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Money Talk > Investing, Stocks and Bonds

If you had been given 100k to invest in one of the following which would you take?
FIT (FITBIT)
25%
 25%  [ 1 ]
WTW (WEIGHT WATCHERS)
25%
 25%  [ 1 ]
TWTR (TWTR)
50%
 50%  [ 2 ]
FCAU
0%
 0%  [ 0 ]
S (SPRINT)
0%
 0%  [ 0 ]
Total Votes : 4

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LetsGetRich
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Lets Get Rich  Reply with quote  

Hello, my names Ronald but the name of my blog is Lets Get Rich. I talk about all sorts of stuff that will make people money in my youtube videos. Basically I want to get really rich and talk about what I'm doing and all the steps I'm taking along the way. If somebody was to keep current on my videos in theory they would be able to get rich with me.

You can subscribe to lets get rich on youtube here : https://www.youtube.com/watch?v=C3x25MyBoAA

You can follow lets get rich on Twitter here: https://twitter.com/_Lets_Get_Rich_

You can like Lets GET Rich on facebook here: https://www.facebook.com/LetsGetRichOnline

you can add me on Instagram here: https://www.instagram.com/_lets_get_rich_247/

you can catch me on tumblr here: http://lets-get-rich-blog.tumblr.com/

you can even (whatever you do with pinterest) lets get rich on pinterest here: https://www.pinterest.com/letsgetrich2016
Post Thu Mar 03, 2016 11:04 am
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oldguy
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Location: arizona
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LOL - None of the above, those are 5 sorry choices, How about Spyders (SPY)? Or leveraged Spyders (SSO).

On average, $100,000 in SPY grows to a million in 22 yrs. And $2M about 6.5 yrs later. And $4M 6.5 yrs after that. And so on.
If you're in a hurry, you can risk the $100k in the Ultra Spyders and hope for a quicker "first million", And then dial down the risk to a safer level and use SPY for a "double" about every 6.5 yrs. After you have the first million you can build more in relative safety (while protecting the first million).

I began using the SPY from the time it was invented (1993) - before that I used a generic mutual fund that tracked an index.

Rule of 72. Your money doubles when the "Years times Interest rate" = 72.
Eg, At 6% it takes 12 years. At 9% it takes 8 years. At 12% it takes 6 years.
Post Thu Mar 03, 2016 2:54 pm
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global
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Fit Bit is an excellent option. Get it now while it is low, because it is undervalued. FitBit could be a disaster if it fails, but they are attempting to extend their reach globally so there is a lot of potential there.

I toyed with the idea of Twitter too as a matter of fact. Especially since I'm a user myself. I ended up not getting that though, because social media can be unpredictable and I just don't see Twitter taking initiative on something new and people get bored of things like that over time.

Since I got Fit Bit stock some time in March it went up 40%, but is now back down to only 7%. You can never predict the swings of the market in the short term. A bunch of my family members and friends own Fit Bits. I have a really good feeling about it.
Post Mon Jun 06, 2016 2:59 am
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global
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I just followed you on Twitter by the way Very Happy
Post Mon Jun 06, 2016 3:09 am
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ken-do-nim
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quote:
Originally posted by global
Fit Bit is an excellent option. Get it now while it is low, because it is undervalued. FitBit could be a disaster if it fails, but they are attempting to extend their reach globally so there is a lot of potential there.

I toyed with the idea of Twitter too as a matter of fact. Especially since I'm a user myself. I ended up not getting that though, because social media can be unpredictable and I just don't see Twitter taking initiative on something new and people get bored of things like that over time.

Since I got Fit Bit stock some time in March it went up 40%, but is now back down to only 7%. You can never predict the swings of the market in the short term. A bunch of my family members and friends own Fit Bits. I have a really good feeling about it.


I don't understand the appeal of a Fit Bit. My iPhone tracks all of my steps (and heartbeat rate, and other things.) Fit Bit to me feels like one of those groundbreaking technologies that will soon get supplanted by others. Kind of like NetFlix blazing the trail for streaming, but I think it will eventually get overtaken by networks directly streaming.
Post Fri Sep 09, 2016 1:40 am
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oldguy
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quote:
Since I got Fit Bit stock some time in March it went up 40%, but is now back down to only 7%. You can never predict the swings of the market in the short term.


Many companies have 'good product, bad stock' - and vice versa. The two are not well correlated. So don't hang your hat on 'good product' - there are way better ways to invest.
Post Fri Sep 09, 2016 1:16 pm
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