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/biz/ - Business & Finance

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>> No.22014227 [View]
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22014227

>$1500 wagie/month
>$470 rent
>$300 groceries (very conservative estimate)
>~$700 remaining (after some luxury shit from time to time like ice cream)

>shove $500 into stocks
>$200 toward a 3 month emergency fund (~$2400, finished in a year)
>after fund is done, put the whole monthly $700 into stonks
>a weekly return of 0.5% on the stonks
>$50k in 4 years, quit job
>buy a house in some abandoned village for $10-20k
>set up solar panels and a greenhouse for $10k
>start an online business with $10k
>keep/reinvest $10k in stonks

Unfortunately I can't move back in with my parents because I live/work in a different country, so I'm wasting $470/month.
Foolproof plan, right? The market only goes up, right?

>>22013461
lmoa no

>>22013796
I use t212. Switched away from freetrade because they had a (((hidden))) fx charge of 0.45% despite all the shilling for no commissions, even when you click the "buy" button. T212 is much more open about their forex charges (which are practically nonexistent, besides the USD/GBP conversion fluctuations)

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