Hey guys so I recently lost my pops unexpected a few months back, little did I know he had been living off a trust my grandmother left to him. Being his only son I became full beneficiary. I was told that the trust was set up for the beneficiary to receive distributions solely on income or dividends of the initial principal. My question to you is if you inherited a sum of money, what high paying stocks, bonds or funds would you invest inn? Remember you can never touch the principal amount only the income.
My big 3 so far AT&T, PM, O
To remove first post, remove entire topic.
Hey guys so I recently lost my pops unexpected a few months back, little did I know he had been living off a trust my grandmother left to him. Being his only son I became full beneficiary. I was told that the trust was set up for the beneficiary to receive distributions solely on income or dividends of the initial principal. My question to you is if you inherited a sum of money, what high paying stocks, bonds or funds would you invest inn? Remember you can never touch the principal amount only the income.
Im not a financial advisor so I can only tell you what I am doing and not tell you what to do. I just played options on AAL (American Airlines) ts at $31.00 and I see it being around $40.00 by Aug, You can make big $$ or lose big $$ in options, but I nail them at a high rate. Play that on peper if you want, but always do your own due diligence and coattail at your own risk.
Right now, Im pretty much fully concentrated on my penny stock that is going to make or break my summer. Its finally getting ready to liftoff. Sorry to hear about your pops and may you see him again one day at in the heavens of blue. Thoughts and prayers to you and your family = your father up above
Im not a financial advisor so I can only tell you what I am doing and not tell you what to do. I just played options on AAL (American Airlines) ts at $31.00 and I see it being around $40.00 by Aug, You can make big $$ or lose big $$ in options, but I nail them at a high rate. Play that on peper if you want, but always do your own due diligence and coattail at your own risk.
Right now, Im pretty much fully concentrated on my penny stock that is going to make or break my summer. Its finally getting ready to liftoff. Sorry to hear about your pops and may you see him again one day at in the heavens of blue. Thoughts and prayers to you and your family = your father up above
A tech stock like Apple (AAPL) is no place to put your money and forget about it.
If there's one thing you learn in this thread, it should be this. Hardware is a terrible place to be !!! Repeat after me.
Yes, go re-read the above if you must. Hardware is vulnerable to the hyper frenzy of the public to your product (anyone remember how Blackberry had 50% market share less than 10 years ago?)
It's important to understand that consumers are a finicky bunch, to the point they will abandon to the next fad... In other words, tech is generally a terrible place to be......................
....unless you are a "software" or "internet" company.
How many people are fanatic about using "google" as their search engine... yet, they are the ubiquitous choice and make boatloads of money.
OK.. I think I've made my point. Software >>>> Hardware
A tech stock like Apple (AAPL) is no place to put your money and forget about it.
If there's one thing you learn in this thread, it should be this. Hardware is a terrible place to be !!! Repeat after me.
Yes, go re-read the above if you must. Hardware is vulnerable to the hyper frenzy of the public to your product (anyone remember how Blackberry had 50% market share less than 10 years ago?)
It's important to understand that consumers are a finicky bunch, to the point they will abandon to the next fad... In other words, tech is generally a terrible place to be......................
....unless you are a "software" or "internet" company.
How many people are fanatic about using "google" as their search engine... yet, they are the ubiquitous choice and make boatloads of money.
OK.. I think I've made my point. Software >>>> Hardware
There are tons of great companies but you just have to keep an eye on the valuation. As far a apple. They are a very healthy company, the have plenty of cash, great pe ratio, and they are at a decent price point.
There are tons of great companies but you just have to keep an eye on the valuation. As far a apple. They are a very healthy company, the have plenty of cash, great pe ratio, and they are at a decent price point.
AAL starting to make a move and up to $32.50 from my $31.00 option entry. I will give you a gem right now that I am hammering, but do your own D.D. and play at your own risk. Know the disclaimers when investing about possible losing all your investment. No matter what you are taking a RISK with your inheritance $$..VHC $4.70 I just played a hefty sum into that stock. I feel it should go up 100% rather quickly
AAL starting to make a move and up to $32.50 from my $31.00 option entry. I will give you a gem right now that I am hammering, but do your own D.D. and play at your own risk. Know the disclaimers when investing about possible losing all your investment. No matter what you are taking a RISK with your inheritance $$..VHC $4.70 I just played a hefty sum into that stock. I feel it should go up 100% rather quickly
= your father up above
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