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22870066 No.22870066 [Reply] [Original]

>be me
>21
>graduated and have a “comfy job”
>$50,000 gross salary
>$8,800 in debt

I have little funds for investing, I have been paying $2,200 to my debt, and $800 a month DCA-ing LINK

I only started working at that salary a month ago.
>200 LINK

Convince me that buying an index fund is better than simply buying LINK.

I intend on holding my LINK position for a minimum of 8 years, I will continue adding to my stack, regardless of if LINK is $8 or $800.

Any suggestions?

>> No.22870105

>>22870066
8 years? dude, something else will be along by then and link will be off the radar.
you should be putting most of you salary into an aggressive stocks only index. stocks are going to explode over the next 5-10 years with the tech boom to the 3rd world.

>> No.22870167

>>22870066
stop or reduce debt payments and buy link then pay off debt completely during the next moon

>> No.22870208
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22870208

>>22870105
Interesting hypothesis.
Yeah I mean I figure LINK will rocket up, due to the tech boom. Any suggestions?
>Tesla
>Apple
>Facebook
If I were to invest I think I would just buy large positions in these companies. Do you have any hidden gems?

>> No.22870274

>>22870167
I figured that, what do you think is a proper balance $2000 to LINK and $800 to debt?

Aka the opposite of what I am doing?
My living expenses are non-existant, due to my druggie brother moving back home. Therefore my parents are morally obligated to “keep me” since I am amazing, help with bills, cook and clean

>> No.22870289

>>22870208
>any hidden gems?
only stock i buy is agex. everything else is in crypto

>> No.22870359

>>22870274
dude are you a normie?

>> No.22870366

>>22870208
dunno, semi conductor manufacs could be a good one. just go tech100 if you're going for a long term play. link will moon in 1-2 years tops. don't anything but btc for 10+ years lol.

>> No.22870561
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22870561

>>22870359
Yeah 100% normie. I got the (((jew))) degree, the debt, and the lifestyle of a wagie for now. Atleast I’m young. I feel like LINK is going to be huge, so I mean I’m not “full” normie.

Unfortunately, I’ve been here since 18 in 2017. And I managed to turn $500 into $38,000 trading options.

But I completely blew up my account and now am back at the starting line.

>>22870366
I’m a big fan of TSM, AMD, SOXL. With India coming online, and africa, these are sure to moon...

Also IoT devices like Alexa.