Posted on 04/01/2021 7:04:28 PM PDT by 4Runner
EOG.
I think PM refers to Portfolio Manager?
Do you have six months of cash on hand?
If not, don’t invest. Save more.
Might want to check out a target dated index fund from Fidelity. Here’s one - FQIFX
https://www.sofi.com/learn/content/can-you-lose-money-in-an-index-fund/
Good luck.
I’d invest that in houses and lots...whore houses and lots of whiskey.
The rest of the money, I would just squander.
Or Precious Metals. Take your pick.
Do you have any debt other than a home loan?
Pay them off first before investing, AND get a HELOC in place.
right now my strategy is “diamond hands.” don’t give wall street or the gov’t anything unless you have no other choice.
82?
put it in an index fund... S&P will be 4300 this summer
otherwise, go to Vegas or your local indian casino and put it all on black.
Take a look at their biotech fund FBIOX.
82.5 years.
Yes we do.
I have done reasonably well with the standard buy&hold strategy with Fidelity blue chip, Fidelity utilities, and some Fidelity midcap fund.
The stock I recommend is a Stirling Cycle turbine company called Capstone Turbine. Their sector is due to take off in the next decade with several point-sources of heat developing rapidly.
And if it doesn’t take off it’s still a healthy company. Kind of like buying stock in Levi’s jeans right before the California gold rush.
I also think cruise lines are at their lowpoint & will recover. Pent up demand.
There’s only one answer: Fidelity’s Standard and Poor’s index fund. It tracks the stock market index and has no management fees. The index funds on average beat over 70% of the managed funds.
DLTR
Buy AT&T stock. Currently paying 7% dividend. Not much stock appreciation if you can buy it around $30 a share.
166 shares pays you quarter .52 cents = $82.63 per quarter. $345.00 per year.
I call it a parking lot because of the high dividend.
I currently have about 8000 shares.
Getting a lot of interesting avenues of approach. It’s most appreciated.
It’s never too late to save and invest. We all missed opportunities etc. I rode out 2007 and within a few years was back where I was ... and that was under an Obama administration. Never base investing on politics. However this bunch in power now are much harder left than Obama and markets will be under pressure.
Five years is a pretty short time horizon for investing. I usually think in terms of decades not five years. But you are where you are. What happens in five years? Is that when you retire and need the money?
I am big on high dividend mutual funds. They usually perform a bit less than the overall market but even if the bottom falls out you still have a steady dividend income. So you get some growth and an income stream. I am talking about blue chips that have paid dividends for 50 years or so. Those dinosaurs will still be good for another 10 years or so.
Good luck!
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