What to do with 50-75k?
How would you invest it, say as a 3-5 year plan?
I’m wondering what people do with money.
I’m wondering what people do with money.
Last edited by Gianni13 on Dec 8th, 2020 10:18 pm, edited 1 time in total.
Dec 8th, 2020 9:09 pm
Dec 8th, 2020 9:33 pm
Dec 8th, 2020 10:20 pm
Dec 8th, 2020 11:27 pm
- Invest it over a 3 month period
Dec 8th, 2020 11:38 pm
Tesla Callsjohnnyepy666 wrote: ↑ Tesla
Dec 8th, 2020 11:41 pm
With a 3-5 year time horizon: as in, you need that $75k back in total in 3-5 years?
Dec 9th, 2020 12:54 am
But you could easily double your money in tech/growth stocks and take only the profits out. Anyway a 10 year horizon is the normal requirement.cfpuser wrote: ↑ With a 3-5 year time horizon: as in, you need that $75k back in total in 3-5 years?
you really cant afford to buy individual stocks for such a short period. and likely investing in the market over-all is not a good idea.
Given the time horizon, no advisor would be putting you into a portfolio/selecting stocks. too much risk.
anyway suggesting individual stocks (seriously suggesting and not just being sarcastic) doesn't understand risk.
Dec 9th, 2020 1:06 am
Dec 9th, 2020 2:27 am
Dec 9th, 2020 4:13 am
Dec 9th, 2020 9:03 am
This, for the most part.cfpuser wrote: ↑ With a 3-5 year time horizon: as in, you need that $75k back in total in 3-5 years?
you really cant afford to buy individual stocks for such a short period. and likely investing in the market over-all is not a good idea.
Given the time horizon, no advisor would be putting you into a portfolio/selecting stocks. too much risk.
anyway suggesting individual stocks (seriously suggesting and not just being sarcastic) doesn't understand risk.
Dec 9th, 2020 4:11 pm
Or stonksmattdominic wrote: ↑ Buy stocks
Dec 10th, 2020 7:27 am
I have heard of QQQ but i do not understand how TQQQ works.porticoman2 wrote: ↑ consider or take a look at TQQQ as a park it & forget it for 5 years
https://www.splithistory.com/tqqq/
if you are smart enough you could also consider a 12 mth covered call option at the money on the shares
Dec 10th, 2020 1:39 pm
Dec 10th, 2020 3:07 pm
wow this post deserves an A+porticoman2 wrote: ↑ consider or take a look at TQQQ as a park it & forget it for 5 years
https://www.splithistory.com/tqqq/
if you are smart enough you could also consider a 12 mth covered call option at the money on the shares
Dec 10th, 2020 3:45 pm
Dec 10th, 2020 4:27 pm
Are you the original portico man or an imposter haha. Welcome back!porticoman2 wrote: ↑ its all relative ... whether it's 3x leveraged ETF, index funds, equities, penny stocks, (so called) blue chips, dividend growth stocks or YOLO options, crypto etc.
for the OP consider an HISA, GIC, Canadian Couch Potato or Robo investing.
OP (for the most part) investing in the stock market can be a crap shoot.
Dec 10th, 2020 5:52 pm
Why?porticoman2 wrote: ↑ be interesting to revisit this post on the TQQQ possibility 12 mths from now
Dec 10th, 2020 6:01 pm
it doesn't matter.porticoman2 wrote: ↑ OK, so lets go with 'buy & hold for 5 years' ride the wave, with a prossible 100% & out whenever that happens.
or maybe based on past performance including the splits.... what about doing 6 mth rolling covered calls out of the money to see if its possible to get 50% in 6mths with some added downside protection.
or simply buy the stock sell a 3-5 year long covered call option, take the option premium to buy more stock?