100k Would You Put In Sportsbooks Or A Big Stock??

[jjgold]

Stock all the way for me cannot lose long term

 

[djefferis]

12 month CD.

Only 1 of the 3 that will be worth more than 100k in a year.

The key of course for stocks is LONG term. 20-30 years - you will be ahead. Of course there is inflation and most people just can’t toss 25% of their net worth and leave it untouched for 20-30 years.

Put aside 5% long term - keep 20% short - mid range and accessible. Reduce debt and live within your means.

And don’t seek financial wisdom from a gambling forum.

 

[samsncharge99]

sportsbook

 

[Tanko]

Keep $10k for sportsbook.
Invest the rest. Split it up amongst Bonds, CDs, Stocks.

You have to have fun in life but I think from the "Looking for Wisdom..." thread, you need to keep a balance of some type.

 

[fiftycint]

CD rates have gotten very high....even short term 7-8 months,just sayin

 

[flyingillini]

This is going to be a fun thread! Can't wait to see it blossom like when @DiggityDaggityDo blossomed into puberty.

 

[Leisure]

25,000 in Microsoft
25,000 in Amazon
25,000 in Nvidia
25,000 in Eli Lilly

 

[Tanko]

CD rates have gotten very high....even short term 7-8 months,just sayin

Got 6% at a local credit union for 6 months & 5% for 15 months.

 

[DiggityDaggityDo]

This is going to be a fun thread! Can't wait to see it blossom like when @DiggityDaggityDo blossomed into puberty.

Wtf

 

[flyingillini]

Wtf

Please tell us your first time, your first time with a woman and your first time in a sock. Be descriptive. How old were you when you first realized what a release was?

 

[BobbyFK]

Please tell us your first time, your first time with a woman and your first time in a sock. Be descriptive. How old were you when you first realized what a release was?

 

[BobbyFK]

Keep $10k for sportsbook.
Invest the rest. Split it up amongst Bonds, CDs, Stocks.

You have to have fun in life but I think from the "Looking for Wisdom..." thread, you need to keep a balance of some type.

This is great advice right here. I would do something very similar

 

[djefferis]

6% 6 month is the way to go right now.

Everyone thinks rates drop - they will - but not in the next 6-8 month. Fed will remain cautious and slow to react.

Eventually earnings will reflect slower inflation and a slight dip - sending investors looking for “winners” and scaring them that the higher P/E is not worth the valuation. Won’t be a panic sell - but will see some fading.

XLE remains my favorite “stock” - greater than 3% yield - sell covered calls 50 cents to 80 cents out of the money weekly and make about the same every week. Never goes above $85 nor below 80 - nice range that allows a profit most weeks and a yield as a bonus. Will never get rich quickly - but keep stacking that payout and yield - it’s a nice income stream to put towards “riskier” plays in oil and gas field - including some of the pipeline operators yielding near double digits.

 

[DiggityDaggityDo]

Please tell us your first time, your first time with a woman and your first time in a sock. Be descriptive. How old were you when you first realized what a release was?

 

[djefferis]

There is an old saying “A fool and his money are some party”.

I believe in this saying - but also realize you need to keep the party going. Got to both spend money on enjoyable things - and invest to generate a stream of funds for enjoyment (or spend your life working to earn only to have limited time to enjoy the payoff).

Invest to generate a yield - then reap the yield and buy what makes you happy. Unless counting money makes you happy - spend it on things that make you happy. Of course I’m a hoarder and the amount of shit I have accumulated that makes me “happy” is going to be someone else’s headache to disburse of one day - but I’ll be dead or in a nursing home so who cares. Things I’ve accumulated will likely always hold value - so someone will cash in. It’s not like I’m saving old newspapers, milk cartons or “junk” - just things the wife doesn’t understand or appreciate.

 

[DiggityDaggityDo]

There is an old saying “A fool and his money are some party”.

I believe in this saying - but also realize you need to keep the party going. Got to both spend money on enjoyable things - and invest to generate a stream of funds for enjoyment (or spend your life working to earn only to have limited time to enjoy the payoff).

Invest to generate a yield - then reap the yield and buy what makes you happy. Unless counting money makes you happy - spend it on things that make you happy. Of course I’m a hoarder and the amount of shit I have accumulated that makes me “happy” is going to be someone else’s headache to disburse of one day - but I’ll be dead or in a nursing home so who cares. Things I’ve accumulated will likely always hold value - so someone will cash in. It’s not like I’m saving old newspapers, milk cartons or “junk” - just things the wife doesn’t understand or appreciate.

Jeffrey what’s your favorite collection?

 

[Ace7550]

Bet it all on black.

 

[flyingillini]

View attachment 26521

I remember those days well !!

 

[charliebrown]

I can't believe I missed out on Nividia and Bitcoin. Had them both but gambling got me

 

[KingKolzig]

100% cash bonus at betislands

-Shari