What would you invest in with 100K? SERIOUS answers only

[Sweet Pea 50]

property.

buy a foreclosed or cheap home and flip it.

Wish I wasn't so dumb with my money when I was younger.

Have a family friend that has been buying kinda rundown pre-WW1/WW2 homes out in Midtown and East Sac, throwing all types of modern high end shit in them, and making a killing flipping.

[BrotherDudeJack]

Boats and hoes, bruh..

[.!WAR MIKEY!.]

Wish I wasn't so dumb with my money when I was younger.

Have a family friend that has been buying kinda rundown pre-WW1/WW2 homes out in Midtown and East Sac, throwing all types of modern high end shit in them, and making a killing flipping.

yup thats what me an my bro do and easy money, so many damn places aint even really no competition when I got into I thought damn its gonna be like freaking storage wars lmfao and only a few houses we wanted that we didnt get. I started with flipping cars thats a easy hustle too if you low on cash but want to start flipping, I bought a crashed 2014 avenger for 2800 at auction fixed it up for about 2grand and sold it for 9grand only 11K miles on it freaking brand new except for the whole salvage part lol but some people dont care, but if you do get into selling cars and you dont want to be sitting on a car for awhile dont get cars that are gonna be too much work cause cars in the 4-5K range sale nice 6+ takes awhile. Also dont put the car under your name just keep it free that way when you sale it, it looks like its from the auction place straight to the person you sold it too cause the dmv limits how many cars you can sale a year etc etc since its technically illegal for felons to flip cars without a license but fuck em! They should know by now we dont follow no fucking laws we dont want to!!!!!!!!!!!!!!!!!!!

[TOBYLEE1]

If you are not handy with house repairs do not fall into the fantasy of rental property.

Do a lot of research before you buy real estate. You just don't rent and collect a check with no major problems.

[REMOVE SHARK 55]

100000 on Floyd returns 16,666.67 profit.

[Sweet Pea 50]

If you are not handy with house repairs do not fall into the fantasy of rental property.

Do a lot of research before you buy real estate. You just don't rent and collect a check with no major problems.

No doubt, bro.

I'm a 'reasonably" handy person and never been afraid of hard work, but I'm under no illusion I could do all the work with me and a couple of buddies and a couple cases of brew, as far as pulling off a mid-high level flip.

Just something I've mulled over when I feel like smashing a co-worker in the head with a chair.

[TBear]

Normally I would say real estate/property, but right now it is a sellers market in most areas. Cost is high and it might go down. It would be like buying stock when it is high and selling low later. For now I would split the 100 grand and not put all my eggs in one basket. Divide it between high risk and low risk stocks or bonds or a smaller real estate investment.

[Furn]

Buy shares in big pharma

[Sugar Adam Ali]

You must spread some Reputation around before giving it to Sugar Adam Ali again.

School me in on this bro. I was about to go with Ameritrade or Etrade but I heard Charles Schwab was also one of the best ones for beginners. I just want to buy stocks in start ups I believe in and not get raped. What you think?

I have used schwab for years and have no complaints.. website and customer service are top notch.. they cater more to the average joe than elite wealthy 1%ers

Commission is cheap at 8.95 a trade, and fee is waived if you invest into one of their funds..

I invest in their s&p index SWPPX

If you have 100k to invest, I would start a schwab Roth IRA, and a normal schwab brokerage account ( Roth IRA is capped yearly so you can only put in a few thousand each year)

Cap out this year 2017, and next year 2018 and throw it all into 1 or 2 index funds, preferably ran by schwab

The rest of the money put into the brokerage account, and put 50% into an index fund, and then like 10% into blue chips like PG, Jpm, Amazon, Microsoft,

Be sure to reinvest dividends


Then just let it sit, maybe shifting money from brokerage to IRA every year, to cap out the IRA


Don't go after startups,,,, the bust ratio is high, and they don't pay dividends.. unless you are a specialist in investing, stay away from startups..

[TOBYLEE1]

No doubt, bro.

I'm a 'reasonably" handy person and never been afraid of hard work, but I'm under no illusion I could do all the work with me and a couple of buddies and a couple cases of brew, as far as pulling off a mid-high level flip.

Just something I've mulled over when I feel like smashing a co-worker in the head with a chair.

Been in real estate for a long time. The weekly garbage removal, if you live in the north the snow removal, tenants not paying their rent, evictions, and the normal maintenance of a property with a lot of unseen repairs. On the flip side if things go 80% right and you can keep on top of it real estate is always a good long term investment.