Where to invest 300K

[Blue Collar Guy]

you sound too nervous to be in the stock market, if you were my child i would suggest you put 25 % into vanguard VTI, then every week transfer 1500 dollar cost average into it until you are fully invested about 3 years you might miss the huge ride up, but a nervous person will not get crushed in a crash, good luck ,read a few more books on investing from john bogle etc.

[gatored]

Seems to be one of the more unconventional approaches to retiring by 50. I'm going to bite my tongue a bit and just say you should go speak with a financial advisor and skip all the internet self-help links.

[Fedup]

Financial advisor will halve your money for 1%.

[Scuba]

Quote:

Originally Posted by Sunset So by not jumping in 2-3 years ago you missed out on 18% -> 30% increase Money magazine did an article on this, and even buying at the peak is better than keeping your money in "safe" interest bearing accounts over a 10 year span. Why you think lending club is safe, lots of folks have lost money and it's a lot of work. Some of the lending clubs have been caught lying about the returns and default rates. Why not, they make money even when you lose money. You can put it in a CD for 5 years (cashable with 6 month interest lost) earning 2.25% per year. You are young and will make more in 10 years in stocks than CD or checking account, JUST DON'T SELL IF IT DROPS IN VALUE.

Well said! +1

[firenow]

Quote:

Originally Posted by Sunset It's not clear, are you saying you bought $130K of lending club shares which is a pretty risky thing to have so much in 1 company. Or Are you saying you lent $130K through lending club, which is still risky as you are locked in and will face lots of defaults as soon as the economy dips a lot. Plus I believe the non-payments of the loans you provided go up as time goes on, nearly all debtors pay the first few months, then some stop paying, or delay then stop.

I lent 130k through lending club. See an annualized return of 11.5 pct thus far. Yes I understand due to later defaults the return pct will go down. On their website they clearly say that if you diversify your loans in 98% of cases people didn't lose money. https://www.lendingclub.com/public/d...ication.action

The average return is 6-9%