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Joined: Feb 2006
Posts: 2,537
Campfire Regular
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Campfire Regular
Joined: Feb 2006
Posts: 2,537 |
A basket of high dividend stocks that don't have much beta (price change either up or down) like ARCC, SLRC, or AM. If they're not performing as you like, get rid of them and look for something else.
Just down the road from The City of Lost Souls in the Land of the Blind. Molɔ̀ːn Labé Skýla
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Joined: Dec 2013
Posts: 23,686 Likes: 1
Campfire Ranger
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Campfire Ranger
Joined: Dec 2013
Posts: 23,686 Likes: 1 |
Can’t believe no one’s suggested it yet, but hookers and blow?
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Joined: Nov 2015
Posts: 15,222 Likes: 23
Campfire Ranger
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Campfire Ranger
Joined: Nov 2015
Posts: 15,222 Likes: 23 |
Buy cheap land nobody knows about and sell it to Yankees that don’t have a clue for 5x what you paid for it
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Joined: Oct 2010
Posts: 7,806 Likes: 13
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2010
Posts: 7,806 Likes: 13 |
Can’t believe no one’s suggested it yet, but hookers and blow? A degenerate suggestion, for sure. Consider that people who respond with a single investment are idiots, so easy to pass up their advice. Also worth considering that some portion of the funds should reside somewhere other than the traditional (((banking))) system.
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Joined: Dec 2005
Posts: 3,019 Likes: 3
Campfire Tracker
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Campfire Tracker
Joined: Dec 2005
Posts: 3,019 Likes: 3 |
Says the mighty knowledgeable one that contributes no suggestion at all.
Padded VA Hospital Rooms for $1000 Alex My ignoree,s will never be Rock Stars on 24 hr campfire.....Like me!!!! What are psychotic puppet hunters?
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Joined: Oct 2010
Posts: 7,806 Likes: 13
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2010
Posts: 7,806 Likes: 13 |
Says the mighty knowledgeable one that contributes no suggestion at all. You got the first part right, which is one in a row for you.
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Joined: Nov 2015
Posts: 5,719 Likes: 3
Campfire Tracker
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Campfire Tracker
Joined: Nov 2015
Posts: 5,719 Likes: 3 |
Buy a rental in a mountain college town. Rent it out at a grand per bedroom, then sell it in ten years for twice what you paid. Why "mountain"? Cause schi tt runs downhill! 🤔
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Joined: May 2004
Posts: 5,230 Likes: 2
Campfire Tracker
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Campfire Tracker
Joined: May 2004
Posts: 5,230 Likes: 2 |
I would buy a small house in Upper Michigan very close to Lake Michigan . I would take the rest, about $500K, and invest it it what people will be needing 50 yrs from now with good dividend stocks. 1.. Verizon ( VZ). pays 5.5% dividends and iuncreased divies every year. Cell phones are a consumer staple now days. 2 Hanes underwear (HBI) 5% divies. if we cant afford socks , Tshirts and undewear , we are doomed anyway. 3 Stanly Black & Decker (SWK) been around 150 yrs. divies are about 3% and raised their divies for decades. Very low price. 4 Intel microchips... We need micro chips and the price is way down... 3% divies. 5 Kelloggs (K) we need to eat or die... Pays 3.5?% divies. Price is fair. 6. Fidelity Utilities ETF ( FUTY) We go back to the stone age without utilities. pays 3% . 7, WPC, O, STAG, ADC, AMT.. These are all real estate companies . pay avr. 4.5% divies and raising them every yr. 8 Kimberly Clark (KMB ) toilet paper , paper towels . 3.5% divies, been raising then yearly for 50? yrs. 9 Proctor & Gamble (PG) tooth paste, shampoo , soap. 2.5% divies, yearly increases for a LONG time. 10 Archer Daniels Midland (ADM) cooking oil, bread flower ETC... Low divies but good company but price is kind of high. 11. Tyson,,(TSN) chicken , pork.. Price is very reasonable. 2.3% divies. 12 HYD ETF. Tax free Municipal bonds. 4% divies payed monthly Price is way down and a good time to invest some . 13 Chevron , Occidental Exxon Mobil. Good companies but price is kind of high. XOM & CVX pay 3.75% ,Occidental 1%.
This is a good and reasonable 15 companies that we will need for 50 yrs. Many will say the dividends will not exist if the [bleep] hits the fan. True, most will be cut. However, you will have to go through hell and high water to get your rental money too , if times get really bad, but we will eat, wear clothes heat our homes or you Texans will die of heat , and us Wisconsin boys will freeze to death. \ I also think that an ETF ( SPYD) 3.75% divies is a good ETF . Has the 80 higher dividend companies in the S&P 500 and very diverse ETF with lots of energy stocks , nat gas, real estate and banks.
