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  • call_me_ishmael
    replied
    Originally posted by Bretsky View Post
    What type of real estate, and why would you choose this over stocks when you seem to have don well with stocks. It's not all roses in real estate. Eventually this insanity will correct and some will pay for excessively overpaying for homes
    I don't know the answer to any of these questions. I am just trying to maximize my ROI with as little time commitment as possible. We get a big equity grant each year at my job so I intend to invest the the whole thing and hopefully set my kids up. Just not sure how to best do that. Seems like some peeps in real estate can make some serious coin, but conversely it also seems like they invest a lot of time.

    Something I do want is the money to be relatively liquid so if we decide to buy a new house we can.

    Leave a comment:


  • Bretsky
    replied
    What type of real estate, and why would you choose this over stocks when you seem to have don well with stocks. It's not all roses in real estate. Eventually this insanity will correct and some will pay for excessively overpaying for homes

    Leave a comment:


  • call_me_ishmael
    replied
    Alright folks - let's say hypothetically I pocketed enough money to have ~150K to invest per year post tax. I already max out 401K, etc. I know some folks do backdoor roth, etc but I haven't researched this.

    Would I be better served investing in real estate or stocks? I don't want to actually manage the properties, just invest in them and own them since right now time is a limiting factor for me. I have young kids and a demanding job so I don't want to spend my time f'ing around with real estate too much.

    What other types of investments should I consider?

    Leave a comment:


  • call_me_ishmael
    replied
    Anybody use anything like Wealthfront? I want to set something up where my money gets invested automatically without even thinknig about it.

    Leave a comment:


  • call_me_ishmael
    replied
    Lost a shit load of money on paper but still up bigly in covid times cha ching

    Leave a comment:


  • call_me_ishmael
    replied
    Originally posted by MadtownPacker View Post
    Yes you dumb fuck. Wait until all the foreclosures protections expire. Next year will be the time to buy IMO.

    Any of you hoes get dooshcoin? Some fucker at work said he bought $200 few weeks ago and it’s $2000 now.
    Yeah unfortunately so few houses that check our boxes come on the market that we gotta jump when they do.

    Not a lot of 5-6 bedroom in our town and we ain't moving, so beggars can't be choosers.

    Leave a comment:


  • Freak Out
    replied
    Chia

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  • Spaulding
    replied
    That coin was created as a joke. Ruins the whole crypto currency landscape. Would think a market correction is coming soon but then again the herd buys what the herd buys. I can't complain though as bitcoin cash has been kind as of late even with bitcoin fairly stagnant. Speculating on ADA too now.

    Leave a comment:


  • MadtownPacker
    replied
    Yes you dumb fuck. Wait until all the foreclosures protections expire. Next year will be the time to buy IMO.

    Any of you hoes get dooshcoin? Some fucker at work said he bought $200 few weeks ago and it’s $2000 now.

    Leave a comment:


  • call_me_ishmael
    replied
    Housing market is insane right now. I am gonna buy a house, the market is gonna collapse, and I am gonna lose 20-40% of value, aren't I?

    Leave a comment:


  • Freak Out
    replied
    Well high for cash that is lol. BTC is a cult and scares the hell out of me.

    Leave a comment:


  • Freak Out
    replied
    Originally posted by call_me_ishmael View Post
    Did you go to cash, hold or BTC or what?
    Cash in a high interest account. I'll buy something soon probably.

    Leave a comment:


  • call_me_ishmael
    replied
    Originally posted by Freak Out View Post
    I sold everything but oil a week ago. My airline stuff hit a high so I took the profit. I'm getting nervous.....
    Did you go to cash, hold or BTC or what?

    Leave a comment:


  • Bretsky
    replied
    Originally posted by Freak Out View Post
    I sold everything but oil a week ago. My airline stuff hit a high so I took the profit. I'm getting nervous.....

    You think we're going to crash ?

    I keep reading about pot stocks and kinda wanna buy more

    Leave a comment:


  • Freak Out
    replied
    I sold everything but oil a week ago. My airline stuff hit a high so I took the profit. I'm getting nervous.....

    Leave a comment:

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