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http://www.dogsoftheseason.com/ Is this true? If not, please explain why not?
He doesn't say how to choose the right stocks. And I assume he's choosing them after the fact for his graph. I'd be curious to see a random sampling of S&P 500 in autumn vs. spring. That would give a better idea of if it works.
I'd buy a small newer (post 1979 construction so no rent control) rental property in San Francisco. With that much down you should be able to get it cash flow positive plus increase your equity at the same time if you needed to liquidate.
Disclaimer: I'm not a financial advisor, I don't play one on TV, and I don't have a million dollars or equivalent. Take $10,000 (1%), and accept it as money worth spending. Network well, contact friends, family and ideally successful professionals and discover a financial advisor you can trust. Get empirical proof of this, as many may just be out to fleece clients - and worse, think they're actually doing a good job.…
My personal investment in this profile is about 10k per position [equity] and up to 15k per position [option risk] - where a position is defined by the total risk as affected by the underlying stock - you still could end up with 100 positions with a 1mm portfolio, but usually by 20-30, you find ones that you understand well and have reason to believe are undervalued -- those are when you break the 1% rule, and you do it a couple of times. Some will become worth less than 1%, some more than 10%. Re-balance judiciously, hold if it produces income greater than its risk, and sell anything not nailed down when someone offers you a gold-laying goose for it -- you can always by short-term risk with options if you're that confident, and cash is infinantly more exchangeable to immediate needs than paper stocks held at the DTC are to your grocer.
Depending on your age, if you have little to no investment experience, i'd check out the professional lists at fool.com (rule your retirement, etc) - those are the profiles I put my family in. If you're bored and looking to day-trade, there are similar lists for options, but those are for play money or experienced readers, not retirement money.
LendingClub can yield 10%+. You have to be pretty engaged, since you'll need to loan a small amount to a lot of people. At $1M, probably $2,500 to each of 400 people so the risk of default (there will be defaults) is diversified. You'll have to actively re-invest the principle/interest. But it pays back monthly and is kind of like paying yourself a salary in some respects.
and it returned a 5% p.a. term deposit with RaboDirect for a 5 year term on amounts from $1000 to $2,000,000.
http://www.infochoice.com.au/banking/term-deposits/rabodirec...
http://www.dogsoftheseason.com/ Is this true? If not, please explain why not?
He doesn't say how to choose the right stocks. And I assume he's choosing them after the fact for his graph. I'd be curious to see a random sampling of S&P 500 in autumn vs. spring. That would give a better idea of if it works.
So it's possible to edit tweets or change their timestamps?
edit: it has now. I rest my case.
The best and only way is to educate yourself, so that you won't be at the mercy of financial advisors (who are just salesmen) or flawed financial products.
Now we just hired our second coach, and will be learning paper asset strategies for cash flow and for capital generation to continue purchasing real estate.
FWIW: I think that we are successful so far because we believe in ourselves and put in the hours and sweat.