If you won a million dollars ....

[YogsVR4]

I used to post more, but the politics usually pushed the threads off the front page.

Yup - Apple was a good call. My wife bought a thousand shares or so several months ago and its paid off nicely.

As for what I invest in - just about everything. I try to keep enough in savings that my wife and I can go a couple years without having to work or dip into any investment accounts. We keep a slush fund for speculative investments (like those Apple stocks) that we'd be dissapointed to lose, but has no bearing on the long term plans for retirement. Our retirement accounts (SEP, 401Ks and handful of Brokerage accounts) are built for aggressive growth since we are still a few decades from retirement. A wide veriety of choices in there.

If anyone is thinking about getting into the market - READ READ READ! Read up on the companies history. Read reviews about the company. Pay close attention to any turnover in management. Read about their long term plans. Read up any litigation they are in. Read up on any government interaction with them (any government in the world). Investing into a single stock is like gambling. Don't put in more then you're willing to lose.

Diversify. Almost all major banks have retirement calculators. Use them. See where you are at or what you need to do to get where you want to be. http://www.principal.com/retirement/ind/index.htm After that, money saved is gravey to do as you see fit. Some invest in commodities that lose value. While I've bought my fair share of cars, we generally don't buy many things that lose value (beyond necessities). We want to be retired and travelling the world before we're sixty.

[ridestreet84]

great info yogs will keep it in mind. what would i do if i had a million to blow, house, big ole garage im talking like 20 car and r34 skyline then bank

[crayzayjay]

Originally Posted by YogsVR4

If anyone is thinking about getting into the market - READ READ READ! Read up on the companies history. Read reviews about the company. Pay close attention to any turnover in management. Read about their long term plans. Read up any litigation they are in. Read up on any government interaction with them (any government in the world). Investing into a single stock is like gambling. Don't put in more then you're willing to lose.

Sage advice. And remember noobs, distinguish between a company's fundamentals (growth prospects, strategy, management etc) and valuation. A very good company can be a very bad investment


Good luck to everyone in making a million. Except to Yogs - doesnt sound like he needs it

[TexasF355F1]

Originally Posted by YogsVR4

I'm not sure what you mean by asset class.... I work full time and while I make more then the median income, I'm not in the top tax bracket by any means. My wife and I are just really good at saving money and I'm really good at predicting market trends and spotting good investments. If anyone paid attention to the things I've suggested as investments and sold when I said it was a good idea - everyoneone would have (at minimum) trippled whatever they committed.

I may be little more then a software developer, but I'm cocky enough to know I'm good at other things too.

HAHAHA. I invest too and have more money than any typical college student should. One of my stocks pays for schooling. I'm a little different than you are Yogs. I invest in the long-term, minimum probably 20-30 years also depending on the economy in the near to far future.

Also, just saving your money in general. Dont just cash every check, put at least 10% of it in a savings account. Vary that number depending on your after bills and expenses income and how much spending money you typically need and try and reduce it.

[SeXy_AnGeL]

Originally Posted by ghostguy6

My G/F, her whole family and I are going to Hawaii!!!

are you sure you'd want to take her family?

as for me....I'd give quite a bit to charity and then I dunno what I'd do with the rest.

[solaris=amazing]

The first thing i would do, is cover myself in peanut butter and have a 15 hooker gangbang..

Then, i'd buy a decent sized house (not to expensive) with a big yard and garage. Get an 05 srt4 with stage 3 mopar turbo, an srt10 dodge ram, and a new C6 vette..

Then, i'd have to figure out where to invest my money to make it last a long time. lets say after buying all this crap (tv's/electronics/cars/house/15 hookers etc) you have like 300K, thats still ALOT of money to live on, you can make that last 20-30 tears or more if properly invested..

[solaris=amazing]

Oh, as far as charity goes, nah, sorry..i'll keep this paper for myself. Our govt should take care of all that charity crap, seriously, they MAKE money, incase yall forgot.

It's so funny how they'll spend 10 billion $$ on some stupid satelite, yet not END poverty in the united states..

A while back, when ODB was on TRL, a women called up and asked him how is he gonna help out his community being that he is now famous..

ODB replies "aha..nothing, they didn't help me"..

If anything, i would help out wounded animals before humans, for gods sake at least humans HAVE the ability to help themselves.

[tonioseven]

I'd by my wife a car, pay fo rmy kids' education, get a new house, and bank the rest; if the was any left.

[Steel]

I'd pay yogs 15% of any earnigs i make provided he does all the investing work for me.

[imtheoneandonlyD]

i would pay off all my bills along with my grandparents. Then i would buy a nice house and 1-2 nice cars and live there for the rest of my life.

[clawhammer]

Yogs, please post any other good investments as they come along. I would be interested in investing some.

[dugie6551]

Originally Posted by solaris=amazing

The first thing i would do, is cover myself in peanut butter and have a 15 hooker gangbang..

DAMN, I've been doing it all wrong ... I've been paying money for a hooker; when all I had to do is get some peanut butter and put it on my body. Grocery store here I come!!

What brand do they prefer ?

[solaris=amazing]

Lol dugie, i stole that from the movie SAW.

[HighOctaneNOSUser]

Nah man, I read somewhere that Reese's peanut butter has some sort of Hormone. It'd probably wokr best. If not, just good ole Safeway brand...

[TexasF355F1]

With as many people as it seems are interested in investing, I would think there would be more threads about it in the politics and investments forum.