Where to invest $150k today? - Page 2

ag94whoop

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4:13p, 4/12/24

AG

As far as money markets I like vanguard's VMFXX

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aggiesundevil4

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In reply to ag94whoop • 6:37p, 4/12/24

AG

Does that require a vanguard account or can I buy it using Merrill edge or Morgan Stanley which is where my brokerage accounts are?

ag94whoop

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In reply to aggiesundevil4 • 8:05p, 4/12/24

AG

aggiesundevil4 said:
Does that require a vanguard account or can I buy it using Merrill edge or Morgan Stanley which is where my brokerage accounts are?

No it can be bought openly. It will just trade at end of day.
I bought mine with my Self Directed account on JPM

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FastFreddy

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10:06p, 4/16/24

Would you be interested in making a loan on land? You can get 10 to 12%

Aggie369

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In reply to FastFreddy • 12:23a, 6/22/24

AG

Where would I look into this?

I'm thinking about selling my 2 properties....would leave me with about 300k I would need to find a spot for

Aggie Dad 26

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In reply to Toros23 • 12:43a, 6/22/24

S&P 500
Mutual fund

Honestly, I'd probably do a large cap growth depending on your age. You can't go wrong with either though.

Pick something with a low expense ratio. The SWPPX has an .02% which is kinda hard to beat

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BDJ_AG

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In reply to Aggie369 • 10:16a, 6/22/24

AG

If you are selling land only, consider doing a seller financed deal. Can likely get around 8%+ on a 10-year loan.

Aggie369

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In reply to BDJ_AG • 12:10p, 6/22/24

AG

2 duplexes

Comeby!

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In reply to schwack schwack • 1:26p, 6/23/24

AG

schwack schwack said:
…. Our initial strategy was to recoup everything (purchase price & reno) in 5-7 years, but our last few houses are now stretching to 8-9 years.

Isn't that a 4-6% return or is my math wrong?

El Chupacabra

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11:11a, 6/25/24

On 4/3 SPY closed at $519, it's at $544 today. With dividend you would have been at a 5% return in 2.5 months.

Toros23

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In reply to El Chupacabra • 8:06p, 6/26/24

AG

El Chupacabra said:
On 4/3 SPY closed at $519, it's at $544 today. With dividend you would have been at a 5% return in 2.5 months.

I put it in a money market account earning 5%

Tex117

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In reply to Toros23 • 10:22a, 6/27/24

AG

Toros23 said:
El Chupacabra said:
On 4/3 SPY closed at $519, it's at $544 today. With dividend you would have been at a 5% return in 2.5 months.
I put it in a money market account earning 5%

For now, this will work.

But interest rates will drop eventually.

Toros23

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In reply to Tex117 • 12:25p, 6/27/24

AG

Tex117 said:
Toros23 said:
El Chupacabra said:
On 4/3 SPY closed at $519, it's at $544 today. With dividend you would have been at a 5% return in 2.5 months.
I put it in a money market account earning 5%
For now, this will work.

But interest rates will drop eventually.

Correct. And then I will revisit this thread and see what everyone is thinking. Always appreciate Texags insight

Cyprian

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7:39a, 7/1/24

AG

Real estate, but be aware there is a hustle to it unlike with stocks, (even with a PM company). Also need up your reserves for the infrequent surprise (hvac, roof, etc).