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/biz/ - Business & Finance

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Anonymous Mon Jul 29 18:51:19 2019 No.15028504 [Reply] [Original]

I have more than 100k in my bank. What should i do with it?

>>	Anonymous Mon Jul 29 18:53:12 2019 No.15028526 honestly if i had 100k in bank i would get into commercial real estate

>>	Anonymous Mon Jul 29 18:54:01 2019 No.15028544 buy a sick sports car, YOLO

>>	Anonymous Mon Jul 29 18:57:41 2019 No.15028585 >>15028544 this but unironically

>>	Anonymous Mon Jul 29 18:58:45 2019 No.15028599 >>15028504 You should go to the bank and cash it out all in $1 bills, then immediately go deposit it back into another branch of the same bank.

>>	Anonymous Mon Jul 29 19:03:19 2019 No.15028660 >>15028504 Really not much you can do other than spend it since the recession is soon.If it was me I would buy a sportbike like the Yamaha R1 since I only have a ninja 250. If it's money that you plan to spend anyways buy an C63s coupe AMG Mercedes.

>>	Anonymous Mon Jul 29 19:03:54 2019 No.15028664 I have 400k in the bank. Wtf do I do with it. Keep thinking I need to save for a down payment.

>>	Anonymous Mon Jul 29 19:05:10 2019 No.15028679 >>15028599 Checked and absolutely based >>15028544 Also checked but not quite as based

>>	Anonymous Mon Jul 29 19:09:22 2019 No.15028733 >>15028599 >>15028679 I just thought of a way to make it better. Take a single dollar out of the stack on your way to deposit it into the other bank.

>>	Anonymous Mon Jul 29 20:12:18 2019 No.15029527 >>15028504 All in on Biden 2020 for 9:1 odds

>>	Anonymous Mon Jul 29 20:14:16 2019 No.15029545 >>15028504 Buy rental property

>>	Anonymous Mon Jul 29 20:15:30 2019 No.15029563 File: 2.58 MB, 462x428, tenor (1).gif [View same] [iqdb] [saucenao] [google]

>>	Anonymous Mon Jul 29 20:16:00 2019 No.15029567 >>15028526 this right here. throw it down on a multifamily or even better some NNN stuff and then just coast.

>>	Anonymous Mon Jul 29 20:16:11 2019 No.15029569 God posts like these show how fucking young the average /biz/ user is.

>>	Anonymous Mon Jul 29 20:17:16 2019 No.15029581 >>15029567 Fuck that. I am not dealing with shitty tenants who always bother you about every little thing >>15029569 Im 31

>>	Anonymous Mon Jul 29 20:48:01 2019 No.15029897 maybe look for an investment that can reap 10x return in 40 days like VID https://1milperday.com/

>>	Anonymous Mon Jul 29 20:48:50 2019 No.15029902 >>15028504 Buy me some ETH or LINK

>>	Anonymous Mon Jul 29 20:50:24 2019 No.15029920 >>15029581 commercial and NNN means you have corporate tenants who don't hassle you. it's in the contract that they pay for repairs, taxes, and maintenance. Hence the NNN. think Burger King, dollar general, gas station.

>>	Anonymous Mon Jul 29 20:51:19 2019 No.15029929 File: 59 KB, 748x597, keker.jpg [View same] [iqdb] [saucenao] [google] >>15028504

>>	Anonymous Mon Jul 29 20:52:05 2019 No.15029940 >>15028504 I have 50 million in my bank account, I'm not sure how to invest it, will i make it with that amount?

>>	Anonymous Mon Jul 29 20:56:50 2019 No.15029988 >>15028664 ...make your down payment

>>	Anonymous Mon Jul 29 21:00:28 2019 No.15030034 >>15029920 Hmmm. I think i would need more than 150k

>>	Anonymous Mon Jul 29 21:00:58 2019 No.15030037 Buy bonds,you can't go wrong with 'em!

>>	Anonymous Mon Jul 29 21:04:33 2019 No.15030077 >>15028504 >68 KB >Anonymous (ID: xBJsb7fg) 07/29/19(Mon)18:51:19 No.15028 I can't believe /biz/ is full of people with money that don't actually do /biz/ shit! Just coin pumpers? Start a business!

>>	Anonymous Mon Jul 29 21:08:01 2019 No.15030110 >>15030077 Not sure if baiting or CNN but I like your digits

>>	Anonymous Mon Jul 29 21:10:03 2019 No.15030129 >>15028504 Depends. If you wanna be rich? Link. If you wanna be poor? Sent

Anonymous Mon Jul 29 21:10:18 2019 No.15030134
File: 114 KB, 900x400, gold-coins-eagles.jpg [View same] [iqdb] [saucenao] [google]

>>15028599
>implying banks even have $1,000,000 in the vault
Unironically take your fucking money out of the bank, Anon. You will get Jew'd in the recession we're already in. Ever heard of a bail in? You're now considered a shareholder of the bank and they will wipe out your account and have it replaced with (((bank credit))).

Buy gold you twat. Gold Eagles are non-reportable to the IRS because even the government cronies need loopholes when they move their money outside of the country.

>>	Anonymous Mon Jul 29 21:24:11 2019 No.15030284 File: 186 KB, 920x1202, 1563092978570.jpg [View same] [iqdb] [saucenao] [google] Brap.me

>>	Anonymous Mon Jul 29 21:34:15 2019 No.15030380 >>15028660 >buying a mercedes >ever You do know those are money pits, right? Possibly the worst investment out of all cars.

