Official Investment Thread: How are YOU investing your money?

[eastbayak]

I'm creating this thread because I don't see a general investment thread on BO and there's a plethora of investment knowledge/experience among BO members, that if shared, can be very beneficial to the community. Personally, I've learned a lot from members on how to make better used of my "unused" cash.

You can share how you're actively investing but the thread mostly caters towards passive investing (many of us don't have the luxury of time/energy to daytrade). This is specifically non-card/non-hobby investments lol.

What types of accounts/CDs/etc do ya'll have? What percentage of your cash do you allocate towards each? What long-term mutual funds/stocks do you have positions in? How are you investing for your current/future children (if applicable)? Do you have positions in crypto, precious metals, etc?

No one needs to share how much they're investing, this isn't a d*** measuring contest either.

[TheFrenzy]

I’m buying Tanner McKee green Prizm RCs for pennies.

[asujbl]

Without talking dollars?

401K which I max out (50% match)
Morgan Stanley brokerage account
Edward Jones brokerage account
Chase Premium Deposit account (liquid dollars still getting 4.5%… I probably allocate too much here)
Real Estate equity investments via my company which is when I usually sell something else to get into this

The balance sits in a checking or savings account making garbage

Percentages I’d have to look at

[majestik101]

Keough Account (wife)
Max 401K
Stocks (I'm not saying which ones, but I have done well)
IRA/ Money Market

[hairysasquatch]

Not well- putting 3 kids through college it's just an absolute beatdown.

[TheFrenzy]

Originally Posted by hairysasquatch

Not well- putting 3 kids through college it's just an absolute beatdown.

You should put more into the stock market.

Everyone always wins.

Just try to find posts where someone didn’t!

[Braswell10]

Originally Posted by hairysasquatch

Not well- putting 3 kids through college it's just an absolute beatdown.

Clearly your priorities aren't in order.

Get into Shib ASAP!!!

[hairysasquatch]

Originally Posted by TheFrenzy

You should put more into the stock market.

Everyone always wins.

Just try to find posts where someone didn’t!

The light I thought I saw at the end of the tunnel turned out to be a train. #1 has been out for 2 years but may need a grad degree, #2 is headed to a professional master's program, very expensive, and #3 still has 2 years of undergrad left. Next 2-3 years could cost anywhere from $150-250k. I'll never be able to retire, let alone invest money in the stock market.

[NYBBFAN]

AMZN stock (part of my salary)
5.3% Texas Regional Bank 1 month CD
SGOV (short-dated UST bills)
SWVXX (Schwab money market fund)
A few individual rolling 1 month T-bills
VZ
Vanguard Retirement Saver II (closest cash-equivalent available in my 401k)
A few grand in various options like CVNA puts.

This is mostly very different than 12 months ago. As you can tell, I expect a steady-state in rates. I have de-risked a bit by unloading some AMZN shares, though I am due a bunch more shortly.

At the end of 2024, I’ll have enough set aside from AMZN shares alone to put my son through any undergrad program and graduate program of his choosing. Pretty good for a guy that didn’t finish high school.

[Boo]

Originally Posted by hairysasquatch

The light I thought I saw at the end of the tunnel turned out to be a train. #1 has been out for 2 years but may need a grad degree, #2 is headed to a professional master's program, very expensive, and #3 still has 2 years of undergrad left. Next 2-3 years could cost anywhere from $150-250k. I'll never be able to retire, let alone invest money in the stock market.

Quit handing your kids everything, get some loans for them to pay off.

[blackandgold]

Originally Posted by asujbl

Without talking dollars?

401K which I max out (50% match)
Morgan Stanley brokerage account
Edward Jones brokerage account
Chase Premium Deposit account (liquid dollars still getting 4.5%… I probably allocate too much here)
Real Estate equity investments via my company which is when I usually sell something else to get into this

The balance sits in a checking or savings account making garbage

Percentages I’d have to look at

Dang your company matches you 50%? Thats nuts

[TheFrenzy]

Originally Posted by hairysasquatch

The light I thought I saw at the end of the tunnel turned out to be a train. #1 has been out for 2 years but may need a grad degree, #2 is headed to a professional master's program, very expensive, and #3 still has 2 years of undergrad left. Next 2-3 years could cost anywhere from $150-250k. I'll never be able to retire, let alone invest money in the stock market.

