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Started By
Message
Help me invest 20k
Posted on 4/20/20 at 11:34 am
Posted on 4/20/20 at 11:34 am
I have some liquidity from a recent event. I am going to invest 20k. My initial plan is to invest about 1/3 in high index mutual funds, a 1/3 in blue chips stocks (apple, Disney, etc), and a 1/3 in some flier stocks (LUV and other travel industries). Any suggestions on any of the 1/3? I will be using fidelity.
Posted on 4/20/20 at 11:34 am to GeauxTigers777
My risk tolerance is high.
Posted on 4/20/20 at 11:41 am to GeauxTigers777
YAYO
HKRS
no DCA. lump sum investment.
HKRS
no DCA. lump sum investment.
Posted on 4/20/20 at 11:46 am to GeauxTigers777
I'm in no position to give advice.. Your plan looks pretty diverse.
Posted on 4/20/20 at 12:01 pm to GeauxTigers777
quote:
a 1/3 in blue chips stocks (apple, Disney, etc), and a 1/3 in some flier stocks (LUV and other travel industries). Any suggestions on any of the 1/3?
You could make the decision much easier/simpler by buying BRK.B to cover the airlines, Apple, and financials and wouldn't have to pay taxes until you sell as it does not pay dividends to shareholders. You could put half in that, then split the other half VIG/VYM, VIG is higher quality, VYM pays greater dividend. Look at the portfolio holdings each. Buffett might find some really good direct investment opps via BRK.B, in addition to what it currently owns. Still waiting to see if he will get paid in OXY shares on that preferred deal instead of cash, if OXY remains a going concern.
Posted on 4/20/20 at 12:09 pm to tirebiter
I like this idea. Would you cost average over the next few weeks or lump sum?
Posted on 4/20/20 at 12:33 pm to GeauxTigers777
(no message)
This post was edited on 12/3/23 at 12:43 pm
Posted on 4/20/20 at 12:40 pm to GeauxTigers777
quote:
I like this idea. Would you cost average over the next few weeks or lump sum?
Lump sum
I put $30,000 in a new TD Ameritrade account 2 weeks ago. Don't think I'll regret not using a DCA strategy, as I shouldn't have a reason to touch any of this for quite a while.
Posted on 4/20/20 at 1:28 pm to GeauxTigers777
VYM and BRK.b are roughly down 18% YTD including today's pricing at the moment, VIG is only down ~ 8% indicating the "quality" difference. Depends on what your time frame is, if it is short term current price makes more difference than longer term. ETA, the easy upside has pretty much been made, so YMMV.
cnbc
cnbc
This post was edited on 4/20/20 at 1:59 pm
Posted on 4/20/20 at 1:30 pm to GeauxTigers777
I can make you a millionaire if you have a place to put a shite ton of oil...
Posted on 5/3/20 at 9:04 pm to Navajo61490
Any updates OP? I’m thinking of putting $10k in the market but not quite sure.
Posted on 5/3/20 at 9:50 pm to cmlsu
quote:
I’m thinking of putting $10k in the market but not quite sure.
My only suggestion, don’t try to time it.
There seem to be a lot of good stocks still on sale. Make a plan and jump on in.
Posted on 5/3/20 at 10:02 pm to GeauxTigers777
I would look at some petro stocks. Oil is stupidly low because of the Saudis getting into a production war with Russia right as the COVID shite hit the fan AND I think refineries were just swapping over to summer blends (could be off on my timing on that though). Now there's a massive glut on supply that's keeping prices (including stock prices) down. XOM (Exxon) is still a great buy at $43 (and their dividend does not suck). Don't expect it to get back up to the 60's/70's overnight though, it's going to take a LOT of travel to eat into it but it will happen.
I've picked up a bit of PK (it's a parks/hotels stock that traditionally runs around $30 but it hovering around 7-9 during all of this virus stuff). It's a bit riskier and probably a longer-term stock, but it's been solid for years so I don't see it not making back at least most of its losses.
VUG and VIGAX were making some good gains prior to this, both are still good buys.
I've picked up a bit of PK (it's a parks/hotels stock that traditionally runs around $30 but it hovering around 7-9 during all of this virus stuff). It's a bit riskier and probably a longer-term stock, but it's been solid for years so I don't see it not making back at least most of its losses.
VUG and VIGAX were making some good gains prior to this, both are still good buys.
This post was edited on 5/3/20 at 10:08 pm
Posted on 5/4/20 at 9:27 am to AUCE05
I ended up going 5K in VYM, 5k in BRK/B. 1k in OXY, RUTH, MGM. 3k in LUV, 1k in DAL. We will see where it rides out.
Posted on 5/4/20 at 12:44 pm to GeauxTigers777
quote:
Message
Help me invest 20k by GeauxTigers777
I ended up going 5K in VYM, 5k in BRK/B. 1k in OXY, RUTH, MGM. 3k in LUV, 1k in DAL. We will see where it rides out.
Seems like a good lineup.
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