/biz/ - Business & Finance

>>16647684
Silver and cash imo but I've been burned before. Also just because realestate is high generally you can still at least break even and stop paying rent if you buy in an 'upcoming' area and are smart about it (shit neighbourhood that has just received a public transport hub like a train station is a general go-to)

>He keeps waiting for the perfect time
>The house market and stocks stay more or less the same
>Money keeps inflating past his savings
>He's too paralyzed by fear to take a risk

>>16647684
So what you’re saying is basically too retarded to realise bitcoin has been trending upwards since it hit the bottom of the boom/bust cycle. Buy bitcoin you retard. Good buying opportunity.

if you bought the ATH in 2011 you'd have doubled or tripled your money or more depending. i won't be surprised if this baby boomer bullshit market goes 3x in 10 years which i why i am leaving my money in right now.

>>16647684
Same here, OP. I decided Jan/Feb 2021 I’m buying a house no matter if the market is fucked or not. I would honestly pull the trigger now but the Amazon HQ2 faggotry has made 1200sqft shitboxes 750k properties.

>>16647684
markets are at ATH the majority of the time. Unironically you will miss out if you decide to sit on the sideline. Get some skin in the game, even if it means buying crypto

>>16647759
Look I'm gonna give you a hint because I see that you're a yank and aren't gonna be buying the houses I want to buy here in AU but you have to stop being a fucking fag. Find a website where you can view housing price growth since the bottom in 2011 per suburb, consider the fundamentals (public transport, crime rates, etc) as well, but with the graph (housing prices per area) ensure you don't buy a house that has gone up 300k without serious change in its fundamentals. This is how you identify bubble money. This is super simple stuff. For example Albion in Brisbane is a suburb where house prices have literally gone up over 100k this year... There has been absolutely NOTHING to drive this price, no new infrastructure, shopping centres, its just speculation on growth in a general sense. People who think generally a fucking losers like OP. There are always opportunities to invest.

>>16647803
Thanks man, I’m actually from QLD originally lmao. The local market is pumping because boomers are fantasizing over Amazon money yet most of the DC area is filled to the brim with nigs, crime and terrible infrastructure. If I was smart, I would move again. Hopefully I can hold out until they realize nobody is buying at their retarded prices but I’m truly sick of pissing money away as rent.

>>16647684
>want to buy crypto
>extremely volatile, could gain a lot, could lose even more

Are you retarded? It's the opposite. You could theoretically lose everything you put in. You could gain many multiples of what you put in.

>>16647684

Just buy stocks. It's always ATH and it will always be ATH because it's going to go up forever and there will always be another pack of wage slaves after you who will have to buy if they want to retire and you can dump it on them in 30 years at 100k

>>16647684
Don’t buy yet anon! Smirk. The economeh is gonna collapse, rofl! Fed something something debt something watch Jim Rickards and harry dent! Muh yellow rocks!!!!

If it was going down you'd still probably chicken out from buying too wouldn't you?

time in market > timing market

>>16649129
i'll sip to that

>>16647684
Stocks are going up in 2020. Even the r*cession niggers have given up on expecting a recession.

Historically stocks have been rising 5-7 % per year on average over long term periods. Houses are usually following that somewhat, provided that you buy a house from the center of growth, not some shed in rural area (and even those can grow in value over time if lucky).

Cryptocurrencies are an interesting idea, but ultimately I doubt they are ever going to be commonplace currencies. Bitcoin is like gold except at the end of the day, you don't even own anything. At least you can trade gold to various (niche) industries and it is pretty. I don't see the intrinsic value in cryptos. Correct me if I'm wrong.

The inflation part of cash is true. As long as states want wealth, which is forever, they will be doing this hidden tax to your savings. So I'd put at least some of the money to investments. Just make sure you keep a few months worth of income in emergency cash.

>>16647684
>And I know for a fucking FACT the SECOND I buy any of these assets the shit will come crashing down.
Take one for the team.

>>16647684
SOXL. Face it. Semiconductors are crack in all but name. The desire for newer, faster, more is insatiable. Computers, GPUs, self-driving electric cars, AI enhanced smartphones, medical devices, microcontrollers, networking gear, machine learning, surveillance, infrastructure, it's endless. It doesn't matter how many there are, how fast or efficient they are, the demand is for more, bigger, faster, better. The clamor for fresh silicon gives nary shit for national identity, creed, hue, gender, asshole virginity or any other vain conceit; the multitude shouts as one their plea is: semiconductor. Semiconductor.
What delights the most on Christmas day? A semiconducter blinken the lights. So what's this SOXL? SOXL is an ETF, a 3x leveraged entry exposing you to all of the fastest growing, most innovative and successful companies the semiconductor space has to offer. Nvidia, Qualcomm, Intel, Broadcom, Micron, Texas Instruments, Applied Materials, others less recognized yet ppwering the things around you. Peerless visionaries animate these companies, these producers, beating at the heart of the real tech revolution. That is the hardware. And the SOXL ETF is all you need, it is a first class ticket. The last 7 years alone, humble SOXL ?quietly racked up no less than 42x gains. Gaze at the world around us, where we're headed. It's only getting started. There's nothing anywhere akin to the growth of the semiconductor industry and it is accelerating. Expect 420x returns over the next decades and that's frankly off the rails conservative.
Fren, stop waiting for the "pullback". Forget about buying any dips. Where this is going, a few dollars fretting over the price of entry won't matter and fucking around will just cause it to pull further away from you.
Strap in Anon. Now. Buy it now.

