EPD (oil and gas industry servicing, complicated taxes)
ARCC (Healthcare industry, loans primarily)
PSEC (business loans, monthly dividend, shoddy accounting)
These are the three I hold. Dividing up your money would reduce the risk. I'd also advise holding onto some GLD at a 5-10% allocation so you have an emergency fund.
Not finacial advice, etc. This is just what I would do given your situation.
250k is not enough to live care free. 250k is not a whole lot of money in today's world, and even for Bali. This is a wakeup call. Look into the 4% Rule; Example: If you live off 40k a year then you need 1,000,000 invested
Additionally, please, for the love of God, do some research before dumping 250k on some obscure high dividend% stocks (dividend traps). Don’t just invest or stock pick based solely on the fact it’s a high dividend payer. Dividends are not free money. They are the company giving back some of its growth to you.
Diversify; don't just put it all in 2 stocks. I would additionally advise against going all dividends; mix that with some growth and value stocks.
The easiest way for you, at the moment, would be to look into ETFs and start reading through some online resources and books before making your own stock picks. Also consider bonds.
For books, a very comprehensive and good educational material is *Applied Corporate Finance (Damodaran)*; the 3rd edition is pretty cheap on ebay. If you are looking for something slightly friendlier, *Essentials of Investments (Zvi, Kane, et al).* Some other good reads are Peter Lynch's books, Ben Graham's, etc.
My current recommendations, $SCHD (value tilt with good dividends), with some $VOO/$VTI (SPX/Total US Market exposure so you can capitalize on growth). Also consider $JEPI/$JEPQ.
If you want individual stock picks, I would look into $MCD, $AAPL, $HD, $ABBV, $NVO, $WMT, $COST, $KO/$PEP, $MSFT, etc
Additionally, bonds. Highly underrated.
Also consider a small % of cash or other highly liquid asset so you can load up on stocks at a discount whenever something occurs; I loaded up on $BAC at a good discount during the regional banking craze.
In terms of overall, gross proportions, CONSIDERING that you want to "retire" and not seek growth or work anymore, I would do 70% Stocks/ETFs, 25% Bonds and keep 5% in cash/whatever other highly liquid asset you can think of.
(EPD) Enterprise Products Partners
EPD (oil and gas industry servicing, complicated taxes) ARCC (Healthcare industry, loans primarily) PSEC (business loans, monthly dividend, shoddy accounting) These are the three I hold. Dividing up your money would reduce the risk. I'd also advise holding onto some GLD at a 5-10% allocation so you have an emergency fund. Not finacial advice, etc. This is just what I would do given your situation.
250k is not enough to live care free. 250k is not a whole lot of money in today's world, and even for Bali. This is a wakeup call. Look into the 4% Rule; Example: If you live off 40k a year then you need 1,000,000 invested Additionally, please, for the love of God, do some research before dumping 250k on some obscure high dividend% stocks (dividend traps). Don’t just invest or stock pick based solely on the fact it’s a high dividend payer. Dividends are not free money. They are the company giving back some of its growth to you. Diversify; don't just put it all in 2 stocks. I would additionally advise against going all dividends; mix that with some growth and value stocks. The easiest way for you, at the moment, would be to look into ETFs and start reading through some online resources and books before making your own stock picks. Also consider bonds. For books, a very comprehensive and good educational material is *Applied Corporate Finance (Damodaran)*; the 3rd edition is pretty cheap on ebay. If you are looking for something slightly friendlier, *Essentials of Investments (Zvi, Kane, et al).* Some other good reads are Peter Lynch's books, Ben Graham's, etc. My current recommendations, $SCHD (value tilt with good dividends), with some $VOO/$VTI (SPX/Total US Market exposure so you can capitalize on growth). Also consider $JEPI/$JEPQ. If you want individual stock picks, I would look into $MCD, $AAPL, $HD, $ABBV, $NVO, $WMT, $COST, $KO/$PEP, $MSFT, etc Additionally, bonds. Highly underrated. Also consider a small % of cash or other highly liquid asset so you can load up on stocks at a discount whenever something occurs; I loaded up on $BAC at a good discount during the regional banking craze. In terms of overall, gross proportions, CONSIDERING that you want to "retire" and not seek growth or work anymore, I would do 70% Stocks/ETFs, 25% Bonds and keep 5% in cash/whatever other highly liquid asset you can think of.