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  • Investment thread

    I have become really interested in this topic over the last few years. I am 35 and the thought of working at a corporate job like the one I have now until I'm 65 kind of makes me sick. I don't make a ton of money and I'm not due for a large inheritance so I realized the only way I am going to achieve financial security and eventually independence is to put my money to work. I actually took the first course toward becoming a Certified Financial Planner last year, but I definitely don't know enough to give investment advice yet. I am personally interested in trading cryptocurrencies and potentially other markets but I have had mixed results so far, I am still testing strategies. I think it's not looking good for the US stock market overall right now. I have a 401k which I continue to contribute to, which I am okay with because it's basically dollar cost averaging into the market as it goes down, but I don't know that I want any more exposure to stocks at the moment. Short term I am parking most of my funds in Worthy Peer Capital - they issue loans to small businesses and sell bonds in $10 increments to account holders that pay 5% (interest paid out weekly). It's not insured or risk free but the loans have collateral so it's less risky than some other investment vehicles and you can take your money out (sell your bonds) at any time. If anyone is interested let me know, I will give you my referral link and we will each get a free bond. They offer bonuses sometimes for an additional 1-2% in free bonds but usually they come with a requirement to hold your bonds for a period of time (like a year). I'm also looking into REITs (real estate investment trusts) and crowdfunded real estate platforms. So far I think Fundrise looks like the best option because you are investing in a portfolio of properties (so risk is spread out) and you can choose from a few profile types where you can either take out more income from your investment or re-invest the gains. They estimate a return of ~8.5-10% but you are supposed to have a time horizon of at least 5 years I think. Anyway I don't want to write a novel here, but I'm really interested in this stuff and I do a lot of reading on it. I would be happy to share ideas and I would love to hear about other investment ideas anyone else has.
  • 302 - Don't Be Ridiculous

    I'm pretty sure the Australian scene in this episode was in present day, because in the news cast they were talking about the 7 year anniversary coming up.  So I am also having trouble understanding how those ladies could have read the Book of Kevin by that time.  Maybe Michael was posting it online when he shut the laptop?  Maybe technically Matt doesn't consider that "a copy".