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/biz/ - Business & Finance

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20290250 No.20290250 [Reply] [Original]

I have my emergency fund at 10k which is honestly 2k over what it needs to be assuming it covers 6 months no income. I already account for/ set aside money to max my IRA/401k contributions yearly. I have 1k handy and $500 every paycheck starting now to throw into other investments. Is there anything else I should be investing in, or is it time to play stonks?

Also my friend told me to play options but that shit seems dangerous, what do

>> No.20290278

>>20290250
wait for tether to implode and crash the entire crypto market to near zero and then buy link

>> No.20290294

>>20290250
dude you are on a crypto board come on

>> No.20290609
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20290609

>>20290250

Check out ShareRing (SHR). If it succeeds and captures a large portion of the travel industry, it could potentially 100x. Only around a ~7-8 Million Market Cap currently. DYOR though!
It’s available on Binance Dex

>> No.20290759

>>20290250
If you're going to start playing options, you're probably going to lose money as you learn, so start small and trade credit spreads, not naked calls. Also consider building positions in income paying assets like REITs, mine are in cell towers and private prisons, obviously stay away from malls and office space ones. Don't just jump in thinking you're going to hit a home run with workhorse or Tesla OTM calls, stonks need to be slow and steady
Also if you want to try to day trade go with crypto, it's much less red tape and the assets move more and it's a good way to learn with little money at risk
Good luck fren