/biz/ - Business & Finance

Get a job and invest when things are low anon, that's how you actually make money.

Get a high yield savings account. You can get 4% APY and that's likely the best risk free option available

>>53121325
Cash and near cash (USD, PMs, BTC).
Throw the Euro, the DAX, and shit like that out the window.

>>53122447
Bank deposits are unsecured credit (inb4 thinking the FDIC has limitless money), he's much better off buying bonds.

Explain as briefly as possible why printing trillions means nobody has money now. Go.

>>53121325
>everything is down, this sucks! I wanted to buy high!

>>53122480
yeah I'm sure your bonds will be ok in the same scenario that the Entire banking industry collapses and the FDIC doesn't have enough money to pay people their deposits

>>53122717
I didn't say that the entire banking industry needs to collapse. People didn't get paid out in 2008 where banks failed either, and now bailins have been codified into law, so the bank can just replace your deposit with its shares.

>>53122737
what are you even talking about, no one lost their banking deposits in 2008

>>53121325
Options trading exists. Just use 5% or less of your portfolio to buy a put, set reasonable expiration dates, and have fun.

>>53122763
>>53122737
no one has lost their bank deposits since literally the great depression, no idea what you retards are talking about.

>>53122763
https://documents.worldbank.org/en/publication/documents-reports/documentdetail/731351485375133455/bank-resolution-and-bail-in-in-the-eu-selected-case-studies-pre-and-post-brrd
> key element of the new powers is the bail-in tool, requiring banks to recapitalize and absorb losses from within, which was made mandatory as of January 1, 2016. These case studies have been selected as examples of how some EU countries tackled the resolution of several failing European banks. The focus of the case studies is on the application of bail-in features, i.e. statutory private loss absorption outside liquidation. Most cases studies also describe other measures used to deal with distressed financial institutions, including but not limited to government guarantees, capital injections, liquidity supports, and the creation of asset management vehicles to put the bail-in into perspective.

>>53122763
>>53122802
https://www.reuters.com/article/us-spain-banks-savers-idUSBRE89F0F320121016
>Martinez and his fellow demonstrators are among thousands of Spaniards who say they were conned by banks into exchanging their savings for preference shares: high-risk, complex financial instruments seized on by lenders in the financial crisis as a means of bringing in extra capital.
>Many of the banks which issued these products swapped them for shares and bonds.

>>53122480
What's your point? You think the bank will just steal your money like an exchange site would?

>>53122685
>1 apple worth 1 stick
>everyone has a couple sticks
>FED chops down 10 trees and makes 10000 more sticks
>gives 1000 sticks to 10 big banks
>big banks start buying a lot of apples
>apples are running low
>apples are now worth a couple sticks
>you thought you could get 2 apples but you can only get 1
>bank can still afford 100 more

Just stay in cash for the time being

>>53121325
basedbeans are literally skyrocketing as we speak

>>53123266
oh my fucking kek, you can't even write S O Y B E A N S (commodity) on this shitboard

>>53122480
it is very much secured in any normal country.
maybe mutts have their "freedom" thing going on so the bank can steal your deposits.

>>53123552
you are very much a newfag

>>53122888
>Spain
>FDIC insured
I think you may be retarded dude. You can open a 250,000 dollar FDIC insured HYSA that will give roughly 3.5% returns. No one lost FDIC backed money despite your frantic googling.

>>53123609
no, it's just that sometimes I forgot how cringe are mods here

>>53121325
Oil, Uranium, Platinum, Silver, Gold

>>53121396
Ate stocks low enough to invest in now? Or wait?

>>53122480
Max out your I bond. It's 10k at 6.8% now

>>53123250
The mad man strikes again.

>>53125666
Which stocks/companies?

>>53125666
Isn't everything going down in 2023? I had mostly uranium but I sold it all

>>53123832
>can't into filters
>mods
Kek holy fuck go back

>>53122447
Why do you prefer 4% to 40% apy in crypto?
You can never make it with this mindset, kek

Bump

Hope there's a huge market crash so I can buy dividend stocks cheap. There are dividend etfs that crashed in 2009 that now give a safe 10%+ yield and this yield is only going higher.

>>53126994
Don't forget your complimentary rope for when you inevitably lose your life savings.

I tapped out.
Decided to buy a pinball machine as they generally don't depreciate. That way I can play my money instead of it sitting in the bank.

>>53123230
Bravo

>>53122685
Judaism

>>53126994
Where are you getting 40%?

DCA until the next bull run. This next year is the best time to accumulate as much as possible.

>>53127331
I understand your concern, and I agree that it is important to do thorough research before investing. However, investing in reputable projects such as Link, Matic, and Ore should be your priority.
It is important to invest only what you can afford to lose.
Diversifying your investments can help reduce the risk of losing your life savings.
By spreading your investments across different projects, you can ensure that you are not putting all of your eggs in one basket.

>>53122447
Is this from your fucking traditional banks?

>>53127472
ORE-ETH offers that as roi on the pair, and it has been running for some time now

>>53122480
>Bank deposits are unsecured
More reason for defi banks and crypto payment gateways, no? The adoption is coming. Centralised institutions can't escape it.

>>53125666
Kek. Would rather go all in on Xpress and stake on Allianceblock defi terminal. That makes more sense to me.

>>53127466
winrar

>>53122447
I'm getting far more than that with ORE/ETH LP

>>53127607
Crypto payment, AI, Privacy protocols are good sector to look into.

>>53121325
>Dividend stocks don't look that good now
The fuck stocks are you talking about?
Divvy Chad's still have a wonderful set of options

>>53127429
based pinball bro

>>53122472
Jewish financial media were telling everybody and their mother that Europe was shit last september, now Eurostocks are up 10 to 20% since then.

I see your tricks Shlomo.

>>53128754
>>53127536
Whats with ore shilling

>>53129939
Was that a shilling?
I think the project in question are actually giving out that offer

>>53129939
its been like that forever. check the archives. Just ignore the spammers, newfag, and put them into your mental filter.