Invest your winnings ?!? - Page 2

On August 20 2008 14:38 chris wrote: 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.

those account give like 7% a year right? fml that barely beats inflation.

Mattias,

You say that you've worked as a client advisor for US domiciled clients for 4 years. Then I am assuming that you know about securities regulations regarding solicitation of investments in the US. I also assume that you are registered with the SEC/NASD as a licensed invesment advisor?

blahblah, when i saw topic i though this was some insta-close, another of those low life scumfucks crawling out of their shitholes and trying people to scam. So how we know this ain't a fraud?

this thread would actually be cool if it turned into a serious discussion about what things would be good to invest your poker winnings with

but it won't

On August 20 2008 15:28 TimDawg wrote: this thread would actually be cool if it turned into a serious discussion about what things would be good to invest your poker winnings with but it won't

true, lets hijack it...

i might invest in a thing called "container city" where they turn containers into rooms close to a university, seems quite cool

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? =[

yo ill teach your top off

yea tim needs investment ideas.
lottery tickets just arent doing it

On August 20 2008 15:38 Baal wrote: Show nested quote + On August 20 2008 15:28 TimDawg wrote: this thread would actually be cool if it turned into a serious discussion about what things would be good to invest your poker winnings with but it won't i might invest in a thing called "container city" where they turn containers into rooms close to a university, seems quite cool

lol wtf
who would want to live in a container?

car manufacturers is a good long time investment imo. Most car stocks are hitting lows, mind them going bankrupt youll be making hefty profits when the oil situation stabilizes. Or mind the possible wars with Iran and Russia. Although in case of the latter two you probably wouldnt need any cash after they are over, if only to set up a fire.

On August 20 2008 16:14 byrnesam wrote: Show nested quote + On August 20 2008 15:38 Baal wrote:   On August 20 2008 15:28 TimDawg wrote: this thread would actually be cool if it turned into a serious discussion about what things would be good to invest your poker winnings with but it won't i might invest in a thing called "container city" where they turn containers into rooms close to a university, seems quite cool lol wtf who would want to live in a container?

you have no idea!


there were even awesomer video somewhere of a luxury container but i cant find it(not that i really tried)/

lol

seems like more of a gimmick than an investment.

imo, you should invest in rare pokemon trading cards.

in usa there is similar thing called trailers

where only the poorest rednecks live there

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

yes when you can beat 3/6 but can't beat 5/10

or anything along those lines

On August 20 2008 16:50 [vital]Myth wrote: Show nested quote + On August 20 2008 01:29 Zorglub wrote: But can you ever get a higher return than reinvesting your money in poker? yes when you can beat 3/6 but can't beat 5/10 or anything along those lines

most ppl are way overrolled imo, they dont really need all that $ for poker and can be put to work somewhere else

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

If you think poker is the most profitable thing out there..... You are seriously dead wrong.

OK, I try to give people the benefit of doubt until proven otherwise but I'm gonna go ahead and say that I think this guy mattias is worthless. here is why:

Mattias talks a good game and lists the following sexy terms that may grab one's attention:

"1) For US domiciled clients:
- currency diversification
- Access to Hedge Funds that are normally blocked for US Persons
- Private Equity Investments that are not availlable on the market.
- geographical diversification
- security
- good financial network in Switzerland"

But the true intentions are evident when he lists one specific product in detail:

"Furthermore so called "DVA's" might be very interesting for anyone:
http://www.valorlife.com/e/investment_products/vip_privatissimo_e.html"

I took a look here and this is basically a variable insurance policy. I think I've stated this before but insurance is one of the most misunderstood financial products and there is a high degree of misrepresentation. The reason for this is two fold: insurance policies, especially variable universal life policies are often quite complex and the commissions on these products are just about the highest in the industry. This creates great incentive for the salesman or "financial professional" to push this product.

This is not to say that variable insurance contracts are bad. In fact, they are a great tool for the right situation. However, I highly doubt anyone in this forum is in that situation. Generally speaking, the client profile for this type of product is someone wealthy, 50+ in age that is concerned about estate planning and tax strategies. The fundamental benefit of a variable policy is that it allows the insured to invest a significant amount of money tax deferred. In exchange for this benefit, you give up liquidity and you pay significant fees. Bottom line is that this financial vehicle is rarely suitable for young people, even if you do have significant amount of investable assets. The fact that you mention that one option on a forum full of twenty somethings shows that suitablity is a secondary concern and that maximizing commissions comes first.

errr, now seems like a great time to invest in the market i dont get ppl saying it's bad, dont you want to invest as it's crashing? i mean it's not like we're going to have another depression, just seems like a great time to get your money in while the stocks are cheap. im personally pumping as much into the market right now as i can.

On August 20 2008 18:03 thewh00sel wrote: errr, now seems like a great time to invest in the market i dont get ppl saying it's bad, dont you want to invest as it's crashing? i mean it's not like we're going to have another depression, just seems like a great time to get your money in while the stocks are cheap. im personally pumping as much into the market right now as i can.

qffffffffffff

here for small stakes I think the best is wines, harvest and construcion, but didnt research enough