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Real estate and business investments are illiquid, often hard to value, and require constant work. Consider the stock market instead. I like ETFs: spy dia qqqq
by rphlx 17y ago
Real estate and business investments are illiquid, often hard to value, and require constant work. Consider the stock market instead. I like ETFs:
spy dia qqqq uso dba ung tlt jnk slv gld ewa adre fxi
$200k of JNK provides >$2000/mo interest income.
Of course, you should diversify. Follow macro trends, use multi-week or multi-month investments, don't daytrade or try to pick individual companies. Aim for long term capital gains.
Use tight risk control (trailing stops etc). I highly recommend automated trading as it reduces human emotional errors. Run a model real-time (rather than backtesting) before using it on real money. etc.