| Author | Thread |
|
|
03/14/2012 07:32:44 PM · #1 |
We're all getting older.
So where do you suggest we invest to grow some cash for our old age?
High risk, medium risk, low risk... Name your game.
For the young, middle, and older-aged folk.
ETA... I see investment articles every day from big-name pro's listing past suggestions and heir current worth. It is very rarely pretty! My brother is Mr.PlayItSafeIndexWhore. I'm a gambler. He gave me a book called, "A Random Walk Down Wall Street", which formed his opinion.
Message edited by author 2012-03-14 19:43:37.
|
|
|
|
03/14/2012 07:36:24 PM · #2 |
I've got one word for you: Plastics.
Message edited by author 2012-03-14 19:36:49. |
|
|
|
03/14/2012 07:38:54 PM · #3 |
Originally posted by DrAchoo:
I've got one word for you: Plastics. |
Thank you so much !!! :-D
But seriously, DrAchoo... Health Care is something I'm consdering, as, again, we're all getting older. ;-)
Message edited by author 2012-03-14 19:48:49.
|
|
|
|
03/14/2012 08:08:10 PM · #4 |
Should we invest in a REIT ETF, or some such, if we're already invested in a house in a very desirable location?
|
|
|
|
03/15/2012 09:38:51 AM · #5 |
| If you're looking to put your money into individual stocks in the medical field, you should look at Stryker (Stock symbol: SYK). They make medical devices and medical equipment. |
|
|
|
03/15/2012 10:47:27 AM · #6 |
Originally posted by Spork99:
If you're looking to put your money into individual stocks in the medical field, you should look at Stryker (Stock symbol: SYK). They make medical devices and medical equipment. |
I pass by one of their production facilities very now and then. Busy as ever. Father in law is a podiatrist and Swiss their products all the time. I'm thinking of buying me some stock |
|
|
|
03/15/2012 10:49:07 AM · #7 |
The energy sector has been booming for years, and should continue to do so....unless Iran attacks/messes with that strait all the Middle eastern oil goes through...
I don't play with stocks individually though. Too volatile and things can die quickly. Too much risk for me. My 401k is in a target retirement fund(90% stock), I've got a mutual fund for my Roth IRA that's pretty much across the board and a bit of company stock. (I still have 25 or so years till retirement if you are wondering where I'm at right now)
|
|
|
|
03/15/2012 10:51:57 AM · #8 |
Actually I have been successful with tech stocks...I also like dividend stocks.
|
|
|
|
03/15/2012 12:54:40 PM · #9 |
Diversification is good. However, some investors like to pick individual stocks which is what Slippy was asking about.
Originally posted by bflo_guy:
The energy sector has been booming for years, and should continue to do so....unless Iran attacks/messes with that strait all the Middle eastern oil goes through...
I don't play with stocks individually though. Too volatile and things can die quickly. Too much risk for me. My 401k is in a target retirement fund(90% stock), I've got a mutual fund for my Roth IRA that's pretty much across the board and a bit of company stock. (I still have 25 or so years till retirement if you are wondering where I'm at right now) |
|
|
|
|
03/15/2012 12:59:01 PM · #10 |
Look at their performance. I don't think many companies have sustained long term growth the way Stryker has. They run a tight ship.
Disclaimer: I worked for them designing production test equipment in their surgical instruments division and I know people that are currently working there.
Originally posted by IAmEliKatz:
Originally posted by Spork99:
If you're looking to put your money into individual stocks in the medical field, you should look at Stryker (Stock symbol: SYK). They make medical devices and medical equipment. |
I pass by one of their production facilities very now and then. Busy as ever. Father in law is a podiatrist and Swiss their products all the time. I'm thinking of buying me some stock |
|
|
|
|
03/15/2012 01:06:03 PM · #11 |
| I've been riding the RIG roller coaster for a while now, buying on the dips. This YTD it has risen as much as AAPL. Last year, of course, was a different story. |
|
|
|
04/20/2012 06:53:42 PM · #12 |
| I hope you brought your big boy pants if you bought AAPL Slippy. It's been a wild ride. |
|
|
|
04/20/2012 08:01:02 PM · #13 |
Personally, I listened to my dad who told me "If you have some spare money and get a chance to do it... buy land...they don't make any more of that.
Over the years I purchased land in three Canadian Provinces and two States... best move I ever made since I sold lots on one property to a developer... he built a house, I got paid... he built another ... I got paid.
Everyone was happy...particularly me.
Ray |
|
|
|
04/20/2012 08:48:38 PM · #14 |
Im lookin into buying a REIT...here pretty soon. This for me will be treated as a long term thing.
|
|
|
|
04/20/2012 11:38:25 PM · #15 |
| REITs are as variable as any investment tool. You can buy a small part of a big one and ride the slow wave of the national multispectrum market, or you can buy a bigger slice of a smaller pie that targets very specific part of the market. If you bought into the secondary mortgage primary residence market ten years ago, you are now underwater, if you put the same cash into the right cities in the rental market, you did great. Know what you REIT is investing in, they are too often a method of mortgage holders to securitise their existing debt. Make sure the portfolio of real estate investments are serving the investors, not buying stale debt. |
|
Home -
Challenges -
Community -
League -
Photos -
Cameras -
Lenses -
Learn -
Help -
Terms of Use -
Privacy -
Top ^
DPChallenge, and website content and design, Copyright © 2001-2025 Challenging Technologies, LLC.
All digital photo copyrights belong to the photographers and may not be used without permission.
Current Server Time: 08/13/2025 03:02:00 PM EDT.
