- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
If you had 5-10k to invest and you were in college now..
Posted on 4/3/13 at 3:31 pm
Posted on 4/3/13 at 3:31 pm
..would you try to find the next Apple or would you go with consistent blue chip high dividend stocks?
I have heard many on here say they wish they would have put some money in the market and let it sit back when they were in college. Well my plan in the next year is to find stocks to put about 5-10k in and leave it for 10,20, maybe even 30 years. It's money I don't need and I would love to have a chunk of change waiting on me down the road.
So bless me with your experience and words of wisdom... what would you buy with the mind set of never selling for a looooong time?
I have heard many on here say they wish they would have put some money in the market and let it sit back when they were in college. Well my plan in the next year is to find stocks to put about 5-10k in and leave it for 10,20, maybe even 30 years. It's money I don't need and I would love to have a chunk of change waiting on me down the road.
So bless me with your experience and words of wisdom... what would you buy with the mind set of never selling for a looooong time?
7
Posted on 4/3/13 at 3:37 pm to LSUTOM07
I'd go with blue chip dividend stocks on a drip. Very hard to find that one company thats going to be the next Apple.
Posted on 4/3/13 at 5:00 pm to LSUTOM07
With the longer timeline, I would go for a dividend stock. Sure, you won't make the Apple type of profit, but you also run less of a risk of losing it all on the company going belly up. Reinvest your dividends and take a possible stock split and run with it. Microsoft is a dividend payer that keeps its price low for a reason. They have done a ton of stock splits over the years to keep around $35 a share. Coca-Cola just had a split and also pays a decent dividend. Do some research.
Thats my $.02 fwiw
Thats my $.02 fwiw
Posted on 4/3/13 at 5:31 pm to LSUTOM07
quote:
..would you try to find the next Apple or would you go with consistent blue chip high dividend stocks?
I have heard many on here say they wish they would have put some money in the market and let it sit back when they were in college. Well my plan in the next year is to find stocks to put about 5-10k in and leave it for 10,20, maybe even 30 years. It's money I don't need and I would love to have a chunk of change waiting on me down the road.
So bless me with your experience and words of wisdom... what would you buy with the mind set of never selling for a looooong time?
Dividend stocks or Index Funds/ ETFs. If you are gonna try and find the next "Apple" or "IBM", don't put anymore than 10% of your nest egg into that 1 stock, because you will likely "guess" wrong. It's INFINITELY better to be wrong and lose (or have sub-par gains) on 10% of your investments. And if you happen to be right, it won't take a lot of shares to produce a big "Chunk of change".
Posted on 4/3/13 at 7:49 pm to LSUTOM07
go with the blue chip dividend stock...
Posted on 4/3/13 at 7:51 pm to LSUTOM07
Bitcoins
Posted on 4/4/13 at 11:28 am to LSUTOM07
60% vanguard total stock index
40% vanguard total bond index
low fees, own the whole market, if stocks doing great, you're in, if stocks doing bad, you're not all in....
40% vanguard total bond index
low fees, own the whole market, if stocks doing great, you're in, if stocks doing bad, you're not all in....
Posted on 4/5/13 at 7:16 am to LSUTOM07
I'd use the money to enjoy college more.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News