(Topic ID: 227577)

if someone handed you 250K how would you invest it.

By zr11990

5 years ago


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  • Latest reply 5 years ago by zr11990
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#4 5 years ago
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#68 5 years ago

Real talk: 250K is a nice windfall but at your age is not enough money to retire. Without knowing your financial situation (debt, assets, etc), I would recommend that you look at your monthly outflows and evaluate if you apply that 250K to those, how much you would be saving a month. Then, evaluate that monthly savings vs income that your would make from investing that either actively or passively. Whichever has the higher net positive to your situation is the way you should lean and then proceed ahead.

If you are concerned about evictions and the like being a landlord is probably not for you. If you were to buy into a business, carefully evaluate the books of any small business that you can buy into for 250K. You may consider something like a carwash, which is right around that price range and has a good revenue stream. A variety of people in my industry (software sales) take commissions and invest or buy businesses like car washes to have something on the side.

#99 5 years ago
Quoted from GPS:

General Electric

GE is a horrible performer right now and has systemic issues. Would avoid like the plague.

#100 5 years ago
Quoted from thedarkknight77:

The average person will not be itemizing.

Don’t know Iceman at all but based upon his bona fides, he is not dealing with the average person. From what he has relayed in this thread he is right on the money.

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