/biz/ - Business & Finance

>>27295982
XRP. It's the one with a stable future for me.

>>27295982
do you owe money?
pay debts that have high intrest rates first.

>>27296322
no, my parents pay for my education and I live with them. They also pay my car insurance. I'm 21.

>>27296365
You should invest the entire 30K.

>>27295982
GRT
1500% in 2 years, no I’m not joking

>>27296461
Nah faggot, at most I'll invest 20k. Should I still invest in GME?

>>27296552
Stop shilling me shitcoins. Bitcoin is literally the one and last time a shitcoin will balloon.

Anyone else high IQ willing to share their input?

>>27296553
yes, this is free money
throw as much as you can into gamestop, keep holding for 1k per share minimum
you have guaranteed x3 and x10-30 isn't impossible

15-20 investments of stocks

if it magically disappeared would you starve? no? stonks it is.

>>27296553
its not investing at this point, its gambling

>>27296247
where the fuck can I sell my XRP as Burgerland citizen? Coinbase shut that shit down over SEC "investigations"

>>27297069
Yeah buy stocks at the top, good advice

>>27296965
I agree, that's why I'll buy some GME when it opens tomorrow if it dips. Thanks anon

Any other good stonks?

>>27296965
GME is incredibly high risk right now are you retarded

>>27295982
built for BBC

>>27297281
fuck off hedgie

>>27296856
wow you are so wrong it's hilarious. If you think you know so much about crypto then just put it on bitcoin. why are you even asking? Don't put it in GME unless you are a retard... actually, on second thought, put it all on GME

PLTR, ARKW was buying it at 39 and theyre still buying at 35

https://cathiesark.com/arkw-holdings-of-pltr

>>27297479
Shut up cryptocuck. I'll take you by the throat and strangle you. Retard

>ITT are cryptocucks shilling me their shitcoins they've been trying to get rich off from THE PAST 3-4 YEARS

When will these faggots learn?

>>27297640
Yeah put the money your parents gave you on GME during its unprecedented all-time high, very sound longterm investment.

>>27297985
shut up poorfag

otherwise bost bortpolio

>>27298057
I hope you find meaning and happiness in life someday. good luck

>>27298146
relax dude its just a meme

>>27295982
SILVER
I
L
V
E
R

>>27295982
iykyk

>>27295982
Invest the majority of it in safe investments. Utilities and shit like that are always a safe bet.

Put a minority of it into crypto, prioritize safer, long term bets.

If you want to throw money around with risky shit and chasing hype trains (whether for stonks or shitcoins), only use like 10% max for that.

>>27295982
Invest in the border wall. It just got ten feet higher

buy DERO
buy and stake ZIL
im super cereal you guys

>>27297247
He's blatantly trolling, what kind of Redditor are you baka

>>27298843
Ok dude, so what do you recommend?

>>27298428
This is the answer. See there is good info here you just have to dig. My problem is I have like 100k in cash and was going to get some PM's but now shit is fucked and smell jewish trickery. What do I do with USD that safe??

>>27297363
he's not wrong desu it can come crashing down any day now. I think it will be hard to pick up momentum because robinhood limited purchases and opening a new account somewhere else can take a while
>still holding

>>27295982
Silver
BTC
ETH
LINK
AAVE
AVAX

>>27295982
30k save, get another 10k and open a blue chip, once you've done all that come back and play magic internet coin.

Don't invest it all. Just put 1 grand in muse. We're going to 10x

>>27296365
Based. Stay with your parents and save money for as long as you can.
>>27296461
This.

>>27298428
This is the smart answer though. I personally don't mind gambling my bucks a bit, but this anon has the smart answer.

>>27299489
Yes I agree but I want 100k now desu

>>27295982
YOLO it into AMC tomorrow and 10x it.

>>27295982
Buy a 20 thousand dollar car brand new with financing and all that shit and then spend the other 10k on some cool as hypebeast clothing and sneakers. 500 Dollar supreme tees

>>27295982
I'm the same age, would recommend a somewhat risky investment strategy for ~50% of your wealth, then some more stable assets for the others (maybe real estate trusts or something?)

