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25, 40K in savings and MBA in the near term, how should I invest?

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The servicing and lending is actually by an FDIC-regulated bank - what you're buying is effectively a piece of the note they wrote. So you have credit risk, but lending to someone with a 700+ FICO carries about a three percent annual risk of substantial default.

@PwC 3: Default risk is when a company can potentially not meet its financial obligations but in VRX's case I believe it has to do with the fact that they didn't file updated financial statements which breaches their lending contract.

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If you're going to go full time for the MBA, I'd keep 2 years of living expenses (for me that's the full 40K) in my savings account so I can spend from that instead of taking out additional loans for living.

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Boring index ETFs. I'm a big fan of ticker VTI.

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Alcohol.

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CD ? lol what are you 90 pwc4. What are the yields these days? .05% - I say follow ACN1s advice about living expense or just keep it in mutual funds

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ETFs. Mothafuckin index funds.

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Betterment

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How do you save 40K? Serious question. Where do you live?

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Plastics.

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@consultant 2, live frugally in NYC, save 1-1.2K a month

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Can't go wrong with Enron, World com, or pets.com. BUY BUY BUY

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Stick to high yield investments that will pay fo the interest on your student loans. Especially while the market is so high risk.

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Look up the ticker BOPAX

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College 529 plans could work if you want the tax savings, and if you don't spend it all it can be passed onto a child.

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As others have said I would go with ETFs, since your investment horizon is so long you might want to consider riskier ones, such as leveraged ETFs (SSO for example, but there are many out there)

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@D2 having good luck with Lending Club - getting about 8.5% interest

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Their prospectus gets into a lot of nitty gritty on the performance of the various tranches. I would be very skeptical about their grades D and below.

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Same boat. I don't know much about stocks so just letting it stay for now.

VRX, catch that falling knife

A CD with a maturity that ends when your school starts

Dividends.

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YOE - 3.5 years
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Current working as a Senior Consultant in PwC

And leads would be much appreciated.🙂

Thanks in advance

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