50k in Molly and Charlie to sell at Spring Break.
Never get high on your own supply.
50k in Molly and Charlie to sell at Spring Break.
id put it into high yield divy stocks, some oil/nat gas plays, reits, and just good overall companies.
if anyone wants to take a flyer into a silver play check out SVM its really really beaten down, very low cost producer, the lowest in fact. they have authorized 10% share buyback of their float this year bc management thinks the share price is undervalued. if you get a pop to anything over $20 an oz i think you could see the stock approach ~$2 a share. wouldnt put all my money into it but at its current price it doesnt take a lot to pick up a 1000 shares. someone bump this thread at the end of 2015 to see what its trading it. i dont see much downside from here and a good upside if silver can break out a little bit
everyone should have an asset allocation unique to them, for example, 5% cash, 5% high yield bonds, 5% low yield bonds, 10% international stocks, 40% large cap US stocks, 5% small cap stocks, 10% real estate, 20% gambling accounts
then when you get "extra" money, no matter the amount you know how to divide it up without thinking about it.
once or twice a year revisit your allocations and adjust %'s or re-balance.
good luck