PebHmong Discussion Forum

General Category => General Discussion => Topic started by: flint-rod on February 13, 2018, 05:28:18 PM

Title: what major financial investments have you recently made....?
Post by: flint-rod on February 13, 2018, 05:28:18 PM: whole life insurance in addition to what my work place pays out which is twice my salary... the cash value payout combined with my pension and 403b retirement... i'm set... that's if i don't die before i can reap the benefits... lol! you?
Title: Re: what major financial investments have you recently made....?
Post by: Yebleng on February 13, 2018, 06:52:40 PM: Corporate life and death insurance is always A+ O0 $15 a paycheck for $250k is a dream. If your company offer such plans, everyone needs to get it.
Title: Re: what major financial investments have you recently made....?
Post by: dogmai on February 13, 2018, 09:12:58 PM: Quote from: flint-rod on February 13, 2018, 05:28:18 PM
whole life insurance in addition to what my work place pays out which is twice my salary... the cash value payout combined with my pension and 403b retirement... i'm set... that's if i don't die before i can reap the benefits... lol! you?

Careful if you have a spouse, one day you might find yourself on the road and suddenly your brakes doesn't work. ;D
Title: Re: what major financial investments have you recently made....?
Post by: Gucci K on February 14, 2018, 08:06:56 AM: does saving for a trophy wife count? :D ;D
Title: Re: what major financial investments have you recently made....?
Post by: flint-rod on February 14, 2018, 09:28:19 AM: Quote from: anonymouse on February 14, 2018, 08:21:31 AM
I don't think it's an investment but I bought my first car. Love it.

2018 Honda crv touring edition. White on black which took over a month to find.

congrats... it gets you to-and-from work reliably which allows you to make money... so even though it isn't a direct investment... i'd like to think of a car as an investment...
Title: Re: what major financial investments have you recently made....?
Post by: starchaser1989 on February 14, 2018, 12:20:38 PM: financial plan to paid off all my debt by summer time except the house, just invest in bitcoin crypto currency, buying some more dividend stocks, 2018 looking good.
Title: Re: what major financial investments have you recently made....?
Post by: dogmai on February 14, 2018, 01:30:27 PM: Quote from: flint-rod on February 14, 2018, 09:28:19 AM
congrats... it gets you to-and-from work reliably which allows you to make money... so even though it isn't a direct investment... i'd like to think of a car as an investment...

Buying that particular car isn't an investment, it's a liability.
Title: Re: what major financial investments have you recently made....?
Post by: DuMa on February 14, 2018, 02:02:39 PM: Quote from: starchaser1989 on February 14, 2018, 12:20:38 PM
financial plan to paid off all my debt by summer time except the house, just invest in bitcoin crypto currency, buying some more dividend stocks, 2018 looking good.
Atta girl

Buy more kcap n make me rich. A little over 12% dividend isn't too shabby at $3 a share is affordable.

Go go go...
Title: Re: what major financial investments have you recently made....?
Post by: DuMa on February 15, 2018, 03:13:12 AM: Quote from: dogmai on February 14, 2018, 01:30:27 PM
Buying that particular car isn't an investment, it's a liability.

If the car makes you money like Uber then what?

Before a car, your net worth is poverty. With a car, you can now drive yourself to your place of employment so now your are out of the poverty level. Now what?
Title: Re: what major financial investments have you recently made....?
Post by: w1s3m0n on February 15, 2018, 10:48:22 PM: Quote from: flint-rod on February 13, 2018, 05:28:18 PM
whole life insurance in addition to what my work place pays out which is twice my salary... the cash value payout combined with my pension and 403b retirement... i'm set... that's if i don't die before i can reap the benefits... lol! you?

Insurance is not really an investment because your kids get it and not you.

I bought a stock that everybody is dumping because they hate the company so much for losing significant market share while they were pivoting to digital healthcare. The company has 700M cash on hand, no debt and they are valued at 1B. Interesting the business is only valued at 300M when they have free cash flow of 40M+. So basically the business is valued at cash on hand + FCF x ~10. LOL...
Title: Re: what major financial investments have you recently made....?
Post by: Believe_N_Me on February 15, 2018, 11:31:55 PM: What dividend stocks are you guys and gals buying?
Title: Re: what major financial investments have you recently made....?
Post by: Believe_N_Me on February 15, 2018, 11:33:54 PM: Quote from: DuMa on February 14, 2018, 02:02:39 PM
Atta girl

Buy more kcap n make me rich. A little over 12% dividend isn't too shabby at $3 a share is affordable.

Go go go...

Who are you going with to do your trades?
Title: Re: what major financial investments have you recently made....?
Post by: YAX on February 16, 2018, 01:54:35 PM: Just incase the market collapses, I sold off all my large cap mutual funds and bought some International securities and more stable funds that include products like pharmaceutical s, Coke and aluminum, etc.

Edit: Sold off my real estate funds too. I don't like interest rates going up.
Title: Re: what major financial investments have you recently made....?
Post by: Cali Guy on February 16, 2018, 06:03:50 PM: Last week was terrible, I am dropping many to stay ahead and entering at a welcoming date.
Title: Re: what major financial investments have you recently made....?
Post by: hmgROCK on October 02, 2021, 07:22:31 AM: Quote from: flint-rod on February 13, 2018, 05:28:18 PM
whole life insurance in addition to what my work place pays out which is twice my salary... the cash value payout combined with my pension and 403b retirement... i'm set... that's if i don't die before i can reap the benefits... lol! you?

I’m disappointed in you FLINT
why you wait sooo long to get a life insurance
Its almost like those OG hmong people in their 60s
About to die
And just realized they need life insurance for their kids
By than it’s probably $500-1000 per month

Like the WISEMON says
Life insurance is not a investment cuzzz u be dead
Some let you take the cash value out
But why????
Its for your kids