Page 1
Page 1
Started By
Message

Sold some old business equipment and want to invest

Posted on 8/29/25 at 3:23 pm
Posted by El Gallo
Rock Hill
Member since Oct 2022
25 posts
Posted on 8/29/25 at 3:23 pm
Im in my 50’s and trying to be smart with any investment. Trying to buy a house next year, i have closing costs and inspections money set aside for that.
I have 10k to invest
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40084 posts
Posted on 8/29/25 at 3:30 pm to
If you need it in 12 months or less then just stick it in a HYSA.

Good chance you'd get better returns in the market, but good enough chance you wouldn't and your time frame is pretty short.
Posted by makersmark1
earth
Member since Oct 2011
20090 posts
Posted on 8/29/25 at 3:33 pm to
Get a CD or US treasury bill/bond that suits your time frame
Posted by El Gallo
Rock Hill
Member since Oct 2022
25 posts
Posted on 8/29/25 at 4:06 pm to
I can let it ride for a few years
Posted by bayoubengals88
LA
Member since Sep 2007
23479 posts
Posted on 8/29/25 at 4:20 pm to
quote:

I can let it ride for a few years

NBIS
IREN
RKLB
ASTS
AMPX
LTRX

Throw a dart (as long as it lands on NBIS)

I would put 4.5k on two of those and put 1k on HGRAF.
Use ChatGPT of equivalent and make your decision.
At worst, I think you'd be looking at 20k in two years.
This post was edited on 8/29/25 at 4:25 pm
Posted by TorchtheFlyingTiger
1st coast
Member since Jan 2008
2893 posts
Posted on 8/29/25 at 4:28 pm to
Risk tolerance, objectives , time frame, existing portfolio allocation vs target allocation, tax bracket now and when you need $, do you have retirement accounts or HSA and if so are they fully funded for the year, are you already maxing any match? Without knowing these you are gonna get recommendations that arent optimal for your situation and some that are likely wildly inappropriate.

That said, my go to default investment is VTI or a similar low expense ratio index ETF assuming you dont need the $ short/mid term and willing to accept losses and/or ride it out for years waiting to recover.
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
77685 posts
Posted on 8/29/25 at 4:38 pm to
VTI or VOO? I also see good things about VUG.
Posted by slackster
Houston
Member since Mar 2009
91271 posts
Posted on 8/29/25 at 4:41 pm to
quote:

NBIS IREN RKLB ASTS AMPX LTRX Throw a dart (as long as it lands on NBIS) I would put 4.5k on two of those and put 1k on HGRAF. Use ChatGPT of equivalent and make your decision. At worst, I think you'd be looking at 20k in two years.


At worst you’re probably looking at $2,000 with that group, not $20k
Posted by bayoubengals88
LA
Member since Sep 2007
23479 posts
Posted on 8/29/25 at 4:51 pm to
Let’s revisit.
Give me 4.5k in NBIS and RKLB plus 1k in HGRAF as of today’s close.
Posted by slackster
Houston
Member since Mar 2009
91271 posts
Posted on 8/29/25 at 4:56 pm to
I own some of the stocks you mentioned, I just think it’s incredibly short sighted to say that doubling your money is the “worst” scenario with any 2 of those 5. That’s not even remotely true.
This post was edited on 8/29/25 at 4:57 pm
Posted by bayoubengals88
LA
Member since Sep 2007
23479 posts
Posted on 8/29/25 at 5:19 pm to
quote:

to say that doubling your money is the “worst” scenario with any 2 of those 5. That’s not even remotely true.
You are correct. But I think NBIS will be $150 at minimum two years from today.
Posted by slackster
Houston
Member since Mar 2009
91271 posts
Posted on 8/29/25 at 5:54 pm to
I own NBIS and hope you’re right.
Posted by PNW_TigerSaint
Member since Oct 2016
1299 posts
Posted on 8/29/25 at 8:41 pm to
BOXX if you won’t need it for over 13 months
Posted by KWL85
Member since Mar 2023
2966 posts
Posted on 8/30/25 at 8:30 am to
Don't spend an hour researching individual stocks and think you have sure bets. I would stick with an s&p500 etf. VOO is one, but there are several.
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