Financial/Investment Advice please: best way to invest $65-75k?

Put it on black

If it were me at this present time, I would buy physical silver.

Definitely some gold and silver bullion, 5 acres of rural land with natural water source, a tiny home (won’t have to pay rent), and a condo in Mexico or Central America for when SHTF. Some small crypto bets like XRP ADA or XLM might be wise. Land is always the best investment.

Thank you, have heard this advice a few times as well. Appreciate the input!

Interesting, and makes sense. Some more digging to do, thanks very much for your input!!

Also, $2-3k for a handgun, rifle, ammo, and 3-12 months worth of food.

She is only 18? Spend it on college tuition and living expenses. A good education pays the best interest. . Get an MBA.

Good additions. Thank you!

Appreciate the input.

Hookers and cocaine. It will be the best 24 hours of your life.

Sgsi. Will be 5 to 10 bagger within a year.

Amc. Will double in a week or 3.

Sun pays 10.5% dividend.

Awesome. Thank you so much for the info!!!

OK, I am an old guy who has seen a lot of cycles, oil up/down, commodities up/down, RE up/down.

My advice to your kid:

1. Invest in yourself. If you need dental care, medical care, a better diet, a gym membership, or whatever. Good health is priceless although most of it is simply self discipline.

Education for sure. Short courses or college or even things like a survival course. No education is ever a waste.

2. Security. Food, meds, firearms if old enough.

3. Investments for this new Great Depression. Yes, I have an MA in Econ and we are IN a world wide depression. The pandemic and runaway gov spending are creating bubbles in stocks, RE, commodities, etc.

Bubbles WILL pop.

The MOST conservative investments are rural RE, especially farmland or timberland and precious metals, of which silver is the most undervalued.

Do NOT trust paper assets since the markets are manipulated.

If I could go back and teach the younger ME what to do, I would have started a small biz earlier. Start with a very small investment like something you can do out of your garage or home.

BTW, my first company was a vending machine enterprise and I made over $100K/yr with no employees.

Physical silver, Doge, Cardano.

Buy either PHYSICAL GOLD OR SILVER. One box of green monster us dollars going to run 30K or so...maybe more. Shop around.

10K in PSLV. Physical held in Canada (outside US)

10K liquid/cash...outside of banking system. You can put 5K in postal money orders which can be redeemed at any post office...and if lost are replaceable.

The rest, put in Taiwan Semiconductor (TSM). They are partnering with AMD and will be the new INTEL. Look at their 5 year chart. It's going to explode the next 5 years as semiconductors are going into everything. Intel is done.

Rock solid, low risk and your precious metals are going to double and triple within the next two years.

Don't try to divide the equities...there isn't enough to split. Pick ONE good stock and go with it.

ALSO and very IMPORTANT..when you buy the TSM or whatever, have the stock registered directly to your daughters name, not held in street name. Too many brokers will be gone in the next few years when the fiat collapses.

I invested a little over $1 million this way at TD Ameritrade. I hired an investment adviser to manage it for about $1,000 a year.
Last year it made $114,000. I started doing this in 2012 and I am almost at $2 million now.

Here's the BEST advice on here today.


Go consult with a pro.

Yes, definately have a investment adviser handle it.
It may seem expensive with all the fees and stuff, but these people have the knowledge and inside information that we don't have.
You will make more money using one.

Personally I would steer clear of the stock market right now, it’s highly volatile, and focus on hard assets. Some hard assets appreciate like bullion while others depreciate like cars.

I have never found an investment advisor who helped me invest better than I have with my own research. When I was buying real estate they were steering me toward investments that their firm’s were promoting. These investments were really in the best interest of the brokerage and not me. My choice to purchase RE, physical metals and solid ETF’s have surpassed any recommendations I have ever received.

If you chose an advisor, make sure they are not swimming in personal debt, living in an apartment and wearing cheap shoes. A better choice for an advisor is to find a personal mentor. Find someone in your family, friends or business associates who is where you aim to be in life. You might be surprised that people are eager to share their guidelines and life lessons with someone who is looking to learn.

We knew an older gentleman who was a friend of our family. He had a successful business he built from the ground up and invested in real estate in NYC, Florida and Palm Springs. We learned more from him over 20 years knowing and mentoring with him than we could ever have from a paid advisor.

Last Edited by SmoothSailing on 03/02/2021 05:34 AM

I really appreciate your response. Thanks for sharing your experience with a younger generation eager to learn!

Adding this to my notes....

Wow, lots of research for me to do!

Thank you sincerely for the input, much appreciated.

That is incredible. Thank you for sharing!!!

I see the value in that. My concern is deciding WHO... all these notes from others help me weigh options and are really helping educate me.

Thank you both.

I'm certainly concerned about that aspect of the market, and just not knowing what is around the corner based on the way things are.

Thank you!

Do what Warren Buffet suggests ordinary investors do. Invest in low cost index funds like Vanguard 500 (Voo) or Vanguard International stock.

These funds contain thousands of stocks and mimic the performance of various indexes like the S&P 500, Europe and Asian market or sectors like energy, Tech, defense etc.

Never buy a single stock or other investment. Always spread you eggs in a wide variety of baskets.

Go here www.bogleheads.com

You nailed it; that's my biggest concern, is hiring blind and not knowing how good the advisor actually is.

All this input from everyone helps shed light on options I hasn't considered or need to research further.

Gold and silver are taxed at 28%. Investments are taxed at 15% ish.

Thank you, I was on that website yesterday!

Appreciate the insight.