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  Independent Cuss
Posts: 3977
    
Location: Dearing, GA | In today's economy, if you were interested in investing some money in stock, where would you put it? Wal-Mart? A bank? Medical field?
Just curious. |
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Location: Philly | Depends on what your investment goals are. Are you only wanting dividends or wanting to invest for stock appreciation or both. Depending on how much you have to invest, a specialty mutual fund may be a good idea and during economic downturns the vice industries usually do good (casinos, alcohol, and so on) along with companies specializing in "customer diyer repair" (auto parts stores). Then again, only take any investment advice off BHW for what it cost you. A talk with a finanacial advisor is always a good experience, whether you use them or not. |
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 "Hottie"
Posts: 1373
Location: Okemah,OK | Like the previous poster said, take it for what it's worth but I would advise starting with a Roth ira. I go thru vanguard (VERY low fees) & I like the target retirement funds. Roth has tremendous tax savings, I think the limit is $5500 now and the target retirement adjusts itself as you age. Going more bonds (safer but less money to be made than stocks) as you get closer to the retirement year you've chosen. Now we had some above and beyond the Roth funds and I put it in American funds thru Woodmen of the World. We have to pay a little dividend tax every year but so far, it's doing really well. |
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The Resident Destroyer of Liberal Logic
Location: PNW | I would put it in precious metals. Gold and silver. |
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 Expert
Posts: 2097
Location: Deep South | Unless you have a significant amount to invest and the time to analyze your stocks and the market everyday, I would not recommend investing in stocks directly. Like others have mentioned, a mutual fund is a great option for someone wanting to get started in investing. You can choose mutual funds based on all kinds of criteria, such as following a particular index or industry. |
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Industrial Srength Barrel Racer
Posts: 7264
| I pay my investor to do this for me - they are the experts and they WANT my money to make money - they get a percentage. |
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Sock Snob
Posts: 3021
| There are a lot of things that are good to invest and some times of themyear are better i usually beat the market. There are some fund that deal,with just dividend stock where you get the dividend plus what ever the stock appreciates. |
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 The Vaccinator
Posts: 3810
Location: Slipping down the slope of old age. Boo hoo. | whiplashranch - 2014-01-27 8:35 PM
Like the previous poster said, take it for what it's worth but I would advise starting with a Roth ira. I go thru vanguard (VERY low fees) & I like the target retirement funds. Roth has tremendous tax savings, I think the limit is $5500 now and the target retirement adjusts itself as you age. Going more bonds (safer but less money to be made than stocks) as you get closer to the retirement year you've chosen. Now we had some above and beyond the Roth funds and I put it in American funds thru Woodmen of the World. We have to pay a little dividend tax every year but so far, it's doing really well.
THIS!! |
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The Vaccinator
Posts: 3810
Location: Slipping down the slope of old age. Boo hoo. | Griz - 2014-01-28 5:30 AM
I pay my investor to do this for me - they are the experts and they WANT my money to make money - they get a percentage.
and THIS......
We use Raymond James investor services. Very pleased. |
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 Shelter Dog Lover
Posts: 10277
| We pay an investor too. We used to contribute a substantial amount monthly but when the economy tanked we cut back. Due to Obamacare, there are going to be new taxes on capital gains. If the risk/reward ratio gets too narrow for our comfort level, we are considering buying land for long term investment. We are secure enough that we don't have to have access to that $$. We just sold our house on 10 acres and trippled what we paid for the land and bought our current place for 30% under market value (the stars lined up right for us how it all came together). Money is cheap now. |
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 Too Many Irons in the Fire
Posts: 1724
Location: Augusta, KS | My goal is to invest in real estate. |
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 Dog Resuce Agent
Posts: 3459
Location: southeast Texas | What ever you choose, do your homework ! |
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 I'm doing it!!
Posts: 2332
| Land
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Independent Cuss
Posts: 3977
Location: Dearing, GA | PerfectPattern - 2014-01-28 11:30 AM
Land
Really? Why? Land for commercial building? |
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Independent Cuss
Posts: 3977
Location: Dearing, GA | runningkc - 2014-01-28 6:56 AM
My goal is to invest in real estate.
I work in real estate. We manage hundreds of properties for investors all over the world. Be careful lol |
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Rad Dork
Posts: 5218
Location: Oklahoma | Just Let Me Run - 2014-01-28 12:23 PM PerfectPattern - 2014-01-28 11:30 AM
Land
Commercial is amazing if you can get in somewhere before it booms. My husbands parents bought some commercial properties 15-20 years ago and today the market value is about 21x what they paid. It certainly wouldn't be the case if it wasn't for the oilfield though. |
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Location: Philly | lot depends on how much you have to invest.$2k - $20k - $200k or $2mil.
If I had $200k and found something dirt cheap where i could spend about $10-40k, i'd possibly do it, otherwise if you buy something taking up most of your liquidity that provides no income (empty lot down the street), the land may appreciate but you would be banking on that one asset to give you a return on investment that you can't get from a combo of others - rather risky in my book but to each their own. buying real estate that provides steady income is a different issue altogether (rent houses/apartments/mobile home parks/mini storage facilities/etc).
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Folks on-line