Investments

Js118 · Jul 21, 2023

Anyone on here a financial advisor/ broker, seasoned investor ? I have a relatively substantial sum of money I would like to invest and don’t really know what to do.

01dragonslayer · Aug 5, 2023

Careful..... you just opened yourself up.

My advice......do some research on local investment companies.....ones in your area and meet in person with an advisor.

Js118 · Aug 14, 2023

01dragonslayer said:
Careful..... you just opened yourself up.

My advice......do some research on local investment companies.....ones in your area and meet in person with an advisor.

I did that, I actually met with 2 and they both gave me really basic stuff. high yield saving/ treasury ladders and mutual funds.

I appreciate you looking out, definitely going to do my own due diligence and not just invest my money in anything because some random person said to.

01dragonslayer · Aug 14, 2023

High yield investments?.....how old are you?

Js118 · Aug 15, 2023

01dragonslayer said:
High yield investments?.....how old are you?

High yield savings. They wanted me to keep my emergency funds in there as it earns ~4%. I’m in my 30’s

01dragonslayer · Aug 15, 2023

T

Js118 said:
High yield savings. They wanted me to keep my emergency funds in there as it earns ~4%. I’m in my 30’s

He younger you are the more opt they want you to invest in high risk plans. Which makes much sense.

Js118 · Aug 15, 2023

01dragonslayer said:
T

He younger you are the more opt they want you to invest in high risk plans. Which makes much sense.

As far as I can tell the high yield savings isn’t even a risky investment. It’s FDIC insured and it’s with one of the top 3 banks in the US. It’s all the mutual funds they were pushing that got me concerned given the stock market forecast.

Aokynse · Oct 29, 2024

A while back, I faced a similar dilemma and decided to explore a trader-centric approach to proprietary trading. It’s been a game changer for me! I’ve learned a ton about strategies that are especially useful for professional day traders, which helped me make more informed decisions. You can bounce ideas off others and learn from their experiences. If you haven't already, consider seeking out resources or even a mentor in this space. Sometimes, just having someone to guide you through the complexities can make all the difference.