Posted by: GeetMaiJawaafDiu? December 29, 2016
I have 211K to invest
Login in to Rate this Post:     0       ?        
With over $210k in nest egg, you could become a millionaire in the next 10 years with a large cash pouring in, enough to cover living expense, if you can pick some winning investments. Investing is like Buddhism, you commit to only ideas or things you truly understand and have strong conviction for. Until I find an investments worth considering, I would park that arranged-marriage loot in some safe investment vehicles like CDs, or short-term bonds. Before buying investment properties or land in Nepal, I would set up support or business links over there. Gotta minimize those overhead costs like travels associated with owning long-distance investments. "Diversify"??? - my understanding is that it is a futile attempt at insurance against ignorance - chances are you will end up "deworsiying". Investments should not be like Obama-hope, it should rather be about taking on a calculated risk with high probability of outcome in your favor. Otherwise, it is akin to going to soak in some glitter at that new casino across the river.
.
Read Full Discussion Thread for this article