So if you had $70,000 to invest what would you do?

[pcnerd37]

invest $70,000..... Screw that, getting a Porsche would be alot more fun 😀

 

[Aztech]

Hey, this is a bit off topic but what if someone had more money to invest...say $250,000? Does that open up any safe investments with better yields than the online savings accounts?

 

[PAB]

Originally posted by: Aztech
Hey, this is a bit off topic but what if someone had more money to invest...say $250,000? Does that open up any safe investments with better yields than the online savings accounts?

Municipal bond funds, private equity management, etc.

When you've got $250k - most of the time the goal is either growth or capital preservation. If you are in growth, you can hire a private money manager to run things.

 

[TheNinja]

My two options

50k in 5.05% savings
10k in VFINX
5k in JAOSX
5k in RYVPX

OR a more risky mix

40k in 5.05% savings
10k in VFINX
10k in JAOSX
10k in RYVPX

 

[DaveSimmons]

I'd put at least 11K into VFINX so any minor fluctuations won't put you below the 10K minimum needed to avoid low balance fees.

 

[JS80]

Originally posted by: PAB

Originally posted by: Aztech
Hey, this is a bit off topic but what if someone had more money to invest...say $250,000? Does that open up any safe investments with better yields than the online savings accounts?

Municipal bond funds, private equity management, etc.

When you've got $250k - most of the time the goal is either growth or capital preservation. If you are in growth, you can hire a private money manager to run things.

$250k is peanuts to most money managers. Good luck getting a PE shop to accept your pittance :roll:

 

[JS80]

Originally posted by: TheNinja
My two options

50k in 5.05% savings
10k in VFINX
5k in JAOSX
5k in RYVPX

OR a more risky mix

40k in 5.05% savings
10k in VFINX
10k in JAOSX
10k in RYVPX

Why are you picking 3 mutual funds? Just buy SPY and VBK.

 

[Descartes]

Originally posted by: PAB

Originally posted by: Aztech
Hey, this is a bit off topic but what if someone had more money to invest...say $250,000? Does that open up any safe investments with better yields than the online savings accounts?

Municipal bond funds, private equity management, etc.

When you've got $250k - most of the time the goal is either growth or capital preservation. If you are in growth, you can hire a private money manager to run things.

For $250k? Not likely.

 

[Descartes]

Originally posted by: JS80

Originally posted by: PAB

Originally posted by: Aztech
Hey, this is a bit off topic but what if someone had more money to invest...say $250,000? Does that open up any safe investments with better yields than the online savings accounts?

Municipal bond funds, private equity management, etc.

When you've got $250k - most of the time the goal is either growth or capital preservation. If you are in growth, you can hire a private money manager to run things.

$250k is peanuts to most money managers. Good luck getting a PE shop to accept your pittance :roll:

Some of the better firms will take a $250k account, but they throw junior people on it. They also don't advertise, so you'd likely have to ask them. The lowest I've seen for most firms is $500k, and even then that's really low for major firms.

 

[ebaycj]

Originally posted by: TheNinja
Here's the situation:

I decided not to buy in California right now. The market in my area is far too risky, -7% last year, I'd be getting an Interest only loan, and might only be around 3-5 years. So what should I do with my $70,000? I want to keep around 20k in my savings, which I get a guarenteed 5.05% return. What should I do with the rest? I'm not a big stock picker guy. I'm thinking of splitting 3-4 ways but into what? I always hear about Index funds that get an average of 6-10%. I'm looking for medium to medium-low risk.

<-- Investing N00b


edit: err bonds, not bongs 🙂


edit: sort of have it narrowed down to 2 options

My two options

50k in 5.05% savings
10k in VFINX
5k in JAOSX
5k in RYVPX

OR a more risky mix

40k in 5.05% savings
10k in VFINX
10k in JAOSX
10k in RYVPX

25K in 5.27% savings (grand yield direct)
15k in VFINX
15k in JAOSX
15k in RYVPX

 

[marulee]

would start a small business next day after borrowing more from the bank. 200K in total should be a good start.

 

[iversonyin]

Originally posted by: Descartes

Originally posted by: PAB

Originally posted by: Aztech
Hey, this is a bit off topic but what if someone had more money to invest...say $250,000? Does that open up any safe investments with better yields than the online savings accounts?

Municipal bond funds, private equity management, etc.

When you've got $250k - most of the time the goal is either growth or capital preservation. If you are in growth, you can hire a private money manager to run things.

For $250k? Not likely.

You can put that to a bigger pool of hedge fund or private equity or fund of funds. If you willing to pay up, fund of funds is pretty good.

 

[JS80]

Originally posted by: iversonyin

Originally posted by: Descartes

Originally posted by: PAB

Originally posted by: Aztech
Hey, this is a bit off topic but what if someone had more money to invest...say $250,000? Does that open up any safe investments with better yields than the online savings accounts?

