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SVTPerformance's Chain of Restaurants
Road Side Pub
financial dudez: 100g's investing....what do you do ?
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<blockquote data-quote="Pribilof" data-source="post: 16356249" data-attributes="member: 155968"><p>I'm 100% equities. Mostly individual stocks. For $100k... Possibly buy an index and don't look at it for 20 years. Maybe a factor based ETF would be a good fit. I like QUS. Can't really give advice without knowing the OPs particular situation.</p><p></p><p>Investing is all about time horizon. If you have 20 or 30 years to invest, forget about the volatility you'll see in one to three your time horizons. Forget about it. It's meaningless. If you retiring next year or two, dial back that risk significantly. Sequence risk will crush your retirement.</p><p></p><p>A good financial advisor will do a few things for you. First, they will completely eliminate emotion from investing. It's numbers, not emotion. Second, they will do financial planning for you determine where you are compared tobwhere you should be compared tonwhere you need to be when you retire.</p><p></p><p>Financial planning is more of an art than a science. Most people I deal with it's nearly impossible for them to run out of money. The focus for them is what legacy do they want to live and what kind of estate they want to leave for their children.</p><p></p><p>last piece of advice, if you have a financial advisor who's trying to sell you some bullshit like non-traded REITs, annuities, structured products,whole life, etc. Run as fast as you can in the opposite direction. Those kinds of products are sold and not purchased. 98% of the time they work out significantly better for the seller than they do for the purchaser. I've never sold any of those types of products in my entire career. Any product with a 10% upfront sales commission is crap. Literally. That's my rule. I don't get paid to sell stuff to people. I get paid to help people plan in their future.</p><p></p><p>ETA: think of your investment portfolio the same way you do a home. Do you get minute to minute pricing on the value of your home? Of course not. Pick good investments for the long term and forget about it. If you got minute to minute pricing on the value of your home you'd literally have a heart attack.</p><p></p><p>ETA2: one of my best investments has been Nike. I've got over an 1800% gain. Second best investment has been CCK (a canning company) at a 1500% gain. Neither one is an exciting investment. I bought both at the right time, when they were each unloved in the marketplace. Well managed, low debt loads, good distribution and boring products. Exciting isn't always a winner in investing. Think about that for a second. I have a 1500% gain in a company that makes aluminum cans. You don't need to stretch to have awesome gains over a long period of time. If the market goes down 50%, you need a 100% gain to break even. In my opinion, it's all about minimizing losses, planning for the future, and being realistic about attainable goals.</p><p></p><p>ETA3: none of this has been meant to be specific investing advice. I don't know anything about any of your specific situations. Investing is done on an individual basis and none of this is a solicitation to buy or sell any particular securities. Past performance is no guarantee of future results.</p><p></p><p>ETA4: my portfolio is significantly different then most of my clients my own age. I do this for a living and I'm comfortable with the risk and volatility of my portfolio. if you're not comfortable with the volatility, 100% equities is not the correct allocation for your portfolio.</p></blockquote><p></p>
[QUOTE="Pribilof, post: 16356249, member: 155968"] I'm 100% equities. Mostly individual stocks. For $100k... Possibly buy an index and don't look at it for 20 years. Maybe a factor based ETF would be a good fit. I like QUS. Can't really give advice without knowing the OPs particular situation. Investing is all about time horizon. If you have 20 or 30 years to invest, forget about the volatility you'll see in one to three your time horizons. Forget about it. It's meaningless. If you retiring next year or two, dial back that risk significantly. Sequence risk will crush your retirement. A good financial advisor will do a few things for you. First, they will completely eliminate emotion from investing. It's numbers, not emotion. Second, they will do financial planning for you determine where you are compared tobwhere you should be compared tonwhere you need to be when you retire. Financial planning is more of an art than a science. Most people I deal with it's nearly impossible for them to run out of money. The focus for them is what legacy do they want to live and what kind of estate they want to leave for their children. last piece of advice, if you have a financial advisor who's trying to sell you some bullshit like non-traded REITs, annuities, structured products,whole life, etc. Run as fast as you can in the opposite direction. Those kinds of products are sold and not purchased. 98% of the time they work out significantly better for the seller than they do for the purchaser. I've never sold any of those types of products in my entire career. Any product with a 10% upfront sales commission is crap. Literally. That's my rule. I don't get paid to sell stuff to people. I get paid to help people plan in their future. ETA: think of your investment portfolio the same way you do a home. Do you get minute to minute pricing on the value of your home? Of course not. Pick good investments for the long term and forget about it. If you got minute to minute pricing on the value of your home you'd literally have a heart attack. ETA2: one of my best investments has been Nike. I've got over an 1800% gain. Second best investment has been CCK (a canning company) at a 1500% gain. Neither one is an exciting investment. I bought both at the right time, when they were each unloved in the marketplace. Well managed, low debt loads, good distribution and boring products. Exciting isn't always a winner in investing. Think about that for a second. I have a 1500% gain in a company that makes aluminum cans. You don't need to stretch to have awesome gains over a long period of time. If the market goes down 50%, you need a 100% gain to break even. In my opinion, it's all about minimizing losses, planning for the future, and being realistic about attainable goals. ETA3: none of this has been meant to be specific investing advice. I don't know anything about any of your specific situations. Investing is done on an individual basis and none of this is a solicitation to buy or sell any particular securities. Past performance is no guarantee of future results. ETA4: my portfolio is significantly different then most of my clients my own age. I do this for a living and I'm comfortable with the risk and volatility of my portfolio. if you're not comfortable with the volatility, 100% equities is not the correct allocation for your portfolio. [/QUOTE]
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financial dudez: 100g's investing....what do you do ?
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