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Help me invest 20k

Posted on 4/20/20 at 11:34 am
Posted by GeauxTigers777
Member since Oct 2007
1591 posts
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 by GeauxTigers777
Member since Oct 2007
1591 posts
Posted on 4/20/20 at 11:34 am to
My risk tolerance is high.
Posted by Fat Bastard
2024 NFL pick'em champion
Member since Mar 2009
88996 posts
Posted on 4/20/20 at 11:41 am to
YAYO

HKRS

no DCA. lump sum investment.
Posted by stewie
Member since Jan 2006
4024 posts
Posted on 4/20/20 at 11:46 am to
YOLO
Posted by JDPndahizzy
JDP
Member since Nov 2013
6918 posts
Posted on 4/20/20 at 11:46 am to
I'm in no position to give advice.. Your plan looks pretty diverse.
Posted by tirebiter
7K R&G chile land aka SF
Member since Oct 2006
10710 posts
Posted on 4/20/20 at 12:01 pm to
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 by GeauxTigers777
Member since Oct 2007
1591 posts
Posted on 4/20/20 at 12:09 pm to
I like this idea. Would you cost average over the next few weeks or lump sum?
Posted by Boringaccountant
Member since Apr 2020
17 posts
Posted on 4/20/20 at 12:33 pm to
(no message)
This post was edited on 12/3/23 at 12:43 pm
Posted by LSU
Houston
Member since Oct 2003
9083 posts
Posted on 4/20/20 at 12:40 pm to
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 by TejasHorn
High Plains Driftin'
Member since Mar 2007
11587 posts
Posted on 4/20/20 at 12:40 pm to
40K barrels of oil.
Posted by tirebiter
7K R&G chile land aka SF
Member since Oct 2006
10710 posts
Posted on 4/20/20 at 1:28 pm to
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

This post was edited on 4/20/20 at 1:59 pm
Posted by touchdownjeebus
Member since Sep 2010
26044 posts
Posted on 4/20/20 at 1:30 pm to
I can make you a millionaire if you have a place to put a shite ton of oil...
Posted by seawolf06
NH
Member since Oct 2007
8159 posts
Posted on 4/20/20 at 2:48 pm to
WEED

LINK
Posted by Navajo61490
Baton rouge
Member since Dec 2011
6886 posts
Posted on 4/20/20 at 3:25 pm to
MGM
PENN
Posted by cmlsu
Baton Rouge, LA
Member since Aug 2011
666 posts
Posted on 5/3/20 at 9:04 pm to
Any updates OP? I’m thinking of putting $10k in the market but not quite sure.
Posted by stewie
Member since Jan 2006
4024 posts
Posted on 5/3/20 at 9:50 pm to
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 by Bard
Definitely NOT an admin
Member since Oct 2008
57892 posts
Posted on 5/3/20 at 10:02 pm to
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.
This post was edited on 5/3/20 at 10:08 pm
Posted by AUCE05
Member since Dec 2009
44903 posts
Posted on 5/3/20 at 10:13 pm to
BTC, ETH or NEO
Posted by GeauxTigers777
Member since Oct 2007
1591 posts
Posted on 5/4/20 at 9:27 am to
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 by cmlsu
Baton Rouge, LA
Member since Aug 2011
666 posts
Posted on 5/4/20 at 12:44 pm to
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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