Municipal bond funds, private equity management, etc.

When you've got $250k - most of the time the goal is either growth or capital preservation. If you are in growth, you can hire a private money manager to run things.

For $250k? Not likely.

You can put that to a bigger pool of hedge fund or private equity or fund of funds. If you willing to pay up, fund of funds is pretty good.

I hate the whole concept of fund of funds i.e. paying a manager to invest in a fund that pays it's manager (paying fees 2x diminishing your return). But I guess if you really want to get in on hedge fund action you have no choice.

 

[JS80]

Originally posted by: Descartes

Originally posted by: JS80

Originally posted by: PAB

Originally posted by: Aztech
Hey, this is a bit off topic but what if someone had more money to invest...say $250,000? Does that open up any safe investments with better yields than the online savings accounts?

Municipal bond funds, private equity management, etc.

When you've got $250k - most of the time the goal is either growth or capital preservation. If you are in growth, you can hire a private money manager to run things.

$250k is peanuts to most money managers. Good luck getting a PE shop to accept your pittance :roll:

Some of the better firms will take a $250k account, but they throw junior people on it. They also don't advertise, so you'd likely have to ask them. The lowest I've seen for most firms is $500k, and even then that's really low for major firms.

There are PE shops that take $250k? I used to work for a PE/Hedge fund and their minimum was $1 mil with income + asset requirements and they were very strict on it. A-Rod was a client 😛

 

[iversonyin]

Originally posted by: JS80

Originally posted by: iversonyin

Originally posted by: Descartes

Originally posted by: PAB

Originally posted by: Aztech
Hey, this is a bit off topic but what if someone had more money to invest...say $250,000? Does that open up any safe investments with better yields than the online savings accounts?

Municipal bond funds, private equity management, etc.

When you've got $250k - most of the time the goal is either growth or capital preservation. If you are in growth, you can hire a private money manager to run things.

For $250k? Not likely.

You can put that to a bigger pool of hedge fund or private equity or fund of funds. If you willing to pay up, fund of funds is pretty good.

I hate the whole concept of fund of funds i.e. paying a manager to invest in a fund that pays it's manager (paying fees 2x diminishing your return). But I guess if you really want to get in on hedge fund action you have no choice.

Good way to diversify amount hedge funds...you don't want your whole quarter mil on firm like Amaranth. Do you? 😀

 

[theeedude]

I would invest half of it in low risk mutual funds and take the other half over to my friend Asadulah who works in securities 😉

 

[yuchai]

I would look into this

 

[JS80]

Originally posted by: iversonyin

Originally posted by: JS80

Originally posted by: iversonyin

Originally posted by: Descartes

Originally posted by: PAB

Originally posted by: Aztech
Hey, this is a bit off topic but what if someone had more money to invest...say $250,000? Does that open up any safe investments with better yields than the online savings accounts?

Municipal bond funds, private equity management, etc.

When you've got $250k - most of the time the goal is either growth or capital preservation. If you are in growth, you can hire a private money manager to run things.

For $250k? Not likely.

You can put that to a bigger pool of hedge fund or private equity or fund of funds. If you willing to pay up, fund of funds is pretty good.

I hate the whole concept of fund of funds i.e. paying a manager to invest in a fund that pays it's manager (paying fees 2x diminishing your return). But I guess if you really want to get in on hedge fund action you have no choice.

Good way to diversify amount hedge funds...you don't want your whole quarter mil on firm like Amaranth. Do you? 😀

hehe touche

 

[TheNinja]

Originally posted by: yuchai
I would look into this

thanks - that 5 fund one looks decent to me. I can keep track of 11, 9, or even 7.

 

[IceBergSLiM]

a rental property. this is a no brainer. duh.

 

[b0mbrman]

First $x - Pay down high interest credit card debt
Next $6k - Liquid emergency fund (Savings or Money Market)
Next $y - 401(k) to company match
Next $4k - Roth IRA
Remaining $x - Low-fee index funds in taxable account

 

[TheNinja]

Originally posted by: b0mbrman
First $x - Pay down high interest credit card debt
Next $6k - Liquid emergency fund (Savings or Money Market)
Next $y - 401(k) to company match
Next $4k - Roth IRA
Remaining $x - Low-fee index funds in taxable account

No credit card debt

Will keep around $30k in 5% Savings/Checking account for bills/emergencies ($30k doesn't get you far in California)

Company matches 6% to my 401k, I'm putting in 6%

No Roth IRA 🙁 - I should probably do that with $4k of the money

Looking at various Vanguard funds at the moment. Probably do a total market, a total foreign market, and possibly a small cap growth fund. I'm not very familiar with the prices structures of these funds though.