Need advise from MGTOW Investors

Topic by MGTOWmonkey aka No More Fucks To Give

MGTOWmonkey aka No More Fucks To Give

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This topic contains 53 replies, has 22 voices, and was last updated by MGTOWmonkey aka No More Fucks To Give  MGTOWmonkey aka No More Fucks To Give 1 year, 8 months ago.

Viewing 20 posts - 1 through 20 (of 54 total)
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  • #797295
    +8

    Since I don’t have a nagging girlfriend, never a wife, and only limit females to happy hour drinks (2 for 1) from time to time I have been able to pay off most debts and live a pretty stress free life. With that said I have accumulated around 30k towards my f~~~-you fund. The questions I have is what “safe” investments would you recommend that pay a decent dividend? Or what suggestions would you recommend because i’m looking to establish some passive income so I can really go my own way. Your input will be greatly appreciated.

    Never lose sight of what brought you here.

    #797299
    +4
    Buller100
    Buller100
    Participant
    2189

    I would feed into the stock market , decent funds.

    It evens out the risk,

    #797304
    +8
    NerdTunneler
    NerdTunneler
    Participant

    invest in yourself and learn more….Read several books to get into the mindset of an investor…Having money does not make one a smart investor…Try reading rich dad poor dad by robert kiyosaki…Hope it helps…Goodluck…

    I stand with feet apart and let my balls hang free...Manginas dont have balls...See how they stand and sit at the whim of their masters...

    #797307
    +4

    Try reading rich dad poor dad by robert kiyosaki…

    Will do.

    Never lose sight of what brought you here.

    #797310
    +5

    Anonymous
    7

    A ‘f~~~ you’ fund should be low risk, like bonds or Money Market. 30k is an impressive FU fund.
    Now, what you might consider is leaving the FU money alone and start investing in growth and income investments.

    Do your research, your risk tolerance is your own.
    I have a FU fund that is low risk but I also make car payments to myself using the same low risk funds Investments .

    At the same time I invest in growth and income stocks. Each have their own level of risk.

    In a nutshell don’t go risky with FU money or it won’t be FU money any more. In other words, pause the FU and branch out.

    Meh, just my .02

    #797312
    +9
    Foghornleghorn
    foghornleghorn
    Participant
    3449

    I would feed into the stock market , decent funds.

    It evens out the risk,

    In particular you want to look at low cost Index Funds, Vanguard under Jack Bogle pioneered these funds and there are several youtube videos you can find about Big Jack Bogle talk about these funds. They are not actively traded meaning there is no manager on the funds who is periodically trading trying to keep the performance high (of course this also comes with risk that can and will f~~~ you up). Index funds on the other hand simply follow a particular Index. For instance, the S&P 500 – when buying an Index Fund that follows the S&P 500, you are essentially buying into every company that lists itself on the S&P 500. You get a degree of diversification that way. Although I would add some degree of protection. Not sure how old you are or how much risk you are willing to take. I personally do a 80% Domestic 10% International and 10% Bond split but that’s because I am young enough to have the years ahead of me to where I can afford to take greater risks. You can adjust those percentages as you like. If you are more risk averse, up the investment in the Bonds and lower the investments in stocks. I would not advise putting everything into stock. Hedge your bets.

    Lastly, education is key, in the world of stocks what you don’t know can and will hurt you.

    #797317
    +4

    Lastly, education is key, in the world of stocks what you don’t know can and will hurt you.

    Will keep that in mind.

    Never lose sight of what brought you here.

    #797320
    +8
    Foghornleghorn
    foghornleghorn
    Participant
    3449

    Lastly, education is key, in the world of stocks what you don’t know can and will hurt you.

    Will keep that in mind.

    BTW, congratulations on not having a nag in your life. That sir is an achievement worth celebrating.

    #797327
    +4
    Deadly Raver
    Deadly Raver
    Participant

    Try reading rich dad poor dad by robert kiyosaki…

    Will do.

    I’ll save you a trip. Here’s the audiobook version:

    yeah I’m working on the F’U money fund too. I’m mainly going the Dividend route and to that end, Go to http://www.dividend.com to help you get the info you want.

    Learn from the past, Control the present, and you will know the Future.

    #797341
    +2
    Experienced
    experienced
    Participant

    with stocks it pays to have “stops” in place.

    "It seems like there's times a body gets struck down so low, there ain't a power on earth that can ever bring him up again. Seems like something inside dies so he don't even want to get up again. But he does."

    #797387
    +2
    Chris1234
    Chris1234
    Participant
    353

    IMO keep 6 months living expenses in cash (savings account). Maybe put the rest in vanguard and other funds (as mentioned), even get an ounce or two of gold as well. Nothing wrong with spreading it. Also keep saving and you’ll have a nice share portfolio and also enough for a deposit on some real-estate before you know it (if you want to go down that path).

