How to invest $100,000.00
- Thread starter rembrandt
- Start date
racy
Full time employment: Posting here.
- Joined
- May 25, 2007
- Messages
- 883
My advice: take $50 and buy a couple of investment books. Don't do anything with the remaining $99,950 until you educate yourself. Mike Piper writes some easy to understand books: Mike Piper - Bogleheads
Also, I like the Bogleheads who follow the principles of Jack Bogle, founder of Vanguard Mutual Fund Company. Category:Getting started - Bogleheads
Also, I like the Bogleheads who follow the principles of Jack Bogle, founder of Vanguard Mutual Fund Company. Category:Getting started - Bogleheads
Which do you want, highest return or lowest risk of loss? You're not going to get both.
rbmrtn
Thinks s/he gets paid by the post
Barclays bank online savings account @ 1% interest until you figure out what you want.
ERD50
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Don't forget loss of buying power - inflation. If your investment does not keep up with inflation, you did have a loss.
-ERD50
+1. Maybe even buy a short-term CD to discourage you from doing anything too hasty while reading/learning.
Tyro
It would not be a mistake at all if you took a year to learn about mutual funds, ETF's and and risk tolerance. It's not hard (I did it and I'm no genius) but it does take some effort. Stay away from brokers and salesmen. No one cares more about your portfolio than you.
obgyn65
Thinks s/he gets paid by the post
May I ask how old you are ? My answer to your question will change if you are say in your 20s or 70s for example.
Last edited:
I will be 50 this month. The money has been in a GNMA fund the last 6 months. Every month, the principal has gone down and the dividends almost make up for that. This month is the first month that I have my "original investment" back. I think I might take it out of the GNMA fund and put it into an online savings account until the investment climate becomes clearer. Any comments!
REWahoo
Give me a museum and I'll fill it. (Picasso) Give
Might be time to start looking for a full-time job.
REWahoo
Give me a museum and I'll fill it. (Picasso) Give
J-O-B, where you work for an income. I say that based on these posts from last year:
If what was generating half your retirement income is now generating next to nothing, you'll need a job to prevent depleting your nest egg. It appears you don't have nearly enough saved to invest ultra-conservatively, live off the income and make it last until SS kicks in.
A job is the answer.
rbmrtn
Thinks s/he gets paid by the post
A job is the answer.
Based the additional information presented, that would be the unfortunate conclusion .
REWahoo
Give me a museum and I'll fill it. (Picasso) Give
I know I didn't paint a very pretty picture, but then I'm no Rembrandt...
Bikerdude
Thinks s/he gets paid by the post
- Joined
- Jul 4, 2006
- Messages
- 1,901
Fidelity's GNMA fund is where my most conservative, non-cash, dollars reside. It varies very little. If you don't like that, and who knows what the future will bring to GNMA's, then you're looking at online savings accounts or CD's.
If you really need this to work for you, you might also look at an immediate annuity as a longer term solution. Easier on your nerves.
If you really need this to work for you, you might also look at an immediate annuity as a longer term solution. Easier on your nerves.
obgyn65
Thinks s/he gets paid by the post
I was going to write something along the same lines. Maybe $50k in CDs and $50k in SPIAs?
Last edited:
Huston55
Thinks s/he gets paid by the post
I know I didn't paint a very pretty picture, but then I'm no Rembrandt...
More like Munch!
File:The Scream.jpg - Wikipedia, the free encyclopedia
Accidental Retiree
Thinks s/he gets paid by the post
- Joined
- Feb 17, 2012
- Messages
- 1,500
Accidental Retiree
Thinks s/he gets paid by the post
- Joined
- Feb 17, 2012
- Messages
- 1,500
Where is "psssssst, Wellesley"?
Based on what some people discuss here -- and being a Vanguard newbie myself -- DH and I have dipped our toes into Wellesley and continue to consolidate our holdings and reassess our AA.
I have bought those books and done a lot of reading there and here, too, but I always find that when it comes to finances, it helps me a LOT to just buy some of what I'm thinking about and see how it behaves and how we feel about how it behaves. I also like to see the tax ramifications, especially now that I pay more attention to such things.
(When we w*rked, we just made it, saved it, spent it, and didn't do much planning with taxes.)
We still have a lot of holdings in CDs, but we're branching out a bit.
Such an approach might work for OP.
Based on what some people discuss here -- and being a Vanguard newbie myself -- DH and I have dipped our toes into Wellesley and continue to consolidate our holdings and reassess our AA.
I have bought those books and done a lot of reading there and here, too, but I always find that when it comes to finances, it helps me a LOT to just buy some of what I'm thinking about and see how it behaves and how we feel about how it behaves. I also like to see the tax ramifications, especially now that I pay more attention to such things.
(When we w*rked, we just made it, saved it, spent it, and didn't do much planning with taxes.)
We still have a lot of holdings in CDs, but we're branching out a bit.
Such an approach might work for OP.
Yes, I'd hate to put everything into monthly income.
If GNMA's seem scary, I don't think Wellesley is going to seem any better. But maybe a good place to dip a little toe into and try to outpace inflation.
i make no guarantees-but.
i have researched troweprice lifestyle funds. i have the 2020.
prices philosophy is the greatest danger to retirees is running out of money.
they keep their lifestyle funds in a higher percentage of stocks than other fund managers.
they also reduce the rate of stocks at a slower rate than other funds after
it reaches the date.
is it guaranteed-of course not-but it has an excellent track record.
you can buy government securities at treasurydirect. they are guaranteed.
i have researched troweprice lifestyle funds. i have the 2020.
prices philosophy is the greatest danger to retirees is running out of money.
they keep their lifestyle funds in a higher percentage of stocks than other fund managers.
they also reduce the rate of stocks at a slower rate than other funds after
it reaches the date.
is it guaranteed-of course not-but it has an excellent track record.
you can buy government securities at treasurydirect. they are guaranteed.
how significant portion is 100,000. how old are you. are you still working. need more info
Similar threads
