Liberal Forum

I’ve recently inherited money (poor pop saved for me)
I was wondering if anyone had any suggestions on investing? 
don’t say bitcoin. That’s not happening 
thanks in advance 
xoxo

Imgreatagain » 29 Jun 2023, 3:25 pm » wrote: ↑

29 Jun 2023, 3:25 pm

I’ve recently inherited money (poor pop saved for me)
I was wondering if anyone had any suggestions on investing? 
don’t say bitcoin. That’s not happening 
thanks in advance 
xoxo

use your own brain to understand what is necessary in any social order doesn't matter the reality. Universe works constantly the same way nothing stays what it was when arrived.

Called evolving, not evolution. Evolution is comparing everything currently evolving at the same time regardless which generation gap a lifetime achieves since birth

Don't get lost speculating time changes everything because it doesn't. Evolving never leaves anything what it became so far. Ever changing total sum. So find that average between all extremes every generation needs same things.

Power, wealth, fame are diversions from understanding exactly why corruption is never corrected yet.

Imgreatagain » 29 Jun 2023, 3:25 pm » wrote: ↑

29 Jun 2023, 3:25 pm

I’ve recently inherited money (poor pop saved for me)
I was wondering if anyone had any suggestions on investing? 
don’t say bitcoin. That’s not happening 
thanks in advance 
xoxo

I would follow Nostra's advice and ask no questions.
 

Imgreatagain » 29 Jun 2023, 3:25 pm » wrote: ↑

29 Jun 2023, 3:25 pm

I’ve recently inherited money (poor pop saved for me)
I was wondering if anyone had any suggestions on investing? 
don’t say bitcoin. That’s not happening 
thanks in advance 
xoxo

 

Warren Buffet advises to pace 10% in short term treasuries (currently paying 5%) and 90% in S & P index funds, that have averaged a ten per cent return for over a century, with occasional losses that take a few years to recover.

Imgreatagain » 29 Jun 2023, 3:25 pm » wrote: ↑

29 Jun 2023, 3:25 pm

I’ve recently inherited money (poor pop saved for me)
I was wondering if anyone had any suggestions on investing? 
don’t say bitcoin. That’s not happening 
thanks in advance 
xoxo

I feel like the way tech and geopolitics is going its a pretty good investment to simply purchase a lot of vietnamese currency (the dong). Just hold it for a while. I predict it will increase in value a dramatic amount in the next 10 years

FOS » 29 Jun 2023, 4:25 pm » wrote: ↑

29 Jun 2023, 4:25 pm

I feel like the way tech and geopolitics is going its a pretty good investment to simply purchase a lot of vietnamese currency (the dong). Just hold it for a while. I predict it will increase in value a dramatic amount in the next 10 years

is it really called “dong”? 
ching Chang Chong 

Imgreatagain » 29 Jun 2023, 3:25 pm » wrote: ↑

29 Jun 2023, 3:25 pm

I’ve recently inherited money (poor pop saved for me)
I was wondering if anyone had any suggestions on investing? 
don’t say bitcoin. That’s not happening 
thanks in advance 
xoxo

CDs for now.


Protect yer money until you've had time to think about it.

roadkill » 29 Jun 2023, 4:41 pm » wrote: ↑

29 Jun 2023, 4:41 pm

CDs for now.

not cassette tapes?  
lol 
xoxo

Imgreatagain » 29 Jun 2023, 4:42 pm » wrote: ↑

29 Jun 2023, 4:42 pm

not cassette tapes?  
lol 
xoxo

lol  No...roadkill sure bets.  RSBs.   lmao

Imgreatagain » 29 Jun 2023, 3:25 pm » wrote: ↑

29 Jun 2023, 3:25 pm

I’ve recently inherited money (poor pop saved for me)
I was wondering if anyone had any suggestions on investing? 
don’t say bitcoin. That’s not happening 
thanks in advance 
xoxo

I think I would invest in Lockheed Martin and Raytheon 

they are the big players in war … they make a lot of very expensive things that fly and go boom

never looked, but I would bet that their stock have rarely if ever taken a big hit 

and it’s stocks surely rise frequently… much more to come

look at it like getting some of your taxes back

Mrkelly » 29 Jun 2023, 4:54 pm » wrote: ↑

29 Jun 2023, 4:54 pm

I think I would invest in Lockheed Martin and Raytheon 

they are the big players in war … they make a lot of very expensive things that fly and go boom

never looked, but I would bet that their stock have rarely if ever taken a big hit 

and it’s stocks surely rise frequently… much more to come

look at it like getting some of your taxes back

We have an election coming up...if the right people get elected MIC could take a dip.  

roadkill » 29 Jun 2023, 4:57 pm » wrote: ↑

29 Jun 2023, 4:57 pm

We have an election coming up...if the right people get elected MIC could take a dip.

the continuing wars that both parties fund is more than enough to make them trillions 

Ukraine is a drop in the bucket 

Imgreatagain » 29 Jun 2023, 3:25 pm » wrote: ↑

29 Jun 2023, 3:25 pm

I’ve recently inherited money (poor pop saved for me)
I was wondering if anyone had any suggestions on investing? 
don’t say bitcoin. That’s not happening 
thanks in advance 
xoxo

My son-in-law in Austin is in finance.
Quantitative Researcher w/ 3 college degrees.  (what a geek).
He likes;
1.  A simple acc. w/ Charles Schwab.  This lets you trade stocks, bonds,
    & mutual funds.   And it is a fun game!!
2.  Mutual Funds......conservative mutual funds.  Look for 5%-10% SAFE returns.
     Diversification is mandatory.    Maybe a doz. different funds? 
3.  Max-out your Company 401k retirement plan.... w/ co. matching funds.
4.  Start a IRA Acc. on the side that equals your 401k plan.   
5.  Be conservative.......these are dangerous times.

