I like REITs. There is a satisfaction there with the required dividend pay out. So even if the stock value fluctuates, you have the comfort in the dividend. I prefer buying individual stocks mostly, which isn't always a great idea, but for REITs I would stay away from ETFs. It's probably best to pick some long-term ones and jump in at a value that's comfortable for the buyer.
Yeah, I took a look at some of the private options out there for real estate, but I didn't find anything I wanted to risk on investing. All the REITs I have are publicly traded.
I'm curious about how you ended up in that situation. I presume that what you mean when you say "without the government sticking it's hands in my wallet" is a special government-recognized, protected account in which you can take money that you've already paid income tax on, and shelter it from any tax on capital gains (ie: a Roth IRA). I'm not sure why you think that's not the government sticking its hands in your wallet. It's more like paying the government from your wallet, and then registering the contents of your wallet with the government for non-binding promise that it won't someday tax what you make off of that money in exchange for the promise to invest it and withdraw it according to government rules.
In that case, you can open your own 401k and contribute more toward retirement, possibly even a roth 401k. If your employer doesn't offer one, you can still make one.
www.businessinsider.in
You may wish to sell some of your oil stocks immediately as, incredibly, the basis of. peace treaty may have suddenly emerged. But if no peace, oil goes to $150/bbl and beyond.
I'd say sell it now if you've made that much money on it. Sell it now and put that money right back into American EV stocks. Rivian and Lucid have dropped right along with everything else, but both have huge potential for future gains as the EV boom ramps up. Rivian in particular is offering a unique product in very high demand and their Amazon contract stands to be fruitful. Canoo is currently a bit of a meme stock but has potential. Arrival is a British EV company working on commercial vehicles, specifically delivery vans (small contract with UPS) and city buses. All of them just keep dropping along with the rest of the market and are 1/2 the value they were three months ago. It's a good time to buy because even if they continue lower for a while they'll eventually recover to much higher than they are now.
The stock market is one thing, and the real economy is another. The stock market will continue to tank for awhile, at least until the Fed gets its interest rates in order, which may take a few more months altogether. So the rich will suffer for months. On the other hand, the real economy looks headed for recession, so the working class will suffer for a few years as unemployment must rise.
Or buy into bonds or something along those lines. It all depends how much risk you can afford to take.
It's not that Musk is a bad person ... it's just he's in a place where the concerns of the average person don't really register.Much pyramid, many lawsuit, wow.
Elon Musk sued for $258 billion over alleged Dogecoin pyramid scheme
Elon Musk was sued for $258 billion on Thursday by a Dogecoin investor who accused him of running a pyramid scheme to support the cryptocurrency.www.reuters.com
I'd touch it for a mere billion dollars. I could use that to buy many peanuts.
