/biz/ - Business & Finance

all-in on snail farming

>>15884454
Go all in on a cryptocurrency called “Chainlink”

>>15884444
$1000 confirmed eoy

I don't know but 5-10% should go into xrp

Canned food and shotguns.

We're entering into a new grand solar minimum that is going to cause widespread temperature drops, crop failures, and starvation. First priority is to buy self-defense tools and food to survive on during the early years. If you live in a city, consider buying a rural stronghold such as a former Titan missile launch complex.

>>15884469
youre seriously still bagholding that shit?

>>15884488
don’t worry, global warming will offset the solar minimum

I'm going to give you the best advice you're going to get out of this place: if you're already living comfortably without that money, get with a professional investment firm and start dumping the money into mutual funds and Roth IRA. Personally I recommend staying safe to moderate risk and get something in the 5% to 10% return range. Save that money for retirement, when you hit 62-65, that money should be close to or more than a million which will not make you rich but will allow you to live comfortably on top of collecting social security and any other pensions.

Or be a dumbass and invest in some cryptocurrency scam.

>>15884454
DCA in bitcoin and wait until 50K+ and then see what the market does

>>15884454
market buy link

>>15884454
open a bakery
there's a reason why bakeries are always the most profitable during recession/hyperinflation

>>15884544
Even with the shakiness of the market right now? The inverted yield curves and rich investors stockpiling cash got me spooked.

>>15884554
DCA?

>>15884454
>Serious replies only.
Invest it all on black

>>15884501
I'm in the green kid

Put it all in leveraged memeREITs with +20% dividends like MRRL REML MORL etc. You will get an extra $30k per year to your income after taxes.

>>15884454
Depends on how old you are, and what you want from your investment i.e. Whether you want income or set and forget capital appreciation. What country do you live in?
t. Investment advisor - avg client $2m - will actually give you a serious answer

>>15884813
30 year old white male in the US. Girlfriend, no kids. No mortgage, no debt.

Gross about $120k a year. Probably $70k after taxes and deductions.

Want to see what's out there. One of my friends got mad at me and basically said, "What CAN'T you do with $250k?" Which made me feel bad, so now I came to this board to see what's possible

>>15884544
Are you completely insane, mate? Save money until you're 65???????
I am literally unable to comperhend this stupidity.

>>15884488
See this is the kind of post that takes my faith on this board

>>15884838
Look into putting 5-10% on gold.

>>15884488

Faith in humanity restored

You know what to do

>>15884838
Mate I will give you the best advice here, ignore the trolls here.
You have 250$, dumping the money into investment firms is completely idiotic in this period of time, we have fucking recession coming, you'll lose everything. Please don't throw your money into some stupid ass fund and then get your nerves wrecked when you see market crashing. Those firms will fucking scam your ass, trust me I know.
Now, DCA some of that money into BTC only, maybe 10-20k until you have few BTCs.
You have 230k left, don't do anything with it before you backpack in Europe. You will get knowledge, you will get different perspective, you will learn. I would not recommend big cities and popular turist places, insead travel in smaller towns, there are AMAZING places in Europe that nobody knows about. Go and live there for a while, it's not expensive.
Go travel my friend.

>>15884454
Sourdough bread

>>15884904
It's jew telling you to waste your money!

>>15884904
>backpack in Europe
>get stabbed by muslims, $200,000+ now worthless because you're dead
Hmmm

>>15884917
>>15884938
You're wrong, they are only located near big cities. Small places don't accept any immigrants.

>>15884904
>DCA
Sorry, I still don't know what that means.

But otherwise sound advice. What do I do after the big crash?

Accumulate 10 Bitcoin. I would just market buy at these prices, honestly. Pretty soon we'll be going above 10k and won't come down again.

You'll have a million dollars in 2021 if you do this. Look up the halving/price charts and the stock-to-flow model.

Godspeed, time is running out so be smart and start your research.

>>15884995
That's intriguing, but will it really go that high with all the normie attention it got in the last cycle, or will that poison the well?

Sorry, still green.

>>15884488
>Triple dubs
ok normally I'd call you a retard alarmist but just for that I'm getting five years of canned corn, spam and beans plus purified water.

>>15884454
invest in me to help turn society back some years when times where better.
So you and your children can have a better time in the future instead of the fuckup we are heading to.

>>15884575
>DCA?
Dollar cost average

>>15885015
it will go that high BECAUSE OF the normie attention, all the people who were sitting on the sidelines watching others get rich from BTC's meteoric rise and deciding next time it will be their turn to get rich

>>15884978
buy $XXX of BTC every week/month. Sell when you feel euphoric.

