$$$ problems.

Old 12-17-2012, 09:32 AM
Admirals Club Admiral's Club Member
Thread Starter
Join Date: May 2010
Location: Hampstead N.C.
Posts: 867
Default $$$ problems.

If you had some just sitting idle what would you do?

Bury it in the yard, stock, mutual funds, raw land?

What are you doing to preserve and grow?
FloatinChecks is offline  
Old 12-17-2012, 09:34 AM
Senior Member
Join Date: Dec 2010
Location: Satellite Beach, FL
Posts: 10,597

Danny33486 is offline  
Old 12-17-2012, 09:41 AM
Admirals Club Admiral's Club Member
Join Date: Aug 2010
Location: New Hampshire
Posts: 5,099

Qb1rdman is offline  
Old 12-17-2012, 09:53 AM
Senior Member
Join Date: Jun 2011
Location: Folly Beach, SC
Posts: 1,807

I'm in a few stocks, bonds, mutual funds and ETFs. As of now, dividend/interest payout is roughly 5.8%. Moderate gains.
Trollin4Tuna is offline  
Old 12-17-2012, 09:57 AM
Senior MemberCaptains Club Member
Join Date: Jun 2002
Location: Long Island,NY
Posts: 11,974

I'd invest 95% on wine, women and song. I would probably just p#ss away the remaining 5% on junk I don't need.
SeaJay is offline  
Old 12-17-2012, 10:29 AM
Senior MemberCaptains Club Member
Join Date: Dec 2003
Location: Marblehead, Ohio
Posts: 9,783

not to steal Al's thunder but...hookers and blow?
Boataholic is offline  
Old 12-17-2012, 10:31 AM
Senior Member
Join Date: Aug 2004
Location: Texas, y'all.
Posts: 2,900

Preserve = mattress or underground safe
Grow = black jack table or stock market - your pick. Crap shoot either way
swifty is offline  
Old 12-17-2012, 10:45 AM
Admirals Club
Ronn Burgandy's Avatar
Join Date: Oct 2010
Location: Where the wild things are
Posts: 15,108

Depends on the amounts and where you are in life. If you're up there in age, and we're talking more than $1m, start doling it out to your loved ones to keep more of it away from the Feds. Estate tax cuts rising won't even be debated by the GOP.

If you're talking smaller amounts, or are younger, real estate isn't a bad bet right now, particularly something you can "non-vacation" rent. Plop down the 20%, get yourself a low assed rate, hire a management company, and start collecting $$ while your equity goes up. Lots of depressed markets to play around in right now.
Ronn Burgandy is offline  
Old 12-17-2012, 10:50 AM
Senior MemberCaptains Club Member
Join Date: Aug 2007
Location: Norfolk, Va
Posts: 9,260

My extra $$$ is in my credit union making 1%. I asked my UBS stockbroker a year ago if I should move that into the stock market and he told me to keep it in the bank, "it might not grow much but you wouldnt lose it".
CaptKennyW is offline  
Old 12-17-2012, 11:23 AM
Senior Member
Join Date: Sep 2012
Location: Long Island, New York
Posts: 3,059

How much ya yalking about... a mil or more ?
LongIslandFisherman is offline  
Old 12-17-2012, 11:25 AM
Senior MemberCaptains Club Member
Join Date: Mar 2003
Location: United States
Posts: 9,209

Anyone have a good investment company or broker? I am using Vanguard with small gains but nothing like 5-7%.
captbone is offline  
Old 12-17-2012, 01:58 PM
Senior MemberCaptains Club MemberPLEDGER
Join Date: Sep 2004
Location: Poquoson, VA
Posts: 4,235

silver and guns, older S&W's, Militaria 1911's, 15# of Blow and a 3" hole saw

Of my portfolio, I am believe I am well diversified:

30% of my assets : 50% of my remaining 401K in Vietnam Markets, 25% in Precious metals, 12% in muni's, 12% in random stuff I picked off of the investment sheet.

