Home Discord Chat
Go Back   ChiefsPlanet > Nzoner's Game Room

Reply
 
Thread Tools Display Modes
Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
Kind of a mod
 
DaFace's Avatar
 
Join Date: Aug 2005
Location: Donkey Land
Casino cash: $2336899
Investing megathread extravaganza

A place to talk about investing stuff.

Last edited by DaFace; 02-19-2021 at 06:35 PM..
Posts: 51,593
DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.
    Reply With Quote
Old 07-11-2019, 10:28 AM   #3031
Munson Munson is offline
Roy E.
 
Munson's Avatar
 

Join Date: Sep 2005
Location: Olathe, KS
Casino cash: $12269646
Costco (COST) has quietly had a great year.

In January it started around $200, and is currently at $276.
Posts: 22,654
Munson is obviously part of the inner Circle.Munson is obviously part of the inner Circle.Munson is obviously part of the inner Circle.Munson is obviously part of the inner Circle.Munson is obviously part of the inner Circle.Munson is obviously part of the inner Circle.Munson is obviously part of the inner Circle.Munson is obviously part of the inner Circle.Munson is obviously part of the inner Circle.Munson is obviously part of the inner Circle.Munson is obviously part of the inner Circle.
Thumbs Up 1 Thumbs Down 0     Reply With Quote
Old 07-11-2019, 01:19 PM   #3032
lewdog lewdog is offline
Mod Team
 
lewdog's Avatar
 

Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $2211900
Quote:
Originally Posted by Munson View Post
Costco (COST) has quietly had a great year.

In January it started around $200, and is currently at $276.
Yup. Was just looking at that recently. Missed another great company stock ****ing around looking for the small gold mine.

I’m done doing that shit!

Last edited by lewdog; 07-11-2019 at 01:29 PM..
Posts: 45,498
lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.
    Reply With Quote
Old 07-14-2019, 06:29 AM   #3033
BigRichard BigRichard is online now
Buddy Christ is a Chiefs fan
 
BigRichard's Avatar
 

Join Date: Nov 2008
Casino cash: $2199546
Once we have sold our house we will be sitting on a very large sum of money we plan on using for a down payment on our next house. This might happen in a month after we sell it or it could be six months after we sell it. Would you risk investing that for a short time? I hate having that much money just sitting there doing nothing but I also don't want to take the chance of a sudden collapse in the market either and lose a gigantic chunk. I know at one point I had found some index fund or stock or something that had a very small rate of return... like <3% or something like that but only lost like 2% in 2008. It was always going up basically just at a very low rate. I was thinking maybe something like that possibly but still on the fence.

What would you do if you had a huge chunk of change sitting around like that and knew you could need it sometime in the next six months?
__________________
"You know, they lay down with their ugly wives in front of their ugly children and just look at their loser lives and then they look at me and say, "I CAN'T PROCESS IT!" Well, no, and you never will. Stop trying. Just sit back and enjoy the show .... You know?"

Carlos Irwin Estevez
Posts: 10,307
BigRichard has enough rep power to blowy ou to bits.BigRichard has enough rep power to blowy ou to bits.BigRichard has enough rep power to blowy ou to bits.BigRichard has enough rep power to blowy ou to bits.BigRichard has enough rep power to blowy ou to bits.BigRichard has enough rep power to blowy ou to bits.BigRichard has enough rep power to blowy ou to bits.BigRichard has enough rep power to blowy ou to bits.BigRichard has enough rep power to blowy ou to bits.BigRichard has enough rep power to blowy ou to bits.BigRichard has enough rep power to blowy ou to bits.
    Reply With Quote
Old 07-14-2019, 06:44 AM   #3034
Hog's Gone Fishin Hog's Gone Fishin is offline
Fish are scared of me
 
Hog's Gone Fishin's Avatar
 

Join Date: Nov 2001
Casino cash: $2010477
Quote:
Originally Posted by BigRichard View Post
Once we have sold our house we will be sitting on a very large sum of money we plan on using for a down payment on our next house. This might happen in a month after we sell it or it could be six months after we sell it. Would you risk investing that for a short time? I hate having that much money just sitting there doing nothing but I also don't want to take the chance of a sudden collapse in the market either and lose a gigantic chunk. I know at one point I had found some index fund or stock or something that had a very small rate of return... like <3% or something like that but only lost like 2% in 2008. It was always going up basically just at a very low rate. I was thinking maybe something like that possibly but still on the fence.

