If you’re like me and read a lot of forums (whether stocks or real estate), a common question that always comes up is, “If you had x amount of money, how would you invest it?”
So, I thought this would be a great question to ask the readers of this site. Just as an arbitrary figure, suppose that you had $100,000 in readily accessible funds to invest with today. What would you do?
The most common answers I come across are typically: individual stocks (such as dividend growth stocks), index funds, single family homes, multi-family homes, or commercial real estate.
But perhaps your outlook for 2015 and beyond isn’t so bullish… In that case, would you stash the cash and wait for a substantial market pullback? Invest only half the funds? Or, as an even more defensive play, shelter the capital in gold/silver? Are bitcoins still en vogue?
What about peer-to-peer lending? Or would you, instead, be the bank and act as a hard money lender? Start your own business?
So many options… And what would your underlying goal be with the $100k? Build passive/semi-passive income? Bet on future appreciation? Or, find a safe haven and wait for better opportunities to present themselves in the future?
I would love to hear your own thoughts and strategies for 2015 and beyond! I’m still working through my own plan, and will share with everyone when I release the 2015 Goals post!