I have 50% in crypto with a heavy lean on finding USEFUL COST SAVING alt coins. These are coins that can literally instantly save a company a whole lot of money on a yearly basis if they were to use them instead of legacy tech.

Some coins I like: $AAVE, $SC, $GRT, $AVAX, $RBC (from least to most risky IMO)

>>27299546
Then gamble it all
If you want to make money fast you need risk
No way around it

>>27299070
>USD

I'm kinda spooked about holding onto USD with how much uncertainty there is with what is going to happen this week. Its easier for me though, since I'm a leaf... so I'm just not holding onto many USD assets (other than 2-4% of my portfolio in GME lol). When the boat started rocking a lot with this short squeeze bonanza, I made sure to put my excess cash into utilities (mainly a gas pipeline company that mainly does home heating), because regardless of what happens, people don't want to be cold in their homes.

I've never invested in PM before, nor have done extensive research for myself on them... and I refuse to jump into an investment I am not familiar with, and I won't suggest someone else do something that I wouldn't do myself.

USD makes me nervous right now, just in the off chance that things are far, far worse than we all think they are, and dominos start falling on Wall Street and then the US makes the money machine go burr even louder than it has been for the last couple years.

>>27300212
>USD makes me nervous right now
me too leafbro. Fuck!
>the US makes the money machine go burr even louder than it has been for the last couple years.
These fuckers are going to make it worthless damnit... I was going to buy bullion but looks like that is fucked up right now. Was thinking of getting like 40-50k in gold, but that shit is also high as fuck. I gotta decide quick.

>>27300212
> just in the off chance that things are far, far worse than we all think they are
I would be surprised if this was not the case

>>27299323
>AAVE
>AVAX
Can you talk about these a little bit? Im literally stupid.

>>27295982
AMC, AG, FAZ (only hold this one for a week), physical silver bullion, LINK, ETH, BTC. You’re welcome

>>27295982
Buy some L2 projects like Tokamak....if you like money that is

>>27296247
I bought XRP at too good of a point and now im like constantly under 30 bucks.

>>27300544
>>27300560
Because yeah, the topic of the 2008 recession has been on everyone's minds a lot lately. And that, while some people could see coming... was far, far FAR worse than anyone could have imagined... everyone except for the top brass at Lehman Brothers, Fannie Mae and Freddie Mac who made sure to have their golden parachutes ready.

If it turns out that Wall Street just spent the following decade rebuilding another house of cards, that would not surprise me... and this time I am prepared. And if it doesn't turn out to be another global recession, I'm still prepared to make respectable returns that I am pleased with.

Just buy the normal, vanilla, stock market.

test

>>27295982
GME

>>27296365
Was in similar position at 21. 30k is just a glorified emergency fund, I'd hold off on investing more than 5k until you reach 40k~45k or have your career/living situation figured out. It may feel like that 30k is burning a whole in your pockets right now, but it is honestly the bare ass minimum if you plan on moving out by 24.

>>27302029
>not moving out at 18, working 50 hour weeks to put yourself through college
Fucking spoiled trust fund babies

>>27295982
you should invest all of it in assets, usd isn't going to be worth toilet paper in 5 years

>>27295982
Try to find some old Trump steaks preserved from back in the day. Keep them in cold storage and profit 20 years from now bro

>>27301104
nice dude. what are you keeping your savings in? PM's?

>>27299275
you can open an account at many brokerages like TD Ameritrade within minutes as long as you have a checking or savings account. Just lie when they ask you what your income/net worth/experience with trading is. Any cost for the stocks you buy won't be transferred from the credit/savings account for a few days

>>27296461
this...

>>27295982
How do you have 30 k at the age of 21? Genuine question

>>27298428
Why the fuck would anyone be enough of a big dumb nigger to invest in utilities? Here's my recommendation OP:

20k in VTSAX
5k in crypto
5k in a traditional IRA

>>27299546
>>27302913
I didnt see you said you want to get rich quick. In that case just go to vegas

>>27302909
Trade job at 18 outta high school. Actually very easy.

>>27295982

Long $CLF

>>27295982
Dogecoin. All 30k I dare you.