What would you invest in?

Closed Thread
Thread Tools
  #136  
Old 03-04-2022, 05:47 PM
Boffin Boffin is offline
Senior Member
Join Date: Dec 2020
Posts: 259
Thanks: 30
Thanked 368 Times in 107 Posts
Default

Try putting a minor amount (<1%) in VanEck Russia ETF (RSX) to hold indefinitely and see what happens.
  #137  
Old 03-07-2022, 09:35 AM
manaboutown manaboutown is offline
Sage
Join Date: Aug 2009
Location: NJ, NM, SC, PA, DC, MD, VA, NY, CA, ID and finally FL.
Posts: 7,467
Thanks: 13,122
Thanked 4,684 Times in 1,783 Posts
Default

Well surprise, surprise! U.S. bank JPMorgan suggests clients buy distressed Russian bonds

But...Putin’s Ruble Workaround Still Leaves Bond Payments in Doubt
__________________
"No one is more hated than he who speaks the truth." Plato

“To argue with a person who has renounced the use of reason is like administering medicine to the dead.” Thomas Paine
  #138  
Old 03-07-2022, 11:36 AM
justjim justjim is offline
Sage
Join Date: Feb 2012
Location: Illinois, Tennesee, Florida, Village of Caroline, Sanibel, LaBelle
Posts: 5,689
Thanks: 61
Thanked 1,346 Times in 559 Posts
Default Annuities

Quote:
Originally Posted by Gigi3000 View Post
Don't trust annunities, especially since the fiduciary requirement was overturned in 2018. It now feels like a giant scam. However, thanks for your input
An annuity could be just the right thing to buy into depending on your situation and risk tolerance. To each his own…
__________________
Most people are as happy as they make up their mind to be. Abraham Lincoln
  #139  
Old 03-07-2022, 03:01 PM
Caymus Caymus is online now
Veteran member
Join Date: Mar 2019
Posts: 902
Thanks: 21
Thanked 848 Times in 395 Posts
Default

I wonder if they get higher commissions
  #140  
Old 03-07-2022, 03:03 PM
Stu from NYC Stu from NYC is offline
Sage
Join Date: Feb 2020
Posts: 13,093
Thanks: 1,181
Thanked 14,390 Times in 5,504 Posts
Default

Quote:
Originally Posted by justjim View Post
An annuity could be just the right thing to buy into depending on your situation and risk tolerance. To each his own…
Annuity salespeople have to put bread on the table.
  #141  
Old 03-07-2022, 07:19 PM
Gigi3000 Gigi3000 is offline
Senior Member
Join Date: Dec 2017
Posts: 273
Thanks: 760
Thanked 68 Times in 50 Posts
Default

Quote:
Originally Posted by Boffin View Post
Try putting a minor amount (<1%) in VanEck Russia ETF (RSX) to hold indefinitely and see what happens.
Can't.
  #142  
Old 03-07-2022, 08:58 PM
Coco01 Coco01 is offline
Junior Member
Join Date: Jan 2019
Posts: 2
Thanks: 1
Thanked 1 Time in 1 Post
Default

look into I bonds, you can only invest $10k per year, per person, but they are paying 7.12 % right now, will readjust in April most likely going over 8% good luck
  #143  
Old 03-07-2022, 10:51 PM
Gigi3000 Gigi3000 is offline
Senior Member
Join Date: Dec 2017
Posts: 273
Thanks: 760
Thanked 68 Times in 50 Posts
Default

Quote:
Originally Posted by Coco01 View Post
look into I bonds, you can only invest $10k per year, per person, but they are paying 7.12 % right now, will readjust in April most likely going over 8% good luck
Yeah, I want to do this but TreasuryDirect.gov doesn't have very good reviews.
  #144  
Old 03-08-2022, 08:11 AM
fgaba1949 fgaba1949 is offline
Member
Join Date: Mar 2021
Posts: 58
Thanks: 134
Thanked 74 Times in 33 Posts
Default I answered this 3 weeks ago ENERGY STOCKS LIKE DEVON and I hope you did

