/biz/ - Business & Finance

stay far away from here

run kid hurry you think it just starts here but next thing you know ur sucking dick at an arbys

All the kids are doing options. So probably there

>>25680894
First step.
Get off robbinhood. This is not wsb.

My advice is to read all ou can about economic theory. Best novel that taught me where i should invest was Human Action by Mises. Use the principles of the law of human action to disctate where your money should go.

>>25680894
Research opposing views of economic theory to really cement your views. Especially research Keynesian economics and why they are terrible. If you follow them they will lead you into poverty as they have the majority of americans.

>>25680894
Hey friend! First things first, make sure you get approved for options trading. That’s where the real money is made! Then, what you want to do is buy the options that expire the soonest, what we like to call here a “cheaply weekly.” SPY puts are a great place to start! Also, check out TikTok and Reddit for investing advice, especially r/WallStreetBets. Those ‘pedes are really hilarious with their antics- gay bears lmao! You’ll be rich just like all of them in no time.

>>25679665

>>25681114
>/smg/
You will get robbed blind by shills

>>25681144
this please dont go there

>>25681144
>make a whole 15% increase on my investments in 5 years!
Wow just enough to keep up with the risin inflation.

>>25681144
But yes, don't listen to ANYONE there or here. Everyone wants to shill you their coins/stocks.

this isn't the place to learn about trading stocks lol. Stay in school, Kid

>>25680894
Just start investing, you WILL learn what not to do. Buy and hold, never daytrade.
Just never pay some kike to tell you what to invest in, if anyone knew exactly how stocks were going to move they would not need to waste time shilling how to videos.

>>25680894
Buy 50% BTC 50% ETH and hodl
that's the only investing stuff you need to know.

>>25680894
My advice is don't trade
You're gonna do it anyways, so when you're lagging the index or net losing remember I told you not to do it
You want advice you go on youtube you watch anton kreil. It's probably the best basic bitch tips that everyone needs to know, particularly with respect to your time horizon in positions and managing loss aversion.

>>25680894
if you ask for advice on 4chan. you're not gonna make it kek

>>25681098
I thought Nico Yazawa was just a drawing.....

r/wallstreetbets

thank me later

>>25680894
for the absolute safest(and boring) way:
>make both robinhood and webull so that your investments aren't tied to only one account
>put money on SPY/VOO/DOW only
>buy and hold monthly until 55
If you ever want to get risky with your money, start by using 5% of your money invested.

>>25680894
buy $100 of BTC every week and retire when you're 30 or buy 1000 LINK now and retire EOY

is BTC worth it?
does it just keep going up?
worried about the USD sinking and not sure what to do with what i have in the bank
Kinda figured gold/silver would be the way to go but i have no experience in any of this.
will definitely keep researching regardless of advice

>>25681594
Convert $100 into btc weekly.

>>25680894
buy SPCE
forget about it for a year
that's literally all you need to do to make it, read up on this stock and this year will be so huge, it's also at the very bottom of 30+% correction right now so perfect time to buy

Strong buy upgrade today

https://finance.yahoo.com/news/cleveland-cliffs-clf-upgraded-strong-170005553.html

$900 plate increase in December

https://seekingalpha.com/news/3645165-cleveland-cliffs-pushes-plate-prices-to-900-st-ex-works

HBI Toledo probably producing since December

https://www.wdio.com/mining-news/cleveland-cliffs-hbi-plant-toledo-mining-northshore/5903659/

Q4 will be a blowout. Smart buy

>>25681622
why only 100$ can you do more?

>>25681037
Don’t do this shit dude just buy meme stocks

>>25681654
if you don't DCA and dump too much money into crypto chances are you'll panic sell the first dip
don't do it

also
>>25681659
unironically true

>>25681716
>DCA
?

>>25681759
dollar cost average

>>25681865
oh ok
ty
i have a long road ahead of me

>>25681865
although i dont really need money for anything so if i were to put it in BTC and just leave it.. would that be smart?
what risk is there to btc if you dont mind answering
its not like stocks where its just going to crash is it?

>>25680894
>ditch robinhood
>use fidelity
>stock market is more risky then crypto rn

>>25681654
No unless you wanna take a bigger risk. Invest comfortably.

>>25680894
Here's the best tip:
EVERYONE giving you investment advise is looking out for themselves. This rule has NEVER failed. Ever. Keep it in mind as you so your research.and make your moves.

More tips:
Never risk more than you can afford to loose. You will probably break this rule, and when it backfires on you (and it will) and you want to rope, remember you can't buy back your life.

There is a fine line between investing and gambling and that line is called rational thought and due diligence.

Just a few to start. Hope I helped anon.

>>25681990
what risk is there
lets say i can live without taking any money out of btc for the next 10 years..?
does it even work like that?

>>25682068
Hey if you want go for it, invest as much as you desire. I invested a decent amount and I’m living comfortably.

>>25682114
oh
i was just curious
im more worried about the worth of my savings going down and want to see if putting it in btc would be a better option long term
i know nothing about crypto, literally first day on /biz/ ( dont worry, ill take it it slow)
Looking at it, it looks like it overall just keeps going up
how likely is it of crashing and just poof, money gone forever. if any
would it be considered a safe bet to just hold it in btc if anything?

>>25681409
Risa Nito

Read a bunch of Investopedia articles, dude. Learn the lingo, learn the strategies, you'll do alright.

>>25680894
YouTube, Joseph Carlson.
Long stocks, 5+ year timeline at the least. Once you get confidence, you can start swinging.

My advice?
ARKK
ARKG

JPM
AAPL

>>25681659
True, for every 10 people who research and waste time examining the market there are are 100 fomo boys making it big buying lambos.

>>25682807
and for every 10 of them buying lambos there are 100 tying ropes

yes sirs pls hire for stocks market I need to feed cow sirs