My father taught me to be a money-saver.
He said, "you will never regret being frugal & saving money. 
Just the opposite.  You will be proud of yourself".   And he was right.
Here is a book that helped me many years ago.

 

Imgreatagain » 29 Jun 2023, 3:25 pm » wrote: ↑

29 Jun 2023, 3:25 pm

I’ve recently inherited money (poor pop saved for me)
I was wondering if anyone had any suggestions on investing? 
don’t say bitcoin. That’s not happening 
thanks in advance 
xoxo

If you're old it doesn't matter.

Some people here shun/piss on/dismiss/denigrate "greedy rich people"...
while telling people what to do with their money so they too can be one of those bastards.

Amusing.

DeezerShoove » 29 Jun 2023, 5:42 pm » wrote: ↑

29 Jun 2023, 5:42 pm

If you're old it doesn't matter.

Some people here shun/piss on/dismiss/denigrate "greedy rich people"...
while telling people what to do with their money so they too can be one of those bastards.

Amusing.

I’m not old. I’ve got a long way to go. 

Sumela » 29 Jun 2023, 3:45 pm » wrote: ↑

29 Jun 2023, 3:45 pm

I would follow Nostra's advice and ask no questions.
 

Thank you, but the questions to be asked isn't about how much money one inherited. doesn't matter if it were a hundred bucks or 100,000.00.

Principles are like universal constants, their value is never endingly the same start to finish. Humans need to make currency do the same thing. Only way to do that is stop the taxation working planned obsolescence of nation building only works upto 5 generations in a row, before it falls apart like everyone in history has.

Genetics works same way throughout the food chain regardless which species are still here. Currency has to work throughout the species regardless the ideologies using it between each person's income and the global population using the economic theory.

reality works averaging fractions against one another and if one sticks to compounding adding and subtracting it works great, but get into multiply and dividing forget it become worthless immediately.

Hope, faith, charity are required to work an economic theory for generations. there are 5 active generation gaps alive at the same time and the 2 out of 5 has each in every generation gap living.

But, I as I told Iamgreatagain, invest in things everyone needs to survive because necessities of living are constant regardless the ideolies assumed in every reality pretending life isn't eternally separated now.

Economics is about the whole social order where the society has to convert raw materials into usable commodities and that is where people work diversely to do all the steps to convert raw materials to marketplace.

Walter Williams that used to sub for rush limbaugh was a great economics person that grasped the interconnection of everything tied together at the same time.

Read up on what he used to write about.

Sumela » 29 Jun 2023, 3:45 pm » wrote: ↑

29 Jun 2023, 3:45 pm

I would follow Nostra's advice and ask no questions.

seriously? 

Nostradamus'omh » 29 Jun 2023, 5:53 pm » wrote: ↑

29 Jun 2023, 5:53 pm

Thank you, but the questions to be asked isn't about how much money one inherited. doesn't matter if it were a hundred bucks or 100,000.00.

Principles are like universal constants, their value is never endingly the same start to finish. Humans need to make currency do the same thing. Only way to do that is stop the taxation working planned obsolescence of nation building only works upto 5 generations in a row, before it falls apart like everyone in history has.

Genetics works same way throughout the food chain regardless which species are still here. Currency has to work throughout the species regardless the ideologies using it between each person's income and the global population using the economic theory.

reality works averaging fractions against one another and if one sticks to compounding adding and subtracting it works great, but get into multiply and dividing forget it become worthless immediately.

Hope, faith, charity are required to work an economic theory for generations. there are 5 active generation gaps alive at the same time and the 2 out of 5 has each in every generation gap living.

But, I as I told Iamgreatagain, invest in things everyone needs to survive because necessities of living are constant regardless the ideolies assumed in every reality pretending life isn't eternally separated now.

Economics is about the whole social order where the society has to convert raw materials into usable commodities and that is where people work diversely to do all the steps to convert raw materials to marketplace.

Walter Williams that used to sub for rush limbaugh was a great economics person that grasped the interconnection of everything tied together at the same time.

Read up on what he used to write about.

You’re so long winded 
 

Gold and silver!!

Imgreatagain » 29 Jun 2023, 5:44 pm » wrote: ↑

29 Jun 2023, 5:44 pm

I’m not old. I’ve got a long way to go.

Funny that no one yet here suggested you invest in yourself, if you're confident enough in your own inherent abilities.
If you've already got a decent job and are willing to take on some degree of risk with that new found money, why not look at possibly starting your own business?  I've owned 5 of them over my 69 years, and despite a small handful of decisions that didn't pan out over the years, overall I've done incredibly well.  My last business has just about run it's course, but I've immediately found two new ventures I'm beginning with a partner of mine that combined will only cost me less than $30K to start up, even though I was honestly quite ready to retire.

My advice to you might sound a bit cryptic, but there are a multitude of opportunities out there for an entrepreneur who can find a product or service they can provide to a business that would actually be mostly funded by government incentives, allowing you to offer a needed product or service to a business customer for nothing or next to nothing, while you're being paid handsomely by a third party like the government or your local utilities.  Build your own solid reputation with your customers that will last you a lifetime in many cases.

If you're willing to give it some serious consideration, feel free to PM me, and I'll be happy to give you some direction if you want it.
One sentiment I've found to be true is this:
"Enjoy the job you choose to do and you'll never work a day in your life".