Hello /biz/
I seek your wisdom. I know there are a few of you who were smart enough to see the path and increase your money.
I am 26 year old, i am getting my life back on track, i am going to college. My goal is to have my own apartment by 30. I am good saving, i don't drink, i don't waste my money stupidly. I have a part time job. I can get maybe around 500 bucks a month free after all expenses are paid. How should i invest them? What should i do with it? I know saving alone won't give me much interest.
Thank you for any advice.
>>1295731
It's best to put 100 to 200 dollars into trump coin. In a couple of months it will be at the moon and your profit will astound you. But keep in mind this isn't an investment it's just a quick way to make some good profit
Fuck that man. Not so sure how much I trust trump coin. Bit coin value is currently sky rocketing as we know so I'd invest there.
>>1295731
Im around that age. my net worth is around 80k.. Just sayin'.. it aint easy.. took me at least 10 years to save all that up.. Im a freelancer so i dont work full time.
with your $500 a month.. you can save up to 6000 per year.. Should take you 2-6 of years to save up for a deposit on your own pad assuming your income stays the same
I invest in diversified ETF's.. the yields arent anything to write home about, but far better than a savings deposit
I invested in bitcoin a while back too.. although i didnt get rich from it.. Its value has so far outperformed my stocks
Investing will get you a good yield, but dont expect yields above 10% constantly
>>1295731
Guide 2 invest
Grandma mode (safest, but yields so low now worth)
- Treasury bonds
Nigger mode
- Open up 5% savings accounts with Netspend up to $5000 per account (requires direct deposit and other shit to be eligible)
Normie Mode
- Buy wide-index stock funds; hope the market doesn't crash and continues to chug along.
Slower but safer mode
- Buy dividend stocks that have a 10+ year history of growing their dividend
Ballsy mode
- Research and invest in growth stocks that are undervalued
/biz/ mode
- Buy the meme stocks in robinhood threads, hope for the best
Trump mode
- Buy Trump coins. Most estimates feel that once this coin gets mainstream exposure it will reach $1 each coin (currently 4 cents a coin) unreal gainz if it happens.
Bitcoins had a huge bull run recently, but most price targets stick it at $600 a coin. Still undervalued a bit and could always explode, so worth sticking some cash in them.