>>16647742
retard

>>16647684
Diversify. 50% in stocks and REITs. 50% in cash, bonds and gold. 0% in crypto.

>>16649966
>0% in crypto.
ngmi

>>16647684
>emotional investing
>not just buying in now and recognizing you're young enough that ROI on stocks will be plenty in your future.

QE isn't going anywhere, the bubbles will keep getting bigger, there's no shock in sight capable of bringing back 70s style stagflation, this ride isn't anywhere close to ending, goldbugs will get fucked

>>16647684
Invest in cash.

>>16647684
just buy crypto stable coins and lend it out for 4-8% kek. Best you gonna get kid.

>>16647735
Seriously. Holding stocks long term is a bad idea right now as they really have nowhere to go but down. However since everyone offers free trades now there's no reason to not jump in and out in the same day.

Celsius network lays 7-8% per year on stablecoin deposits. If you want no risk buy usdc stablecoin on coinbase and transfer savings to Celsius network app. Your welcome

>>16650211
Pays**

>>16647684
buy and short stocks using a system of indicators, fundamental research, and public sentiment. flip them over and over again for profit. it's not that hard and all of the information you need is available online for free.

>>16647939
your tears will be delicious

the crash could be delayed 5years from now. if you dont invest until it crashes u could get fucked because of this. i just invest in stocks i am realy sure they will rise 50%+ in the next 12 months. i set semi strict sell borders and just sell in ~12 months. this way im hoping to not get fucked by crashes like i would be from long term investments.

>>16647759

I’m a self employed (mediocre) graphic designer. I live in Africa.

I own 3 bed, 1 office, lounge, dining room, 2 bath, pool, garden and a view. I employ a nanny, housekeeper and two gardeners. It cost me $250k Wife is a stay at home mom, I work 3 or 4 days a week and afford this on a single income.

Remember this when you’re paying 4 time the amount to live in a roach infested box, working an 80 hour week as a wageslave to a Jewish boss.

>>16650298
Pic related

>>16650298
Based negger

>>16650298
I've met a lot of based South Africans in my day but you still couldn't pay me enough money to step on that continent anytime soon. That said, your assessment of the plight of the wagie here in the U.S. isn't wrong lol.

>>16649940
cute

>>16650298
this is basically why i got into stock trading in the first place lol. when you start educating yourself about stuff like the 2008 financial crisis and other fucked up shit that goes on in the economics of world governments, you begin to see that the system is rigged and honestly no one is going to help you. the best you can hope for is to get a piece of that corruption pie for yourself, be one of the ones taking advantage instead of being taken advantage of. pretty much every one is in one of these 2 categories whether they want to admit it or not, in the US.

that said, being on the "taking advantage" side is pretty fucking sweet, so i really can't complain.

>>16650324
Don’t believe everything you see on JewNN. There’s a great life to be had here.

>>16647684
>market is at world record ATHs
i can see a recession in the horizon

>>16647684
dca into crypto then, cant lose with btc/eth

>>16650354
Based af bro. Do you own guns?

>>16647684
>>want to buy stocks
>>market is at world record ATHs
Time in the market is important, not timing the market. Stop trying to gamble, pick a broad-based index fund and just let it ride.

>>16650354
>Don’t believe everything you see on th-
*Gets set on fire for being huwhite*

>>16649931
You could sell sand to an Arab, anon.

>>16649931
Is that baby yeed?

>>16650738
Yes this is the top, unless you like bagholding for a decade

>>16647742
You are going to make it.

>>16647684
your instincts are correct, anon. it is a great time to speculate on short-term movements in price, but do not make the mistake of "investing" at the top. all you can do is buy gold and bitcoin to protect your wealth from (((inflation))) and wait for better long-term opportunities in the rest of the markets

>>16650188
Why are you generalizing all stocks into one category?

The market will always be at all time highs for your whole life faggot

>>16650298
N

When all of these people ITT are telling you to buy, you should not buy. Always do the opposite of what /biz/ says.

>>16651614
Do the opposite of what he said.

