Having an amazing day and I was wondering if anyone wanted advice on
BUSINESS. FINANCE. INNER WORKINGS OF THE STOCK MARKET.
That's it- no women talk here. If you get the money the women will come
>>16763158
I'll bite. I have a decent amount of money languishing in a savings account.
$30k
I know it is doing me no good there. Where can I put it to make more money while exposing myself to minimal risk?
>>16763158
how are the jews responsible for the stock market?
why would i ever need a financial adviser to trade my money, take a cut, and risk nothing?
>>16763184
The lowest risk dividend yielding blue chips or indexes you can find.
Treasury Notes is another option- very small reward, very low risk.
When you have $30,000 to your name, trading isn't worth it- you need to just work and have MORE than 30k net worth- simple as that.
>>16763188
To protect you from your own greed- usually.
>>16763158
I have a useless degree and a few years of office experience, with less than $5k to my name. How do I turn my life around?
>>16763190
How much is enough to begin trading successfully?
The entirety of my assets are closer to $180k, but I'm absolutely not a gambling man.
How do you feel being part of an industry that contributes greatly (if indirectly) to human suffering?
>>16763200
Learn- knowledge is power.
That doesn't mean useless degrees- it means learning how life works.
I know all about coins- so , grandad dies, his idiot children sell their inheritance to me for pennies on the dollar,
I make out like a bandit, buy them dinner, maybe a cheap whore, everyones happy
>>16763215
If you want to invest it diversify.
For example, I own huge $$ in gold miner's ETF- which has gone down 90% recently- just bought in.
If oil keeps going down or stays down, mining costs will go lower and lower and those ETFs will go up 1000% in 5 years- it's leveraged.
Now, I also own oil futures, which I think are at the bottom.
So If Oil goes up, and my gold miner ETF is worth $0- hey, my Oil is through the roof!
I would say $100,000 is the MINIMUM to think about the market- otherwise,
HOME OWNERSHIP IS ALWAYS A PRIORITY- UNLESS YOU ARE IN A REAL ESTATE BUBBLE.
>>16763217
That's a lie, for the most part.
It's an industry playing musical chairs and hoping the music never stops because 90% of the chairs are gone
>>16763225
>I would say $100,000 is the MINIMUM to think about the market- otherwise,
Not the other guy. Well, fuck. I don't want to buy a house because the market it high right now and I don't want to be stuck in this city. There really isn't anything I could do with a couple tens of thousands of dollars?
>>16763236
I mean, hop on cragilist, try to find some guy selling junk silver below spot... sink $30,000 in and try to sell it for $35,000 online
It's pretty easy to make money, anon