What would you do if you had a huge chunk of change sitting around like that and knew you could need it sometime in the next six months?
I'd buy a boat.
Posts: 40,231
Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.
    Reply With Quote
Old 07-14-2019, 08:19 AM   #3035
DaFace DaFace is offline
Kind of a mod
 
DaFace's Avatar
 

Join Date: Aug 2005
Location: Donkey Land
Casino cash: $2336899
Quote:
Originally Posted by BigRichard View Post
Once we have sold our house we will be sitting on a very large sum of money we plan on using for a down payment on our next house. This might happen in a month after we sell it or it could be six months after we sell it. Would you risk investing that for a short time? I hate having that much money just sitting there doing nothing but I also don't want to take the chance of a sudden collapse in the market either and lose a gigantic chunk. I know at one point I had found some index fund or stock or something that had a very small rate of return... like <3% or something like that but only lost like 2% in 2008. It was always going up basically just at a very low rate. I was thinking maybe something like that possibly but still on the fence.

What would you do if you had a huge chunk of change sitting around like that and knew you could need it sometime in the next six months?
I'd probably do an online savings account and call it good. You don't want to mess with risking something going horribly wrong with a big downturn right when you need the money.
Posts: 51,593
DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.
    Reply With Quote
Old 07-14-2019, 08:53 AM   #3036
Buehler445 Buehler445 is online now
Supporter
 
Buehler445's Avatar
 

Join Date: Apr 2007
Location: Scott City KS
Casino cash: $2624734
Quote:
Originally Posted by BigRichard View Post
Once we have sold our house we will be sitting on a very large sum of money we plan on using for a down payment on our next house. This might happen in a month after we sell it or it could be six months after we sell it. Would you risk investing that for a short time? I hate having that much money just sitting there doing nothing but I also don't want to take the chance of a sudden collapse in the market either and lose a gigantic chunk. I know at one point I had found some index fund or stock or something that had a very small rate of return... like <3% or something like that but only lost like 2% in 2008. It was always going up basically just at a very low rate. I was thinking maybe something like that possibly but still on the fence.

What would you do if you had a huge chunk of change sitting around like that and knew you could need it sometime in the next six months?
I would not. Most certainly not. Find the highest interest bearing account and roll.

Might have to split it into 2 accounts. IIRC the FDIC limit is 150,000.
Posts: 56,529
Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.
    Reply With Quote
Old 07-14-2019, 09:01 AM   #3037
lewdog lewdog is offline
Mod Team
 
lewdog's Avatar
 

Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $2211900
Quote:
Originally Posted by BigRichard View Post
Once we have sold our house we will be sitting on a very large sum of money we plan on using for a down payment on our next house. This might happen in a month after we sell it or it could be six months after we sell it. Would you risk investing that for a short time? I hate having that much money just sitting there doing nothing but I also don't want to take the chance of a sudden collapse in the market either and lose a gigantic chunk. I know at one point I had found some index fund or stock or something that had a very small rate of return... like <3% or something like that but only lost like 2% in 2008. It was always going up basically just at a very low rate. I was thinking maybe something like that possibly but still on the fence.

What would you do if you had a huge chunk of change sitting around like that and knew you could need it sometime in the next six months?
You wouldn’t risk that in the market if you need it that soon.