Buy enough fantom to hold a validator node or 2.

>>15884454
>Recently came into $250,000.
>How do I invest this? Serious replies only.
>>15884838
>One of my friends got mad at me and basically said, "What CAN'T you do with $250k?" Which made me feel bad, so now I came to this board to see what's possible
>Gross about $120k a year. Probably $70k after taxes and deductions.

Your 'friend' probably knows even less than you and is talking from ignorance. With your initial capital you could easily be a millionaire in 10 years with very little skill.


What are your goals and how much time can you spend?
Mine is to make $3 mil then just live of the the returns I can make off that which is 7% - 10% with very little management and I can dedicate like 10 hours a week at least.

Since your new the biggest thing is not to lose capital while activating your brain.
I would buy:
5% Gold/ Silver
5% BTC
20% SP500 index fund
https://investor.vanguard.com/mutual-funds/profile/VFINX
75% cash
These investment amounts are big enough to get you looking at price action while none of them will go to zero.

Keep in cash until you learn how you like to trade/invest
Then with whatever you save for the future from the 70k you can do some of the more risky trades like buying shitcoins, small cap stocks and options.

You want my investing/trading copy pasta?

>>15885611
typo
70% cash

>>15884995
>>15884838
Don't listen to all these retards. There are simple fixed t hings to do for every person to ensure financial stability at a minimum and some variable things depending on your goal (retirement fund, 10xing your money etc)

>Set aside 6 months to 1 year of your average expenditure as an emergency fund (ideally in a high interest savings account)
>There is possibly a recession in the horizon, usually what should be done is putting your money into low expense, widely diversified ETFs through DCA

I'm being brief here and omitting a lot of info, let me know if you want more details OP.

>>15884454
look muricans, this is what real bread looks like

>>15885763
>being that proud of his source of carbs

>>15884454
All in XRP m8

>>15884488
> just consider buying a retired governmental bunker in the country!

>>15884454
Invest in yourself at first. Crypto should be treated as a gamble, if you're willing buy a trade bot.

>>15884488
Luckily I have a rope, so I don't need any of that expensive bullshit. Thank you Jesus

>>15885789
>being that proud of his source of carbs
that anon is a carbohydrate chauvinist

25k btc 25k link

>retire

>>15884454
Put 200k into a Vangaurd account and cover it across etfs VCORX, VTI, DDM, DIA, QQQ, GLAD, SPY, VIG, NOBL, and TQQ. You should put even mix into them all.

With the remaining 50K invest in yourself not take a vacation or buy thing you want faggot. Find out what you want to do in life that is answer the question "if I could do anything what would I do?" answer that for yourself and then use the 50K in education and training towards that thing.

>>15884838
Oh shit your kind of well set. Hmmmm ok long term passive income option buy property in the Saudi Arabia of wind. I'm dead serious. Buy dirt cheap property primarily in Nebraska and Kansas. You want to get like 4 wind turbines on that land. Depending on the area you can earn about 4-6k annually per turbine. It may be a steep initial investment but with no debt or mortgage you can realistically retire by 45. Also buying some gold and then burying it somewhere in your land would be a good idea you can then make a map and shit for your relatives one day instead of giving them shit in the will.

http://www.windustry.org/how_do_i_lease_my_land_to_a_wind_project_developer
http://www.whirlopedia.com/index.php/saudi-arabia-of-wind/

>>15885611
viable and reasonable pilled long term strategy. not OP but i'll take a gander

>>15886248
>not OP but i'll take a gander

Learn to trade options form ex floor traders
https://www.youtube.com/user/tastytrade1/videos

Why selling options has profits
https://www.tastytrade.com/tt/shows/market-measures/episodes/actual-vs-implied-moves-07-16-2019
https://www.youtube.com/watch?v=amao0pJE1XI
I would start by selling a put on cheap stock you would own anyway.

