With stocks crashing, bank interest practically zero, where are you putting your money?

 

It is impossible to time the stock market, so I always keep my money in the SP500.

 

Since I was born it has averaged 8.6% without the dividend returns and over 10.5% with dividends added.

 

I like those odds and invest for long-term even at age 57.  

 

Last year many people tried to time the market and got out.  

 

Pre dividends, the SP500 was up 26.89% in 2021.

 

Yes, I lost some money so far in 2022, but over the last 2 years I have funds in there to cover any stock market corrections.

 

You only lose money if you overreact and sell when it is down.  It will always rebound over time.

 

Did you loose your trust in bitcoins now? ????

"With stocks crashing, bank interest practically zero, where are you putting your money?"

 

Into stocks.  They are selling at a discount at the moment.   And even better deals may be ahead so some money is set aside for that just in case.  

In the UK I put it in bricks and mortar.

Only residential lets.

Had industrial before but got out of it and retail is a joke.

Averaging a 10% year on year return (capital gains appreciation) plus profit on rental..

I sold my stocks in December and moved to gold. 
I expect gold to go up but eventually correct so I’ll probably sell it if it reaches close to 2500 

 

Although stocks are looking tempting to buy after they’ve come down. I was actually thinking of buying some last week or this week. 

Put more money into stocks.  The time to buy is when the market is down.

4 hours ago, Neeranam said:

With stocks crashing, bank interest practically zero, where are you putting your money?

Shouldn't that read: "With stocks correcting, crypto currencies crashing, and interest rates rising, where are you putting your money?"

 

If investing in Thailand, (having spouse), land.

 

If not, Thailand or anywhere, then play the markets.  Although, without knowledge, experience, and proper software, most lose, or if lucky, break even with little gains.  It's a scam, and you need to realize that, and use it to your advantage.

 

Worse investment strategy ... advice from any stock broker.

No problem for me as I don't have any earnings.

If I have any money left over at the end of the month, I invest it in more beer.

In my wife's handbag. Where else?

5 hours ago, bkk6060 said:

Put more money into stocks.  The time to buy is when the market is down.

It's not down nearly as much as it's going.

1 hour ago, KhunLA said:

If investing in Thailand, (having spouse), land.

 

If not, Thailand or anywhere, then play the markets.  Although, without knowledge, experience, and proper software, most lose, or if lucky, break even with little gains.  It's a scam, and you need to realize that, and use it to your advantage.

 

Worse investment strategy ... advice from any stock broker.

I agree, land is good. I actually own some and was thinking of selling, maybe I should keep it. 

 

 

5 hours ago, Gecko123 said:

Shouldn't that read: "With stocks correcting, crypto currencies crashing, and interest rates rising, where are you putting your money?"

 

Crypto isn't crashing, just a normal correction, it more volatile than stock.

Sharing some #Bitcoin history. Avg correction duration 89 days, dip avg 57%, avg gains after dip 362%

Commodities and miners of commodities.

1 hour ago, BritManToo said:

No problem for me as I don't have any earnings.

If I have any money left over at the end of the month, I invest it in more beer.

Save a little for those new ganja seedlings we should be able to grow soon.    Oh, and funds for munchies!

1 hour ago, Neeranam said:

Crypto isn't crashing, just a normal correction, it more volatile than stock.

Sharing some #Bitcoin history. Avg correction duration 89 days, dip avg 57%, avg gains after dip 362%

Bitcoin hasn't been around long enough to know how it will perform in an environment of rising interest rates and quantitative tightening, so I question whether you can credibly dismiss what's currently happening in crypto markets as "just a normal correction."

1 hour ago, Gecko123 said:

Bitcoin hasn't been around long enough to know how it will perform in an environment of rising interest rates and quantitative tightening, so I question whether you can credibly dismiss what's currently happening in crypto markets as "just a normal correction."

12 hours ago, PoodThaiMaiDai said:

It is impossible to time the stock market, so I always keep my money in the SP500.

 

Since I was born it has averaged 8.6% without the dividend returns and over 10.5% with dividends added.

 

I like those odds and invest for long-term even at age 57.  

 

Last year many people tried to time the market and got out.  

 

Pre dividends, the SP500 was up 26.89% in 2021.

 

Yes, I lost some money so far in 2022, but over the last 2 years I have funds in there to cover any stock market corrections.

 

You only lose money if you overreact and sell when it is down.  It will always rebound over time.

 

A real rarity. ThaiVisa person speaking good advice. I have done the same with Tracker funds for 7 years now, well diversed. Short term setbacks like at present are just small blips in the long term.

9 hours ago, ThaIrish Sean said:

In the UK I put it in bricks and mortar.

Only residential lets.

Had industrial before but got out of it and retail is a joke.

Averaging a 10% year on year return (capital gains appreciation) plus profit on rental..

Same here. Still got a few old shared retail interests, but almost everything else is in residential lets.

This is how I am positioned at the moment:

Crypto 40%

Real estate 30%

Stocks 10%

Luxury watches 10%

Precious metals (gold) 10%

This fella never stops talking about money. How vulgar.

 

I find the Bitcoin crash hilarious!

2 hours ago, Neeranam said:

I agree, land is good. I actually own some and was thinking of selling, maybe I should keep it. 

 

 

Are you Thai, as non-Thais cannot OWN LAND?

1 minute ago, Johnny Mac said:

This fella never stops talking about money. How vulgar.

 

I find the Bitcoin crash hilarious!

It certainly presents an opportunity.

 

I have seven figures in crypto at the moment, mostly in stables, earning me enough APY that I will be easily in 8 figs by this time next year. 

 

Maybe then time to hang up the spurs.

 

2 minutes ago, KannikaP said:

Are you Thai, as non-Thais cannot OWN LAND?

I believe he is a Thai citizen. 

1 minute ago, Mr Meeseeks said:

It certainly presents an opportunity.

 

I have seven figures in crypto at the moment, mostly in stables, earning me enough APY that I will be easily in 8 figs by this time next year. 

 

Maybe then time to hang up the spurs.

 

I believe he is a Thai citizen. 

Haha! Listen to old Gordon Gekko. Buy low sell high, old boy!

Just now, Johnny Mac said:

Haha! Listen to old Gordon Gekko. Buy low sell high, old boy!

No need to trade, I'm farming in stables and earning interest. ????

26 minutes ago, KannikaP said:

Are you Thai, as non-Thais cannot OWN LAND?

Yes, I am.

Spread the risk about (UK expat) I have some in premium bonds, savings account, still have house in UK and 30 years ago I invested in an ethical fund, even in these times it has averaged/averaging about 15%

33 minutes ago, Johnny Mac said:

This fella never stops talking about money. How vulgar.

 

I find the Bitcoin crash hilarious!

I beg your pardon, this is a sub forum about finance, business, etc. 

 

Why would you find that funny? Hardly a crash when it is up 15% from a year ago. 

 

Not sure if you work or not, but if you do, where do you put your money? 

34 minutes ago, Mr Meeseeks said:

No need to trade, I'm farming in stables and earning interest. ????

I farm on the Mair app, and get a nice 250% apr for my EGLD farm. 

 

Also, Solana/Raydium and SLC/USDC on Raydium exchange, getting 54% and 345%. For $25k invested, this pays me over 40k baht a month.