4 ms·
In my opinion, 100k is too little for real estate/rent. I would put 60k in risky, short-term investments such as early-stage startups and some Wall Street fund
by dshankar 16y ago
In my opinion, 100k is too little for real estate/rent.
I would put 60k in risky, short-term investments such as early-stage startups and some Wall Street funds. The rest 40k would go into long-term safe bets.
- deathflute 16y agoHow can I make short-term investments in early stage startups?
- rradu 16y agoMeet people in the startup community Or sign up for AngelList - http://angel.co/ http://angel.co/
- geekinthecorner 16y agoBefore you get to the point of scouting for deal you need to be able to show bank records proving you've grossed $200k/year (or $300k/year if you're married) for the previous two years, or have over $1m in assets. This is because our great grandparents got bilked, and as usual, we're paying for the sins of people who died before we were born. These numbers were set by old white men in 1982 to make sure the only other old white men could invest in this manner. The same rich old white men, and their rich white children are now trying to adjust that for inflation, which would mean something like $450k/year in gross income or $2.5m in assets. Look up Rule 501 of SEC's regulation D. Then smash something. I did.
- adamjernst 16y agoI agree about real-estate. However, early-stage startups are multiple orders of magnitude away from Wall street funds on the risk scale. You're probably 75% likely to lose your entire investment in a startup. Losing > 80% of a balanced Wall Street investment will only happen if another depression hits, and at that point everyone is screwed anyway.
- _delirium 16y agoStart-ups will be hard to invest in if you aren't an accredited investor, though, which most people with only $100k to invest won't be.