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what is the credited investment for your first 50k

I am 24. Should I buy an investment property with my money? ...
Olive Factory Reset Button
  10/28/14
No.
Slap-happy impressive mad-dog skullcap bawdyhouse
  10/28/14
how do you have 50k at 24 w a job that pays little above liv...
Light halford
  10/28/14
inheritance.
Olive Factory Reset Button
  10/28/14
S&P 500 index fund
Transparent roast beef hell
  10/28/14
...
Razzle Main People
  10/28/14
what's the argument for this over investment property?
Olive Factory Reset Button
  10/28/14
First, how the fuck do you buy an investment property for 50...
nofapping jade coffee pot
  10/29/14
you can easily get non-ghetto houses in most places in Ameri...
fighting dilemma multi-billionaire
  10/29/14
Lol no
Unhinged Alcoholic Garrison Queen Of The Night
  10/29/14
I was thinking about 20% down on a condo in big metro area a...
Olive Factory Reset Button
  10/29/14
This would be a 200K condo? Not 250K because remember, there...
Laughsome partner theater stage
  10/29/14
50k just isn't enough. OP could buy a bunch of gumball machi...
spectacular khaki preventive strike
  10/29/14
Russian ETF
French vivacious theatre azn
  10/28/14
...
Olive Factory Reset Button
  10/29/14
currently leaning towards S&P 500 index and just letting...
Olive Factory Reset Button
  10/29/14
Stash it in an index fund and just let it do what it do unti...
Plum Telephone Business Firm
  10/29/14
fuck that is depressing
Olive Factory Reset Button
  10/29/14
A wedding!
Insane dog poop
  10/29/14
Reminder: for most of the 20th century, property values did ...
indigo vibrant tattoo
  10/29/14
VTI
brass doobsian corner private investor
  10/29/14
house can be depreciated and give you other write-offs. majo...
tantric jet-lagged menage philosopher-king
  10/29/14
45k in index fund and 5k as seed money in bullshit start-ups...
Pink Deep Elastic Band Hospital
  10/29/14
$5k is not seed money. $5k is barely enough to cover the leg...
indigo vibrant tattoo
  10/29/14
+1. great to be getting advice from guys who have no idea wh...
Olive Factory Reset Button
  10/29/14
Well you've come to the right place!
Pungent Patrolman Native
  10/29/14
it can get you in with an initial seed round if you have a r...
Pink Deep Elastic Band Hospital
  10/29/14
lol.
Arousing abusive personal credit line
  10/29/14
Meh this is technically true, but I doubt OP has a bunch of ...
indigo vibrant tattoo
  10/29/14
fair
Pink Deep Elastic Band Hospital
  10/29/14
Record album, do they still make those? He might as well &qu...
Pungent Patrolman Native
  10/29/14
is it in cash or in kind?
spectacular khaki preventive strike
  10/29/14
cash
Olive Factory Reset Button
  10/29/14
got to be equities. index fund is prolly tcr.
spectacular khaki preventive strike
  10/29/14
bitcoin
Contagious Scarlet Set
  10/29/14


Poast new message in this thread



Reply Favorite

Date: October 28th, 2014 10:23 PM
Author: Olive Factory Reset Button

I am 24. Should I buy an investment property with my money?

I have an OK job. non-legal

(http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26605832)



Reply Favorite

Date: October 28th, 2014 10:24 PM
Author: Slap-happy impressive mad-dog skullcap bawdyhouse

No.

(http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26605839)



Reply Favorite

Date: October 28th, 2014 10:24 PM
Author: Light halford

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)



Reply Favorite

Date: October 28th, 2014 10:26 PM
Author: Olive Factory Reset Button

inheritance.