>>	Anonymous Mon Jul 29 21:36:37 2019 No.15030404 buy chainlink u stupid dumbfuck. do you not want to retire?

>>	Anonymous Mon Jul 29 21:38:12 2019 No.15030417 All in Bitmex 2.0 obviously https://www.coingecko.com/en/coins/ftx-token

>>	Anonymous Mon Jul 29 21:38:47 2019 No.15030424 >>15029527 Not only will Trump win in 2020 Donald Jnr is ready for 2024 and 2028 you basedburger

>>	Anonymous Mon Jul 29 21:39:13 2019 No.15030432 >>15028504 All in link unless you're actually retarded

>>	Anonymous Mon Jul 29 21:40:22 2019 No.15030443 File: 5 KB, 250x200, 5D853144-03CF-4ABB-A73B-9F357B42BFE2.jpg [View same] [iqdb] [saucenao] [google] >>15028504 Send me one Litecoin. For proof obviously.

>>	Anonymous Mon Jul 29 21:41:37 2019 No.15030457 >>15030034 no you wouldn't. CRE loans typically require 20-25% down. that's plenty to get a 500k+ property with 15%+ returns

>>	Anonymous Mon Jul 29 21:48:25 2019 No.15030531 Avoid real estate unless you can do the repairs yourself. Historically, the return for real estate has lagged behind global stocks

Anonymous Mon Jul 29 22:26:45 2019 No.15030962
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>>15028660
Are you 12?

OP should buy a index fund and nothing else. His dividends would be 3k per year, for ever. This would make a note on a R1 or a C63 used.

Investing means a payout. Splurging means your nigger rich

>>	Anonymous Mon Jul 29 23:38:02 2019 No.15031851 File: 110 KB, 865x552, 1561397286699.jpg [View same] [iqdb] [saucenao] [google] >>15028504 All-in on Chainlink

>>	Anonymous Mon Jul 29 23:43:18 2019 No.15031902 >>15030380 Okay scotty kilmer.

>>	Anonymous Mon Jul 29 23:45:01 2019 No.15031921 File: 188 KB, 960x720, 742bbbb5a6dc8adbcb1610d69c8ba37b.jpg [View same] [iqdb] [saucenao] [google] >>15030962 2012-2014 C63 AMG with the 6.2 NA is my current closely attainable dream car.

Anonymous Mon Jul 29 23:47:49 2019 No.15031956

>>15030531
>Historically, the return for real estate has lagged behind global stocks
If you're buying something to live in and pay for yourself sure.

Please explain how I can buy a property with 5% down and have it pay for itself essentially for perpetuity...and do worse than stock returns?

Anonymous Mon Jul 29 23:49:00 2019 No.15031974

>>15030962
I do agree index funds and dividends are great for passive income, Not a smart idea to invest in stocks or index funds when there is about to be a huge recession in the coming 1-2 years. Statistically the U.S. has had a recession within every 10 year period since the 1940's. So for 7 decades the U.S. has had a recession with in this trend. 2009 is when the last recession ended, It's almost 10 years. Sure if you said a recession was going to happen in 2015-2016 it would be speculative.

>>	Anonymous Mon Jul 29 23:50:44 2019 No.15031992 >>15028504 Roll all the bills into tiny tubes, stick them up your butthole and take a picture for all of us to see! :)

>>	Anonymous Mon Jul 29 23:50:54 2019 No.15031993 >>15031974 But we are getting really close and the market reflects this, It would be insane to say that in 5 years we still won't have a major recession. What I'm saying is the bubble is popping very soon.

>>	Anonymous Mon Jul 29 23:51:22 2019 No.15031999 Thai ladyboy whores

>>	nword Mon Jul 29 23:58:46 2019 No.15032080 I would invest in mobile home real estate

>>	Anonymous Tue Jul 30 00:02:26 2019 No.15032131 >>15028504 buy dai (slowly due to liquidity) or usdc and stake at compound.finance 14.7% apr for dai, 6.79% for usdc

>>	Anonymous Tue Jul 30 00:05:19 2019 No.15032169 >>15031993 Bitcoin is the pin that is going to pop the everything bubble. It's going to be the tool used to forgive the world's debt. Don't listen to these fools OP. I think you know the correct decision to make with your stash.

>>	Anonymous Tue Jul 30 00:11:06 2019 No.15032233 >>15031993 I agree the bubbles about to pop take your money out of the bank immediately I’m starting to believe it’ll be in the next few months between now and November . Capital ones breach in data could cause it

>>	Anonymous Tue Jul 30 00:13:40 2019 No.15032263 >>15028504 Hold it until it loses 50% of its value Go on biz and ask for investment strategies from retards and lose 50% in a year

>>	Anonymous Tue Jul 30 01:30:49 2019 No.15032945 >>15028504 All on red at the casino

>>	Anonymous Tue Jul 30 01:41:18 2019 No.15033054 >>15031956 >5% down you must be a burger. In Canada you need at least 20% down for a rental property. >worse than stock returns https://www.youtube.com/watch?v=7rvY2rIxdsA

Anonymous Tue Jul 30 01:45:17 2019 No.15033084

>>15031956
>5% down
you must be a burger. In Canada you need at least 20% down for a rental property.
>worse than stock returns
i should of qualified it by saying that, you would need to invest in global real estate, to achieve similar returns to a global stock portfolio, which is highly impractical.
https://www.youtube.com/watch?v=7rvY2rIxdsA

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