You last visited December 3, 2008, 5:39 pm
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What kind of STOCKS would you invest in?
United States Member #13375 March 30, 2005 1100 Posts Offline
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| Posted: August 18, 2008, 9:01 pm - IP Logged |
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No one has said Gold Bullion ?? I hadn't replied yet. 
In the context of stocks, that would fall under 'resource' stocks. Prince of Insufficient Light ~ Ruler of Heck
"The Earth moves around the Sun." -- some 'crazy' guy, 1632
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United States Member #4963 May 30, 2004 2436 Posts Offline
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| Posted: August 18, 2008, 9:20 pm - IP Logged |
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I hadn't replied yet. 
In the context of stocks, that would fall under 'resource' stocks. THANK'$$$$$$ for not MAKING-UP-UR-MIND>>>>>>>>>>>TT:::::::::::::::
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New Member United States Member #64214 August 5, 2008 10 Posts Offline
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| Posted: August 18, 2008, 9:42 pm - IP Logged |
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I would not want to have to worry about investments if i hit it big. I don't have any desire to become a billionare, nor would i want to have to worry about keeping track of "how i'm doing". I'd probably put 90% in low risk bonds and CD's and be able to live comfortably off the interest earned ,and will the principal to our children
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United States Member #61017 April 21, 2008 158 Posts Offline
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| Posted: August 18, 2008, 10:11 pm - IP Logged |
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I would not want to have to worry about investments if i hit it big. I don't have any desire to become a billionare, nor would i want to have to worry about keeping track of "how i'm doing". I'd probably put 90% in low risk bonds and CD's and be able to live comfortably off the interest earned ,and will the principal to our children i'm with you. I'm fine with savings bonds, savings accounts and CDs. I dont care about making more $$ with my winnings, i just want to reasonably enjoy what i do have. I'm too ignorant about stocks to do all of that anyway.
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Northern Ohio United States Member #64047 August 1, 2008 133 Posts Offline
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| Posted: August 19, 2008, 1:31 am - IP Logged |
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I would want to make as much money as possible before I pass on. I would put everything into creating a dynasty that my children, then their children, then their children and so forth could live off of wealthily. I would want my great great grandchildren going to the best private schools in the country and becoming professors, entrepreneurs, senators and governors. This is why if I won a mega jackpot I'd focus on becoming a billionaire.
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United States Member #41809 June 16, 2006 1567 Posts Offline
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| Posted: August 19, 2008, 2:41 am - IP Logged |
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The higher the dividends are, the higher the risk, usually. Those are the "wealth doublers" so to speak, but can also put you in the poorhouse. You gotta watch out for those. Um, WRONG.
Stocks that have high variations of dividends from month-to-month or qtr-to-qtr are the ones to watch out for, but there are some great stocks that pay a pretty good AND EVEN dividend each time they are scheduled.
You don't want something that pays .05 one qtr, 1.75 the next, .10 the next, .50 the next, 1.50 the next - total inconsistency - THOSE you have to avoid.
Of everything I am in, to name two I have been in 'forever' are PBT and BPT - both have paid me quite well - over 10%. I took some profits in these a month ago, but still have some major holdings in them.
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United States Member #41809 June 16, 2006 1567 Posts Offline
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| Posted: August 19, 2008, 2:47 am - IP Logged |
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I would want to make as much money as possible before I pass on. I would put everything into creating a dynasty that my children, then their children, then their children and so forth could live off of wealthily. I would want my great great grandchildren going to the best private schools in the country and becoming professors, entrepreneurs, senators and governors. This is why if I won a mega jackpot I'd focus on becoming a billionaire. So you basically don't want your family to ever know what it's like to actually have to EARN something ?
To each their own, but I'd never do that in a million years.
Just because you 'have money' and could afford the best schools means NOTHING - I can give you all kinds of stories of some of my friends - some of them inherited enough they never have to work, but most of them do actually contribute to society, and I also have some very well-off friends who snorted almost all of it away. If you think all it takes to become a Senator or Governer is MONEY, you better wake up, because there are a TON of multi-multi-millionaires that have run for everything from City Council to President, and have been killed at the voting booth.
Are you related to Pumpi76 ?
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MI United States Member #55299 August 31, 2007 586 Posts Offline
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| Posted: August 19, 2008, 4:32 am - IP Logged |
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If you're going to leave anything to offspring/grand kids would you think it might be better to keep it locked up the inheritance until after they reach a certain age? Something more than just 18 or 25. Perhaps with conditions such as actually earning something first and not be reliable on your late mommy or daddy's trust.
Oh and yeah, there's no way you're going to be able to hide it from family, it's going to be pretty obvious who the money is coming from unless they don't know you. With odds like 1 in 175,711,536 how can I lose?!
You can't predict random.
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New Member United States Member #64214 August 5, 2008 10 Posts Offline
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| Posted: August 19, 2008, 10:08 am - IP Logged |
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If you're going to leave anything to offspring/grand kids would you think it might be better to keep it locked up the inheritance until after they reach a certain age? Something more than just 18 or 25. Perhaps with conditions such as actually earning something first and not be reliable on your late mommy or daddy's trust.
Oh and yeah, there's no way you're going to be able to hide it from family, it's going to be pretty obvious who the money is coming from unless they don't know you. Definately! I would think 40 years old would be long enough to make them wait and have to make there own way in life.
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United States Member #28776 December 15, 2005 1060 Posts Offline
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| Posted: August 19, 2008, 11:00 am - IP Logged |
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Definately! I would think 40 years old would be long enough to make them wait and have to make there own way in life. I want to take the cash lump sum but invest it in the same government securities the lottery Commission does. , Anyone know which government securities they are talking about when they say that is where they invest the money? I would really like to know. Let it snow! Let it snow! Let it snow!
Happy Holidays Everyone!
(It's my favorite time of the year now.)

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