Anonymous
11/26/2013 19:09
Subject: Any ideas on what to invest in with $100k-$150k capital?
We are going to take 75K and put it into an investment property fairly soon. Will be 20 to 25% down.
Anonymous
11/26/2013 18:44
Subject: Re:Any ideas on what to invest in with $100k-$150k capital?
For much less money I went to a financial adviser.
Anonymous
11/26/2013 09:26
Subject: Any ideas on what to invest in with $100k-$150k capital?
trade up and get a bigger primary house, rates are very low right now.
Anonymous
11/26/2013 09:26
Subject: Any ideas on what to invest in with $100k-$150k capital?
Anonymous wrote:1) We have about $100k just sitting there in our savings account. The return is so little it may as well be a checking account. For lack of investment ideas, we've just let it sit there for the past three years and I'm kicking myself for not having put it in a mutual fund or something. We also have $50k we can add to the mix if helps (it's currently earning about 6%, loan to an individual).
2) We also have an efficiency condo that we bought for $50k in southern city in Virginia but it's now worth only $35k. We put in $3,000 in hot water heater replacement and other repairs last year, $1,000 to repaint this year, and it makes about $600 in rental income each month, but it goes empty about 3-4 months out of the year, so it's more like $400 in rental income each month (actually, after paying condo fees and property tax and a realtor for monthly management fees it's even less). I am considering selling that because the property values seem to be going down every year with no rebound in sight, but my spouse wants to keep it because it still brings in some rental income.
Any ideas? We already do 401(k)s, IRAs, and put in about $5,000 a year for our child's 529.
Thank you!
Yeah, I'll take it.
Anonymous
11/26/2013 09:20
Subject: Any ideas on what to invest in with $100k-$150k capital?
Anonymous wrote:Hey i know this off topic, but is that condo in Richmond,VA?
No. Further south.
Anonymous
11/26/2013 09:19
Subject: Any ideas on what to invest in with $100k-$150k capital?
I would put it in a dividend-focused stock mutual fund.
Anonymous
11/26/2013 09:18
Subject: Any ideas on what to invest in with $100k-$150k capital?
Hey i know this off topic, but is that condo in Richmond,VA?
Anonymous
11/26/2013 09:10
Subject: Any ideas on what to invest in with $100k-$150k capital?
1) We have about $100k just sitting there in our savings account. The return is so little it may as well be a checking account. For lack of investment ideas, we've just let it sit there for the past three years and I'm kicking myself for not having put it in a mutual fund or something. We also have $50k we can add to the mix if helps (it's currently earning about 6%, loan to an individual).
2) We also have an efficiency condo that we bought for $50k in southern city in Virginia but it's now worth only $35k. We put in $3,000 in hot water heater replacement and other repairs last year, $1,000 to repaint this year, and it makes about $600 in rental income each month, but it goes empty about 3-4 months out of the year, so it's more like $400 in rental income each month (actually, after paying condo fees and property tax and a realtor for monthly management fees it's even less). I am considering selling that because the property values seem to be going down every year with no rebound in sight, but my spouse wants to keep it because it still brings in some rental income.
Any ideas? We already do 401(k)s, IRAs, and put in about $5,000 a year for our child's 529.
Thank you!
2) We also have an efficiency condo that we bought for $50k in southern city in Virginia but it's now worth only $35k. We put in $3,000 in hot water heater replacement and other repairs last year, $1,000 to repaint this year, and it makes about $600 in rental income each month, but it goes empty about 3-4 months out of the year, so it's more like $400 in rental income each month (actually, after paying condo fees and property tax and a realtor for monthly management fees it's even less). I am considering selling that because the property values seem to be going down every year with no rebound in sight, but my spouse wants to keep it because it still brings in some rental income.
Any ideas? We already do 401(k)s, IRAs, and put in about $5,000 a year for our child's 529.
Thank you!