Page 1
Page 1
Started By
Message

I have 100k cash and no earthly idea what to do with it

Posted on 6/12/23 at 6:08 pm
Posted by Vanilla Ice
2018 Saints Talk Poster of the Year
Member since Apr 2013
5455 posts
Posted on 6/12/23 at 6:08 pm
Scared to buy anymore crypto

Was doing great in the stock market til it crashed

Best mutual funds?

What would you do with it?
This post was edited on 6/12/23 at 6:09 pm
Posted by blzr
Saratoga
Member since Mar 2011
30522 posts
Posted on 6/12/23 at 6:11 pm to
quote:

Scared to buy anymore crypto Was doing great in the stock market til it crashed


The opposite of what you’ve been doing
Posted by MrSpock
Member since Sep 2015
4827 posts
Posted on 6/12/23 at 6:21 pm to
I would buy a property
Posted by lynxcat
Member since Jan 2008
24738 posts
Posted on 6/12/23 at 6:29 pm to
Lump sum into SCHB or DCA into it if you need the psychological boost.
Posted by UltimaParadox
North Carolina
Member since Nov 2008
47374 posts
Posted on 6/12/23 at 6:36 pm to
If you don't need it anytime soon. Low cost index fund like VTI.
Posted by rpg37
Ocean Springs, MS
Member since Sep 2008
51940 posts
Posted on 6/12/23 at 6:45 pm to
Buy a house and rent it.
Posted by notiger1997
Metairie
Member since May 2009
60860 posts
Posted on 6/12/23 at 6:50 pm to
quote:

Was doing great in the stock market til it crashed


When was this?
Posted by BZ504
Texas
Member since Oct 2005
11608 posts
Posted on 6/12/23 at 6:51 pm to
MVIS and ZOM
Posted by SloaneRanger
Upper Hurstville
Member since Jan 2014
10993 posts
Posted on 6/12/23 at 8:01 pm to
Park it somewhere at 5% until you have a well thought through plan.
Posted by agilitydawg
Member since Aug 2022
163 posts
Posted on 6/12/23 at 8:35 pm to
How did you get here? Is this money that was in the stock market that you pulled out? A windfall? What percentage of your invested assets does this represent. Based on the fact you have been invested in the stock market and crypto, and are looking for input what brought you here?
Posted by Big_Sur
Member since Nov 2012
1169 posts
Posted on 6/12/23 at 9:27 pm to
Put half into FBGRX, half into VTI.
Posted by Im4datigers
Northern Virginia
Member since Oct 2003
4556 posts
Posted on 6/12/23 at 9:34 pm to
quote:

Park it somewhere at 5% until you have a well thought through plan.


This exactly.
Posted by AkronTiger
Rubber City
Member since May 2021
2351 posts
Posted on 6/13/23 at 6:11 am to
quote:

Park it somewhere at 5% until you have a well thought through plan.


Could have ended thread here
Posted by Billy Blanks
Member since Dec 2021
4771 posts
Posted on 6/13/23 at 7:02 am to
1. Pay off any credit cards.
2. Max out every retirment account for the year.
3. Pay off car note if you have a high rate.

4. If there's any left over, investment property.
Posted by Drizzt
Cimmeria
Member since Aug 2013
14441 posts
Posted on 6/13/23 at 6:36 pm to
You are Vanilla Ice. You have $100k. The answer is hookers and blow.
Posted by rocksteady
Member since Sep 2013
1808 posts
Posted on 6/13/23 at 7:05 pm to
Plow it all into crypto to average down and pray it has another run. Then sell it all and give it to me for all of my potato skin coins
Posted by CajunTiger78
Member since Aug 2017
2879 posts
Posted on 6/14/23 at 7:14 am to
Put it in TSLA stock and come back to it in 5 years if you do not need it. I'm not joking, it's probably the best growth stock to put it in. Even letting it sit 1 year would more than likely gain you great gains.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram