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re: What to do with $250K

Posted on 9/25/18 at 4:08 pm to
Posted by AUCE05
Member since Dec 2009
42583 posts
Posted on 9/25/18 at 4:08 pm to
Put all of it in VTSMX. Have $1400 directed into a bank account every month. Set mortgage to auto deduct from that account. At the end of the loan, depending on the length, you will probably (worst case) still have 80% of your investment.
Posted by player711
Member since Jun 2006
285 posts
Posted on 9/25/18 at 6:53 pm to
No offense-I’ve been doing this for 10 years. It’s real deal.
If you’ve never heard of it-great, but don’t judge it into you are educated.
If not, all you can rely on is hear say, ignorance, and what you know/don’t know.???
Posted by player711
Member since Jun 2006
285 posts
Posted on 9/25/18 at 6:58 pm to
Wow- I get what you’re saying, but to base 1 Private companyand then compare it to the Stanford Group.....??.
Just stay where you are at man. Also, the other link on private investment fund is totally off.
I get what you’re saying to, but the article is very narrow and misses the boat on covering all private investments.
Good luck man- if you’re not open minded- just stay in ETFs/index funds, etc...

I hear what you are saying, but all of the Stanford Groups of the world give good private companies or the industry a black eye.
You never hear about(not as much) publicly traded companies in mutual funds, etc...
Real wealth is created through education, not ignorance.
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 9/25/18 at 7:27 pm to
Whatever you do, don’t give your money to this player711 guy. He’s been peddling this “investment” shite here for years. It’s noting but a bad insurance product. I’d stay away unless you like overpaying for a bad product.
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
73731 posts
Posted on 9/25/18 at 7:30 pm to
quote:

Whatever you do, don’t give your money to this player711 guy. He’s been peddling this “investment” shite here for years. It’s noting but a bad insurance product.


interesting
Posted by Ric Flair
Charlotte
Member since Oct 2005
13710 posts
Posted on 9/25/18 at 7:35 pm to
Is 100k/year guaranteed even after one of you passes away? 100k a year sounds like a lot now, but not so much 20 years from now.

Could you pick up a side job for a few years and still keep the full pension/benefits? I would be nervous to retire without a decent pile of cash, even with the guaranteed pension.
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 9/25/18 at 7:39 pm to
Don’t take my word for it. Read his post history. He’s been called out multiple times. Don’t understand why the admins even let him post.
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
73731 posts
Posted on 9/26/18 at 2:08 pm to


the fact that fund he speaks of invests PARTIALLY in RE and IS NOT secured is a no no for me. I just as soon stick with my own properties, REITS and other dividend ETFS and not have the hassle and worry. There are other people out there who will use you as a private lender with your funds SECURED.
This post was edited on 9/26/18 at 2:26 pm
Posted by player711
Member since Jun 2006
285 posts
Posted on 9/28/18 at 6:51 am to
your right man. I’m trying to sell him insurance...??
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