If McKee becomes the next Mahomes, I’ll send you some cards.

[NYBBFAN]

Originally Posted by hairysasquatch

The light I thought I saw at the end of the tunnel turned out to be a train. #1 has been out for 2 years but may need a grad degree, #2 is headed to a professional master's program, very expensive, and #3 still has 2 years of undergrad left. Next 2-3 years could cost anywhere from $150-250k. I'll never be able to retire, let alone invest money in the stock market.

Idk how you’re doing that with 3 kids. Getting it paid for with 1 feels like a miracle.

[asujbl]

Originally Posted by blackandgold

Dang your company matches you 50%? Thats nuts

Yep

50% of IRS max

So I basically get $10K+ a year in match depending on the year

[oldgoldy97]

Hookers and blow.

[patchgenie]

i've got a little place in Aspen.

[hairysasquatch]

Originally Posted by Boo

Quit handing your kids everything, get some loans for them to pay off.

Gee, Dad - thanks for the LOAN I'll never be able to pay off! They aren't being handed everything - they all work and will have to take on some loans, but even with that it's absolutely daunting.

Originally Posted by TheFrenzy

If McKee becomes the next Mahomes, I’ll send you some cards.

Muchas gracias!

Originally Posted by NYBBFAN

Idk how you’re doing that with 3 kids. Getting it paid for with 1 feels like a miracle.

It's called abandoning any thought of retiring and working till I croak. Fortunately I am able to do that with my line of work. I'm already one of the older people the newbies ignore, and that's fine by me.

[Siberian13]

I dabble. I’m small time. Just bought my first American Eagle silver dollar and a silver bar this year. Wanted to dip a toe into metals/coins. Want to get some platinum and gold as well. Just started February. No clue where to start. Was thinking of gettting an American Eagle for each year back until my birth year.

I have a Robinhood, MooMoo and Charles Schwab account for tradings stocks and some crypto. I have Coinbase for most of my crypto. 401k for work. They match 25% but only up to a certain amount. I should probably ask but I’m lazy. Have a savings account with Ally and money market with Fidelity.

I’m just trying to get money out of my checking account as fast as possible. Or I just buy dumb crap.

[TheFrenzy]

Originally Posted by hairysasquatch

I'm already one of the older people the newbies ignore, and that's fine by me.

They just don't know how Reddit famous you are.

[KhalDrogo]

401k employee max (90% VINIX, 10% cash)
401k employer max (same)
457b employee max (90% RFKTX, 10% cash)
457b employer max (same)
Old IRA for trading (right now it’s AAPL, TSLA, FBTC and ~35% cash)
Trading account (90% cash, 10% whatever)
Checking account (bare minimum cash since it earns less than SPAXX in my trading account)
UTMA for my kid (mostly cash right now)

I like trading with a very small number of stocks. Easier to focus that way. Too many stocks = too much chase.

[hxcmilkshake]

Its all in Brock Purdy. Thanks Bbases! #neverforget

Sent from my SM-G996U using Tapatalk

[jplarson]

401k /w employer (mix of VSCIX, VMCIX, VIIIX)
Fidelity account for stock trading and holding cash in SPAXX
Money Market with a 6-month emergency fund
Checking account that serves as a clearing house to pay bills and move money to the above 3.

[eastbayak]

Originally Posted by asujbl

Without talking dollars?

401K which I max out (50% match)
Morgan Stanley brokerage account
Edward Jones brokerage account
Chase Premium Deposit account (liquid dollars still getting 4.5%… I probably allocate too much here)
Real Estate equity investments via my company which is when I usually sell something else to get into this

The balance sits in a checking or savings account making garbage

Percentages I’d have to look at

Originally Posted by majestik101

Keough Account (wife)
Max 401K
Stocks (I'm not saying which ones, but I have done well)
IRA/ Money Market

Originally Posted by NYBBFAN

AMZN stock (part of my salary)
5.3% Texas Regional Bank 1 month CD
SGOV (short-dated UST bills)
SWVXX (Schwab money market fund)
A few individual rolling 1 month T-bills
VZ
Vanguard Retirement Saver II (closest cash-equivalent available in my 401k)
A few grand in various options like CVNA puts.