The balance of my 401K I lost due to 2008-current re-alignment I have replaced with an additional term life policy that is locked in for 30 years

15% of my assets: Cash on hand is that, cash on hand and possesed precious metals

25% Real estate

30% invested in two businesses

10,000 rounds of assorted ammunition and several tools to use it in.

and my address is 321 Usox Cox Lane


Last edited by Mardi-Gras; 12-17-2012 at 02:08 PM.
Mardi-Gras is offline  
Old 12-17-2012, 02:16 PM
Admirals ClubCaptains Club Member Admiral's Club Member
Join Date: Mar 2007
Location: Lighthouse Point
Posts: 5,080

I am a generally conservative investor. Set up an asset allocation, re-balance etc. with the majority of my portfolio say 75-80%. Make changes in allocation when things look bubbly (like the credit/bond market is now) and then use about 20% to take advantage of trends. I put about 10% in water related equities eight years ago and that has done real well and will continue to do so. With the amount of money printing going on worldwide bonds will be a bad investment over the next several years and reflation assets will be better. A major change is coming as the BOJ for the first time in 30 years will inflate. Japan is a very rich nation and the devaluation of the yen will cause a major shift to risk/reflation assets. The politicians however will make for a lot of volatility. Just need to understand that and take advantage of major moves in either direction.
joe.giuliano is offline  
Old 12-17-2012, 03:55 PM
Admirals Club Admiral's Club Member
snapperkid's Avatar
Join Date: Nov 2007
Location: Port Aransas, TX
Posts: 3,016

I have a bunch of MTGE. Well run REIT and pays like clockwork every quarter. I also have bunch of AT&T that pays a little less than 6%. Seagate pays well too so far and a good track record. A few other stocks to play with and the rest with GE Interest Plus.
snapperkid is offline  
Old 12-17-2012, 04:17 PM
Senior Member
Join Date: Dec 2011
Location: KDH, NC
Posts: 1,804

Personally I'd do physical metals (silver gained 15% in 2012 and gold did 9%), a good cheap hunk of land (100 acres or so of timber land near civilization) that you can improve, and put the rest into some good dividend stocks, tax sheltered of course, either in a Roth or 401...

Real estate rentals is really running now if you can swing the nut and deal with property management.

Or you can just go the hookers and blow method!
outerbanxer is offline  
Old 12-17-2012, 06:11 PM
Senior MemberCaptains Club Member
Snapper Head's Avatar
Join Date: Mar 2002
Location: Republic of West Florida - the ORIGINAL lone star state
Posts: 17,780

Originally Posted by Boataholic View Post
not to steal Al's thunder but...hookers and blow?
You bastid!

Big Al
Snapper Head is offline  
Old 12-17-2012, 06:34 PM
Senior Member
Join Date: Feb 2012
Location: SC
Posts: 2,243

Dividend paying, blue chip type stocks. Should net you a total return of at least 7%. Dividends alone will be 2.75 to 4.35% or more. As people move out of bonds...that bubble is next, cash will flock into equities. Specifically, dividend paying equities cause where else can a typical bond holder get a decent payment today? Dividends.
Welshtrustee is offline  
Old 12-17-2012, 06:40 PM
Senior MemberCaptains Club Member
Join Date: May 2005
Location: Saint Amant Louisiana
Posts: 3,024

Originally Posted by Qb1rdman View Post
interesting news.............
wdkerek is offline  
Old 12-17-2012, 08:34 PM
Admirals Club Admiral's Club Member
Join Date: Nov 2012
Posts: 2,872

Originally Posted by boataholic View Post
not to steal al's thunder but...hookers and blow and a boat?
ChicagoKeys is offline  
Old 12-17-2012, 08:35 PM
Admirals Club Admiral's Club Member
Join Date: Nov 2012
Posts: 2,872

Natural gas has probably bottomed out as a hold longer term...possibly
ChicagoKeys is offline  

Thread Tools
Search this Thread