No penalty CD through ally bank could work.
Posts: 45,498
lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.
    Reply With Quote
Old 07-14-2019, 09:37 AM   #3038
Great Expectations Great Expectations is offline
MVP
 
Great Expectations's Avatar
 

Join Date: Dec 2008
Location: Joplin, MO
Casino cash: $13982338
Quote:
Originally Posted by Buehler445 View Post
I would not. Most certainly not. Find the highest interest bearing account and roll.

Might have to split it into 2 accounts. IIRC the FDIC limit is 150,000.
$250k per social security numbers on the account, POD’s count.
__________________
http://chiefsplanet.com/BB/signaturepics/sigpic11348_1.gif
Posts: 7,200
Great Expectations is too fat/Omaha.Great Expectations is too fat/Omaha.Great Expectations is too fat/Omaha.Great Expectations is too fat/Omaha.Great Expectations is too fat/Omaha.Great Expectations is too fat/Omaha.Great Expectations is too fat/Omaha.Great Expectations is too fat/Omaha.Great Expectations is too fat/Omaha.Great Expectations is too fat/Omaha.Great Expectations is too fat/Omaha.
    Reply With Quote
Old 07-14-2019, 09:40 AM   #3039
Rain Man Rain Man is offline
NFL's #1 Ermines Fan
 
Rain Man's Avatar
 

Join Date: Jul 2001
Location: My house
Casino cash: $3628491
VARSITY
I agree with the others. Put it into a money market or other guaranteed vehicle. To do otherwise is essentially gambling on events you can't control.
__________________
I'm putting random letters here as a celebration of free speech: xigrakgrah misorojeq rkemeseit.
Posts: 141,020
Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.
    Reply With Quote
Old 07-14-2019, 09:42 AM   #3040
MahiMike MahiMike is offline
He's Mahomie!
 
MahiMike's Avatar
 

Join Date: Aug 2001
Location: Jax, FL
Casino cash: $10023443
Quote:
Originally Posted by arrowheadnation View Post
Thanks for the advice. I appreciate it. I just wanted to make sure he wasn't being taken for a ride by some commission hungry college grad working for Edward Jones. He's reluctant to go the annuity route because he feels some moral/paternal obligation to "leave me something" when he's gone (I'm an only child). I keep telling him not to worry about it because I have a 401k and a pension, but he's old fashioned. I just want him to be able to be comfortable aka pay his bills & have a little left over for recreation/fun/travel/etc.
Tell him to avoid Annuities at all costs. And the guy that suggested that to him? RUN! He'll make more out of the deal than your dad.
__________________
99.9%
Posts: 17,387
MahiMike is obviously part of the inner Circle.MahiMike is obviously part of the inner Circle.MahiMike is obviously part of the inner Circle.MahiMike is obviously part of the inner Circle.MahiMike is obviously part of the inner Circle.MahiMike is obviously part of the inner Circle.MahiMike is obviously part of the inner Circle.MahiMike is obviously part of the inner Circle.MahiMike is obviously part of the inner Circle.MahiMike is obviously part of the inner Circle.MahiMike is obviously part of the inner Circle.
    Reply With Quote
Old 07-14-2019, 09:47 AM   #3041
MahiMike MahiMike is offline
He's Mahomie!
 
MahiMike's Avatar
 

Join Date: Aug 2001
Location: Jax, FL
Casino cash: $10023443
Quote:
Originally Posted by BigRichard View Post
Once we have sold our house we will be sitting on a very large sum of money we plan on using for a down payment on our next house. This might happen in a month after we sell it or it could be six months after we sell it. Would you risk investing that for a short time? I hate having that much money just sitting there doing nothing but I also don't want to take the chance of a sudden collapse in the market either and lose a gigantic chunk. I know at one point I had found some index fund or stock or something that had a very small rate of return... like <3% or something like that but only lost like 2% in 2008. It was always going up basically just at a very low rate. I was thinking maybe something like that possibly but still on the fence.