Quote:
Originally Posted by Gigi3000 View Post
I have $250,000 to invest for income. I'm 63, keeping lots of cash on hand, own my home, not working and have no income currently. My expenses are minimal, around $1800 month. What would you invest in? can play with $75000 in high risk, the rest medium risk.
A couple of weeks ago I mentioned a couple energy stocks as i think it was then and even more so now that oil related products were going to skyrocket in price.
Companies like Devon Exxon Chevron who just announced a 10 billion dollar stock buy back program are going to make a ton of money.
Simply put the major US oil companies have not drilling for new oil right now because of the present administrations policies regarding fossil fuel energy.
The problem is you just cant turn on these wells that have been shut down as the workers have moved on and most importantly their are very few truck drivers out there to transport the oil.
in an earlier post i predicted the price of a barrel of oil Brent would reach 110 i was wrong it has hit 123 I believe . I predicted gas at 4 bucks a gallon and i was wrong as the national average is much higher.
If the US stops buying Russian oil which i think they should i think the national average price of gas could go to $5 and maybe 8 bucks in part of California.
High gas prices all areas of transportation and we will see inflations like never before
  #145  
Old 03-08-2022, 08:27 AM
Caymus Caymus is online now
Veteran member
Join Date: Mar 2019
Posts: 902
Thanks: 21
Thanked 848 Times in 395 Posts
Default

Quote:
Originally Posted by Gigi3000 View Post
Yeah, I want to do this but TreasuryDirect.gov doesn't have very good reviews.
In what way? For a government site it is fine. I use it every month to buy T-Bills.
  #146  
Old 03-08-2022, 08:29 AM
mrf0151 mrf0151 is offline
Veteran member
Join Date: Aug 2021
Posts: 503
Thanks: 16
Thanked 402 Times in 176 Posts
Default

Quote:
Originally Posted by TNLAKEPANDA View Post
Real estate funds or possibly an Annuity fund. Talk to Parady Investiments… no pressure. See what they have to offer.
Parady, REALLY? NO WAY. Hidden fees. How do you think they pay for all their lavish promotions and their billboards all around TV.
  #147  
Old 03-08-2022, 09:16 AM
RICH1 RICH1 is offline
Gold member
Join Date: Sep 2011
Location: South
Posts: 1,308
Thanks: 3,309
Thanked 1,317 Times in 569 Posts
Default

Too late…. The world is coming to an end!
  #148  
Old 03-08-2022, 10:07 AM
Gigi3000 Gigi3000 is offline
Senior Member
Join Date: Dec 2017
Posts: 273
Thanks: 760
Thanked 68 Times in 50 Posts
Default

Quote:
Originally Posted by Caymus View Post
In what way? For a government site it is fine. I use it every month to buy T-Bills.
I'll take another look at it but it seemed to be asking weird questions to set up an account. Thanks!
  #149  
Old 03-08-2022, 10:10 AM
Gigi3000 Gigi3000 is offline
Senior Member
Join Date: Dec 2017
Posts: 273
Thanks: 760
Thanked 68 Times in 50 Posts
Default

Quote:
Originally Posted by fgaba1949 View Post
A couple of weeks ago I mentioned a couple energy stocks as i think it was then and even more so now that oil related products were going to skyrocket in price.
Companies like Devon Exxon Chevron who just announced a 10 billion dollar stock buy back program are going to make a ton of money.
Simply put the major US oil companies have not drilling for new oil right now because of the present administrations policies regarding fossil fuel energy.
The problem is you just cant turn on these wells that have been shut down as the workers have moved on and most importantly their are very few truck drivers out there to transport the oil.
in an earlier post i predicted the price of a barrel of oil Brent would reach 110 i was wrong it has hit 123 I believe . I predicted gas at 4 bucks a gallon and i was wrong as the national average is much higher.
If the US stops buying Russian oil which i think they should i think the national average price of gas could go to $5 and maybe 8 bucks in part of California.
High gas prices all areas of transportation and we will see inflations like never before
Is it too.late? I'm trying to get money into my brokerage account but should be there in a week
  #150  
Old 03-08-2022, 10:56 AM
Caymus Caymus is online now
Veteran member
Join Date: Mar 2019
Posts: 902
Thanks: 21
Thanked 848 Times in 395 Posts
Default

Quote:
Originally Posted by Gigi3000 View Post
I'll take another look at it but it seemed to be asking weird questions to set up an account. Thanks!
I don't remember that part. I registered years ago. Most finance related sites now use two factor authorization for access. Maybe that makes setup more complicated.
Closed Thread

Tags
invest, risk, income, $1800, expenses


You are viewing a new design of the TOTV site. Click here to revert to the old version.

All times are GMT -5. The time now is 09:50 AM.