/biz/ - Business & Finance

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I’m just curious... Anonymous Mon Dec 28 18:53:06 2020 No.25260305 [Reply] [Original]

Say you were to strike gold and make a million dollars off of crypto, what’s your first move to stay rich? Start a business? Invest it all back into BTC?

>>	Anonymous Mon Dec 28 19:04:07 2020 No.25260671 >>25260305 Convert it to actual gold.

>>	Anonymous Mon Dec 28 19:30:25 2020 No.25261686 diversify. look up golden butterfly portfolio. protect your worth

>>	Anonymous Mon Dec 28 19:38:54 2020 No.25261994 >>25260305 Spend it. House, car, clothes, computer, vacation.

>>	Anonymous Mon Dec 28 19:41:22 2020 No.25262073 Someone redpill me on REITs. I want to do real estate but I don't want to bother with actually managing anything.

>>	Anonymous Mon Dec 28 20:20:58 2020 No.25263152 >>25260305 1/4 Yield Farming, 1/4 Blockfi, 1/4 Cold storage, 1/4 Reits. I would unironically wagecuck 2-3 days a week at Starcucks for the healthcare/Starcucks stock until I’m fifty to not touch principle.

>>	Anonymous Mon Dec 28 20:22:24 2020 No.25263190 >>2526030 Get a girlfriend, marry and divorce

>>	Anonymous Mon Dec 28 20:24:55 2020 No.25263255 >>25260305 Move it to boomer ETFs for 100k a year in returns. Use 50k for expenses and reinvest 50k. Then start a business

>>	Anonymous Mon Dec 28 20:27:12 2020 No.25263324 >>25262073 Only feasible way to do this is to hire a property manager. Not very feasible unless you're raking in upwards of $300,000 net

Anonymous Mon Dec 28 20:30:36 2020 No.25263438

>>25260305
downpayment on house, only 5% downpayment needed with avg credit score. Invest the rest and live off interest and dividends anon. Plus you get tax breaks from owning home. Write off property taxes, mortgage insurance, etc.

Why do you think the rich all have tons of real estate?

>>	Anonymous Mon Dec 28 20:42:53 2020 No.25263801 File: 136 KB, 820x417, PEP3.jpg [View same] [iqdb] [saucenao] [google] >>25260305 Definitely put it all into $TON looking at how bullish eth now, Tokamak is bound to follow at its wake

>>	Anonymous Mon Dec 28 21:06:16 2020 No.25264428 just happened to me i put it all in DOT and KSM so i can get straight crazy passive income in 2 years

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