I have some cash (around 70k) that I would like to invest cuz just can't let cash sit around. Already contribute 18% to 401k. I don't mind taking risk. Any recommendations for investment channels? thx

like
Posting as :
works at
You are currently posting as works at

All on red. Double or nothing. You said you don't mind taking risk, right?

like

Dude forget most of this advice. Invest heavily in the s&p500 ETF. Vanguard has the lowest expense ratios (it's either VOO or VO). Check out bogleheads on how to build simple, low-cost ETF portfolios.

like

Send me your cash, I'll triple it in 2 months

like

70k is actually enough for the downpayment for a studio in a pre-war.

like

Most sophisticated strategies really only outperform with scale due to expenses. I'd just echo the others and throw it in an ETF. The small cap ones in my portfolio have been rocking lately, but I'm going to rebalance and possibly even lower my allocations towards them given their upside has at least in some material part been realized

like

buy a franchise and get your shit little sibling or cousin to run it and pay them slightly better than minimum wage

like

Buy property out of town and rent it out. Always worth having property because if shit hits the fan you can always live in it.

like

Jp1 is an asshole. Buy some stocks write some calls against it. Sounds like you are youngish and a downside move in equities isn't your worst nightmare. If you are scared of a downside move you can take your premium from selling calls and buy puts (a collar). Just know that puts are relatively more expensive than calls.

like

There was another post with 70k in excess savings a few days back. Both of you seem to have a good handle on things and should try starting a business. Get out before you go down too far down the rabbit hole. You can thank me later

like

@db1 I'm at DB so u tell me if compliance will sign off

like

All solid ideas. Prosper/Lending Club is legit if you trust those companies and your compliance department will sign off. Take on as much risk as you're comfortable with.

like

Private placement investments, just search them on BANW

like

Jpm2. That's not inconsistent with my advice. Spy is most liquid and has tons of option choices.

like

Lol, yeah they should if you explain it has no market exposure and the loans aren't actively traded (3-5 yr horizon per loan).

like

Anyone else heard of or used wealthfront? How does it compare to other more established WMs?

like

Unless you are a millionaire who also needs dog walking and baby sitting services, 2 of the robo advisors are compared here.https://www.nerdwallet.com/blog/investing/wealthfront-vs-betterment/

like

Also I live in NYC so property isn't an option cuz 70k wouldn't get me anything here really

like

BANQ

like

Depends on your time horizon and other factors, but a diversified ETF portfolio is probably best.

like

Three options - 1) become and angel investor - checkout AngelList and Crunchbase. 2) buy a condo in a warm place and rent it out - snow birds pay big in the winter. 3) Wealthfront.com

like

Related Posts

Has anyone made a property purchase using sheriff sales? Can you shed any light on the process or share tips or resources?

like

Please help me calculate the total in-hand salary.

Kindly suggest some tax saving schemes as well.

Post Photo
like

Hey everyone, a bit unorthodox, but if anyone is traveling to Sri Lanka and needs LKR, i’m willing convert for physical USD. Our currency is a bit volatile etc right now so, if interested please PM or leave a comment! TIA (Also free travel advice haha)

like

Any advice on my current Vanguard Portfolio ?

Post Photo
like
like

I’m aiming to retire in 30 years, my current asset allocation between all my investment vehicles is 10% REITs, 10% Int. Equities, 10% bonds, 20% small cap equities, and 50% S&P 500. They are cont...

like

Are Vanguard target funds good options to invest my 401k money in?

like

Howdy friends. I am fresh out of college and want to set myself up well for the long run. Anyone have feedback on how much I’m saving % wise and anything I might be missing from my budget? My 401(k) is up to the full match. No debt other than a $3k student loan and tiny interest on what’s left of my car loan. Single. TX, USA

Post Photo
likeuplifting

Hi Friends, I have some responsibilities which I need to carry out for my families and dependents for which I need some money in the next two years.

I dont want to change my job just for increasing my salary as it would bring some extra pressure and other complications with it .

Please help me out in earning some passive income ..

any idea or suggesstions would be much appreciated.

like

Hi, wondering if anyone as a non US trained physician has had experience pivoting to healthcare consulting or healthcare administration? Is an MBA a must? Should one aim for entry level jobs at a consulting firm first for experience? I’ve got good experience in leadership and management roles and completed a lean six sigma yellow belt course. Any advice appreciated!

like

I’m needing recommendations for a quality/reliable pet health insurance company. On Dec. 12, I will be bringing home a French bulldog puppy and I want to insure her. (Below is a photo of her at 3 weeks)

Post Photo
like

HGTv has more ‘gaines’ than I have on crypto #humor.

like

What is a reasonable monthly budget for single folks living in Manhattan? I eat out rarely - maybe 2x / week and have the usual high 1BR rent + Wi-Fi + electricity and am netting monthly expenses at around 4K. Any other ideas on managing your money better?

like

I’m an authorized user on my parent’s Citi AA Executive card to get the AA lounge access. However, they consistently go over 30% of credit usage / sometimes over credit limit (cont.)

Are there any debt consolidation options for a professional family man with a decent credit score, who's let high interest credit card debt get out of hand? I get the mailers that entice with a low advertised rate, and then the offer comes back at something slightly less than what I am already paying. I am thinking something along the lines of a bank that I can talk to, and explain exactly where the money is going, not being apposed to a direct deposit to the card companies themselves.

