How would you invest $300,000?

[Newell Steamer]

Buy an apartment.

 

[vshah]

index funds & not worry about it.

 

[DigDog]

investment - no idea. but i would start a business, probably food. or one of those cash&carry warehouses, they move a ton of money with little effort.

 

[alkemyst]

I'd divvy it up into 15ish different index funds 85/15 stock to bond split. No more than 15% in sector specific funds.

15 index funds?!?!

 

[Carson Dyle]

I'd sit around the house in my dirty underwear while daytrading and necroing four year old off topic threads on tech forums. Then I'd force myself to leave the house once a week to buy more beer and get a couple of cheap sammiches at Subway.

It's the ATOT way.

 

[alkemyst]

I'd sit around the house in my dirty underwear while daytrading and necroing four year old off topic threads on tech forums. Then I'd force myself to leave the house once a week to buy more beer and get a couple of cheap sammiches at Subway.

It's the ATOT way.

So outside the day trading, nothing would change?

 

[Data-Medics]

Right now, I'd invest it in real estate which I'd rent out. The rents would pay me for now, and when the next mortgage bubble comes, you can cash out.

 

[yllus]

60% index funds, 40% bonds, let it just make money and don't pretend to understand finance.

 

[Belegost]

Why the hell was this bumped again?

If the op was smart he bought into index funds in 09 and made a killing.

Today I would probably mix it up with REITs, nice stable returns.

 

[Carson Dyle]

So outside the day trading, nothing would change?

I thought you claimed you had a day job?

 

[swanysto]

I would buy as many Cash Checking places as I could with 300k. I have seen thousands of those things, and I have never seen one go out of business. You are basically trading money, for slightly higher amounts of money.

 

[AznAnarchy99]

On a single hand of blackjack at the Encore in Vegas.

 

[John Connor]

I have no idea. I would invest in a financial planner. But first I would buy the USC cheerleaders and hump like no tomorrow. LMAO!

 

[Muse]

5 year necro bumped, on purpose?

Hey, 300k is still 300k. OK, maybe it's now 350k... It's just as much a very valid and important question today as it was 5 years ago. It deserves to be seen, in what people had to say then and in what they have to say now. Maybe not so much the flippant replies so much as the thoughtful serious ones, though.

 

[Red Squirrel]

Pay off the house, then probably split the rest in half, one half in some kind of GIC investment account and the rest in just a regular savings account to act as emergency/spending money. I'd probably end up finishing a few projects around the house with some of it. Not exactly an investment, but I guess I could argue that it would add value to the house.

 

[Subyman]

I would have put it in Alibaba 3 weeks ago.

 

[Imp]

50% preferred fund, 25% index fund, 20% eff around stock gambling, 5% cash.

 

[DaveSimmons]

More stock index mutual fund / ETF shares, to buy and hold forever. Zero effort and only a couple of numbers to paste into my tax software at the end of the year.

 

[schmuckley]

Land @ a good price.
blow and hookers,in that order..eh forget that..is illegal.
AMD.
I hate to say it but: annuities for about 1/3.

 

[rasczak]

$300,000 dollars worth of powerball tickets next time it goes over $250 mil.

 

[stormkroe]

Build a triplex apartment building, collect $3300/month (increasing), take a loan against triplex to build 10-plex, wait for some r.o.i. (@$14,300/month), rinse, repeat.

 

[Red Squirrel]

Build a triplex apartment building, collect $3300/month (increasing), take a loan against triplex to build 10-plex, wait for some r.o.i. (@$14,300/month), rinse, repeat.

Was thinking that too actually. There's a serious housing shortage here, bet those apartments would fill fast. Downside is it's a gamble what kind of tenant you get, and the laws always side with the tenant. They can stop paying you and you can't even kick them out.

 

[John Connor]

Yeah, renting out places is and can be a disadvantage. There's up keep and the tenants. If I was loaded I'd build a hotel/casino.

 

[stormkroe]

Was thinking that too actually. There's a serious housing shortage here, bet those apartments would fill fast. Downside is it's a gamble what kind of tenant you get, and the laws always side with the tenant. They can stop paying you and you can't even kick them out.

It's a landlord's market right now, with such demand you have your pick of whatever tenant you want. Also, there are ways to deal with non-payers other than internet tough-guy innuendos. Pick a small town, they have WAY less anonymity and tenants are more likely to behave. You'd probably be surprised at some of the high station clients you get, franchisers often need a place away from home, but close to one of their stores/restaurants.

 

[sportage]

I sure a hell would not put it in the market, now that republicans are about to take over... again.