We're currently printing, and will be printing more money. This is not investing advice. I'd put it in crypto or gold, or foreign stocks which are not undermining their dollar.
Where are my down voters now?
Ask HN: I have $450K cash, what should I do to maximize my return?
501–509 of 509 posts
Re: Ask HN: I have $450K cash, what should I do to maximize my return?
#502Buy Bitcoin (BTC).
Re: Ask HN: I have $450K cash, what should I do to maximize my return?
#503The first rule of money is, "Don't lose it".
As to what to do with it? If interested in shares, a rule that I like is to invest in companies that make products that you like. Also, hopefully, you can make some assessment about the management of the company. If they are bringing a new product to the market, can you use your expertise to evaluate that product?
Michael Burry argues that Index Funds distort the market. Think lemmings. Better to use one's own judgement.
Is the sun always going to be shining? No, rainy days always come. In life, you will have both lucky and bad breaks. So make the most of your lucky ones.
And don't think you are a genius, when you make a lucky investment. Back to rule #1.
Re: Ask HN: I have $450K cash, what should I do to maximize my return?
#504Earlier quoted context omitted.
Get LEGAL Indian immigrants as tenants. Especially the ones with tech related jobs. We always pay our rent. We dont want bad credit. We keep things normal.
The rent's the easy part. It's what happens to the apartment, neighbor complains, etc that matters (and race doesn't really matter for this, everyone's capable to be assholes in their own way). Plus picking tenants based on race is quite illegal.
Agreed.
Apologies if offended.
Re: Ask HN: I have $450K cash, what should I do to maximize my return?
#505> I'm not comfortable investing the entirety into an index fund, given the current socio-political climate. Over the the long term there is not really anything better to do with it than equities: the Great Depression, World War 2, gold standard retirement, 1980s inflation, etc. Even if you only invested in the peaks, you'd still do quite well over the decades: * https://awealthofcommonsense.com/2014/02/worlds-worst-m…
Relevant: Remembering John Bogle, patron saint of the amateur investor - https://www.economist.com/finance-and-economics/2019/01/21/r...
Re: Ask HN: I have $450K cash, what should I do to maximize my return?
#506What’s your goal? That’s the first question that needs to be answered here before trying to identify an investment strategy.
Absolutely! Let me also put other things in perspective:
1. Any “investment” is basically putting your resources in the hands of others (planners, CEOs of other companies etc) in the hopes that they can manage the money better than you. This is a conclusion only if you don’t believe you can manage the resources. Are you sure of this?
2. Why not invest in yourself? Depending on your life situation- getting into a good school, a good network/club, a good society might actually be a better payoff!
3. Building a startup might give you a much better reward if you are so inclined. The opportunity cost is very real (again depends on your life situation)
4. If you know where you’ll live for a foreseeable future AND if you tend to be shaken by market events, buying a house might be better (people don’t generally sell off their house so they tend to let their investment compound inadvertently!).
5. Investing in new experiences like doing an internship (no regard for pay) in fields you are interested in might open up new avenues.
I firmly believe that only when you are clear on your goal and having invested in oneself and having thought of everything else should you get to the problem of whether a particular etf is better or whatever.
Re: Ask HN: I have $450K cash, what should I do to maximize my return?
#507Earlier quoted context omitted.
Not really, as far as four months ago, Bitcoin was at 8k per coin... today it's around 11k per coin, it's about 30ish percent profit. Edit: Unless you bought 11k+ and sold below that point, there's no chance you lost on Bitcoin.
Not really, you can double your money at the casino too, doesn’t mean it’s not gambling. It’s the risk and volatility that separate investment from gambling, not the return. Bitcoin is firmly in the latter territory.
Bitcoin is not a bad thing, but the hype associated with it is slowly fading away
Re: Ask HN: I have $450K cash, what should I do to maximize my return?
#508Earlier quoted context omitted.
Not really, as far as four months ago, Bitcoin was at 8k per coin... today it's around 11k per coin, it's about 30ish percent profit. Edit: Unless you bought 11k+ and sold below that point, there's no chance you lost on Bitcoin.
Not really, you can double your money at the casino too, doesn’t mean it’s not gambling. It’s the risk and volatility that separate investment from gambling, not the return. Bitcoin is firmly in the latter territory.
I played in an online casino, but there is never stability here, you either know how to play or study for a long time through your own mistakes
Re: Ask HN: I have $450K cash, what should I do to maximize my return?
#509Earlier quoted context omitted.
Not really, as far as four months ago, Bitcoin was at 8k per coin... today it's around 11k per coin, it's about 30ish percent profit. Edit: Unless you bought 11k+ and sold below that point, there's no chance you lost on Bitcoin.
Not really, you can double your money at the casino too, doesn’t mean it’s not gambling. It’s the risk and volatility that separate investment from gambling, not the return. Bitcoin is firmly in the latter territory.
Friend, I understand your problem. But the reason is simple online casinos have long become a priority over offline. I play on: https://elroyalecasino.com/online-craps-real-money online craps for real money. Safe and fair. Therefore, stories like yours are excluded