The "I have XX money to invest, where should I put it?" Thread

super easy to do.
DLR and DLR.U

done it a few times over the past week. upset i didn't know about it for the past 20 years.

I believe you will be subject to taxes and penalty if you distribute early, is there another option for paying off the $2,000? Doing traditional makes sense. Schwab, Fidelity, and Vanguard are all fine options. Personally, I prefer to have as few brokerage relationships as possible, so I house everything at one (Schwab).

Hey guys, hope you're all well.

Country I live in: UK
Income: $2-$8k a month
Risk tolerance: Very high
Debt: $0
Monthly expenses: $1-1.75k

I have recently got into investing and am doing quite well so far (as are most people in this bull market).

I don't own any property and my only assets are my investments. I keep my poker bankroll separate from my investments and every day bank account. I withdraw from my poker bankroll every month to cover my expenses and aim to keep increasing my bankroll over time. When I have a good month I add more into my investments, which I can do most months.

When I first started off I invested mainly into the S&P 500 and a global index on vanguard. These provided reasonable returns. But I have since become more aggressive and gradually started buying more individual stocks. After learning more I have realized keeping a lot of capital in fiat is kinda stupid, as it devalues a lot over time. After learning more about cryptocurrency and bitcoin I have decided bitcoin is a good long term investment. Because I am from the UK I cannot invest in spot bitcoin ETFs because our country is backwards and still in the feudal age. I am nervous about holding physical bitcoin and it seems stressful have a hardware wallet and then having to hide your seed phase somewhere, stamping it onto metal and hiding it it the walls or something. So I did more research and the common consensus seems to be to gain bitcoin exposure in the UK the best option is to buy microstrategy.

This is what my portfolio currently looks like:

Microstrategy 50% - average share price $378 - currently up 39.4% on my investment
ASTS 25% - average share price $25.09 - currently down 4.8% on my investment
S&P 500 25% - up obviously, recently took some out to put into microstrategy

I feel like asts is a great investment. When they get their stuff up into space and get that full coverage I would like to think the share price could go as high as $200 a share.

What do you guys think? Am I crazy? My plan is to keep going and when adding to my portfolio 50% microstrategy, 25% asts and 25% s&p500. The s&p500 is kinda like a safety net I guess.

I appreciate all insight or opinions.

Thanks.

Yes

Hey guys hope I can get some help if someone have similar situation. I have 90kish 401k which I had to transfer from Vanguard once they exited individual 401k market. Decided to go with E trade since they me take out a loan from it. and one month in, after back and forth asking where my money comes from and giving them my taxes document and telling them I get pay in BTC from poker site etc. They decided to shut down my account. Sort of bad timing since I took out 40k loan from them and use it to pay down debt. But first where should I migrant to if I don't want to get shut down again?

Chokepoint 2.0 should end in a few months. In the mean time, any association with crypto makes banking difficult.

I like MSCI ACWI IMI.

I am an extremely novice investor that was largely just uniformed. Last year I moved some money from poker and other winnings into a financial account. This was tied into my family but my own personal account. In other words the family had used this financial corporation for investing.

The split was ~$200K in a money market account making 4% and like $25K in an Invesco S&P index fund. There was a financial advisor assigned and he keeps pitching me to get everything into bonds. He put me through this Monte Carlo risk simulation.

I understand bonds high level. The thing that confuses me is he never gives me specifics about the bonds. I also don't really understand how they would pay off that much more profitability wise than the money market.

Also, do we think there is an alternative reasoning why he is sort of pushing me hard into doing this?

This could be wrong but I think the money market and bonds are very conservative passive investing. Stocks are riskier but with bigger returns. I just am missing why he would totally get me out of the money market to something similar.

If you're youngish, skip conservatism and go wholeheartedly growth.
Remember one thing when you begin, you haven't really lost anything until you 'realize' your losses... so buy low, sell high

Yeah, he likely earns a commission if he can sell you on the bond fund. Parking that much in a money market is crazy. If you have a long timeframe (10+ years), you should be mostly in stocks.

.

Its kind of that classic saying, if the "financial advisor" knew what he was doing, he would need to get paid to advise you. He just wants a commission.

He probably doesn't even know the specifics about the bonds himself lol

I think a lot of people forget what diversification actually means. It doesn't just mean have the correct allocation between stocks, bonds and money market, it means be in everything a little bit. Land, gold/metals, cool collectibles, real estate, etc.
At least that's what my finance girl tells me. Unfortunately I can't pay her because her min is $10M lol.

cool collectibles lol

Pokémon cards have performed as good as SP or way better in the last 15 years

soword shield sets
scarlet violet sets

etc

Mega backdoor roth ira would be the move

Seems dumb you need to diversify

Only asians know bonds, i concure he just wants the comission

Anyone have any information on gas contracts?

Nvo long. Micron long. Silver south korea etf long!

What do you think about Korea etf vs silver in terms of risk? The demand for chips is high now and so is silver.

I have $1M cash
I am fine without it
My risk tolerance is infinite from all the gold I have in the mountains
Timeframe for investment is my grandchildren's college fund (my oldest daughter is 4)
I have no debt
I live in what is current known as the United State of America (we seem to be changing the names of alot of things)

What should I do to pay for college.

Throw it in an sp500 fund and make 10% a year? Seems like the easiest no brainer.

Ever heard of...diversification? lol
Especially in this geo-political climate...

Diversify into what? Just diversifying for the sake of it sounds idiotic. If you can't handle variance then get a CD at the bank for like 3% or whatever the **** it is but if you want to make an actual good passive return go elsewhere