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What would you do with $50,000 in cash right now?
2010 Oct 17, 11:53am 25,240 views 42 comments
by nope follow (0)
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Not to mention with 50K you would be highly leveraged with forex! You couldn't even buy one lot with that!
Forex is a zero sum game for those who don't realize this. It's like a poker game where everyone chips in $50. If there are 6 players, there will be $300 between them at *ALL* times. One might have $250 while 5 others have $10, but the total will never go up or down. So the best "forex" trader wins.
Gold miners
Potash Companies
Wait for oil to go below $70 and load up on solid companies there.
After Potash of Saskatewan BHP bid price spike, I sold and moved into Potash One, a Canadian stock. Potash One is now getting bought out. I sold again. There seems to be a big move to swoop up Potash companies in the face of rising agricultural commodities and the need for larger crop yields. Potash is the easy route to increase yields. I'm now going to look into a speculative play involve exploration companies for Potash. Potash isn't easy to find, but when you do find it, you find it in ridiculously large quantities due to the geological nature of the formation of Potash deposits. Any company that makes a discovery is going to be a home run. In the meantime, I might as well try to find the next Potash company to be bought out.
If I had to revise my thesis for suggesting how to invest $50k, at this point, I'd go.
20% Physical Silver
10% Physical Gold
20% Precious Metals Mining Stocks
10% Potash Companies
10% Natural Gas Energy Companies
10% Petroleum Companies (Large Cap)
10% Singapore Dividend Paying Stocks
5% Switzerland Dividend Paying Stocks
5% Japanese Stocks (I'm taking Marc Faber's advice on betting on yen depreciation & Japanese equity inflow)
Meanwhile, the reality is, rather than diversify, I continue to sit overweight precious metals/mining stocks.
Future Cash Buyer
@
2010 Dec 11, 3:02am
buy stable and high dividend stocks. like tobacco comanies.
carrierpigeon
@
2010 Dec 13, 11:03pm
As the Treasury prints money hand over fist and the fiat currencies around the world are being diluted constantly in the historical fashion of currencies that have wound toward unsustainability, have you studied physical metals? When you see what ALL the markets have done over the last decade and compare that to holding physical metals the decision to put that $50k into PARTICULARLY physical bullion silver is a NO BRAINER. Take a little time and read the following article and peruse the website focusing on the fundamentals of where silver is now and where it is headed and WHY. This is NOT a hard decision.
http://www.industrymailout.com/Industry/View.aspx?id=245442&q=264546678&qz=3f9465
$50,000 in cash - Take $40,000 and put it into a target date fund from Vanguard, Fidelity or T. Rowe Price, use a small portion for necessity and bills and a small portion for fun.
TechGromit
@
2010 Dec 16, 9:56pm
On second thought, enjoy life while you can, I say spend it on Drugs and Hookers.
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I currently have $50,000 sitting in a savings account that pays less than 1%.
This is basically a safety net. I have very little fear of losing my job, but you never know -- shit happens.
So, I'm looking for something that is liquid enough that I can get access to it in under two weeks if I need it, but which still gives me a better return, ideally at least keeping up with inflation over the next few years.