I have 150K in savings, how should I invest it?

thoughts on investing wrote:

I'm 29, married, and I have a kid on the way. What are my best options for my family's future?

Bitcoin.

The government should take it and give it to people who don't work so that they can feed their 5 kids.

Do you rent or own?

Wait for the next downturn. Way too late in the cycle. You're at the tail of the bull market. Just not sure what part of the tail but it has to be pretty close the end. Or look for a hedge fund that shorts the hell out of everything as soon as "the crack" starts to show. Or you can be a bit more conservative and short the QQQQ little by little. You will win in the end. It just takes time, patience and right level of leveraging which means all cash. Don't go into margins.

Hey, those 5 kids will have 5 kids each soon. They should take everything from his paychecks too.

Look up Peter Schiff.

SimilarSituation wrote:

Do you rent or own?

Own, 380K left on mortgage. No debt.

Moo Goo wrote:

Wait for the next downturn. Way too late in the cycle. You're at the tail of the bull market. Just not sure what part of the tail but it has to be pretty close the end. Or look for a hedge fund that shorts the hell out of everything as soon as "the crack" starts to show. Or you can be a bit more conservative and short the QQQQ little by little. You will win in the end. It just takes time, patience and right level of leveraging which means all cash. Don't go into margins.

Market timing doesn't work

thoughts on investing wrote:

I'm 29, married, and I have a kid on the way. What are my best options for my family's future?

Continue to save the majority of it. However, go buy 200,000 coins of a non-prime (alt) cryptocoin at

2 cents (0.02) a coin. That would come out to 4000.00. Wait for that coin to hit 2.00, which could

take up to 1 -3 years ( or could take only 5 months. It all depends on the growth of the coin).

That would be a 400,000.00 profit.

And you only invested 4000.00 of your 150,000. Hell, if the coin only grew to 0.25, that would

still be 50,000.

You could keep the rest of your money (146,000) in a basic savings account with a credit union, earning 1.23 percent interest, which would come out close to 2,000 a year. And if that Alt coin were to continue to grow and grow, you could just continue to pull money out, and put it in your credit union savings, while the money you leave in the coin would continue to grow.

You would basically earn money from 2 platforms at the same time, all while risking a micro amount of your money.

Moo Goo wrote:

Wait for the next downturn. Way too late in the cycle. You're at the tail of the bull market. Just not sure what part of the tail but it has to be pretty close the end. Or look for a hedge fund that shorts the hell out of everything as soon as "the crack" starts to show. Or you can be a bit more conservative and short the QQQQ little by little. You will win in the end. It just takes time, patience and right level of leveraging which means all cash. Don't go into margins.

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hold on wait a sec

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Bro if he followed your advice he'd have lost out on 20%+ gains in the S&P over this time.

Don't ever be this guy. You're not smart for saying "there'll be a recession any day now!" Dollar cost averaging.

Check out bogleheads.org , a much better site for financial advice. Specifically the three fund portfolio.

My advice: Open a 529 account now in your name, then transfer it to your baby when he/she is born. Drop all $150k into this account, textbooks will be expensive in the future, or so I've been told :)....

In all seriousness, work on maxxing out your 401k contributions ($19,000 x 2 in 2019), then Roth IRA ($5,000 x2), then a taxable brokerage account following the bogleheads three fund portfolio strategy.

Go to vegas. Place it all on Red.

Sal Capetillo spanking wrote:

Moo Goo wrote:

Wait for the next downturn. Way too late in the cycle. You're at the tail of the bull market. Just not sure what part of the tail but it has to be pretty close the end..

Market timing doesn't work

Generally timing in and out doesn’t work. Many people believe there is little upside remaining before a big market ‘correction’. How big? Tough to tell. I wouldn’t throw a big lump of cash in now. I have pulled back some money with that in mind though.

Do your homework now to get in with little wasted time and effort when a big downside event happens. It’s too late if you don’t have the accounts ready. The brokers will be busy placating their distraught clients in the midst of a market tumble to deal with a new client

Plan and be ready and commit

1970s condoms

They will be worth a fortune in a few years.