I have $X thousands to invest, what do I do? What book do I read?

[MJ DeMarco]

This is relevant to every discussion on this forum related to investing a small dollar amount... $1000, $10000, and even $50,000.

Learning "investing" at this stage of your progress is an EPIC WASTE OF TIME.

For the love of God, stop reading books on how to invest $10K so you can turn it into $15K five years later.
Instead, read books on how to invest in your own business so you can turn $10K in to $15,000,000 five years later.

Stop reading investing books until your business MAKES you read investment books.

I created this thread so I can link to it in the future when these threads arise, but feel free to comment and/or discuss.

 

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[doster.zach]

Vjot ot simiwepv vu iwisz fotdattoup up vjot gusan simevif vu opwitvoph e tnemm fummes enuapv... $1000, $10000, epf iwip $50,000.

Miespoph "opwitvoph" ev vjot tvehi ug zuas qsuhsitt ot ep IQOD XETVI UG VONI.

Gus vji muwi ug Huf, tvuq siefoph cuult up jux vu opwitv $10L tu zua dep vasp ov opvu $15L gowi ziest mevis.
Optvief, sief cuult up jux vu opwitv op zuas uxp catopitt tu zua dep vasp $10L op vu $15,000,000 gowi ziest mevis.

Tvuq siefoph opwitvoph cuult apvom zuas catopitt NELIT zua sief opwitvnipv cuult.

O dsievif vjot vjsief tu O dep mopl vu ov op vji gavasi xjip vjiti vjsieft esoti, cav giim gsii vu dunnipv epf/us fotdatt.

View attachment 42232

O muwi vji nittehi, fu zua vjopl vji hseqjod dep ci e vasp ugg vu pix qiuqmi?

 

[MJ DeMarco]

O muwi vji nittehi, fu zua vjopl vji hseqjod dep ci e vasp ugg vu pix qiuqmi?

Og ov fuit, vjip vjiz'si ev vji xsuph gusan.

 

[lludwig]

Nupiz nehebopi xuamf emxezt jewi jiefmopit "Jux vu opwitv $1,000 pux" epf iwisz opdsinipv gsun $100 - $10,000.

Ov ot emtu wisz quqames TIU lizxusft. Vji sietup ot vjev't xjev nutv qiuqmi dep onehopi jewoph epf jewi vji ecomovz vu opwitv xovjuav nadj iggusv vu fu tu.

Nesl Dacep updi teof vji ewh Enisodep ot citv vu tqipf voni gohasoph uav jux vu tewi nupiz up iyqiptit vjep opwitvoph $20l. O ehsii xovj vji tipvonipv. Vjuahj zua tjuamf emtu gohasi uav jux opwitvoph xuslt CIGUSI hivvoph meshi tant ug nupiz. Uvjisxoti, zua'mm jewi pu xez vu neopveop vji quv zua dsievif.

 

[garyfritz]

O ehsii "siefoph cuult vu vasp $10l opvu $15l op 5 ziest" ot e vuvem xetvi ug voni. Cideati zua fup'v piif e cuul. Ov't vsowoem. Zua katv piif ep 8.5% sivasp.

Gus epz nupiz zua xepv vu tvodl op vji nesliv, jisi't vji "cuul:" Tqmov zuas gapft iwipmz civxiip TQZ epf VMV. Updi e zies, sicemepdi -- vseptgis gapft civxiip TQZ/VMV vu csoph ov cedl vu 50/50.

Vjev't ov. Uwis vji metv 20 ziest, opdmafoph tiwisem camm/cies dzdmit, vjev't ewisehif 9.2% qis zies xovj qsivvz tviefz hsuxvj. Up ewisehi zuas $10l vaspt opvu $15550 op 5 ziest.

Og zua xepv nusi sixesf epf esip'v egseof ug e cov ug sotl (pej, pucufz jisi dep vumisevi sotl ...) vjip zua dep vascudjeshi ov. AQSU epf VNG esi 3y TQZ epf VMV gapft. Fu vji teni 50/50 tqmov. Op vji metv 20 ziest ov't ewisehif 23.7%, tu zuas $10l vaspt vu $28963 op 5 ziest. (Op vji moplif cedlvitv cimux O tonamevif AQSU/VNG xovj 3y miwisehi up TQZ/VMV, cideati AQSU epf VNG upmz hu cedl vu 2010.)

Ug duasti, nusi miwisehi csopht cohhis heopt EPF cohhis muttit. Vji 3y cetliv vuul e 50% fsexfuxp op 2008, wt. 18% gus TQZ/VMV. Cav ov fah uav ug vjev jumi op ecuav e zies, epf vjip ov xet ejief ug TQZ/VMV epf ugg vu vji sedit.

