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

teoconca wrote: ↑ If you can buy a house where you are, it will be good. Prices on real-estate go up so much, it’s better than stocks. Return on investment is very good for me in GTA. However, you will need good income and commitment in GTA.

cloak wrote: ↑ If you ignore all the taxes, holding costs, transaction costs, opportunity costs, etc... and market downturns.