Guy makes a million a year on 5 million consistently selling options
https://www.youtube.com/channel/UCg6XBPhtVqntGhtAblXxybg/videos

Learn from actual money managers
https://www.youtube.com/user/OpalesqueTV/videos

Chat with traders is good to start so you can learn what style matches your.
https://www.youtube.com/channel/UCdnzT5Tl6pAkATOiDsPhqcg

If you’re good people give you money based on performance
Jack Schwager who wrote the Market wizards book series created a platform to give traders money
https://fundseeder.com/traderplatform
https://youtu.be/IpQK3Oo1zSI


Martin Armstrong has a super computer that makes price predictions and it's really accurate. He has 6,000 years of economic data in there. I highly recommend you read his stuff. That's where I got a trade idea that went up 44X
https://www.armstrongeconomics.com/blog/
http://ask-socrates.com
This board covers options trading in detail
>>15604905


Value investing
Mohnish Pabrai is friends with Buffet and compounds at 26% and runs his value investing funds himself
https://www.youtube.com/user/mohnishpabrai

Learn how buffet uses reinsurance to lever his returns and compound tax deferred. It's a structural thing.
https://youtu.be/cNQ4UBhj5X4

>>15886248
Here's an option trade you might of liked.
I didn't do it, my current strategy is to do these types of trades consistently. I've had some success.

What is your current strategy, holding a mix of ETFs?

>>15886360
>>15886399
based actual business related content poster.

I basically have a mix of what I posted not at the volume of what OP mentioned but around 45K. It's all content that gives me dividends so I set it and forget it and let it make more money reinvesting the divvies. I cannot for the life of me find employment right now and it sucks ass I need to max out my ROTH before end of year and then might just take a 2 year contract at a loss to put additional experience on my CV.

>>15884454
Buy 30 Bitcoin, and no I'm not kidding

>>15884488
The disaster of every prepper's life is that the disaster never happens.
God damn is that a quote already? I feel like that could be quotable.
Anon, 2019 if not.

>$50k in the bank
>like 5-10 BTC.
>20k Chainlink.
>$20k in gold.
You could trade with the rest desu. I wouldn’t be messing with equities right now but maybe some derivatives would be nice.

>>15886553
>based actual business related content poster.
I appreciate the acknowledgement
> It's all content that gives me dividends so I set it and forget it and let it make more money
good work embracing the power of compounding
>I cannot for the life of me find employment right now and it sucks ass I need to max out my ROTH before end of year and then might just take a 2 year contract at a loss to put additional experience on my CV.
What industry do you work in?

>>15886612
Fuck off with the chainlink shit
The money he would put into 20k of chainlink should be put into ethereum instead. It's a much safer bet because eth is so widely used. No one knows if chainlink is actually going to be used.

Well if I were you I'd wipe the cum off of it first

>>15886634
>The money he would put into 20k of chainlink should be put into ethereum instead
>It's a much safer bet because eth is so widely used

>>15886615
IT. stakeholder facing troubleshooting along solutions architect and techincal operations coordination. been training in software dev, scrum and agile methodolgies. I live in a pricey area and no one is willing to pay me what I was making or asking for. the contract is gonna lock me in at 45k and then 55 k a year later. its mostly fluff but I'm used to grinding. been brought into face to face interviews to get ghosted for the last 4 months. it sucks but I'm not bleeding out just yet. gotten a few free training things from unemployment too. new one coming up soon around the 15th and then a big function for networking week of the 22nd.

Get a few motel rooms, a few hoes, and pimp em out on listcrawler for 200 a 1/2 hr

>>15886839
>been training in software dev, scrum and agile methodolgies
Since your embracing the learn to code meme here's my copy pasta for that.

Stack Overflow survey: Nearly half of developers are self-taught
https://www.infoworld.com/article/2908474/stack-overflow-survey-finds-nearly-half-have-no-degree-in-computer-science.html

https://www.freecodecamp.org/

https://lambdaschool.com/
“With online classes taught by live instructors and one-on-one mentoring, Lambda School is your gateway to a new career in just 9 months. And the best part? You won't pay a cent until you land a high-paying job.”

Jobs currently available
https://www.indeed.com/jobs?q=Javascript&l=

This Week In Startups. Keep up to date with the cutting edge of tech from and investing lens
https://www.youtube.com/user/ThisWeekIn

I recommend learning js and node.js so you can do both front end and back end.
Front end I recommend React.js cause Facebook actually uses it on their site.

The big trend coming up is called "serverless"
If your willing to take some risk learn this
https://aws.amazon.com/amplify/
TLDR on serverless
Build apps that only cost money when people actually use them.

Using Amplify I built a CRUD app in like 3 hours with nested object models and authorization with amplify.

>>15886636
Lmao I haven't heard a good one like that in years on this fucking board

Serious response:
>Electric vehicle indexes
>American fracking corporations
>Manufacturing in Vietnam and India

Retarded memer addicted to daydreaming response:
>Cryptocurrency
>Companies with a 'gig' business model

>>15886839
Believe it or not, you're asking for a salary that's too LOW. Solution architect = minimum $75 - 95k, corp2corp

>>15884544
Nice bait.

