1. Read this: https://medium.com/@100trillionUSD/bitcoin-stock-to-flow-cro... 2. Buy and hold Bitcoin for a while. (longer is better).
Any mention of Bitcoin or cryptocurrency investing should be banned on HN.
Ask HN: I have $450K cash, what should I do to maximize my return?
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Re: Ask HN: I have $450K cash, what should I do to maximize my return?
#121. Read this: https://medium.com/@100trillionUSD/bitcoin-stock-to-flow-cro... 2. Buy and hold Bitcoin for a while. (longer is better).
Any mention of Bitcoin or cryptocurrency investing should be banned on HN.
Arguable, I'd put in a $10,000 into it if I had the cash to spare. It's made me decent money.
Re: Ask HN: I have $450K cash, what should I do to maximize my return?
#13What’s your goal? That’s the first question that needs to be answered here before trying to identify an investment strategy.
Re: Ask HN: I have $450K cash, what should I do to maximize my return?
#14This may be frowned upon but :
I am in a nearly identical situation, within a few percent of your dollar amount.
Ive been looking for a while for a partner for a lifestyle business, something along the lines of a maker space but open to a wide variety of ideas, most of them somehow variations on buying a large commercial space cash and using the free rent to build a business that creates community.
Me email is in my profile, feel free to get in touch, if you'd be interested in brainstorming.
Re: Ask HN: I have $450K cash, what should I do to maximize my return?
#15This may be an interesting starting point:
Re: Ask HN: I have $450K cash, what should I do to maximize my return?
#16Buy oceanfront real estate in Panama and rent it out.
Residency comes with this.
You may use both if things in USA gets from bad to worse - from political, economical, financial and social aspects.
Re: Ask HN: I have $450K cash, what should I do to maximize my return?
#17Earlier quoted context omitted.
Any mention of Bitcoin or cryptocurrency investing should be banned on HN.
Arguable, I'd put in a $10,000 into it if I had the cash to spare. It's made me decent money.
Yeh sure, made me lots years ago, also cost magnitudes more their life savings. It doesn't sound like OP is looking for gambling.
Re: Ask HN: I have $450K cash, what should I do to maximize my return?
#18Start putting $10k/year into Series I bonds as inflation protection.
Re: Ask HN: I have $450K cash, what should I do to maximize my return?
#19Personally I would put half in foreign stocks (like EFA etf) and half in gold. The dollar is dropping against foreign currencies and they are all dropping against gold. Every central bank is printing money like there is no tomorrow: with good reason we are in the midst of a deflationary shock.
But couple the money printing with record low interest rates (and negative interest rates), this creates a special situation where gold (and other hard currency like bitcoin) outperforms. With a negative real rate on bonds, you will lose inflation adjusted purchasing power in bonds even if you come out positive. There are not a lot of great options right now.
Re: Ask HN: I have $450K cash, what should I do to maximize my return?
#20Cash out refi everything you can. At 3%, 30 year fixed, with fed target inflation rates of 2-3%, you’ll need a If you can’t get that with passive investments over the next 30 years, the banks will have bigger problems than your loan. Despite your risk aversion, consider putting some in a robo advisor (mix of bonds, index, foreign index, etc), to hedge against a spike in inflation, or a crash of just the US economy. T…
I haven’t done a ton of research, but I know for certain that Ally Bank and Discover Bank offer better rates than 0.35% in their savings accounts.
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