Just inherited $60,000 cash from distant aunt: what stock is the safest to put it on and make some good cash.
>still stock trading
You want some Eth.
>>1256528
Bitcoins fuccboii
>>1256533
What is ETH?
>>1256535
To hard to get liquid with 5 figures, would rather a security I can do through a day trade broker
>>1256528
You want some gold, nigga.
>>1256528
Cmg
Chipotle
>>1256528
Move to South East Asia, invest it and live like a king
>>1256528
Any oil fund, go.
>must hold for a decade.
>>1256528
MGT
>>1256528
>Spend it all on alternative cryptocurrency. ALL OF IT. I'm telling you, once bitcoin collapses they're all gonna be worth 10x as much! 100x as much!
>HURRY SENPAI. IT IS IMPERATIVE YOU DO THIS.
>I'm praying you're quick enough senpai. I'm already short of breath from having to type this so fast.
>>1256528
SPY or SPX.
Just buy some index funds or mutual funds, you're just gonna hurt yourself otherwise.
>>1256528
Ethereum
NVDA
CERU
>>1256528
Buy a piece of art from a bankrupt shitcoin investor, sell same art for $100K in a year.
>>1256528
KNPD
>>1257043
how much more realistically can NVDA rise though?
>>1257344
>not asking about ceru
ishygddt
>>1257384
literally my second time on /biz/ so I feel like I'm falling for a meme
>ethereum shills don't realize that the more they shill, the more eth will fall into disrepute.
shills, keep on shilling.
>>1256528
Those are all just $20 bills in that pic
There's probably not even 1k total in the pic lel
Honest answer here OP. Take 5k and put it in the bank for emergencies.
Take 2k and spend or invest as you like.
Take the remaining 53k and open a Vanguard account, and buy 4K of the total stock market index fund, ticker VTI, on the 15th of every month until you have invested the full 53k.
>>1257344
It's 65 dollars a piece in my model
idk tho
>>1258151
55*
sorry
>>1257460
Why not just all at once?
>>1256528
Bevome a hard money lender for real estate investments
>>1257442
>KNPD
It's from google Image
>>1258205
This was my first thought, invest in areas that are up and coming.
>>1256720
Is gold hot right now?
>KNPD
This ticker doesn't exist
>>1258251
search with the full name KneePad ltd. Co
>>1256528
> CONSUMER STAPLES
> O
> N
> S
> U
> M
> E
> R
Consumer staples is the best performing portion of the S&P since inception -- by a longshot. 10% per year plus the dividends.
I plugged it into Bloomberg's retirement calculator, and you'll hit 1.8 million in 40 years if you average 9% (conservative, given the secotr) and just let it sit.
Buy Vanguard's VDC until you can upgrade it to admiral shares in about 5 years.
>>1258201
https://en.m.wikipedia.org/wiki/Dollar_cost_averaging
Pissed cause a couple days ago SGYP was down at $2.67 (2 cents above 52 wk low). Didn't pick it up cause reasons. Now at $3.30. Plecanatide Jan 2017 I believe.
This thread should be stickied as an example of why you shouldn't be asking /biz/ for investment advice.
Did not google first. I would love to find a place where a successful trader who does their hw just posts what he/she is about to buy and why so ppl can just follow.
>>1256528
don't invest right now, the market is about to collapse. Hold onto your cash for a year or two and buy at the bottom, not the top.
>>1258521
>better
In what way? DCA lowers risk.. It says in the link provided it isn't necessarily the highest returning, it just prevents losses better... Which is what you want for your first big investment. Or don't, idgaf
>>1256528
GOLD
>>1256528
Put it all in lifestock. All.Off.It. Thank me later.
>>1258608
DCA is only bad if the stock market explodes in value. Even then you're still making loadsa cash, so why complain?
If the market crashes during DCA, you can keep lowering your break-even point, which helps your portfolio recover
Vanguard recommends DCA to help mitigate market risk
Bank of America
>>1259163
naaaaaaa J.P. Morgan
>>1257043
CERU confirmed going to the moon
>>1257387
I was scared of it being overshilled but its undershilled. Look it up, read about it, get in as deep as you can and never look back.
