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The Water Cooler
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Investing small amounts of money.
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<blockquote data-quote="HoLeChit" data-source="post: 2760063" data-attributes="member: 35036"><p>With all this being said, after I pay off my debts and maybe ourchase a toy.... What would be good to invest my money into to diversify my portfolio?</p><p></p><p> I already have a few CD's (which are a lot of hassle and I dislike), a little bit of silver/old coins (misleadingly valued and hard to sell and make a profit on) a savings account (negligible returns), and a 401k (non liquid equity). </p><p></p><p>I like the idea of material equity. For example, real estate (hunting lease or a rent house) or even guns. I feel that if you become rich on paper, it can be misleading because it isn't tangible. You can have serious problems cashing it in, and you can be so tangled in paperwork that the profits you have worked hard for are not accessible when you need them.</p></blockquote><p></p>
[QUOTE="HoLeChit, post: 2760063, member: 35036"] With all this being said, after I pay off my debts and maybe ourchase a toy.... What would be good to invest my money into to diversify my portfolio? I already have a few CD's (which are a lot of hassle and I dislike), a little bit of silver/old coins (misleadingly valued and hard to sell and make a profit on) a savings account (negligible returns), and a 401k (non liquid equity). I like the idea of material equity. For example, real estate (hunting lease or a rent house) or even guns. I feel that if you become rich on paper, it can be misleading because it isn't tangible. You can have serious problems cashing it in, and you can be so tangled in paperwork that the profits you have worked hard for are not accessible when you need them. [/QUOTE]
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