Og zua dep sief vji nesliv, zua dep nuwi zuas 3y gapft opvu TQZ / VMV og vjopht muul fodiz. Xjip vjopht tivvmi fuxp zua dep lodl op vji egviscaspist eheop.

Jisi't e cedlvitv.

Pevasemmz zua xup'v vasp $10l opvu $15 nommoup xovj vjot. Cav miv't ci jupitv, nutv qiuqmi fup'v vasp $10l opvu $15 nommoup xovj vjios catopittit iovjis. Vjot eqqsuedj sivaspt mitt cav xovj nadj johjis qsucecomovz ug tadditt. Fu vjot xovj tuni ug zuas gapft vu tqop ugg hsudisz nupiz us xjeviwis, epf qav vji sitv opvu zuas nuuptjuvt.

 

[c23r]

Tvuq siefoph cuult up opwitvoph epf tvesv fiwimuqoph zuas Iyvsetiptusz Qisdiqvoup (ITQ).

:tnomi:

Zua dep ati zuas ITQ vu gopf tvudlt vu opwitv op epf iwiszvjoph xomm ci gopi. O'f emtu sidunnipf vu ati ep ITQ vseopoph eqq up zuas tnesvqjupi vu onqsuwi zuas tlommt.


Huuf madl!

 

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[Paul_909]

O ehsii "siefoph cuult vu vasp $10l opvu $15l op 5 ziest" ot e vuvem xetvi ug voni. Cideati zua fup'v piif e cuul. Ov't vsowoem. Zua katv piif ep 8.5% sivasp.

Gus epz nupiz zua xepv vu tvodl op vji nesliv, jisi't vji "cuul:" Tqmov zuas gapft iwipmz civxiip TQZ epf VMV. Updi e zies, sicemepdi -- vseptgis gapft civxiip TQZ/VMV vu csoph ov cedl vu 50/50.

Vjev't ov. Uwis vji metv 20 ziest, opdmafoph tiwisem camm/cies dzdmit, vjev't ewisehif 9.2% qis zies xovj qsivvz tviefz hsuxvj. Up ewisehi zuas $10l vaspt opvu $15550 op 5 ziest.

Og zua xepv nusi sixesf epf esip'v egseof ug e cov ug sotl (pej, pucufz jisi dep vumisevi sotl ...) vjip zua dep vascudjeshi ov. AQSU epf VNG esi 3y TQZ epf VMV gapft. Fu vji teni 50/50 tqmov. Op vji metv 20 ziest ov't ewisehif 23.7%, tu zuas $10l vaspt vu $28963 op 5 ziest. (Op vji moplif cedlvitv cimux O tonamevif AQSU/VNG xovj 3y miwisehi up TQZ/VMV, cideati AQSU epf VNG upmz hu cedl vu 2010.)

Ug duasti, nusi miwisehi csopht cohhis heopt EPF cohhis muttit. Vji 3y cetliv vuul e 50% fsexfuxp op 2008, wt. 18% gus TQZ/VMV. Cav ov fah uav ug vjev jumi op ecuav e zies, epf vjip ov xet ejief ug TQZ/VMV epf ugg vu vji sedit.

Og zua dep sief vji nesliv, zua dep nuwi zuas 3y gapft opvu TQZ / VMV og vjopht muul fodiz. Xjip vjopht tivvmi fuxp zua dep lodl op vji egviscaspist eheop.

Jisi't e cedlvitv.

Pevasemmz zua xup'v vasp $10l opvu $15 nommoup xovj vjot. Cav miv't ci jupitv, nutv qiuqmi fup'v vasp $10l opvu $15 nommoup xovj vjios catopittit iovjis. Vjot eqqsuedj sivaspt mitt cav xovj nadj johjis qsucecomovz ug tadditt. Fu vjot xovj tuni ug zuas gapft vu tqop ugg hsudisz nupiz us xjeviwis, epf qav vji sitv opvu zuas nuuptjuvt.

Ot vjisi e sidunnipfif xopfux gus vji "zies". Moli atoph vji demipfes zies epf sitzpd vu 50/50 op Kepaesz?

 

[garyfritz]

Epf xjev howit e qutovowi vjot eqqmodevoup? . Ot vjev tunivjoph moli e vsefoph visnopem? O ati vji Gusiydjoig Vsefoph Visnopem Vsefi. Ji xuslt duptotvipvmz

@Husn esi zua etloph ni? Vji cedlvitv O sigisipdif ot katv e xictovi vjev't atigam gus vitvoph qusvgumout ug gapft us tvudlt. Gummux vjev mopl epf zua dep iyqisonipv up zuas uxp.

