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10,000.00...where would you invest

Posted on 11/23/20 at 5:12 am
Posted by tigers1956
baton rouge
Member since Oct 2008
4794 posts
Posted on 11/23/20 at 5:12 am
I'm 30 years old and I inherited ten thousand dollars...where would you invest this money long term for the next 35 years...
Posted by dirtsandwich
AL
Member since May 2016
5205 posts
Posted on 11/23/20 at 5:50 am to
A low cost and/or no fee equity index funds is probably the right answer. Some would consider a target date fund that would rebalance over time. But you could get a lot riskier than that or a lot safer if you wanted.

The amount itself isn’t of much help without knowing what it means to you (once in a life time event, 10% of your annual income, your annual gambling budget, etc). You’d also want to consider the chance that you will need access to the money, your other investments including the investment themselves and what type account they’re in, and your risk tolerance/investment discipline. You will probably get some specific security recommendations here but they aren’t worth a lot without this info, at least in my opinion.
Posted by TheWiz
Third World, LA
Member since Aug 2007
11685 posts
Posted on 11/23/20 at 6:01 am to
VTSAX
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 11/23/20 at 7:28 am to
XRP and DOT
Posted by RedlandsTiger
Greenwell Springs, LA
Member since Jan 2008
2945 posts
Posted on 11/23/20 at 7:48 am to
iShares Russell Top 200 Growth ETF IWY
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
10431 posts
Posted on 11/23/20 at 7:54 am to
If you don't touch for years, a nice mutual fund. If you want to make some excellent money over the coming months, Chinese EV companies like NIO or XPEV.
Posted by CajunTiger92
Member since Dec 2007
2821 posts
Posted on 11/23/20 at 8:06 am to
quote:

VTSAX


This ^ or VTI if you prefer ETFs (as long as your broker allows automatic reinvested dividends).

quote:

iShares Russell Top 200 Growth ETF IWY


Regarding iShares, it is run by BlackRock and investors should know that BlackRock uses the power derived from investors in their funds to advocate for anti-2nd amendment policies.

CNBC

quote:

BlackRock says it’s time to take action on guns, may use voting power to influence




Posted by Spec1
Lost but making good time
Member since Jan 2015
1983 posts
Posted on 11/23/20 at 8:15 am to
NIO & PLTR

Your welcome
Posted by Auburn1968
NYC
Member since Mar 2019
19715 posts
Posted on 11/23/20 at 8:22 am to
Standard Lithium.
Posted by FMtTXtiger
Member since Oct 2018
3755 posts
Posted on 11/23/20 at 9:33 am to
Damn , you that high on standard L?
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11195 posts
Posted on 11/23/20 at 9:35 am to
quote:

If you want to make some excellent money over the coming months, Chinese EV companies like NIO or XPEV.


You could also throw down on red at the Wynn
Posted by Nguyener
Kame House
Member since Mar 2013
20603 posts
Posted on 11/23/20 at 9:36 am to
VTSAX
Posted by Auburn1968
NYC
Member since Mar 2019
19715 posts
Posted on 11/23/20 at 9:58 am to
quote:

Damn , you that high on standard L?


Higher actually.

Lots of good information in the last couple of weeks in the Standard Lithium thread.

Posted by SmackoverHawg
Member since Oct 2011
27381 posts
Posted on 11/23/20 at 11:31 am to
quote:

Standard Lithium.



Second this. Hell, it's just now priced around where it IPO's a few years back when it was just a concept.
Posted by 1234567k
Baton rouge
Member since Nov 2015
2067 posts
Posted on 11/23/20 at 2:26 pm to
quote:

it's just now priced around where it IPO's a few years back when it was just a concept.


Not quite accurate.
Schwa shows the IPO at 0.05 in 2016
But it ran up to $2.00 in Oct of 2017 and then collapsed.
To be fair a separate stock site shows the IPO at $2.00 in Oct of 2017 but i think schwab is more accurate.

Either way your point is valid. This stock is cheap right now
Posted by RedlandsTiger
Greenwell Springs, LA
Member since Jan 2008
2945 posts
Posted on 11/23/20 at 2:55 pm to
quote:

Regarding iShares, it is run by BlackRock and investors should know that BlackRock uses the power derived from investors in their funds to advocate for anti-2nd amendment policies.


I didn't know that, thanks.
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
71405 posts
Posted on 11/23/20 at 7:14 pm to
Might want to grab stocks that were beat up by the pandemic. Oil, airlines, hotels, cruises, luxury makeup brands.

Rather than list specific stocks, I'll give you guidelines. Look for stocks in those categories that meet the following conditions:

- Closer to the 52 week low than the 52 week high. They still have room to bounce back.

- Dividend stocks. You might have to look up the dividend history because in some cases the earnings, and dividends, from recent quarters might be artificially low. (Even better if the normal dividends are still being paid.) You're going for a high yield here. If you can find a stock that pays $1 a quarter and is artifically cheap ($40 a share), you're getting a 10% yield as long as you hold it in addition to the gains from selling later at a higher price.

- Relatively low debt load. If a company has a liability to asset ratio of 95% it might not be able to hold on for another six months. 60%, it should be able to borrow money at a reasonable rate if needed.

I'm currently up 58% for the year in unrealized gainz. I opened my account when the market tanked.
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
71405 posts
Posted on 11/23/20 at 7:50 pm to
Other thing you might want to do is identify cyclical stocks, and buy at the bottom and sell at the top. I'm not personally a fan of trying to time the market but some people like swing trading.

Posted by ProbyOne
Louisiana
Member since Dec 2004
1915 posts
Posted on 11/23/20 at 8:02 pm to
75% nasdaq & s&p
25% bitcoin & ethereum

Ymmv
Posted by montana
Bozeman, MT
Member since Dec 2008
1411 posts
Posted on 11/23/20 at 10:54 pm to
Travel stocks will give you the biggest bang in an oversold market, at the moment.
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