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Investment Help plz

Posted on 1/8/23 at 11:03 am
Posted by Silverback911
Member since Jan 2022
798 posts
Posted on 1/8/23 at 11:03 am
My wife and I make 250K before taxes annually. What are some solid ways we can invest?

We own stock in: Apple, Amazon, Disney, Crwd, JPM, Visa, RTX, CZR, Google, Coinbase, Uber, PayPal, Lyft, Drafkings, Bank of America, and SOFI. Investments have taken a big hit since Biden took office.

What should we be doing with our money?

Most of my friends own rental property but I’ve always been scared to dive into that.
This post was edited on 1/8/23 at 11:05 am
Posted by SpeedyNacho
Member since May 2014
2418 posts
Posted on 1/8/23 at 11:06 am to
Hold the stocks, save and average down during the next 18 months.


Housing market crash would be the most opportune time to buy some rental property.
Posted by UltimaParadox
Huntsville
Member since Nov 2008
40825 posts
Posted on 1/8/23 at 11:07 am to
Without knowing percentages it is hard to say and based on your post sounds like you are not actively involved. Your current holdings are pretty tech heavy, but once again hard to know what % weight is on each.

The most prudent way is to diversify into low-cost broad index funds.

Bogleheads 3 fund portfolio
Posted by pioneerbasketball
Team Bunchie
Member since Oct 2005
132184 posts
Posted on 1/8/23 at 11:56 am to
vtsax
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
72421 posts
Posted on 1/8/23 at 12:39 pm to
quote:

Most of my friends own rental property but I’ve always been scared to dive into that.


that is what i have. but you can have RE, stocks, bonds, do lending, trading, etc. you do not have to do one thing. do you want cash flow or just growth? both? money you can touch now or only once you are 59.5?

here read this. problem right now is high prices and lower RTV. was great from 2013 to 2017. then started changing as prices exploded.

LINK
This post was edited on 1/8/23 at 1:21 pm
Posted by HarveyBanger
Member since Mar 2018
1100 posts
Posted on 1/8/23 at 12:58 pm to
Index funds
Posted by GEAUXT
Member since Nov 2007
29205 posts
Posted on 1/8/23 at 2:23 pm to
Invest 20% of your gross income in a total market index fund and enjoy your retirement
Posted by lynxcat
Member since Jan 2008
24120 posts
Posted on 1/8/23 at 2:25 pm to
Stop buying individual stocks and buy total market funds as others have recommended.
Posted by Silverback911
Member since Jan 2022
798 posts
Posted on 1/8/23 at 3:48 pm to
Any funds you recommend?
Posted by Hopeful Doc
Member since Sep 2010
14938 posts
Posted on 1/8/23 at 4:06 pm to
Posted by TigerToGeaux
TX
Member since Nov 2022
43 posts
Posted on 1/8/23 at 7:07 pm to
quote:

Without knowing percentages it is hard to say and based on your post sounds like you are not actively involved. Your current holdings are pretty tech heavy, but once again hard to know what % weight is on each. The most prudent way is to diversify into low-cost broad index funds. Bogleheads 3 fund portfolio


Please take this advice. Single stocks are high risk and high reward. You will sleep better at night if you understood why a balanced, low cost, appropriately allocated, index based portfolio is the most efficient, highest probability chance at capturing good to very good returns over a long-term.

I would advocate reading up on John “Jack” Bogles books and “Bogleheads Guide to Investing”.
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30540 posts
Posted on 1/8/23 at 7:49 pm to
quote:

My wife and I make 250K before taxes annually.

Not so subtle brag thread
quote:

What are some solid ways we can invest? What should we be doing with our money?

Oh wait it’s retarded
Posted by jamiegla1
Member since Aug 2016
6950 posts
Posted on 1/8/23 at 8:42 pm to
MTBCP (Carecloud) pays ~10% dividend and hasn't missed in years. Price rarely ever changes
Posted by Silverback911
Member since Jan 2022
798 posts
Posted on 1/8/23 at 9:38 pm to
Got it thanks. Going to put 14k in VTSAX in February.
Posted by Silverback911
Member since Jan 2022
798 posts
Posted on 1/8/23 at 9:43 pm to
Jealous? Should have gone to college bitch.

My wife is also a slender fake titty DDD brunette.
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
26957 posts
Posted on 1/8/23 at 9:44 pm to
quote:

Hopeful Doc


I need that shirt
Posted by Hopeful Doc
Member since Sep 2010
14938 posts
Posted on 1/8/23 at 9:59 pm to
quote:

I need that shirt



Not that you couldn’t reverse engineer the URL, but WCI store link to the men’s version of that shirt.
Posted by Turf Taint
New Orleans
Member since Jun 2021
6010 posts
Posted on 1/8/23 at 10:22 pm to
quote:

The most prudent way is to diversify into low-cost broad index funds. Bogleheads 3 fund portfolio


This!
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30540 posts
Posted on 1/9/23 at 5:53 am to
quote:

Jealous? Should have gone to college bitch.

You’re right, I wouldn’t be posting from a cardboard box right now if I went to college
Posted by GeneralLee
Member since Aug 2004
13103 posts
Posted on 1/9/23 at 7:17 am to
It sounds like you don't actively track your stocks as most of these have taken a big hit for a long time now and were easy targets given the interest rate hikes. If you aren't going to actively track your investments (with things like stop losses if appropriate), then long term the odds are much higher that you'll be better off having these $ invested in index funds instead and just "set it and forget it".
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