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/biz/ - Business & Finance

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25921769 No.25921769 [Reply] [Original]

I have a stable job and I'm clueless what to do with my income. I just spend 20-25% of my income and the rest just sits in my account. I'm 22 and it's my first time earning this significant. What do you recommend?

>> No.25921805

Buy Kleros

>> No.25921854

keep saving and open a 401k or whatever is offered in your area and plan for your retirement early. pay off any debt you may have. you’re in a good spot

>> No.25921888

>>25921769
buy LINK, pay off duplex i rent out

>> No.25921901

> 29yo £60k wagecuck slave reporting in
> net worth 100k$
> 95% in cryptos 5% in cash

am gonna make it or starve trying, id rather kill myself than slave away another 5 years

>> No.25921908

>>25921769
crypto/stocks
If you're worried about risk open up a Roth IRA and/or a 401k if your employer allows it and put the money in a target date fund. You're young enough that you can gamble with some of your money though.

>> No.25921919

>>25921888
>pay off a house with low interest rates
Don't do that. Definitely buy a duplex tho, OP. Stack cash, invest in stocks, crypto, and real estate, and leave your (((stable job))) in a few years.

>> No.25922090

>>25921769
hookers and blow

>> No.25922159

boats n' hoes

>> No.25922260

I obsess over finding investments with decent yields. I particularly spend dozens of hours a month looking at good real estate deals to park my money in so that in 20+ years I'll have more than I do now.

>> No.25922615

I get €350 neetbux per week
Currently 0 expenses
I spend it all on crypto

>> No.25922741

>>25921769
Invest ~85% into ETF's that look good, use the rest for day trading and reinvest the profits from that into ETF's again.

>> No.25922845

Can anyone explain why does aave and similar defis pay such high APY? Is there any reason not to convert my paycheck to stablecoins and just stake them at 7.5% ?

>> No.25922948
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25922948

>>25921805
/thread

>> No.25922992

I can spare 400 euros a month for investing. Cringe. I just want to make some decent savings in few years.
Wat do