Welcome to Vegas Boards!

The only Las Vegas Message Board and forum built by enthusiasts for enthusiasts.
Join today for free!

$100K to invest

Discussion in 'Off-Topic' started by DaaaaaaBears, May 9, 2016.

  1. DaaaaaaBears

    DaaaaaaBears
    Expand Collapse
    PUSH THE BUTTON
    Founder's Club

    Joined:
    Feb 8, 2016
    Messages:
    1,030
    Likes Received:
    584
    Trips to Vegas:
    45
    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?
     
  2. jonnyvegas

    jonnyvegas
    Expand Collapse
    Member

    Joined:
    Mar 4, 2016
    Messages:
    359
    Likes Received:
    390
    Location:
    Outside Philly
    Trips to Vegas:
    14
    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.
     
  3. DaaaaaaBears

    DaaaaaaBears
    Expand Collapse
    PUSH THE BUTTON
    Founder's Club

    Joined:
    Feb 8, 2016
    Messages:
    1,030
    Likes Received:
    584
    Trips to Vegas:
    45
    Lol, that's the problem. Vegas was my retirement plan up until now. I'm starting to realize that plan may be flawed haha.
     
    • Like Like x 2
    • Haha Haha x 1
  4. DaaaaaaBears

    DaaaaaaBears
    Expand Collapse
    PUSH THE BUTTON
    Founder's Club

    Joined:
    Feb 8, 2016
    Messages:
    1,030
    Likes Received:
    584
    Trips to Vegas:
    45
    I don't believe Uber is public yet, the company is interesting. I admittedly don't know much about their operations though.
     
  5. mnmurphy

    mnmurphy
    Expand Collapse
    Junior Member

    Joined:
    Apr 18, 2016
    Messages:
    31
    Likes Received:
    6
    Location:
    Minnesota
    Trips to Vegas:
    8
    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....
     
    • Like Like x 1
  6. mnmurphy

    mnmurphy
    Expand Collapse
    Junior Member

    Joined:
    Apr 18, 2016
    Messages:
    31
    Likes Received:
    6
    Location:
    Minnesota
    Trips to Vegas:
    8
    True, but Facebook is worth over 3X it's initial offering price now :)
     
  7. DaaaaaaBears

    DaaaaaaBears
    Expand Collapse
    PUSH THE BUTTON
    Founder's Club

    Joined:
    Feb 8, 2016
    Messages:
    1,030
    Likes Received:
    584
    Trips to Vegas:
    45
    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.
     
  8. Jason

    Jason
    Expand Collapse
    Junior Member

    Joined:
    Feb 10, 2016
    Messages:
    61
    Likes Received:
    18
    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
     
    • Agree Agree x 1
  9. Dreamsh!t

    Dreamsh!t
    Expand Collapse
    Love craps, and beer!.
    Founder's Club

    Joined:
    Feb 7, 2016
    Messages:
    289
    Likes Received:
    220
    Location:
    Nebraska
    Trips to Vegas:
    23
    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.
     
  10. DannyOcean

    DannyOcean
    Expand Collapse
    Opening the Champagne
    Founder's Club

    Joined:
    Feb 10, 2016
    Messages:
    1,097
    Likes Received:
    991
    Location:
    Houston
    Trips to Vegas:
    20
    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.
     
    • Agree Agree x 2
    • Like Like x 1

Share This Page

Loading...