    #797393
    +1
    Freeman_K
    Freeman_K
    Participant
    3524

    Buy some physical gold and silver, store it safe and forget about it. It keeps your wealth and while it does not pay dividends you get “peace of mind” dividends. You see things in society go wrong – NFG because you are basically betting at system collapse.

    The choices we make, not the chances we take, determine our destiny

    #797415
    +3
    Stealth
    Stealth
    Participant
    5330

    Grue and Foghornleghorn have it right.

    An independently wealthy man recommended “The Bogleheads’ Guide to Investing” as an introduction to how to do it. It corrected my thinking in a lot of ways.

    It is risky to chase dividend yields. Ask me how I know! An REIT that pays 8% might also decline in value by 40%, leaving you at a loss. It’s better to select high quality investments and maintain a long-term perspective, and rely on your job for income.

    "Once you’ve taken care of the basics, there’s very little in this world for which your life is worth deferring." -David Hansson. "It’s not when women are mean or nasty that anything is out of the ordinary. It’s when they are NICE to you that you have to be on high alert..." -Jackinov.

    #797420
    +3
    Ranger One
    Ranger One
    Participant
    16836

    Keep in mind, that while investing is a risk, NOT investing is ALSO a risk. What is the risk?

    Inflation. $100 in 2018 stuffed in a mattress, will not be worth $100 in 2020.

    Diversification is also a key. Properly diversification can be tricky. You want it such that if one sector of the economy takes a hit, you are invested in others that don’t. Somethings are connected: e.g. Home Depot might take a hit if real estate market takes a hit.

    You should own some silver and gold, but probably not more than 10% of what you will invest.

    All my life I've had doubts about who I am, where I belonged. Now I'm like the arrow that springs from the bow. No hesitation, no doubts. The path is clear. And what are you? Alive. Everything else is negotiable. Women have rights; men have responsibilities; MGTOW have freedom. Marriage is for chumps. If someone stands in the way of true justice, you simply walk up behind them and stab them in the heart-R'as al Ghul.

    #797431
    +2
    Stealth
    Stealth
    Participant
    5330

    PS. Passive income is that golden elixir in the sky that everyone dreams about but few people attain. After almost twenty years of seeking it, my opinion is in practice, it doesn’t exist.

    The closest most people come to a regular, reliable side income stream is rental real estate, which is so time-consuming that it is classified by most investors as a job.

    The most passive you can get is if you invest in long term growth index funds, you’ll find dividends around 1.5%. Which doesn’t sound like much, but your principle will grow over time higher than inflation. The more you invest, you accomplish two goals: you grow your net worth, and increase your dividend income. And if you hold a regular job that covers your bills, you can put those dividends right back where they came from, for further growth.

    "Once you’ve taken care of the basics, there’s very little in this world for which your life is worth deferring." -David Hansson. "It’s not when women are mean or nasty that anything is out of the ordinary. It’s when they are NICE to you that you have to be on high alert..." -Jackinov.

    #797464
    +1

    Great advise guys, I’m taking it all in.

    Never lose sight of what brought you here.

    #797473
    +3
    Stealth
    Stealth
    Participant
    5330

    Great advise guys, I’m taking it all in.

    That’s what she said…

    "Once you’ve taken care of the basics, there’s very little in this world for which your life is worth deferring." -David Hansson. "It’s not when women are mean or nasty that anything is out of the ordinary. It’s when they are NICE to you that you have to be on high alert..." -Jackinov.

    #797481
    +1
    Foghornleghorn
    foghornleghorn
    Participant
    3449

    Great advise guys, I’m taking it all in.

    That’s what she said…

    Haha, that is savage.

    #797508
    +2
    Branched off
    Branched off
    Participant
    10928

    Gold. It pays no dividend, you pay to keep it safe. It will get a lot more valuable as the “emperor’s new money” -fiat money (particularly the US dollar) goes down the tube as debt spirals to the point where it can be see the Western economies can never pay off their debt. Gold will never go bust on you.

    If you want to get into an overblown stock market, then buy low P/E companies that have a solid balance sheet and pay a solid dividend. Then put that onto a scrip dividend and forget for at least a decade, unless it all looks like it is about to go pear shaped and you want to get out early.

    Keep some cash or gold for after the next big crash as then the it will be a buyer’s market.

    A woman is like fire -fun to play with, can warm you through and cook your food, needs constant feeding, can burn you and consume all you own

    #797524
    +3
    MarketWatcher
    MarketWatcher
    Participant

    Pay off ALL of your debt now.

    I cannot add anything to the good advice you have been given so far, but isn’t it awesome to have f~~~ you money!

    That is how you do it. If s~~~ goes down you have a reserve. Keep saving you are doing well.

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