>>16651543
ok look at the japanese stock market

>>16651650
No newb, you look at the japanese stock market since they started QE and a new yen policy with kuroda in 2012

>>16647742
Boomers are all retiring now

>>16651669
even after 7 years of kuroda's rabid printing and stock-buying regime, the nikkei is only at 2/3rds of what it reached in the 1980s. the idea that stocks always go up over time is the biggest fallacy out there. this is true if and only if company earnings increase over time, once you strip out speculation from the equation

>>16651669
the market will not recover! and if you consider the demographics you know that we are all fucked you are such a silly person to believe in the fairy tale that it will only go up and that everybody will get rich like people on this board did in december 2017

>>16647684
I got into stocks, then I got into options. Lost thousands of dollars in less than half a year.

I pulled most of my money out of the stock market and back into a bank account. What a fool I was. Have like $1000 left in my robinhood account, a bit of which is in an option that has become apparent in being heavily manipulated. Not interested in stocks or options anymore when manipulation is so obviously happening.

There's better and safer investments than the stock market. Had I gone with real estate, at least I'd likely have passive income coming in by now or everything set up and just waiting to get a renter. Or my personal project, at least the funds would be better used. Or even a bank account would yield me more than the stock market. Or going back to college to get certified in a certain job field which I believe I'd have better odds working in compared to my previous jobs and likely be successful at.

Not sure how I'm going to explain my large loss if I get asked by my parents.

All in Chainlink. That's what I've done. If you know, you know.

>>16647684
Value investing & precious metals

>>16651650
The US population is going to slow down anytime soon. Demographics reason are the biggest reason for Japan's slowed economy. Immigrants do ultimately help the economy because they still have to buy shit.

>>16649592
>I don't see the intrinsic value in cryptos.
The value proposition is that (if you do your part) they cannot be confiscated and cannot be censored.

If I want to get married but am worried that the woman is just after me for my money, my wife doesn't ever have to know how much money we have and can't ever demand that a judge give her half of our total assets. (And when you say "but Anonymous, premarital assets don't get divided!" I say "fucking get serious, judges routinely ignore that and you fucking well know it, anything that has gained value or been commingled in any way, shape, or form can get stolen from you by some vicious greedy harpy and an assholier-than-thou black-robed man-hating government-enabled robber baron.")

If I want to send money to relatives in Iran, I can either risk getting prosecuted by the US Government for violating their sanctions, or I can fire off a Bitcoin transaction.

If I want to buy Edward Snowden a pizza, thereby violating Obama's executive order making that a felony, I can laugh and go to a BTM and put in a couple of pieces of fancy-printed paper.

If I want to set up a web domain anonymously so that I can make and sell bestiality porn, I can pay for the domain via Namecheap and the server hosting by any number of places.

If someone in some undefined location anywhere on the planet, anonymous to me, does something perfectly legal that I want to send him money for having done, I can send him that money, and he doesn't have to know who I am or where I am either.

I've done at least one of these personally. To me it's valuable. Maybe you don't have to worry about any of them, ever.

>>16647684
index funds you faggot

>>16651895
i lost 40k with crypto i told my mom yesterday she only said shit because she knows i have a good job and my networth is still 6 figures but i felt a ton of shame desu because i felt like a degenerate gambler

>>16647684
And to you, OP, I say: there is risk in absolutely everything that you might or might not do. Taking no action is also an action. You can choose the inevitability of your money slowly losing value, or you can put it at risk doing something.

You might consider starting a small business. Put a couple of grand into a van with a refrigerator in it, and go around selling ice cream bars at the beach for 5X what they cost at the grocery store. All it takes is effort and some research into what the market wants -- don't be that guy who starts a pizza shop and refuses to let his customers choose the option of getting real cheese on the damn pizza because I'M A VEGAN AND I WANT TO FORCE EVERYONE ELSE TO BE VEGAN TOOOOOO!!!!

(I know someone who did exactly that. He was out of business in four months.)

Also don't be that guy who opens a restaurant in a location with zero parking anywhere near it and no foot traffic to speak of. I know someone who did that too. He got zero customers in his first week, I showed up the first weekend as the first and only customer, and I couldn't even be that first customer because he'd already decided to shut it all down.

My own business plan is going to take about a $6000 initial investment and I can make it all back if I sell 100 items out of the 500 that I can make from those supplies.

>>16651962
>The US population is going to slow down anytime soon.
Not sure if you forgot a word there. The US population would be stable except that every spigger on the planet is jumping our borders to move here. Unfortunately, these immigrants are mostly retarded and mostly a net drain on society, between crime and welfare benefits that they can't even legally claim but do anyway.

>>16647742
Based and money pilled

>>16652136
I did. I meant to say "is not"

>>16650298
>Africa
enjoy your aids

>>16647684
Crypto is by no means at ath and is probably the only chance to buy low nowadays. Yeah you probably drop further but least you aren't buying at 20k.