$50K where to invest?

Good Point Man wrote:

Gabelli wrote:

I put some money in Gabelli ($GABEX) a few years go and have made great returns. Mutual funds are definitely the way to go.

BUT

I'd wait for the dip in the market that will likely be a result of Russian/UK/Mideast relations

Best of luck

Good point. Timing the market is ALWAYS a most excellent idea!

"Don't gamble; take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don't go up, don't buy it." - Will Rogers

Stupid. You're basing the "don't time the market" on two things. One, you think that everyone's time horizon for their invest is like 30 years. If my time horizon to pull out cash is 5 years, and the market dips hard over the next 5 years... what's the point? Two, you think that the world will have unlimited growth. Do you think that things can continue to grow forever on a planet with finite space and resources?

I have some loans you could pay off. I might pay you back. Or, your story could inspire someone (me) to start you a GoFundMe and people will reward you for your act of kindness. It's foolproof.

ifoundtheholygrail wrote:

Ebenezer wrote:

Bitcoin, son!

Get jiggy wit' it!

digital currency is interesting but bitcoin is complete crap...transactiontimes are slow etc. it's like first of the species but completely primitive

Wonder how this turned out

Curioso wrote:

ifoundtheholygrail wrote:

digital currency is interesting but bitcoin is complete crap...transactiontimes are slow etc. it's like first of the species but completely primitive

Wonder how this turned out

Nice. I was thinking the same when I realized this thread is dated back a few years...how is your reward..;)

I just wish I was a “Bit Wiser”....back then?

I’m a Bit Believer wrote:

Curioso wrote:

Wonder how this turned out

Nice. I was thinking the same when I realized this thread is dated back a few years...how is your reward..;)

I just wish I was a “Bit Wiser”....back then?

He's not exactly wrong. Bitcoin has had a lot of success but it will falter in the near future. The rate of increase we've seen recently is not sustainable, and new techonolgies will soon overtake due to their faster exchange rates, etc.

DPZ is hot

No House For Me wrote:

I had saved up $50K in last two years to buy a new home, but I realized that I am fine in my current home.

Any suggestions on where you invest it?

Hi there!

I'm curious what did you finally do with your $50K? I'm wondering because I currently live in an apartment which becomes small for my family and I'm thinking of investment. I consider real estate, specifically

, as an opportunity for investment. But I'm also thinking if there is a better variant for 2-3 years. I don't want to invest in Bitcoin. Maybe someone has other new good ideas?

If you want the next Amazon, buy shares of Shopify (SHOP). They cater to small businesses, build websites, payment transaction systems, and charge like $30+ a month to the small business owners and it has taken off!!

Has gone from 11 to $400 the past few years and as I mentioned in other threads that I was able to buy a lake front summer home due to 3 stocks. Dell, Apple, and NFLX.

Put a large portion of your portfolio in SHOP, the rest in money market and you will thank me in the future....

Popeye chicken sandwiches. The are in high demand.