Live data from Hacker News

How would you invest $100K USD aggressively?

news.ycombinator.com

31–40 of 75 posts

Re: How would you invest $100K USD aggressively?

#31
post #24

Real estate. Buy a cheap house with leverage, fix it and either rent it out, or sell it. If you rent, cash out refi, rinse and repeat. Many fortunes built this way. High use of leverage means many shirts lost as well, however many of our laws (assuming US) are skewed to benefit real estate investment and speculation... with the current admin, I don't see that changing anytime soon. I don't think you can find better o…

>If you rent, cash out refi, rinse and repeat.

Can you expand on that point?

If they rent it shouldnt they just sit around and collect payments?

Also, isn't this all highly reliant on location?

Re: How would you invest $100K USD aggressively?

#32
post #5

Earlier quoted context omitted.

I did this, sadly only a few hundred. Invested ~six months ago, and now it is worth double.

Are you talking paper gains or actual cashed out real money gains? Bitcoin is virtual currency based on massive electricity consumption. Due to the ever increasing difficulty of mining, it is effectively a Ponzi Scheme.

Difficulty is not in any way ever increasing. Difficulty is set based upon the overall hashing power of the network. If it becomes more expensive to mine, miners drop out and difficulty decreases.

Re: How would you invest $100K USD aggressively?

#35

If you had all the time in the world, I'd watch the VIX. When it spikes, buy the XIV (inverse). It's practically guaranteed to increase in value throughout the day, volatility can't stay in a spiked state.

This is not good advice. You can’t predict how much we will drop next time on stocks and how the VIX may be affected.

We are in a long term contracted state of volatility. Professionals who understand how to manage risk may make the trade(s) that you’re suggesting.

Re: How would you invest $100K USD aggressively?

#37

Well, you can trade forex at up to 50x leverage, so you could definitely lose half your money in 3-6 months. But maybe double it.

Dumb question: since leverage allows you to lose more than you have, what are the repayment terms like when you get yourself into debt? Are the interest rates, repayment term, monthly payments, etc. clearly disclosed like they are for a mortgage or car? How many amateur forex traders had it end in wage garnishment?

Re: How would you invest $100K USD aggressively?

#39

Well, you can trade forex at up to 50x leverage, so you could definitely lose half your money in 3-6 months. But maybe double it.

Dumb question: since leverage allows you to lose more than you have, what are the repayment terms like when you get yourself into debt? Are the interest rates, repayment term, monthly payments, etc. clearly disclosed like they are for a mortgage or car? How many amateur forex traders had it end in wage garnishment?

That's not quite how it works (at least, with most of the online forex trading houses like FXCM). At any given time, they know exactly how much you are up or down in total (ie, including your leverage). If you hit the point where you're going to lose more than what you have in your account, they will perform a margin call and close out all your positions.

The really sucky bit here is (I've had that happen) when the market then immediately turns - you simply couldn't buffer the immediate losses ;-)

Re: How would you invest $100K USD aggressively?

#40
post #24

Real estate. Buy a cheap house with leverage, fix it and either rent it out, or sell it. If you rent, cash out refi, rinse and repeat. Many fortunes built this way. High use of leverage means many shirts lost as well, however many of our laws (assuming US) are skewed to benefit real estate investment and speculation... with the current admin, I don't see that changing anytime soon. I don't think you can find better o…

good advice. dont forget to start your own home renovation reality show. there seems to be an infinite demand for them.
Post reply on HN