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Thread: Investing in today's market..?

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    Featured Member kimbe's Avatar
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    Default Investing in today's market..?

    If it was you, what would you do if you had between 1 and 2 million to invest?
    Work hard in silence and let success make the noise

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    God/dess Sam38g's Avatar
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    Default Re: Investing in today's market..?

    I'd move to a country with very little taxes if any at all, invest in stocks that pay a nice dividend and live off of that money.
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    God/dess Zofia's Avatar
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    Default Re: Investing in today's market..?

    Quote Originally Posted by Sam38g View Post
    I'd move to a country with very little taxes if any at all, invest in stocks that pay a nice dividend and live off of that money.
    Dividend investing is always a wise course. Keep in mind, the U.S. and many states impose a universal income tax, that is they tax U.S. citizens on their worldwide income. However, a U.S. citizen can lawfully earn foreign income without incurring a U.S. tax liability. There are complicated rules with such a strategy. I suggest you consult a tax accountant who is very knowledgable regarding the taxation of U.S. citizens expatriots.

    Z

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    God/dess Zofia's Avatar
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    Default Re: Investing in today's market..?

    Quote Originally Posted by kimbe View Post
    If it was you, what would you do if you had between 1 and 2 million to invest?
    Warren Buffet's advice remains sound. Invest 90% of it in a good low cost S&P500 index fund and 10% in a low cost bond fund. Sit back and let the best of American industry work for you doing what it does really well, that is, make money.

    HTH
    Z

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    Featured Member kimbe's Avatar
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    Default Re: Investing in today's market..?

    Quote Originally Posted by Sam38g View Post
    I'd move to a country with very little taxes if any at all, invest in stocks that pay a nice dividend and live off of that money.
    While tempting in a way, I'm not planning on moving out of of town..

    I recently sold a commercial property that provided a good rental income, one option is of course to buy another property..
    Work hard in silence and let success make the noise

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    Featured Member kimbe's Avatar
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    Default Re: Investing in today's market..?

    Quote Originally Posted by Zofia View Post
    Warren Buffet's advice remains sound. Invest 90% of it in a good low cost S&P500 index fund and 10% in a low cost bond fund. Sit back and let the best of American industry work for you doing what it does really well, that is, make money.

    HTH
    Z
    Yep, history don't lie, he's mostly right in his advice..
    Work hard in silence and let success make the noise

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    God/dess miss.a.p1600's Avatar
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    Default Re: Investing in today's market..?

    Quote Originally Posted by Zofia View Post
    Warren Buffet's advice remains sound. Invest 90% of it in a good low cost S&P500 index fund and 10% in a low cost bond fund. Sit back and let the best of American industry work for you doing what it does really well, that is, make money.

    HTH
    Z
    one of my wealthy relatives suggested bonds

    I thought to myself “bruh I don’t want to get rich slow wtf”

    I can see the safety factor

    And

    it’s a good thing you specified the percentage there
    “Cook for him like a housewife, fuck him good like a nympho….pay the rent and the car note, he invests in me like crypto”

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    Featured Member kimbe's Avatar
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    Default Re: Investing in today's market..?

    ^^Safety factor is definitely an issue!
    Work hard in silence and let success make the noise

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    God/dess Sam38g's Avatar
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    Default Re: Investing in today's market..?

    I suggest you talk to a tax accountant. If you re-invest that money back into real estate then you might not have to pay taxes on it. Consult one to limit you tax liability as much as possible.
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    Personality is the glitter that sends your little gleam across the footlights and the orchestra pit into that big black space where the audience is. Mae West

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    Default Re: Investing in today's market..?

    Quote Originally Posted by Zofia View Post
    Warren Buffet's advice remains sound. Invest 90% of it in a good low cost S&P500 index fund and 10% in a low cost bond fund. Sit back and let the best of American industry work for you doing what it does really well, that is, make money.

    HTH
    Z
    It's also good to keep some money in an emergency fund, as you mentioned in another thread.

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    Default Re: Investing in today's market..?

    Quote Originally Posted by Zofia View Post
    Warren Buffet's advice remains sound. Invest 90% of it in a good low cost S&P500 index fund and 10% in a low cost bond fund. Sit back and let the best of American industry work for you doing what it does really well, that is, make money.

    HTH
    Z
    I love Warren so much. I just wanted to post that on this thread.

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