But the fruits of the spirit is love, joy, peace, patience, kindness, goodness,faithfulness, Gentleness and self control. Against such things there is no law. Galations 5: 22&23
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Joined: Jan 2002
Posts: 10,612 Likes: 1
Campfire Outfitter
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Campfire Outfitter
Joined: Jan 2002
Posts: 10,612 Likes: 1 |
Guy on the radio was talking about investment opportunities insurance companies provide. High rate of return with no danger to your capital! I would check it out.
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Joined: Apr 2019
Posts: 264
Campfire Member
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Campfire Member
Joined: Apr 2019
Posts: 264 |
Can’t believe no one’s suggested it yet, but hookers and blow? How much have you made off that ? Please share with us.
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Joined: May 2011
Posts: 56,359 Likes: 9
Campfire Kahuna
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OP
Campfire Kahuna
Joined: May 2011
Posts: 56,359 Likes: 9 |
Aside from the usual insults and drunken tirades from the usual suspects thank you all very much.
_______________________________________________________ An 8 dollar driveway boy living in a T-111 shack
LOL
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Joined: Mar 2011
Posts: 1,957
Campfire Regular
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Campfire Regular
Joined: Mar 2011
Posts: 1,957 |
Don’t underestimate the raccoon market it’s a winner fur sure
Only Dead Fish Go With The Flow
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Joined: Feb 2013
Posts: 21,950 Likes: 13
Campfire Ranger
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Campfire Ranger
Joined: Feb 2013
Posts: 21,950 Likes: 13 |
Aside from the usual insults and drunken tirades from the usual suspects thank you all very much. I am glad you appreciate the advice... And I am super happy for you about your new found wealth... $850,000 is a really good lick! Or... you are full of chit... like every other time.
If you are not actively engaging EVERY enemy you encounter... you are allowing another to fight for you... and that is cowardice... plain and simple.
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Joined: Feb 2013
Posts: 21,950 Likes: 13
Campfire Ranger
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Campfire Ranger
Joined: Feb 2013
Posts: 21,950 Likes: 13 |
Don’t underestimate the raccoon market it’s a winner fur sure When I was a boy I sold raccoon meat... and muskrat. Never got rich, but bought a few weapons with the money I made. West Point, VA 1981.
If you are not actively engaging EVERY enemy you encounter... you are allowing another to fight for you... and that is cowardice... plain and simple.
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Joined: Feb 2013
Posts: 21,950 Likes: 13
Campfire Ranger
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Campfire Ranger
Joined: Feb 2013
Posts: 21,950 Likes: 13 |
But alas... .GOV has shut down the practice since then... bastards Black Market Raccoon meat
If you are not actively engaging EVERY enemy you encounter... you are allowing another to fight for you... and that is cowardice... plain and simple.
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Joined: Oct 2011
Posts: 1,153
Campfire Regular
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Campfire Regular
Joined: Oct 2011
Posts: 1,153 |
Mutual Funds! Exactly which kind of MF depends on what your intentions are to do with the money.
NRA Benefactor Member
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Joined: Nov 2015
Posts: 1,786
Campfire Regular
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Campfire Regular
Joined: Nov 2015
Posts: 1,786 |
Pretty much what I did with the last $850k.
Rural land, lead, brass, primers, powder, gold, silver, freeze-dried food, freeze drier, tractor, chainsaws, generators, solar panels/batteries/inverters/charge controllers, a well, a pond....and some fake fiat currency (USD) to light fires with.
Rinse and repeat.
USMC 0351
We know the price of everything and the value of nothing.
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Joined: Feb 2009
Posts: 988
Campfire Regular
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Campfire Regular
Joined: Feb 2009
Posts: 988 |
Well, I haven't read all of the comments but,..........If you are asking this question on this forum. what you need is a GOOD FINANCIAL ADVISOR!!!
Someone who has advanced financial credentials (CFP/CFA+) and more, is well regarded by people you trust and has clients who have millions of dollars to invest with him/her and their firm.. And has a clean record with the feds. Somebody who didn't start yesterday and has clients similar to yourselves. It should be put in a "balanced account over time" And, right now, wouldn't be a bad time to start the process. Be sure to interview several folks. Good Luck to you.
NRA Life Member "Use Enough Gun"- Robert Ruark
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Joined: May 2011
Posts: 56,359 Likes: 9
Campfire Kahuna
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OP
Campfire Kahuna
Joined: May 2011
Posts: 56,359 Likes: 9 |
For those suggesting silver, do you buy low/sell high or just hold long term? Is that a real question or just a fugging moron wammering for attention? This. If there really was $850,000 the T1-11 would get replaced. I'm learning from people smarter than myself. You should try it sometime.
Last edited by Fireball2; 08/12/22.
_______________________________________________________ An 8 dollar driveway boy living in a T-111 shack
LOL
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Joined: Feb 2013
Posts: 21,950 Likes: 13
Campfire Ranger
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Campfire Ranger
Joined: Feb 2013
Posts: 21,950 Likes: 13 |
I'm learning from people smarter than myself. That is a great approach to gaining wisdom... Is there a list of people dumber than you available?
If you are not actively engaging EVERY enemy you encounter... you are allowing another to fight for you... and that is cowardice... plain and simple.
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