What do you do?

I have come to learn there are some brilliant financial minds on this message board. I am not one of them, and would probably be more towards the level of a mongoloid financial mind. I'm not good with money, never have been. No sooner than I have it, is it gone.

If you had $100,000 to invest, what would be your strategy to make that money work for you? Stocks? Business? Real estate? Other? What would your strategy be?

What if you only had $10,000? Anything positive to do with such a small sum?

 

That would be roughly 10 good Vegas trips for me. LOL Not the advice you wanted. Sorry.
I will be following along to this thread to see what the group says.

 

Lol, that's the problem. Vegas was my retirement plan up until now. I'm starting to realize that plan may be flawed haha.

 

I don't believe Uber is public yet, the company is interesting. I admittedly don't know much about their operations though.

 

Saying you have 100K to invest without context makes it pretty hard to give you a good answer.

What is your risk tolerance? What is your investment objective and horizon? If you are looking for an active investment ( real estate, small business), what skills/network do you have that would help you succeed?

100K in Uber could be a terrible investment because the IPO will be priced incredibly high. Look at what happened to Linkedin, Twitter, etc.

With a sum as small as $10K, your investment would most likely need to be passive. However, if you can put together some partners, or have skills/industry experience real estate and small business is not out of the question.

This probably didn't help much....

 

True, but Facebook is worth over 3X it's initial offering price now

 

Actually this helped. My risk tolerance for an active investment is much higher than it would be for a passive investment. After some more thinking, active investment is the direction I want to go. I want to feel like I have some sort of control in the success or failure of the venture rather than just choosing right or wrong.

 

The biggest thing I've learned from working at a hedge fund is don't invest trying to beat the market...there's someone/company/etc who is better at it than you are

 

25-50k in a online sports gambling site. Take the local Chicagoan betting dollars, one game at a time

50-75K purchase of PayPal stock- low risk, great upside.

only online/mobile payments processor is monetizing the segment. no actual competitor. The banks, and credit cards biggest customer. works on all merchant platforms, way ahead in merchants already on board. Has already completed the compliance banking BS, which will is derailing Apple, Google, Square, etc. Already processes 20% of the worlds money, with strongest position to take more share.

 

If I had 10K? I'd just dump it in the Vanguard S&P 500 fund. If I really wanted to depend on the 100K in the long term as a significant portion of my retirement future, I'd probably do the same thing. Although I'd be tempted to put some of it into Costco.