What would you do if you had a huge chunk of change sitting around like that and knew you could need it sometime in the next six months?
I was in the same boat and picked these 3 options:

1 - CD
2- https://fundrise.com/
3 - Gold

The fundrise REIT I'd highly recommend. I'm averaging 7.5% on it so far. I'm a landlord and this is the easiest way to make money in real estate I can think of.
__________________
99.9%
Posts: 17,387
MahiMike is obviously part of the inner Circle.MahiMike is obviously part of the inner Circle.MahiMike is obviously part of the inner Circle.MahiMike is obviously part of the inner Circle.MahiMike is obviously part of the inner Circle.MahiMike is obviously part of the inner Circle.MahiMike is obviously part of the inner Circle.MahiMike is obviously part of the inner Circle.MahiMike is obviously part of the inner Circle.MahiMike is obviously part of the inner Circle.MahiMike is obviously part of the inner Circle.
    Reply With Quote
Old 07-14-2019, 09:55 AM   #3042
Buehler445 Buehler445 is online now
Supporter
 
Buehler445's Avatar
 

Join Date: Apr 2007
Location: Scott City KS
Casino cash: $2624734
Quote:
Originally Posted by Great Expectations View Post
$250k per social security numbers on the account, POD’s count.
Right on. I stand corrected.
Posts: 56,529
Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.
    Reply With Quote
Old 07-14-2019, 10:01 AM   #3043
eDave eDave is offline
Banned
 

Join Date: Jan 2013
Casino cash: $9998560
Bitcoin will drop to $8Kish. Then you buy.
Posts: 53,803
eDave is obviously part of the inner Circle.eDave is obviously part of the inner Circle.eDave is obviously part of the inner Circle.eDave is obviously part of the inner Circle.eDave is obviously part of the inner Circle.eDave is obviously part of the inner Circle.eDave is obviously part of the inner Circle.eDave is obviously part of the inner Circle.eDave is obviously part of the inner Circle.eDave is obviously part of the inner Circle.eDave is obviously part of the inner Circle.
    Reply With Quote
Old 07-14-2019, 10:51 AM   #3044
BigRichard BigRichard is online now
Buddy Christ is a Chiefs fan
 
BigRichard's Avatar
 

Join Date: Nov 2008
Casino cash: $2199546
I found a money market account with 2.50% interest. I will look into those.
__________________
"You know, they lay down with their ugly wives in front of their ugly children and just look at their loser lives and then they look at me and say, "I CAN'T PROCESS IT!" Well, no, and you never will. Stop trying. Just sit back and enjoy the show .... You know?"

Carlos Irwin Estevez
Posts: 10,307
BigRichard has enough rep power to blowy ou to bits.BigRichard has enough rep power to blowy ou to bits.BigRichard has enough rep power to blowy ou to bits.BigRichard has enough rep power to blowy ou to bits.BigRichard has enough rep power to blowy ou to bits.BigRichard has enough rep power to blowy ou to bits.BigRichard has enough rep power to blowy ou to bits.BigRichard has enough rep power to blowy ou to bits.BigRichard has enough rep power to blowy ou to bits.BigRichard has enough rep power to blowy ou to bits.BigRichard has enough rep power to blowy ou to bits.
Thumbs Up 1 Thumbs Down 0     Reply With Quote
Old 07-14-2019, 02:10 PM   #3045
lewdog lewdog is offline
Mod Team
 
lewdog's Avatar
 

Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $2211900
Quote:
Originally Posted by BigRichard View Post
I found a money market account with 2.50% interest. I will look into those.
That right there is perfect. Decent rate too.
Posts: 45,498
lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.
    Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump




All times are GMT -6. The time now is 03:22 PM.


This is a test for a client's site.
Fort Worth Texas Process Servers
Covering Arlington, Fort Worth, Grand Prairie and surrounding communities.
Tarrant County, Texas and Johnson County, Texas.
Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2024, vBulletin Solutions, Inc.