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#12
07-12-2007, 04:12 PM
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Re: What would you do with $100K and 3 months spare
[ QUOTE ]
two chicks at the same time. [/ QUOTE ] .2 chicks at the same time. 
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#13
07-23-2007, 05:00 PM
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Re: What would you do with $100K and 3 months spare
I'd buy $500k+ worth of real estate. Passive income easily manageable(by PM) cashflow properties if I didn't want to spend time actively investing like I assume you are trying to do if you play a lot of poker.
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#14
07-23-2007, 07:02 PM
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Re: What would you do with $100K and 3 months spare
[ QUOTE ]
I'd buy $500k+ worth of real estate. Passive income easily manageable(by PM) cashflow properties if I didn't want to spend time actively investing like I assume you are trying to do if you play a lot of poker. [/ QUOTE ] I'm going to stick my head out and guess that you haven't been involved in this real estate business too long. Real estate sounds cool but it is no way as easy as you make sound to be. What's easy though, is Vanguard's Total Stock Market Index Fund.
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#15
07-23-2007, 07:41 PM
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Re: What would you do with $100K and 3 months spare
[ QUOTE ]
[ QUOTE ] I'd buy $500k+ worth of real estate. Passive income easily manageable(by PM) cashflow properties if I didn't want to spend time actively investing like I assume you are trying to do if you play a lot of poker. [/ QUOTE ] I'm going to stick my head out and guess that you haven't been involved in this real estate business too long. Real estate sounds cool but it is no way as easy as you make sound to be. What's easy though, is Vanguard's Total Stock Market Index Fund. [/ QUOTE ] Agree Vanguard kicks ass.
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#16
07-23-2007, 08:50 PM
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Re: What would you do with $100K and 3 months spare
I would stick it in like 50% total stock 50% high yield bonds if you don't want much risk.
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#17
07-23-2007, 09:46 PM
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Re: What would you do with $100K and 3 months spare
[ QUOTE ]
I would stick it in like 50% total stock 50% high yield bonds if you don't want much risk. [/ QUOTE ] I'm not sure this is sound advice. High yield bonds are relatively high risk, and they don't add much to the diversification of a stock portfolio. Junk bonds are more correlated to stock prices.
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#19
07-24-2007, 04:55 AM
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Re: What would you do with $100K and 3 months spare
[ QUOTE ]
JK, is this fun money, or investing money which you cannot risk losing? [/ QUOTE ] Judging from his previous posts, it's fun money until the stock becomes a losing investment. Then ZOMG; Y Y Y DID i DO IT.
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#20
07-24-2007, 06:07 AM
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Re: What would you do with $100K and 3 months spare
thanks for the replies. personally i don't have confidence index funds mainly becuase i keep expecting a crash. maybe i've read too much scaremongering.
however, that does not mean i am not looking at the stock market to make some money, just i'd rather go for some individual stocks. ahnuld, i wish this was fun money, i have about $160K in total. personally looking at it im really happy, last december when i set up a spreadsheet with all my finances and everything (who owes me what, which sites, which bank accounts etc) i had about $20K in total, so it's gone well (plus spent $10K+ on having fun). so whilst i am willing (i say this in agreement with slowhabit, much with poker, as soon as i lose a little bit i start going apeshit over why did i do this, no matter even if it was +EV, ill start questioning why i didnt do something else etc). right now i like having it in my online savings account and getting monthly interest of about $250 (only got about $80K in savings, rest is on poker sites, shares, stakings etc). I was basically wondering whether there was something people 'did' when they had a very low 6 figure sum in $, but part of me always remembers a quote i heard on this site, that the hard part about having money is not losing it.
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