Would like advice on how to best invest $150,000 given my situation

Getbread wrote: ↑ Good Afternoon,

I have $150,000 I would like to invest. I know that most people would recommend that I invest it in real estate, however, I do not even know which province/state (Or country for that matter that I will be living in for the next two years) .

I am not sure how realistic it would be to rent it out, while I am 1000km away.

Therefore I am considering other investment options.

I would like to keep $50,000 in a fairly liquid investment (in case I see a good deal on a house), and the remaining $100,000 I would like to earn as much interest as possible whilst still remaining relatively safe.

I am thinking of this “portfolio”:

1) Property Development Startups: Invest $ 80,000 in some sort of property development project, hope to earn at least 30% ( Just an idea a colleague suggested), I havent done much research into it yet)

2) $20,000 in Lending Loop (relatively safe investments – aiming at 8% return)

3) The remaining $50,000 I will put in a high interest Savings Account, earning 3% interest, but it will be on ‘standby’ in case I see a good deal on a property.


So dear reader, What do you think of my idea? And most importantly; what would you do in this situation?

Serious replies only please.

Thank You.

Getbread wrote: ↑ 1) Property Development Startups: Invest $ 80,000 in some sort of property development project, hope to earn at least 30% ( Just an idea a colleague suggested), I havent done much research into it yet)

2) $20,000 in Lending Loop (relatively safe investments – aiming at 8% return)

3) The remaining $50,000 I will put in a high interest Savings Account, earning 3% interest, but it will be on ‘standby’ in case I see a good deal on a property.

willowmaze wrote: ↑ Btw, I apologize for the long post. It wasn't intended. I just happen to talk a lot in person and I also have a strong interest in financial independence.

Getbread wrote: ↑ Hi

Thanks for the information.

Regarding Lending Loop, the five borrowers who defaulted, did you ever get your money back?

Maybe I will just invest like $25k in the less safe investments.

Cheers

Getbread wrote: ↑
1) Property Development Startups: Invest $ 80,000 in some sort of property development project, hope to earn at least 30% ( Just an idea a colleague suggested), I havent done much research into it yet)

2) $20,000 in Lending Loop (relatively safe investments – aiming at 8% return)

3) The remaining $50,000 I will put in a high interest Savings Account, earning 3% interest, but it will be on ‘standby’ in case I see a good deal on a property.

teoconca wrote: ↑ LOL at 1 and 2. You want safe but still make money.

High risk - > 50% return
Medium risk - 25%-49% return
Low risk - 10%-24% return
Conservative - 5% return
Safe - 2% return

All depends on age. Can you take the stress?

My 2 cents.

Getbread wrote: ↑ Good Afternoon,

I have $150,000 I would like to invest. I know that most people would recommend that I invest it in real estate, however, I do not even know which province/state (Or country for that matter that I will be living in for the next two years) .

I am not sure how realistic it would be to rent it out, while I am 1000km away.

Therefore I am considering other investment options.

I would like to keep $50,000 in a fairly liquid investment (in case I see a good deal on a house), and the remaining $100,000 I would like to earn as much interest as possible whilst still remaining relatively safe.

I am thinking of this “portfolio”:

1) Property Development Startups: Invest $ 80,000 in some sort of property development project, hope to earn at least 30% ( Just an idea a colleague suggested), I havent done much research into it yet)

2) $20,000 in Lending Loop (relatively safe investments – aiming at 8% return)

3) The remaining $50,000 I will put in a high interest Savings Account, earning 3% interest, but it will be on ‘standby’ in case I see a good deal on a property.


So dear reader, What do you think of my idea? And most importantly; what would you do in this situation?

Serious replies only please.

Thank You.

m5love wrote: ↑ TFSA > stonks = profit