>>15884454
unironically bread
https://coinmarketcap.com/currencies/bread/

>>15884544
Serious question, why bother saving for old age? What is the point of millions at that age?

>>15884544
LMAO this is how boomers end up working at wallmart until they are 80+

OP invest 200k in UPRO as a safe bet. Put 20k into chainlink and then use the last 30k swing trade on the market or just put it in UPRO if you're a little bitch that can't close.

If chainlink explodes you'll have more money than you know what to do with. If it doesn't you'll make that money back on UPRO within 3-5 years.

Unless the market collapses forever in which case you should just buy lots of led, gun powder and farming equipment.

>>15885611
>>15885625
>cash
Are you retarded?

>>15884454

>>15886248
>if I could do anything what would I do
Sit around my house all day watching anime, masturbating and playing video games? How does one make this a career?

>>15887075
You know how boomers work their entire lives and then when they are old and retire they buy a fancy sport car they've always wanted. They finally get their dream car and what do they do? They drive it at 40 mph on the freeway. Its the perfect allegory for these types of people.

>>15884454

Buy REFR

>>15887175
>Are you retarded?
yes, 70% sits in reserve while op learns to trade
>If chainlink explodes you'll have more money than you know what to do with. If it doesn't you'll make that money back on UPRO within 3-5 years.

You think OP with no experience could hold UPRO on a 50% draw down that occurs in 1 month?

I prefer leverage via options. Cause of your faggot comment I'm looking at UPRO LEAP options so thanks for that.

You just long UPRO and shitcoins?

>>15884454
Why is there 70+ replies in this thread? You're asking this question on a chainlink board you fucking faggot the answer is very simple.

>>15887020
well not really see the thing is I'm asking for around 68-73 to low ball any competition and then request additional training or tuition reimbursement compensation.

>>15887189
stream your self masturbating to vidya and anime bro theres even a yucky twitch that allows grody nekkid people to stream Picarto.tv plexstorm.com nood.tv
actual entrepreneur move. big dick energy if you actually do it.

>>15886970
the 2 year contract is an identical model to the lambdaschool option.
Adding the freecodecamp site to my bookmarks on programming and looks like js and node.js are just a type of javascript. I'm familiar with some AWS services already but I never saw this amplify serverless stuff. Good shit anon.

>>15884488
>stock up on canned food, ammunition, and supplies for a decade
>go outside on day 2 to go collect water and get shot by a gang of raiders
preppertards are delusional

>>15884454
Serious reply: put it into SRET. It is an REIT index fund paying ~9% a year. Price has been relatively stable for 5+ years. This would be an easy ~$24k a year return.

>>15884454

10 pounds of gold.
Being completely serious. Now is the time to hedge not invest. Buy only when there is blood in the streets.

>>15884454
buy moar bread

>>15884841
>>15887163
>>15887055
Disgustingly retarded zoomers who cant comprehend their own lives beyond tomorrow.

The point of having millions at 65 is not so you can buy sportscars and live in a huge mansion. Its so that when you're too old to work, you will have financial stability. It's so that you wont have to mooch off family to support yourself. It's so that you dont have to wagecuck until you are literally dead.

$1m will get you about $4000/mo for the next 20 years. Imagine being in your 70s or 80s with pitiful income, having to live like a bum or even worse, burdening your children. Dont be a fuckin idiot and fall for these get rich quick schemes.

>>15887461

>>15886606
I'm stealing it

>>15887461
>prepping everything but water
Why do dipshits like you feel so proud to pat yourself on the back for utter retardation like this?
Keep your retarded strawmen to yourself, you pitiful house pet. You obviously do not survive what's coming, and are projecting your inadequacies.

>>15884838
Dude your earlier fears about the market instability will serve you right. Eliminate any outstanding debt. Take your GF on a short vacation. Buy 5oz of gold and put the rest in a high yielding savings account to weather the coming storm. Use the interest to buy BTC.

Having a chunk of cash in the bank will mean you have buying power when blood is in the streets in the next 2-3 years.

>>15888653
>>15888788
cope
>>15888788
>I will literally never need to go outside of my bunker for any supplies ever
>no one will ever think about raiding my home because it's out in the woods, just ignore the fact that everyone in the cities/suburbs will immediately flee to the woods as well if urban areas become uninhabitable
more cope bro