Invest your winnings ?!?

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But can you ever get a higher return than reinvesting your money in poker?

On August 20 2008 01:29 Zorglub wrote: But can you ever get a higher return than reinvesting your money in poker?

but there are many overrolled players like myself who are not using any buy-in rule and have lots of cash sitting doing nothing.

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ask brandon adams for trading tips

oh well

I invested part of my winnings in the market and surely just after that sub-prime crysis followed

I already lost like 20%, gg me

azurasta: U PAY ON THE TURN WITH NOTHING DONKY
DragonzPlay: cuz Im the best
DragonzPlay: don't mess with the best
DragonzPlay: mess with the best u know what happens right
DragonzPlay: U DIE LIKE THE REST
azurasta: YOUR FATHER IS HITLER NO RESPECT§§§
azurasta: FILS DE PUTAIN DE TA MERE
DragonzPlay: LOL
DragonzPlay: UR MOM LIKES ME ALOT MORE THAN YOU

don't invest in that guy
2 ur mom jokes and he's open shoving 60bbs

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I invest half of my winnings every month and i'm down about 10% but it's all about the long run anyway. Statistics show that in the long run the stock market can give 8% return yearly and it's very hard to beat that.
But investing is only good for overrolled people who have much money doing nothing.
I myself follow a 100buyin rule wich means that usually almost 60-70 buyins sit on my account and do nothing, and that is why I invested 1/3 of my roll in the market and from than withdraw 50% of my winnings every month so I have like 35% of my roll on the market and the rest on poker.

Here are two investments i've found to be very very very bad

- flips with mig
- hu plo

anyone know any good hu plo coaches? =[

investing money in US is suicide right now.(that being said i dont know if you do or dont, what sort of guarantees you provide, etc.)

Oh yeah, i have a UBS t-shirt! And its freaking nice.

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open a bank

lol tloapc xD

On August 20 2008 07:17 Ket wrote: Here are two investments i've found to be very very very bad - flips with mig - hu plo anyone know any good hu plo coaches? =[

Damn, I think a lot of people here were just looking into this... Glad you warned them before they actually followed through, saved them a lot of money hehe.

I think this is a valuable suggestion - but this seems to be borderline spam. (but I am a huge nit wrt to this stuff)

On August 20 2008 07:17 Ket wrote: Here are two investments i've found to be very very very bad - flips with mig - hu plo anyone know any good hu plo coaches? =[

Lol at flips with Mig.....I've heard stories.

i should really read a couple of books about the market to have an idea wtf i am doing cuz investing like in real states and stuff takes a lot of time which i rather spend playing poker or jerking off.

invest in AAA bonds, US T bills, blue chip stocks that pay dividends, and mutual funds. Minimize your risk and reap a steady return if you want to play it safe with your money 'not doing anything.' You could also open a money market account, its like a checking account with interest, and its competitive rates, unlike shitty savings accounts at regular banks.

For US based players.

1. Declare 4k a year in taxable income
2. Deposit 4k a year into a Roth IRA
3. Pay shit for taxes
4. Put it into a Target Date (Fidelity, Vanguard, T Rowe etc) fund aimed at when you want to retire
5. Don't look at it until then, just add 4k a year so long as you're in a low tax bracket.
6. Withdraw shitloads of money tax free when you retire.

Easy ship imo.