This is mostly very different than 12 months ago. As you can tell, I expect a steady-state in rates. I have de-risked a bit by unloading some AMZN shares, though I am due a bunch more shortly.

At the end of 2024, I’ll have enough set aside from AMZN shares alone to put my son through any undergrad program and graduate program of his choosing. Pretty good for a guy that didn’t finish high school.

Originally Posted by Siberian13

I dabble. I’m small time. Just bought my first American Eagle silver dollar and a silver bar this year. Wanted to dip a toe into metals/coins. Want to get some platinum and gold as well. Just started February. No clue where to start. Was thinking of gettting an American Eagle for each year back until my birth year.

I have a Robinhood, MooMoo and Charles Schwab account for tradings stocks and some crypto. I have Coinbase for most of my crypto. 401k for work. They match 25% but only up to a certain amount. I should probably ask but I’m lazy. Have a savings account with Ally and money market with Fidelity.

I’m just trying to get money out of my checking account as fast as possible. Or I just buy dumb crap.

Originally Posted by KhalDrogo

401k employee max (90% VINIX, 10% cash)
401k employer max (same)
457b employee max (90% RFKTX, 10% cash)
457b employer max (same)
Old IRA for trading (right now it’s AAPL, TSLA, FBTC and ~35% cash)
Trading account (90% cash, 10% whatever)
Checking account (bare minimum cash since it earns less than SPAXX in my trading account)
UTMA for my kid (mostly cash right now)

I like trading with a very small number of stocks. Easier to focus that way. Too many stocks = too much chase.

Originally Posted by jplarson

401k /w employer (mix of VSCIX, VMCIX, VIIIX)
Fidelity account for stock trading and holding cash in SPAXX
Money Market with a 6-month emergency fund
Checking account that serves as a clearing house to pay bills and move money to the above 3.

Thanks for sharing guys! This is the kind of information that can benefit others (not necessarily positions but the types of investment/retirement/education/etc accounts that are available and that people actually use).

For instance, I learned about Fidelity MM (SPAXX) from jcardstore/KhalDrogo because they always talked about it (possibly you too, jplarson). I created my Fidelity account months ago and finally funded it with a significant amount of cash yesterday. Without them sharing about it, I would've never known (sure, that information is available online but there's a lot of information out there that it can be overwhelming too).

Originally Posted by hairysasquatch

The light I thought I saw at the end of the tunnel turned out to be a train. #1 has been out for 2 years but may need a grad degree, #2 is headed to a professional master's program, very expensive, and #3 still has 2 years of undergrad left. Next 2-3 years could cost anywhere from $150-250k. I'll never be able to retire, let alone invest money in the stock market.

Make your kids pay for their graduate education!! Haha, I'm kidding, you do whatever you want to do. My parents (and paternal aunt who passed away) funded my undergraduate education and I funded my graduate education. Though I don't regret my graduate experience in any way, one of the main reasons why I didn't choose a couple of prestigious programs (when deciding which program to accept) was due to the higher costs associated with them (tuition, rent, food, other cost-of-living expenses). It would've been nice to not have to worry about $ matters when pursuing graduate studies haha. I did learn a lot about money management (and general finances) though, so it was a great learning experience in that aspect.

[eastbayak]

I was so excited about creating the thread that I forgot to share my own details.

- 2 work retirement accounts (TSP, FERS)
- Roth IRA (TD Ameritrade)
- Fidelity (MM with SPAXX): Created months ago but just funded with a significant cash amount yesterday
- Marcus with Goldmans Sachs (HYSA): Created and funded today (had been meaning to do so for at least a month)
- Cash (have a good amount of emergency savings remaining so might put these into one of the two aforementioned accounts to let it grow)

I also plan to open a 529 account for my kid's future education expenses.

[darthpau3]

I’m considering private equity investments as a diversification option. Typically, these investments are in emerging or already established businesses that need financing to grow or restructure. However, I’m aware of the complexities and risks involved, such as the longer timeline for returns and the need for a rigorous selection of opportunities.

It also carries significant financial and legal risks. That’s why I’m thinking of consulting specialists in the field, such as those at Oberheiden P.C., to better understand the process and successfully navigate these investments.