▲ 118 ▼ What can I do with US$10K that is a good investment? (lemmy.world) submitted 2 years ago* (last edited 2 years ago) by robocall@lemmy.world to c/nostupidquestions@lemmy.world 95 comments fedilink hide all child comments Edit: update I decided on a CD. I may do an index fund in the future. This was a short commitment and easy to understand. Thanks everybody.
[–] Grayox@lemmy.ml 1 point 2 years ago* (1 child) Ive thought about doing that with my IRA, has the market negatively impacted your yields at all? permalink fedilink source parent hideshow 2 child comments replies: [–] MrEff@lemmy.world 1 point 2 years ago (1 child) When it is easy bull markets, I go heavy on growth stocks. When the market is bear, I go heavy on dividends. Right now though there is a high beta turmoil, so I have a mix of both. My IRA is also set up as more od a "leave this alone" investment. My etrade account has my "fuck around and find out" money. I mention this because it is hard to directly compare the two. So far my dividends have strongly out performed the growth stocks, but only in the last 3 months or so has the gap widened. I credit it to 2 specific ones that are getting me 30%-ish yields with stable prices. They are also new etf's, so the hedge money is still strong before the stripping gets to its prices. I mentioned in a post lower that that my little under 30k is netting me 800/month. Honestly it is paying a higher yield than renting out my condo is getting me. permalink fedilink source parent hideshow 2 child comments replies: [–] Captainvaqina@sh.itjust.works 0 points 2 years ago Thanks for this, 30% is crazy to me. Which ETFs are these two if you don't mind me asking? permalink fedilink source parent
[–] MrEff@lemmy.world 1 point 2 years ago (1 child) When it is easy bull markets, I go heavy on growth stocks. When the market is bear, I go heavy on dividends. Right now though there is a high beta turmoil, so I have a mix of both. My IRA is also set up as more od a "leave this alone" investment. My etrade account has my "fuck around and find out" money. I mention this because it is hard to directly compare the two. So far my dividends have strongly out performed the growth stocks, but only in the last 3 months or so has the gap widened. I credit it to 2 specific ones that are getting me 30%-ish yields with stable prices. They are also new etf's, so the hedge money is still strong before the stripping gets to its prices. I mentioned in a post lower that that my little under 30k is netting me 800/month. Honestly it is paying a higher yield than renting out my condo is getting me. permalink fedilink source parent hideshow 2 child comments replies: [–] Captainvaqina@sh.itjust.works 0 points 2 years ago Thanks for this, 30% is crazy to me. Which ETFs are these two if you don't mind me asking? permalink fedilink source parent
[–] Captainvaqina@sh.itjust.works 0 points 2 years ago Thanks for this, 30% is crazy to me. Which ETFs are these two if you don't mind me asking? permalink fedilink source parent