Korean Job Discussion Forums

[bucheon bum]

[Lunar Groove Gardener]

If at the start of a longer-view overall for investing in your future, you might consider 3 possibilities for where you'll put your money over the coming years:

1. figuring out a stocks/bonds/indexes portfolio via extensive research and self-education, or trusting in the choices of a broker/portfolio manager.

2. considering if income property interests you and if there is an area where you might invest in it and have access to management and other necessary services (accountant/lawyer/repairs/realtors)

3. consider at what level you'll invest in yourself over the coming years:
a. do you want to open a shop/restaurant/bar
b. do you want to increase your marketable skills via education
c. is there a project that you wish to push forward through paying others
to help you get it moving

4. do you want to travel, or have other experiences which will be an investment in your own 'vision' of things

All of these are 'long view' strategies with specific ideas in mind when selecting them. If mastering stocks is of interest, this cash will get you started. Similarly with either real estate, or starting a business, or investing in personal growth/education/travel.

This is where the fun starts.
I chose to emphasize income properties 10 years ago. It is not without its downside, but it has been a good fit for me. I can see it, sell it, and some day, either live in it, or use the income to live wherever for however long.

Best of luck.

[PigeonFart]

[quote="ricochet"]i'd invest it 1 dollar at a time...[/quote]

Exactly! Invest $1 dollar in 10,000 different companies! ha ha

[2i2dk1ny2i3]

buy ANYTHING that is a Chinese copmany stock that seems like a good investment:

i.e. Baidu, Alibaba (this site seemed like a scam but it cleaned up a lot of the "fake" sellers and is currently a juggernaut)


there are certain Korean companies too that are good investments and could possibly be good investments

[atwood]

[toonchoon]

If I was an American, I'd open up various bank accounts in the USA and deposit that money in order to trigger bank bonuses - anywhere between $50 for the Discover Checking Account to $300 on the Chase checking account. That's the no-risk way of investing.

$500 in bank bonuses so far this year, and it's only the beginning of March. Planning on $1200 for the year. Not a bad return.

And then there's the free big $$ stuff from the bank, but that requires one to actually have good credit in the States, and like .05% of American's living in Seoul seem to qualify for that.

[happyinhenan]

Amazing - no posts about buying/hoarding gold.

[PRagic]

@ Atwood

Avery familiar with the lit. But read deeper and you'll see that they're describing uber high yield chasing behavior that can overbuild exposure to certain sectors (e.g. utilities). Also, the long term strategy is not to buy with a look to sell any given fund in the short to hear long term, so gains to prices become virtually irrelevant (I say virtually because you wouldn't want to get clobbered in a monster market crash).

If you're looking to build and PROTECT wealth, and if you diversify while paying attention to alpha and beta stats, thereby attempting to lower risk while settling for modest (e.g. 4.5-7.5%) returns, dividend paying funds can be a justifiable strategy. And while, yes, you do pay taxes on the dividends, you pay that once, after which proceeds can be reinvested. Later on down the road when you draw income from the accounts, you'll have already paid those taxes.

At any rate, like most investment strategies, you can find arguments to support just about any strategy. Personally, I like to keep us diversified (stocks, funds, property), protected as much as possible, and continually building via regular installments of new capital and reinvested income. Everyone I know with a decent amount of money pretty much looks to do the same.

[atwood]

[PRagic]

I mentioned a DIVERSIFIED, balanced strategy, not putting one's eggs all in one investment basket. Our investments already annually generate more than many university instructors make in a year here and I'm still in my 40s. Good luck? Maybe. Not here to have a pissing contest.

[PRagic]

And don't forget that a LOT of actively managed funds are in fact deploying a total return strategy to boot anyway. In the end, we're pretty much on the same sheet of music, just arguing semantics. If you're making money and protecting what you have, hats off to ya!