Alright boys. I'll be receiving around 200k over the course of the next 8 months (inheritance, no will, waiting on probate nonesense).
What skills do I need to learn to make my money, make more money?
Is a stock broker a waste of my time?
Would business classes teach me anything I can't learn in my free time?
Finally, I'll be continuing my night job which fully pays for my daily expenses, rent, etc. I'll be able to fully utilize the 200k without living off of it after a few quality of life purchases.
Oh sweet goddamn, KEK in I.d. it's a sign.
Self bump
>>1297205
>Would business classes teach me anything I can't learn in my free time?
no, learn how to evaluate stocks. everything you need to get you started you can find in gurufocus webinars and investopedia.
good luck
learning how to invest is not the hard part of making money, but knowing where to invest.
>>1297234
I see. Now, you're likely to laugh at this, but I did some faggot ass *investing* in some video games. Mmos, when I was a kid. Controlling item prices in markets, things like that. Do the same principals apply? Consumable items, products, bi products, and long term non dissolvable things are sold and bought in different ways at different times, pay attention to world events likely to influence stocks, luxury items and commodities in times of flourishing economy?
>>1297247
If it's in any way translatable I think I can develop that "obsession" with the stock market that I hear is necessary to be good at this.
>>1297247
>>1297254
a market is a market, regardless what you sell, ofcourse I reckon it is regulated differently than in video games.
if you like to research markets, companies, future trends, you'll like investing. this is also what differentiates investing from speculating, namely the based research and analysis. of course there is always a percentage of risk when predicting future trends, it is your job however to keep that risk minimal, so that nothing can happen what you were already not aware of in the moment of taking a position.
>>1297274
I like to research in general. I must ask though, do you enjoy the market? Research and all?
See, my problem is, I do well at anything I enjoy. I do poorly at things that don't stimulate me. If I can come to enjoy the market, I'll be a millionaire. If it's dry, I'll flop.
Don't get me wrong. I enjoy money. Money is security. Money tells me that tomorrow, no matter what happens, I can go to my favorite restaurant. Money tells me I can support a family if I ever want one. And I think that alone may be enough.
I also want the market to exhaust me. If I'm not exhausted at the end of the day, it wasn't a full day. Is it as exhausting as it sounds?
Bamp
Two pieces of advice:
1. Put the money in a Target Retirement account and leave it alone, as you'd know if you read any rationale investing guide. Seeking financial advice from 4chan about the stock market is patently retarded.
2. Stop bumping your thread. /biz/ is a slow board.
>>1297205
My conventional wisdom is to put 70% of that into long-term bonds, but the /pol/ in me says the bond market is inverting globally and that the ECB & Fed are about to push us into another recession.
Can someone smart please just come type a few paragraphs.
>>1297205
Brother just put all that into hashocean
1% a day for life, no stress
