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-   -   Where would you put $70k? (http://forums.pelicanparts.com/showthread.php?t=1158480)

KFC911 03-09-2024 05:24 AM

Quote:

Originally Posted by Aurel (Post 12209645)
To maximize income, I would use SVOL. This puppy will yield 30 cents a share every month, currently trading at $22.64. So $70k would generate $927/month. That is 16%/yr yield!

For elderly parents (mine are 88 yrs old)?

Yer fired :(!

edited: I misread a synopsis regarding equities exposure. The fees on this one are redonkulous for an ETF tho and it's brief history shows volatility that doesn't meet my parents' needs either...

Nope!

Aurel 03-09-2024 05:31 AM

Quote:

Originally Posted by KC911 (Post 12209647)
For elderly parents (mine are 88 yrs old), and it has 100% exposure to equities?

Yer fired :(!

Haha! I just floated that one around to see the reactions…I said I would do it, with my own high risk tolerance.

KFC911 03-09-2024 05:36 AM

Quote:

Originally Posted by Aurel (Post 12209652)
Haha! I just floated that one around to see the reactions…I said I would do it, with my own high risk tolerance.

I get it :). I've done some risky stuff for myself over the years too .... but treat my parents' trust in me a bit differently.

gregpark 03-09-2024 11:19 AM

Quote:

Originally Posted by GG Allin (Post 12209303)
2 lbs of physical gold.

This

hierogk 03-24-2024 07:44 AM

Pork bellies

3rd_gear_Ted 03-24-2024 08:34 AM

What are the odds of winning a Roulette bet?

The payout is 5:1, and the odds are 16.22% and 15.79% for European and American Roulette.

$350K or nothing. Just like a .180 average hitter hitting a homer.

Targa68 03-24-2024 09:44 AM

God's physical money!

gregpark 03-24-2024 10:22 AM

70% gold, 25% silver, 5% processed brass and lead

Targa68 03-24-2024 10:27 AM

http://forums.pelicanparts.com/support/smileys/clap.gif

orangeguy26 04-14-2025 12:16 AM

I split mine between my Roth IRA and a mix of index funds, but I also peeled off a tiny chunk for some fun stuff, like cheap csgo skins. It's been a surprising way to chill out on weekends. Rest went into boring adult stuff like repairs and paying down the mortgage.

WPOZZZ 04-14-2025 01:16 AM

I'm gonna do something stupid and buy an early 930 turbo.

KFC911 04-14-2025 01:50 AM

Quote:

Originally Posted by WPOZZZ (Post 12446818)
I'm gonna do something stupid and buy an early 930 turbo.

Perfect for Honolulu traffic ... leave some for that China trip too!

Buts :D

WPOZZZ 04-14-2025 02:08 AM

Quote:

Originally Posted by KC911 (Post 12446819)
Perfect for Honolulu traffic ... leave some for that China trip too!

Buts :D

Midnight runs! Like I did with all my turbos. lol


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