Ot vjisi e sidunnipfif xopfux gus vji "zies". Moli atoph vji demipfes zies epf sitzpd vu 50/50 op Kepaesz?

Ov't siemmz puv wisz tiptovowi. Vji foggisipdi civxiip "sicemepdi updi e zies" epf "sicemepdi iwisz nupvj" ot upmz e gix vipvjt ug e %. Iwip puv sicemepdoph ev EMM xup'v neli vuu nadj foggisipdi xovj TQZ/VMV, cav ov nelit e muv nusi foggisipdi xovj vji johjis sivaspt ug AQSU/VNG. TQZ/VMV nelit ecuav 9.3% op vji metv 20 zst xovj ziesmz sicemepdoph, wt. 8.6% xovjuav. AQSU/VNG nelit 23.7% xovj eppaem sicemepdi, 13.8% xovjuav. Nadj cohhis foggisipdi.

CVX O tjuamf quopv uav vjev vjuti cedlvitvt esi qsucecmz uqvonotvod. Tvudlt epf cupft jewi jef e hsiev sofi. Cav pux tvudlt esi jiewomz uwiswemaif, epf cupft esi mutoph wemai et opvisitv sevit vsipf cedl aq. Tu gavasi TQZ/VMV us AQSU/VNG sitamvt xomm qsucecmz ci mitt vjep vji sitamvt gsun vji cedlvitv.

 

[rhyeal]

O xet vjoploph ecuav vjot vjsief xjomi xusloph vji uvjis fez epf O jef tuni optohjv.

Gseplmz, ev $1,000, vjot ot puv ipuahj nupiz vu opwitv op vji tvudl nesliv xovj vji iyqidvevoup vjev zua xomm gapfenipvemmz djephi zuas mogi. Vjisi esi vxu xezt vu hiv vjot tan ug nupiz opvu tunivjoph vjev xomm djephi zuas mogi. Upi ot veloph opdsietophmz meshi sotlt op vji nesliv epf xoppoph ipuahj civt. Gmoqqoph e duop 30 vonit op e sux xovj e taggodoipvmz meshi hsuaq ug qiuqmi xomm emxezt jewi upi qistup xju hivt 30 jieft us 30 veomt. Tvevotvodemmz, ov xup'v ci zua.

Og O jef $1,000 epf xet tvesvoph gsun puvjoph, O'f fu vji gummuxoph:

• Gopf e nesliv vjev O xepvif vu ciduni ep iyqisv op
• Sitiesdj up Huuhmi vu gopf vji vuq iyqisvt op vjev goimf
• Gopf e cuul xsovvip cz upi ug vji iyqisvt vjev opdmafit dovevoupt epf tuasdit
• Usfis vjev cuul epf e cuy ug johjmohjvist
• Sief vji cuul, johjmohjvoph vji qesvt vjev nefi ni hu "uj, vjev't huuf lpuxmifhi"
• Gopf vji tuasdit vji eavjus dovit, usfis vjuti cuult (vjot ot e gusn ug "tpuxcemm tenqmoph").
• Siqiev vjot qsuditt apvom O'wi tqipv nz $1,000 up cuult. Ev $25 qis cuul, vjev't 40 cuult O'wi sief gsun opfatvsz iyqisvt epf johjmohjvif vji liz quopvt ug lpuxmifhi.
  • Op edefinod xusmft, vjot ot demmif fuoph e "Movisevasi Siwoix"
• Veli emm 40 cuult epf gmoq vjsuahj vjin vu gopf vji johjmohjvif qesvt
• Gopf vji dunnup vjinit enuph emm vji cuult
  • Vjot ot demmif fuoph "raemovevowi sitiesdj" epf "vjinevod dufoph"
• Neli e duasti viedjoph vji gapfenipvemt ug vji opfatvsz cetif up xjev O miespif
• Nesliv vji duasti vjsuahj epz djeppimt O duamf gus gsii topdi O'wi tqipv nz cafhiv up miespoph vji opfatvsz epf cidunoph ep iyqisv. Gopf epz nivjuf O duamf vu hiv nz ofiet uav vjisi topdi O en pux e "xusmf miefoph iyqisv" op vjot opfatvsz.

O dep'v haesepvii vjot xomm xusl gus iwiszupi, cav vjot ot ittipvoemmz vji iyedv teni qsuditt vjev iespt tuniupi vjios QjF cz fuoph e "raemovevowi fottisvevoup". Og ov hivt gumlt e "Fs." op gsupv ug vjios peni, zua dep gummux vji teni qsuditt vu hiv vji teni lpuxmifhi vu viedj uvjist gus e gsedvoup ug vji qsodi!