Author Topic: Investment advice  (Read 107 times)

getaway driver

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Investment advice
« on: Today at 05:04:30 PM »
I'm a 36 year old single male and surprisingly I just got into investing. I have about half a million in savings and just opened an investment account. I have a little over a million dollars to invest, if I were to use the available margin.

I know that 10-12% is the average return on the s&p 500, but to me that sounds kind of low. Amazon is up over 500% in the last couple years, and already up 50% this year even after it dropping 25% in October.

Would it be a good idea to invest in big growing companies like FAANG - Facebook, Apple, Amazon, Netflix, and Google. Or should I leave it to the professional and invest in a EFT or mutual fund?


MDM

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Re: Investment advice
« Reply #1 on: Today at 06:37:44 PM »
Would it be a good idea to invest in big growing companies like FAANG - Facebook, Apple, Amazon, Netflix, and Google.
Sure.  Just don't invest in big growing companies like Enron.

If you can't tell the difference (hint: neither could all those who drove Enron to the market cap it had before it tanked), then see Getting started - Bogleheads.

ThatGuy

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Re: Investment advice
« Reply #2 on: Today at 09:12:25 PM »
I may be in the minority here but in reference to your available margin funds,

DON'T DO IT!

sixwings

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Re: Investment advice
« Reply #3 on: Today at 10:50:03 PM »
I dont invest in margins. I always hold google, amazon, facebook, apple and microsoft. One of them is likely to create AI and take over the world. Other than that I only hold index funds.