Need Help with Financial Planning

Lending Club :):($&@“
Nov 10, 2018 26 Comments

I moved 100k money to cash to invest in a rental property but deal failed and never pulled the trigger and cash is lying their without earning any interest or dividend

I feel growth is slowing down in general for next 1-2 year and My style is risk averse so i don’t want to invest in stocks

I need help with:

1) Suggestion on a good financial planning book,
2) Does going to a financial planner/advisor help? How to find a good financial planner/advisor
3) any suggestions on investment ideas other than stocks?

TC: 200k

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TOP 26 Comments
  • Two Sigma / Eng match
    What do you mean by risk averse? Most people would consider a rental property much riskier than an SP500 ETF.
    Nov 10, 2018 1
    • Lending Club :):($&@“
      OP
      As you read, did not pull trigger
      Nov 10, 2018
  • Morgan Stanley mailbox123
    Aside from having quick visibility to all options and expertise in the field that comes with advisors, there really is no difference if there are no commissions. Bid/ask price for brokerages is negligible with treasuries so your yield will be the same. It is nice to see your money sitting in an account tho.. if you buy directly you’re unable to add the Treasuries to wealth apps like Personal Capital or MSOnline.
    Nov 26, 2018 0
  • Microsoft SeaOtter
    Nov 10, 2018 0
  • Red Hat Lave
    My only recommendation is to do your research. Don’t fall for wealth management advisors who work on commission, since they’ll be trying to sell you products. Investment funds with heavy interest rates; term insurance policies; etc…
    Nov 10, 2018 0
  • Uber syLg34
    I think you’re better off getting a crafty taxadvisor
    Nov 10, 2018 3
    • Lending Club :):($&@“
      OP
      What way tax advisor can help?
      Nov 10, 2018
    • Uber syLg34
      US taxes has a lot of leeway to minimize taxes
      Nov 10, 2018
    • Uber syLg34
      They can structure your investments in a way to minimize taxes
      Nov 10, 2018
  • Citibank / Eng Slurpsurp
    Buy snap.
    Nov 10, 2018 2
    • Lending Club :):($&@“
      OP
      I think you need to re-read my post :)
      Nov 10, 2018
    • Citibank / Eng Slurpsurp
      Bad joke.
      Nov 10, 2018
  • This comment was deleted by original commenter.

    • Lending Club :):($&@“
      OP
      Any suggestions on book?
      Nov 10, 2018
  • Microsoft ElloWorld
    Get a financial advisor lol
    Nov 10, 2018 1
    • Lending Club :):($&@“
      OP
      Do i goto fidelity or somewhere? How to get a financial advisor?
      Nov 10, 2018
  • eBay CEbi00
    Thanks . Any pros or cons when buying directly versus through a discount broker ?
    Nov 26, 2018 0
  • Morgan Stanley mailbox123
    Yes— you buy from treasurydirect. You would hold the note directly, not at a bank.
    Nov 26, 2018 0
  • eBay CEbi00
    Can we as individuals not buy it directly treasury notes ?
    Nov 26, 2018 0
  • Morgan Stanley mailbox123
    CEbi00 you can get about 2.67 for a 1YR. Not great, and I’m generally not one to advocate for timing markets, but with the unknowns in the current equities environment it’s not a terrible bucket to throw your money in. Just make sure whoever buys the treasury for you isn’t charging a huge commission. No reason something as simple as a treasury should cost you anything to buy.
    Nov 26, 2018 0
  • eBay CEbi00
    @mailbox123 how much is 1 year treasury yield returns , and muni bond returns annually ?
    Nov 26, 2018 0
  • Morgan Stanley mailbox123
    I’d park your $100k in a free to own US treasury or muni-bond portfolio given current market conditions. Would gladly help, do these kinds of things on the side all the time.
    Nov 26, 2018 0
  • Lending Club :):($&@“
    OP
    Got it, Thanks
    Nov 10, 2018 0
  • PayPal / Eng GopherGd
    Bonds around 3 percent ROI
    Nov 10, 2018 0
  • VMware / Eng
    vLol

    VMware Eng

    PRE
    Wayfair
    vLolmore
    Nov 10, 2018 0
  • VMware / Eng
    vLol

    VMware Eng

    PRE
    Wayfair
    vLolmore
    Muni Bonds (tax free!)
    Nov 10, 2018 0