote: Tesla Motors... invest in that company. met the CEO at a startup incubator, was kind of a dick, i'd say take that 30k and hire an evil genius to create a scheme to steal his stake in his own company, and then kill him with a toaster and make it look like an accident. | ||
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FXOBoSs
337 Posts
On August 27 2013 14:57 CatNzHat wrote: met the CEO at a startup incubator, was kind of a dick, i'd say take that 30k and hire an evil genius to create a scheme to steal his stake in his own company, and then kill him with a toaster and make it look like an accident. Most good CEO's are dicks. But I dno about this one | ||
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Nicolas
114 Posts
Disclaimer: I make websites and I want the 30k. | ||
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ninazerg
United States7290 Posts
As long as you don't invest in eSports, you're going to be alright. That's only if you invest in SC2. If you host three 10k TSL-style tours for BroodWar, that would be heroic, and you would become a living legend. | ||
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igay
Australia1178 Posts
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vpatrickd
Indonesia279 Posts
Right now SC2 isn't doing as well as LoL or Dota 2. Even BW might make more returns than SC2 to be honest. That, as well as which region to invest in. The European scene and Korean/Chinese scene is very much saturated. The only regions left are: NA, South America, or the SEA/Aus/NZ scenes that are still very fragmented. These regions have been dying for investments in eSports. | ||
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