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what is the credited investment for your first 50k
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Date: October 28th, 2014 10:23 PM Author: sable factory reset button I am 24. Should I buy an investment property with my money?
I have an OK job. non-legal |
Date: October 28th, 2014 10:24 PM Author: citrine soul-stirring roommate public bath No. (http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26605839) |
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Date: October 28th, 2014 10:24 PM Author: kink-friendly supple brethren how do you have 50k at 24 w a job that pays little above living wage (http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26605840) |
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Date: October 28th, 2014 10:26 PM Author: sable factory reset button inheritance. (http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26605852) |
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Date: October 28th, 2014 10:25 PM Author: pink sandwich S&P 500 index fund (http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26605844) |
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Date: October 28th, 2014 10:27 PM Author: disrespectful son of senegal (http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26605855) |
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Date: October 28th, 2014 10:27 PM Author: sable factory reset button what's the argument for this over investment property? (http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26605859) |
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Date: October 29th, 2014 6:14 AM Author: Blue home First, how the fuck do you buy an investment property for 50k with a shit job? Even with a mortgage you are maybe looking at I dunno 250k ---- unless you are doing this in some TTT third tier US city it will be hard to find a good investment.
As you saw in the last 5 years real estaet can be shit. If this money is for long term shit an index fund can be just as good or better, and possibly even safer. |
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Date: October 29th, 2014 6:59 AM Author: Irradiated fighting filthpig you can easily get non-ghetto houses in most places in America for $100K. (http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26607828) |
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Date: October 29th, 2014 8:39 PM Author: learning disabled dilemma gay wizard Lol no (http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26611164) |
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Date: October 29th, 2014 7:05 AM Author: sable factory reset button I was thinking about 20% down on a condo in big metro area and using as a rental property... but the HOA fees are fucking ridiculous and I dont think id make money month to month (http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26607835) |
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Date: October 29th, 2014 9:20 PM Author: opaque charismatic laser beams This would be a 200K condo? Not 250K because remember, there are closing costs etc.
The correct answer is index fund. Managing an investment property is hard, it opens you up to major risk of loss, it's extremely illiquid. |
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Date: October 29th, 2014 9:21 PM Author: cerebral sepia rigpig church 50k just isn't enough. OP could buy a bunch of gumball machines if he wants to get into passive income tho (http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26611416) |
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Date: October 28th, 2014 10:25 PM Author: duck-like business firm Russian ETF (http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26605846) |
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Date: October 29th, 2014 6:06 AM Author: sable factory reset button (http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26607784) |
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Date: October 29th, 2014 7:02 AM Author: sable factory reset button currently leaning towards S&P 500 index and just letting do, with maxed out IRA every year. is this the TCR? (http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26607831) |
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Date: October 29th, 2014 7:50 AM Author: flickering bbw institution Stash it in an index fund and just let it do what it do until you need to buy a house, pay for a wedding, or send a kid to college. (http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26607864) |
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Date: October 29th, 2014 5:20 PM Author: sable factory reset button fuck that is depressing (http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26610061) |
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Date: October 29th, 2014 8:57 AM Author: erotic garrison kitty cat A wedding! (http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26607989) |
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Date: October 29th, 2014 6:04 PM Author: flesh bipolar library electric furnace Reminder: for most of the 20th century, property values did not appreciate significantly in real terms. http://images.huffingtonpost.com/2014-05-02-realhome_1_large.png
Don't be an idiot. Put your money in an index fund. HTH. |
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Date: October 29th, 2014 6:06 PM Author: Multi-colored rambunctious french chef VTI (http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26610329) |
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Date: October 29th, 2014 7:03 PM Author: Topaz becky stag film house can be depreciated and give you other write-offs. major potential for major headaches. stocks/index funds are boring. i'd say riskier. huge advantage is that they are 100% passive. |
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Date: October 29th, 2014 7:05 PM Author: Shaky curious mediation 45k in index fund and 5k as seed money in bullshit start-ups that will be fun to be involved with. (http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26610640) |
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Date: October 29th, 2014 8:34 PM Author: flesh bipolar library electric furnace $5k is not seed money. $5k is barely enough to cover the legal fees in a real seed investment ($50k - $500k+). (http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26611123) |
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Date: October 29th, 2014 8:37 PM Author: sable factory reset button +1. great to be getting advice from guys who have no idea what they're talking about (http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26611146) |
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Date: October 29th, 2014 8:49 PM Author: Mint gaming laptop orchestra pit Well you've come to the right place! (http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26611242) |
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Date: October 29th, 2014 8:40 PM Author: Shaky curious mediation it can get you in with an initial seed round if you have a relationship or it can be seed for really micro stuff like an album or an art studio. (http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26611185) |
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Date: October 29th, 2014 8:42 PM Author: wonderful range organic girlfriend lol. (http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26611201) |
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Date: October 29th, 2014 8:47 PM Author: flesh bipolar library electric furnace Meh this is technically true, but I doubt OP has a bunch of buddies around willing to do a syndicated startup investment with him. If he did, he probably wouldn't be asking us for advice, he'd be asking those dudes.
Funding the recording of an album would be cool, but I really doubt the expected return from such a project comes anywhere near simply investing in an index fund. |
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Date: October 29th, 2014 8:49 PM Author: Shaky curious mediation fair (http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26611244) |
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Date: October 29th, 2014 8:50 PM Author: Mint gaming laptop orchestra pit Record album, do they still make those? He might as well "invest" in a BMW (http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26611250) |
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Date: October 29th, 2014 8:48 PM Author: cerebral sepia rigpig church is it in cash or in kind? (http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26611239) |
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Date: October 29th, 2014 8:48 PM Author: sable factory reset button cash (http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26611241) |
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Date: October 29th, 2014 8:50 PM Author: cerebral sepia rigpig church got to be equities. index fund is prolly tcr. (http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26611254) |
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Date: October 29th, 2014 9:15 PM Author: cordovan forum giraffe bitcoin (http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26611391) |