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Message
Investment ideas
Posted on 3/25/20 at 12:02 pm
Posted on 3/25/20 at 12:02 pm
Stocks or bonds?
This post was edited on 3/25/21 at 11:19 am
5
Posted on 3/25/20 at 12:06 pm to UFownstSECsince1950
Hookers and blow.
Posted on 3/25/20 at 12:08 pm to DownSouthJukin
Jorts and Boone's Farm
Posted on 3/25/20 at 12:08 pm to DownSouthJukin
Oops, wrong board. Thought I posted this on the MT board, didn’t realize I clicked on the OT 
Posted on 3/25/20 at 12:12 pm to UFownstSECsince1950
I couldn’t help myself. I’d put $75,000 in the bank and then research and use the other $125,000 to prepare to buy the dips on some blue chip stocks or funds.
This post was edited on 3/25/20 at 12:15 pm
Posted on 3/25/20 at 12:15 pm to DownSouthJukin
yep
YAYO
HKRS
YAYO
HKRS
Posted on 3/25/20 at 12:18 pm to UFownstSECsince1950
quote:
Obviously you probably can’t simply deposit that much cash and simply invest it due to Uncle Sam and taxes, so hypothetically what should he do?
I am confused by the question.
Why can't he deposit or invest it?
Do you mean you?
Posted on 3/25/20 at 12:23 pm to UFownstSECsince1950
Is this investing for me or my grandfather? Because it makes a difference.
Posted on 3/25/20 at 12:28 pm to UFownstSECsince1950
With that much money, I’d get a professional to manage it if you’re not experienced with investments. They can allocate different amounts for different purposes.
Playing keep away from losses is the name of the game.
If you invested it yourself and lost 50 grand, what’s your plan to make it back? Risk more and lose more?
Playing keep away from losses is the name of the game.
If you invested it yourself and lost 50 grand, what’s your plan to make it back? Risk more and lose more?
Posted on 3/25/20 at 12:29 pm to UltimaParadox
Sounds like he's worried about depositing the 200k
Posted on 3/25/20 at 12:51 pm to castorinho
That's my take. Trying to figure out how to avoid taxes or raising suspicion.
Only options would be small random cash deposits (under $2.5k). And pay anything you can in cash (groceries, dining, home improvement jobs, contractors...)
Only options would be small random cash deposits (under $2.5k). And pay anything you can in cash (groceries, dining, home improvement jobs, contractors...)
Posted on 3/25/20 at 3:08 pm to Weekend Warrior79
quote:
That's my take. Trying to figure out how to avoid taxes or raising suspicion.
If he inherited it, there are no federal taxes.
Eta: assuming the estate was less than $11.4M
This post was edited on 3/25/20 at 3:09 pm
Posted on 3/25/20 at 9:29 pm to UFownstSECsince1950
I'm a good Guy. I would give it to you! NOT
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