5 Year + Investments?

[dennishoddy]

Annuities are a great addition to a portfolio, just make sure that whomever is presenting one to you, knows what they are talking about. Most financial planners don't completely understand them or are rarely up to speed on them, because they are an insurance product.

Agree 100%. Since retiring, most of mine is in Annuities, backed by an insurance company in Ohio.
I do keep a healthy chunk of change in the account to buy and sell on common stocks.
My choice of investments there is companies in distress where the stock takes a dramatic dip because of some issue.
A couple of years ago for example, got into Volkswagon when they got into trouble with the faked emissions.
The company is too big to fail and stayed in until it settled somewhat and got out a year and a half later.
Nice return, now back into the hunt.

 

[}BuLL]

I used to bring several of them to the old Bartertown forum's Eat-N-Shoot meets. Several members here have shot them. I just asked them to bring their own ammo. @}BuLL would bring his too.

Hey, glad to hear you are doing well! Yep, those BT eat-n-shoots were a ton of fun. We all had a good thing going there.

 

[Annie]

I used to bring several of them to the old Bartertown forum's Eat-N-Shoot meets. Several members here have shot them. I just asked them to bring their own ammo. @}BuLL would bring his too.

Yeah!! I completely blame you guys for the guns in the safe here now!

 

[OKfella]

This was a great read, I recommend it. GL with your plan!

https://www.amazon.com/MONEY-Master-Game-Financial-Freedom/dp/1476757860

 

[SlugSlinger]

What is your risk tolerance? Based on your comments I think you want to be agessive, but 5 years seems to be a short period of time because of the markets cyclicle nature. Personally, I think we still have some bull makers left due to the quantitative easing that happened with obama. There is still a lot of money sitting on the sidelines waiting to be spent. The drawback is the inflation that will come along with the excessive spending.

I'm in 3 funds with the majority of my 401k. An S&P index fund, with essentially no load and 2 of my company specific funds that are essentially large cap and small cap funds. I'm up 14% ytd and 24% for the last year. It's a fairly diversified portfolio but it is on the aggressive side. The large cap fund is up over 20% ytd while the S&P index fund is up around 10% I think.

Just keep an eye on rates if you jump in the market and hope you make it out before they impact stock prices.

 

[Annie]

This was a great read, I recommend it. GL with your plan!

https://www.amazon.com/MONEY-Master-Game-Financial-Freedom/dp/1476757860

I thought so, too.

 

[nofearfactor]

Been buying up mineral rights (I have a list of em in the area if you need), land, stocks, etc since the late 80s. (My bluest chip I bought into in 97' at 59., at 60. it split (hasn't split once since), so far it hasn't tanked even once and has been a reliable steady growing performer ever since so I buy more when I can and have just let it ride- its 352.91 currently). Everything I have I own and I try to live pretty cheap. I have always socked away what I don't need to live on. Works for me.

 

[beardking]

I am flipping 1 of them. It should be on the market by the end of the month. All the others are rentals.

I used to bring several of them to the old Bartertown forum's Eat-N-Shoot meets. Several members here have shot them. I just asked them to bring their own ammo. @}BuLL would bring his too.

I always miss out on the best stuff. [emoji3]

 

[Podman]

Just to clear up some points here. Fixed INDEXED Annuities may.... may.... get you up to 10% but rarely perform to that potential over the life of a contract..... you will also have to sign a 8,10, or 12 year contract. Expect, a more likely 6% on a good product. They are relatively safe in the respect that they are optioned against the stock market. If the market is down, you get nothing, but you won't lose any accumulation value either. Fixed Annuities make nowhere near 10%, more like 1.5 to maybe 3%. Some products are geared towards income, some towards pure accumulation. There is no tax advantage unless you put it in an IRA or are doing a 1035 exchange.

Annuities are a great addition to a portfolio, just make sure that whomever is presenting one to you, knows what they are talking about. Most financial planners don't completely understand them or are rarely up to speed on them, because they are an insurance product.

I have a couple and they are from top rated insurance companies,Guardian etc, and they pay me over 9%. They are lifetime so I hope
to live a long time to get my money back and have the insurance company support me! The tax advantage is that 65% is tax free and
since I don't have that much income anyway I don't have a tax problem. I don't have any debt so can live ok. If the fed had'nt kept interest rates so low I would have gotten much more. They use the fed interest rate and longevity tables to figure the payout.
Go to immediateannuities.com and you can plug in your age and amount to invest and get your lifetime return.

 

[JD8]

I have a couple and they are from top rated insurance companies,Guardian etc, and they pay me over 9%. They are lifetime so I hope
to live a long time to get my money back and have the insurance company support me! The tax advantage is that 65% is tax free and
since I don't have that much income anyway I don't have a tax problem. I don't have any debt so can live ok. If the fed had'nt kept interest rates so low I would have gotten much more. They use the fed interest rate and longevity tables to figure the payout.
Go to immediateannuities.com and you can plug in your age and amount to invest and get your lifetime return.

You have a couple? That's great. Let's just say I've written a LOT more than a couple. Don't see any on that website with a 9% rider or even close? You're not getting 9% on a fixed product. Anyhoo, those products on that site are mostly crap, they can be beat all day long, although the Athene is a pretty good product. Cap rates of 5%? LOL hope they sell lube with that. (Hint: there are no-cap PTP products out there that will smoke that stuff)

I would say be very careful of what you're saying, people need honest direction, not a used car salesman approach website.