I have $33,000 that does nothing but sit around in a bank account. Interest rates suck all around, so I'm not satisfied with a savings account or CDs.
So /biz/, what should I do and how should I do it? Any and all advice is appreciated. Pic unrelated.
>>1303911
Gamble on the Brexit
Look into Valero (VLO) stock. It is a conservative old school oil refining company that has a strong balance sheet and pays %4.5 dividend.
>>1303911
buy DAO
OP, I am in similar position so I would also like to draw upon the collective wisdom of this mongolian basketweaving forum. Currently have about 30 grand cash and turn 30 next week. No gf or debt. What do biz?
If you need advice on investing your money, just stay out of the market. Put it into a CD or something or you're going to lose it to someone a whole lot smarter.
>>1303911
Just incase this is a real question.
Open a trading account, with your bank is likely easiest and most convenient, put your money in ETF's that track an index.
>>1303911
Have you heard of something called "ethereum"?
>>1304294
This guy is being sarcastic, but if you're <30 with no debt, why the fuck not
>>1304434
This. Buy into Vanguard ETFS - probably best is the Vanguard ETF tracking the S&P 500 and make it reinvest dividends.
It isn't flashy, but it will make money for you over the long run.
>>1303911
Learn all the tools you need to invest. Tasty Trade is pretty good all around for Equities, Options, Futures.
and cash.
Once you're familiar with everything figure out top tier strategies.
Frankly though, best bet if American is to get a business broker. In America, you can get approximately 4% loans at 10% to buy an existing business up to $25M.
You can borrow for the down payment too. a shitty 5% margin business pays you 1375 a month @ 330k starting.
most businesses are priced between 8-12% capitalization rate. so minus debt service you're at 4-8% cashflow before any value added plays.
Remember you're gonna want to stack for as long as possible to take advantage of that 10x buyout leverage.
>>1305992
>Frankly though, best bet if American is to get a business broker. In America, you can get approximately 4% loans at 10% to buy an existing business up to $25M.
Where can I learn more about this? This could be way better than the stock market, but I would be afraid of buying a lemon and promptly going bankrupt.
>>1305992
What businesses are you invested in, Anonsan?
Do you run them or minority investor?
Or are you a broker yourself shilling?
>how do I even search private investment op's
>not getting cucked by franchise fees or broker Judaism
>no offense
>>1304403
Pretty much the same here. I am 31, have around 40K USD in cash and no denbt. Looking for advice. Last year I bought a flat in Valencia, Spain for around 40K with my brother. Spanish economy is recovering and those sweet prices may go back to normal soon. Also it's a place I would go to on vacation anyway and there are some nice opportunities for renting to Erasmus students. Here's for my advice on something that seemed to work fine for me last year. Now what to do with the cash I currently have? I don't like stocks, bonds and cryptomoney. Been looking into prosper.com
>>1303911
T R U M P
You invest that much, and you'll be a fucking multimillionaires come August.
