Save money for wedding? save money for retirement?
If I were to save money for a wedding in two years, I would definitely be in fixed income securities. You'll need protection of principal while earning and growing interest. A high yielding bank CD, money market, and savings account would be ideal. Now for retirement, I'd first take advantage of an employer's retirement plan. A 401(k) would be the way to go. It is tax-deferred and most employers match contributions up to a percentage, which is just like free money. You also can a tax benefit of taking advantage of it. I would also fund a Roth IRA. It builds tax-free earnings, qualified withdrawals can begin at 59 1/2, and you can always borrow against the principal without penalty. And unlike traditional IRAs, you never have to take a mandatory withdrawal if you choose not to.
Why should anyone care whether the stock market is up, down, or even doesn't exist at all?
Most people don't care. Those who do are primarily greedy individuals who foolishly invested their money wrecklessly instead of hanging onto something that was probably hard-earned. As far as I'm concerned, there is virtually no excuse for the stock market to exist at all.
I'm retiring, how should I invest $165,000, if I need to live on the cash ?
How much cash do you need to live on? If by living on the cash you mean spending part of the principal (i.e., the initial cash amount), then you need a liquid investment that allows you to access your cash when needed. I recommend a money market account. The interest will not be much, but you will be able to access your cash whenever you want. If by living on the cash you mean the money generated by the cash, then you can put your money into less liquid, but higher yielding investment instruments. You should not expect more than a 10% return for any investment that would preserve the principal. So, you should not expect a safe investment to provide more than $16,000 per year to live on. (Your actual investment return and income would most likely be less.) Since you are retiring and can't afford much risk, I recommend annuities or bonds.
I recently inherited around US$50,000. How should I invest this money?
I am in my mid-20's and getting married soon. Neither of us have any major assets such as property, and we have very little debt with good credit. We will probably look at buying property in about 2 years when our lives are more stable and we've decided where we'd like to settle. Also, we'd like some money to play around with as well, to be spent on a yearly vacation or something similar. I've been looking at CD's and bonds, but maybe stocks are a better option at this stage of my life. Any thoughts?
INVESTING 50K SUGGESTION - INDEX FUNDS VANGUARD- SERIOUS ANSWERS PLEASE?
I am 32 years old. My father passed away and left me some cash. I would like to invest some of it but reality is I know nothing about investing. I have been reading about investing for people with no real knowledge and everything leads towards passive investing or index funds investing. I am about to meet with a Vanguard advisor who walked me online with the recommendation tool they have based on my level of risk etc. I want to start slow and learn. So I put one year investment, middle risk and return with $50,000 investment. tBelow is the portafolio allocation I was given. PLEASE HELP and let me know if this is a sound plan. I would hate to see my fathers hard earned money wasted away. I realize there is no guarantee in the market these days but my advisor said this is a good plan based on my needs and expectations. A side note, I am not trying to get rich overnight, just get on the wagon while I learn more about this monster. thank you in advance for your comments. 21% $10,500.00 Vanguard Total Stock Market Index Fund Investor Shares (VTSMX) 9% $4,500.00 Vanguard Total International Stock Index Fund Investor Shares (VGTSX) 56% $28,000.00 Vanguard Total Bond Market Index Fund Investor Shares (VBMFX) 14% $7,000.00 Vanguard Total International Bond Index Fund Investor Shares (VTIBX) *quarter End VTSMX VGTSX VBMFX VTIBX SEC yield as of 7/14/14 1.7% B 1.99% A 1.28% A YTD as of 7/14/14 7.42% 5.76% 3.66% 4.48% 1 year 25.04% 22.34% 4.15% 5.47% Expense 0.17% 0.22% 0.20% 0.23%
How much would I need to invest in dividend stocks to make $50,000 a year?
There are some stocks out there paying 15%-20%. They can be considered high risk, but if you have a decent amount of technical and fundamental knowledge you’ll be able to assess when it’s time to cash out and when it’s time to get back into the game.Some stocks pay quarterly dividends, and some pay monthly dividends. I prefer monthly dividends, but that’s just me.Some 10%-20% stocks: NYMT, DF & OXLC.Using a 12% Dividend paying stock (NYMT), and assuming they will each dividend period (sometimes they don’t), You would have to buy $416,666.00 worth of their shares (65, 205 shares) to receive a little $50K annually.I hope this helps. Obviously, you have to learn about the stock you choose to invest in. If it has a higher dividend yield, it could be a riskier stock. Read their financials, understand what their business is about, and try to identify their business model. Along with the technical details you should be able to determine if this is the right choice.
What can you do with $50k to double it in 6 months, or a year?
Drive to Vegas, walk up to the roulette table, and bet it all on black. Or red. Or make any other bet that pays off one-to-one. Then cross your fingers.It'll double your money about half the time.If anyone knew a solid way to double any amount of money in just six months, we'd all be millionaires. Here are some ideas to start with $50,000 and hopefully have more:1 - Downpayment on a business with low start-up costs. But remember it is going to take a LOT of hard work and a generous amount of luck, and you may not make any money at all for a year or two.2 - Buy a new car and become an Uber driver in New York or an equivalent place, where the top drivers can earn around $100,000 a year.3 - I once read an answer on here in which it was recommended that the asker buy a big pack of inexpensive bottled water and sell them for $1 each. If you can sell 150 bottles a day, that'll make you $54,750 a year, which should net you around 50k.Sorry, my friend. There is no good answer to this. The best answer, I'm afraid, is to stop focusing on how much money you have and do everything you can to make yourself the person you want to be.
Can you can make a stable source of income through dividends with only investing a couple thousand?
ROTFL. Your decimal places are way off. $3000 in a dividend paying stock may kick off $10 a year.