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/biz/ - Business & Finance

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2802993 No.2802993 [Reply] [Original]

So I have 5k and want to make some money with it over the next 5 to 10 years. I can add $200-400 a month.

I just want to know what you guys think I should do.

And don't say fuckin cryptocurrency

>> No.2803011

fuckin cryptocurrency

>> No.2803020
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2803020

>> No.2803076

>>2802993
Why just 5 to 10 years?
Why not just going forward forever

>> No.2803111

>>2802993
60% VT
40% BND

>> No.2803114

>>2802993
Buy ANS

>> No.2803119

Go to an actual financial adviser and get into mutual/index funds they reccomend. Investing in a diversity of stocks will win in the long run, just realize that your money will grow slowly, but consistently with the average of buying in lows and highs.

>> No.2803141

>>2802993
Put it all in Realty Income Corp, get dividends every month.

>> No.2803171

>>2803119
You don't need to go to an advisor to invest in a fund.

OP, google "Best low Risk funds 2017" and choose one that you like the look of, then find an online platform to invest into it with

>> No.2803180
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2803180

>>2803119
>Go to an actual (((financial adviser))) and get into mutual/index funds they reccomend.
Oy vey, he doesn't need that shit. Here, I'll save OP some money:
https://personal.vanguard.com/us/insights/saving-investing/model-portfolio-allocations

>> No.2803722

>>2802993
https://www.bogleheads.org/wiki/Lazy_portfolios

Open a Roth IRA (no minimum) at Vanguard or Schwab and invest in ETFs, preferably based on one of the asset allocations in the above link.

>> No.2803766

>>2802993
I'm laughing at you anon. The fruits of your labor only enable you to invest 500$ a month.

Meanwhile I'm earning 180K+ this year with my share of the family business and reinvesting almost the entire sum into various business ventures.

The is why you'll always be poor anon. You're asking about investments but your income is most likely a laughingstock.

Go drive trucks long distance & live out of a van. Invest everything into stocks and you're almost guaranteed to have a million within 10 years of hard work if you play your cards right. With the path you're on, you'd be lucky to end up with 100K in 10 years.