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12-22-2022, 11:45 AM | #13261 |
George Brett shit his pants
Join Date: Apr 2006
Location: At the Bellagio
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Posts: 48,406
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12-22-2022, 11:50 AM | #13262 | |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
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Quote:
If you aren't retiring for 30+ years, you'd probably be better putting it into investments. But, of course, that comes with risk, and there's a good chance it could be ulcer-inducing for a while as the market continues to have a lot of volatility. But FWIW, you don't need a financial advisor to invest. Just open up a Vanguard or Schwab account and throw it into some index funds. |
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12-22-2022, 11:59 AM | #13263 |
"You like to drink?"
Join Date: Jun 2006
Location: "I like to drink."
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It also depends on how much cash you need to maintain your current standard of living if you were to lose your main source of income. If you don't need $750K for a year to a year and a half then you're better off locking up the amount you absolutely cannot live without and keep the rest in various forms of liquidity to buy market tracking ETFs in at prices you think are discounts.
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12-22-2022, 12:07 PM | #13264 | |
Fish are scared of me
Join Date: Nov 2001
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12-22-2022, 12:20 PM | #13265 |
Starter
Join Date: May 2001
Location: phoenix
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Posts: 91
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12-22-2022, 12:24 PM | #13266 | ||
George Brett shit his pants
Join Date: Apr 2006
Location: At the Bellagio
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Posts: 48,406
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12-22-2022, 12:26 PM | #13267 |
Fish are scared of me
Join Date: Nov 2001
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Ticker symbol MAIN
Company Overview Sector Financials Industry Banking Services Overview Main Street Capital Corporation (MSCC) is a principal investment company primarily focused on providing customized debt and equity financing to lower middle market (LMM) companies and debt capital to middle market (Middle Market) companies. The Company's principal investment objective is to maximize portfolios total return by generating current income from its debt investments and current income and capital appreciation from our equity and equity-related investments, including warrants, convertible securities and other rights to acquire equity securities in a portfolio company. The Company seeks to achieve its investment objective through LMM, Private Loan, and Middle Market investment strategies. Middle Market portfolio investments primarily consist of direct investments in or secondary purchases of interest-bearing syndicated loans or debt securities in privately held companies based in the United States. MSC Adviser I, LLC is the External Investment Manager. Headquarters 1300 Post Oak Boulevard, 8Th Floor Houston, TX 77056 www.mainstcapital.com |
Posts: 40,779
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12-22-2022, 12:28 PM | #13268 |
Fish are scared of me
Join Date: Nov 2001
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It's at an attractive price right now also 35.88
It plays between 33-44 mostly |
Posts: 40,779
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12-22-2022, 01:09 PM | #13269 |
Seeking the Truth daily
Join Date: Jan 2006
Location: In the Country in MO
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i did a covered call yesterday that blew me away. April 400 LLY paid $20 a share. Thats crazy!!
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Posts: 53,793
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12-22-2022, 01:27 PM | #13270 | |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
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Quote:
If, over time, you want to be more hands-on, you can always move away to more hand-picked stocks. But target-date funds will get you started. Last edited by DaFace; 12-23-2022 at 11:18 AM.. |
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12-22-2022, 01:34 PM | #13271 |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
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As another option, Vanguard (and a lot of other places) now have "robo advisors" that basically let you tell them what you want to accomplish and then algorithmically adjust your portfolio accordingly. I personally think that index funds (or target date funds) are just about as simple and cost less, but that's another route that simplifies the process.
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Posts: 52,338
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12-22-2022, 01:39 PM | #13272 | |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
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12-22-2022, 01:49 PM | #13273 | |
Fish are scared of me
Join Date: Nov 2001
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I wonder what it would do if you told them you want 20% returns daily. |
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Posts: 40,779
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12-22-2022, 01:56 PM | #13274 | |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
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12-22-2022, 01:58 PM | #13275 |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
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