Does anyone know what the paternity leave allowance is for UKI? Regardless of what Shared Parental Leave. Just paternity leave only? I read on some policy its 2 weeks? Is this true? Mothers get 9months full pay and dads only 2 weeks? Can someone who has recently taken pat leave confirm please?

Fixed income vs Equity trading desk at BB? Why are trading desk at BB down year over year? Fixed income desks In particular! Future of trading leading to full automation?

like

In Relocation Assistance, Is Societe Generale GSC Bangalore still giving one time 35k or some amount for relocation/ settling reimbursement for experienced joiners?

I am joining JPM as a VP. Which brokerage accounts are permitted at JP for personal trading?

like

How to transfer PF fund from hcl to epfo if i was a non pension member???

like

More Posts

Does anyone know a discount code for Omni Hotels?

Looking to break into industry from federal consulting. Recently earned my MBA with a focus on data analytics and MS in Cybersecurity. Any guidance?

like

Hospital research software development analyst salary?

like

How many of you are managing a caseload of 25+ people on a weekly basis? What strategies do you use to make this longterm sustainable?

like

Hi Fishes, Can any one
please tell me what would be the CTC range for
"Development Engineer 4" - Comcast
India(Chennai). Total exp 8yrs relevant to the
role 3.8yrs. Tech stack- Python, SQL,
GCP(BigQuery), Docker, REST API.

like

If we are working in shifts (12pm to 10pm) in Comcast, Will we get shift allowances?

like

What would be my in-hand salary per month after employee pf and tax Deduction?

Post Photo

What is the salary range of Manager - Projects in Cognizant? Also, if anyone can help me the day to day activities that would be great.
Cognizant

likehelpful

What was % increment in Advanta for for PL 9,8 levels

I keep watching Schitt's Creek reruns now and then. It makes me feel warm and mushy, but also super lonely. So tired of being perpetually single. I know it's been posted about here a bunch of times before but it still sucks. Venting and knowing you're not alone, helps a tiny bit. =) Also does anybody else thing Patrick is essentially just a 'too good to be true' fantasy boyfriend Dan Levy dreamed up and put on the show?

like

Hi All, I am looking for job change and my Last working day is on 15th july. Let me know if any relevant openings for ETL/DWH testing in wipro. Experience: 3.7years .Location :Pune

like

FAANG salaries and tc on Glassdoor seem way too low? Thoughts?

I'm thinking I won't be getting promoted if not laid off at the end Q2 or sooner. What are some good exit ops for an associate with 2 yoe in tech consulting? Exp in Cloud, PMO, IT Risk, and SoD.

like

which model deloitte usi banglore follows is it wfo or wfh?

like

How do they decide onsite salary for Germany for an experienced Java Tech Lead in TCS(10 years) ? And what would be the onsite salary?

like

How is it like to join Virtusa as a fresher?
Please share your feedback

like

Scheduling added another S3 (my level) to my engagement but acting as a manager, while I’ve been on this engagement for a few years and getting great reviews. My ego is shot and I’m insulted. Advice?

Any producers have any apps or programs they recommend that helps with the job? Beginning of the year and I always look into new tech or programs before I am too busy with jobs😎

like

I am interested in consulting, currently majoring in finance and minoring in math, looking for any internship for the fall. Suggestion for any companies/ internship programs to apply. What are my chances of landing an entry level consulting Job, if I don’t have any consulting internship. Any advices, dos and don’t. Thank you very much.

like

Hello,

Thoughts on this Google offer for L6...competitive? What would you ask for?
Base: 180
Commission: 70% of base
Equity: 190 over 4 years
Sign on: 15

like

Additional Posts in Finance

What movie title would you use to describe your current job?

like

North Korea - the boy (country) who cried wolf?

like

IB Analyst, want to move banks. Searching via my contacts but want to expand my network with cold outreach. Should I reach out to MD's or VP/Directors?

like

Anyone know what other fishbowls are like?

like

Thoughts on serial dating, via social media apps?

like

Which firm hires the dumbest people?

like

Anyone else feel cautious about the JP wellness screening? Is this something they can use for drug testing? Even still it is weird giving my blood to my employer

like

My background check for Blackrock came back last week. It’s now with the background check committee. How long until I get the final OK? No, I am not a criminal. :-)

like

Has anyone else turned down a tech job for banking? It was a hard decision but ultimately, I decided that the experience and training I'll get here is second to none. Hope I don't regret this decision

like

Any CAIA holders out there? How have you generally been viewed?

like

Good day to be buying bonds... any of my fellow yield grubbers out in effect today?

like

MM PE vs MF PE - which would you (do you) prefer and why?

like

Looking for a great espresso machine – willing to pay whatever as long as it lives up to its hefty price tag. Any recommendations?

like

Idk what I want to do with my life and at this point im too scared to ask

like

Roommate and I were debating this: How many people here eat a square breakfast regularly?

like

You know what? I'm 31 and I don't think I should have to courtesy flush anymore.

like

27 and have been in RM since I was a summer analyst. What other roles/fields can I possibly do to sort of sustain this income without an MBA or CFA? Other than IR.. Serious replies only 🙏 TY!

like

What's your morning schedule like? Mine 1) wake up 2) curse and cry looking at myself in the br mirror 3) dress nicely to make myself feel better and 4) coffee up and head to office.

likefunny

Has anyone done the GARP Financial Risk and Regulation course? Was it educational? Did you do the FRM after?

Blackrock. Got a informal offer but no follow-up with a contract. Noted they are working on it, but does it really take this long or red flags? How much longer would you wait?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal