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All Forum Posts by: Account Closed

Account Closed has started 1 posts and replied 17 times.

Post: Where to invest extra 50K

Account ClosedPosted
  • Applied Researcher / Software Engineer
  • SUNNYVALE, CA
  • Posts 17
  • Votes 3
Originally posted by @Odie Ayaga:

@Carl Fischer glad to hear you'll be at the Summit. Are you presenting? You and Steve Lloyd were the speakers at my first REIA meeting and it's been greatly inspiring in my growth since then.

Sorry if I wasn't clear @Account Closed but 30% is the return that non-performing investors look at. Yes 8-10% is what I would expect on a performing note

 @Odie Ayaga : Thank you for clarification, good to know about non-performing notes and their returns.

Post: Where to invest extra 50K

Account ClosedPosted
  • Applied Researcher / Software Engineer
  • SUNNYVALE, CA
  • Posts 17
  • Votes 3
Originally posted by @Carl Fischer:

@Account Closed

If you want to move higher from the standard 8-10% you are hearing consider attending the mid Atlantic Summit in Philly this April 21. Real experts and real note investors from around the country and many from the BP community are already booked. This is not a selling event-If interested check it out on line this code “CRL10” may also provide you a discount- CRL10. 

Thank you, I didn't know about this event. Most likely I won't be able to make it, because I'm in west coast and didn't plan for this trip in advance. But I will consider attending Mid-Atlantic Summits in the following years. I also hear from several authors hear that I can try non-performing notes, which will return higher than 10%. I will learn more about where I can buy these notes.

Post: Where to invest extra 50K

Account ClosedPosted
  • Applied Researcher / Software Engineer
  • SUNNYVALE, CA
  • Posts 17
  • Votes 3
Originally posted by @Will G.:

@cargi Ozcaglar

Please forget the reits as well, they will not perform well and have not been doing well in a raising rate environment

 Yes, this is what I will be doing, not touching REITs in taxable accounts.

Post: Where to invest extra 50K

Account ClosedPosted
  • Applied Researcher / Software Engineer
  • SUNNYVALE, CA
  • Posts 17
  • Votes 3
Originally posted by @Fradel Schaechter:

@Account Closed- good question...

I would recommend discussing this with someone knowledgeable in the area you are most interested in: whether it is IRA, notes, or something else. Being able to have a conversation that takes all your details into account will get you a whole lot smarter and in a better position to decide. Asking the question in a forum will get you many responses and it can make deciding difficult. Choose the one thing you think would be best and talk to an expert in that area.

Good luck!

Thank you. You are right, there are many suggestions from members coming at me right now. I'm familiar with IRA, but I heard about performing notes the first time here. Still, the decision is on me, but performing notes seems to be an area I should be aware of, before making the final decision(s), and funds to place this extra fund.

Post: Where to invest extra 50K

Account ClosedPosted
  • Applied Researcher / Software Engineer
  • SUNNYVALE, CA
  • Posts 17
  • Votes 3
Originally posted by @Carl Fischer:

@Account Closed

@Dave Van Horn just released a new book on notes. I recommend it highly. It should answer questions and provide new strategies for the experienced as well as the newcomers. 

 Thank you. I saw his book now. I also saw a lot of videos by him, explaining performing notes.

Post: Where to invest extra 50K

Account ClosedPosted
  • Applied Researcher / Software Engineer
  • SUNNYVALE, CA
  • Posts 17
  • Votes 3
Originally posted by @Odie Ayaga:

@Account Closed I would say as a beginning note investor that your question on returns is not an easy one to answer and the note industry is not like more popular real estate arenas like buy and hold or flipping where there's more literature and information to find out about it. Learning notes is more like learning a foreign language where the best way to do it is go and live in the country and immerse yourself in the culture. You likely won't have much luck googling the answers you want in notes. 

Roughly most active note investors I would guess target returns in the 30% and up neighborhood on non-performing notes. If you're looking at performing the easiest way to think of it as imagine you're the bank on you're on mortgage note (if you have one). At par you're making the state interest rate on the note. At a discount you're higher depending on the discount.

 Thank you, this is a good start for me to learn more about performing notes. 30% possible return is awesome, but I'm hearing more about 8-10% return on average.

Post: Where to invest extra 50K

Account ClosedPosted
  • Applied Researcher / Software Engineer
  • SUNNYVALE, CA
  • Posts 17
  • Votes 3
Originally posted by @Sam Josh:

What about dividend paying stocks like At@t or Verizon yielding north of 5%?

I thought about this, more particularly with high-dividend REIT stocks, such as NLY, BXMT, WPC. Some hesitations:

1) Stock market itself is volatile. It always is, but in the current political climate, it is more-than-average volatile. I already have my index funds which is keeping me excited / nervous right now.

2) AT&T and Verizon: Their values seem to be constant in recent years, if not dropping. A crash may knock them down, and I wouldn't want that for 5% income.

3) For REITs: REIT dividends are not qualifying dividends, so I will have to pay full tax (federal tax: 35%, state tax: 9.3%), which I want to avoid.

Post: Where to invest extra 50K

Account ClosedPosted
  • Applied Researcher / Software Engineer
  • SUNNYVALE, CA
  • Posts 17
  • Votes 3
Originally posted by @Will G.:

is it just me or is every conventional investment "yield starved". Stocks very close to overvalued if not already, bonds stink in a rising interest rate environment, real estate is risky now(home prices bounced well above the trend line)and way below normal on yield.R.e. notes may be the only thing to consider unless you are brave enough for bitcoin 

@Will Grabert : This looks like to be the case. I'm still doing more search on real estate notes, how risky their returns are, how much their returns are, and how I can buy them. 

Post: Where to invest extra 50K

Account ClosedPosted
  • Applied Researcher / Software Engineer
  • SUNNYVALE, CA
  • Posts 17
  • Votes 3
Originally posted by @Warren Garceau:

@Account Closed have you considered cash value insurance? I would not consider this an "investment" however in comparison to some other "safer" accounts this could be a strong alternative. Insurance contracts offer additional asset protection, higher yields than most savings accounts/CDs, and there's usually liquidity (tax free).    

 @Warren Garceau : I didn't know about cash value insurance. I already have a life insurance. But this sounds more likely insuring the value of my money. Does this insurance keep the cash value the same, or protect against inflation rate, or have even better returns?

Post: Where to invest extra 50K

Account ClosedPosted
  • Applied Researcher / Software Engineer
  • SUNNYVALE, CA
  • Posts 17
  • Votes 3
Originally posted by @Bob E.:

You can buy a performing note and get an 8-10% yield with minimal hassle.

@Bob E. : I'm new to performing notes, but if this is the case, depending on the risk factors of performing notes, this may be a very good investment. My searches about performing notes have very limited results, I guess this is not a common investment. I'm still trying to figure out this investment's risk score, and how I can buy performing notes.