Figure out the four most prolific financial minds on letsrun.com (flagpole, etc.) and give each of them $100K to manage. Let them keep 10% of net profits.
Figure out the four most prolific financial minds on letsrun.com (flagpole, etc.) and give each of them $100K to manage. Let them keep 10% of net profits.
Future Wolf wrote:
How plausible is long term reliable growth of these percentages?
The S&P 500 has averaged 11.69% since 1926. I have growth stock mutual funds that have done even better. So, how plausible are the 6-9% Flagpole stated? Start yesterday, brother!
Dave Ramsey wrote:
Future Wolf wrote:How plausible is long term reliable growth of these percentages?
The S&P 500 has averaged 11.69% since 1926. I have growth stock mutual funds that have done even better. So, how plausible are the 6-9% Flagpole stated? Start yesterday, brother!
You've had money in some mutual funds since 1926?!? How (the F) old (the F) are you?
Short: vxx, gld
Long: bx, kkr
Sell s&p 500 call options 5% higher than current level expiring 1 to 2 months from now
Invest $50 k in BAC .05 dividend/quarter
$50K IN PGP .183 dividend/month
$100k in BP .60/quarter
$50k in ATT .45/quarter
$100 in FACEBOOK
$50 in Coka Cola
Two shares of Berkshire Hathaway A and forget your password for twenty or thirty years.
Once the kids are off at school, quietly withdraw the money, secret lake house, freaky-deaky old dude sex parties.
With 400K you would get some mope private advisor who would definitely churn your account and feed you some stories. Go with a Dogs of the Dow strategy and buy 3 or 4 of the highest yielding DJIA stocks. That's it.
Invest in Endure Strong and help it really take off!
Send it to me! I will take care of it.
Buy a house. And I don't mean use this as a 20% down payment on a $2M house. Just buy a reasonable house to live in. Depending on where you live, this should cover at least half of it, possibly all of it. Best case scenario - it appreciates a lot and you make a sh!t ton of money. Worst case scenario - it doesn't, and you're 24 and you own your own home that is either mostly paid off or completely paid off.
I should also add that you enjoy traveling a lot and cannot imagine settling anywhere.
4 thousand pairs of adizero adios boost. I know they cost more than a hundred bucks per, but you can probably get a volume discount
Donate it all to Planned Parenthhood, enjoy a lifetime of warm fuzzies for making the world a better place.
40% on women
40% on booze
and blow the rest
Future Wolf wrote:
Image if you'd just graduated college, you now have a BS in some engineering field and a MS in either engineering or computer science, both from reputable schools; and/or possibly a Ph.D in a similar field. You've already established yourself in a few reputable engineering organizations via internships during undergrad. You accepted a job with an engineering company at age 23 with a starting salary of $80k-90k. You've produced multiple independent projects in the past showcasing your aptitude for engineering and programming to develop your portfolio, and you plan to pursue similar projects or freelancing in free time for profit (apps, websites, etc.) Now you've just acquired a lump sum of $400k.
What do you do? What options do you have? What are the technical implications?
1) Ibiza, Croatia, Copenhagen. Wherever, just travel. You can't save time, do it when you're young and single. Also recommend travel alone and don't go to youth hostels.
2) Buy an M3 or M4.
3) Buy a place to live with 20% down.
4) Any money leftover just keep in an emergency fund.
Do a search on "Investing sudden Weatlh" and you'll get a ton of hits.
Depending on your internet search provider, the top answer may or may not be hookers and booze.
I'm surprised at all the hedge fund hate. I suppose that's why they are so good. Most of the general public is led to believe they perform no better than mutual funds by only being shown information regarding performance of long only equity funds (one of the worse performers). If you guys saw the things I saw....
Jack jj wrote:
I'm surprised at all the hedge fund hate. I suppose that's why they are so good. Most of the general public is led to believe they perform no better than mutual funds by only being shown information regarding performance of long only equity funds (one of the worse performers). If you guys saw the things I saw....
Elaborate?
With a lump sum at age 24, investing it all in mutual funds in one fell swoop or putting it in over 2-3 years really isn't much of a difference. When you DO put it all in though, that just means that you don't have to invest your income at all for retirement, so 15% of your income that would have been earmarked for that is now just money you can spend or save for a house or whatever. If either of my kids were in that situation, I would advise them to invest just about all of it for retirement. Even little debt can easily be taken care of with income if you don't have to put money away for retirement.
Can you comment methods of achieve a higher average annual return (>9%) and the risks involved?
I’m a D2 female runner. Our coach explicitly told us not to visit LetsRun forums.
Great interview with Steve Cram - says Jakob has no chance of WRs this year
2024 College Track & Field Open Coaching Positions Discussion
RENATO can you talk about the preparation of Emile Cairess 2:06
adizero Road to Records with Yomif Kejelcha, Agnes Ngetich, Hobbs Kessler & many more is Saturday