(http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26605852)



Reply Favorite

Date: October 28th, 2014 10:25 PM
Author: Transparent roast beef hell

S&P 500 index fund

(http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26605844)



Reply Favorite

Date: October 28th, 2014 10:27 PM
Author: Razzle Main People



(http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26605855)



Reply Favorite

Date: October 28th, 2014 10:27 PM
Author: Olive 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)



Reply Favorite

Date: October 29th, 2014 6:14 AM
Author: nofapping jade coffee pot

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.

(http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26607793)



Reply Favorite

Date: October 29th, 2014 6:59 AM
Author: fighting dilemma multi-billionaire

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)



Reply Favorite

Date: October 29th, 2014 8:39 PM
Author: Unhinged Alcoholic Garrison Queen Of The Night

Lol no

(http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26611164)



Reply Favorite

Date: October 29th, 2014 7:05 AM
Author: Olive 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)



Reply Favorite

Date: October 29th, 2014 9:20 PM
Author: Laughsome partner theater stage

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.

(http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26611412)



Reply Favorite

Date: October 29th, 2014 9:21 PM
Author: spectacular khaki preventive strike

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)



Reply Favorite

Date: October 28th, 2014 10:25 PM
Author: French vivacious theatre azn

Russian ETF

(http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26605846)



Reply Favorite

Date: October 29th, 2014 6:06 AM
Author: Olive Factory Reset Button



(http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26607784)



Reply Favorite

Date: October 29th, 2014 7:02 AM
Author: Olive 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)



Reply Favorite

Date: October 29th, 2014 7:50 AM
Author: Plum Telephone Business Firm

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)



Reply Favorite

Date: October 29th, 2014 5:20 PM
Author: Olive Factory Reset Button

fuck that is depressing

(http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26610061)



Reply Favorite

Date: October 29th, 2014 8:57 AM
Author: Insane dog poop

A wedding!

(http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26607989)



Reply Favorite

Date: October 29th, 2014 6:04 PM
Author: indigo vibrant tattoo

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.

(http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26610323)



Reply Favorite

Date: October 29th, 2014 6:06 PM
Author: brass doobsian corner private investor

VTI

(http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26610329)



Reply Favorite

Date: October 29th, 2014 7:03 PM
Author: tantric jet-lagged menage philosopher-king

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.

(http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26610627)



Reply Favorite

Date: October 29th, 2014 7:05 PM
Author: Pink Deep Elastic Band Hospital

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)



Reply Favorite

Date: October 29th, 2014 8:34 PM
Author: indigo vibrant tattoo

$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)



Reply Favorite

Date: October 29th, 2014 8:37 PM
Author: Olive 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)



Reply Favorite

Date: October 29th, 2014 8:49 PM
Author: Pungent Patrolman Native

Well you've come to the right place!

(http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26611242)



Reply Favorite

Date: October 29th, 2014 8:40 PM
Author: Pink Deep Elastic Band Hospital

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)



Reply Favorite

Date: October 29th, 2014 8:42 PM
Author: Arousing abusive personal credit line

lol.

(http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26611201)



Reply Favorite

Date: October 29th, 2014 8:47 PM
Author: indigo vibrant tattoo

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.

(http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26611235)



Reply Favorite

Date: October 29th, 2014 8:49 PM
Author: Pink Deep Elastic Band Hospital

fair

(http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26611244)



Reply Favorite

Date: October 29th, 2014 8:50 PM
Author: Pungent Patrolman Native

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)



Reply Favorite

Date: October 29th, 2014 8:48 PM
Author: spectacular khaki preventive strike

is it in cash or in kind?

(http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26611239)



Reply Favorite

Date: October 29th, 2014 8:48 PM
Author: Olive Factory Reset Button

cash

(http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26611241)



Reply Favorite

Date: October 29th, 2014 8:50 PM
Author: spectacular khaki preventive strike

got to be equities. index fund is prolly tcr.

(http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26611254)



Reply Favorite

Date: October 29th, 2014 9:15 PM
Author: Contagious Scarlet Set

bitcoin

(http://www.autoadmit.com/thread.php?thread_id=2712488&forum_id=2#26611391)