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/biz/ - Business & Finance

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53968524 No.53968524 [Reply] [Original]

I recently inherited $230,000. What are some safe investments I can do to protect it against inflation?

I'm not looking into anything risky to make money right now, I just do not want what my father left me going down the drain.

>> No.53968551

whats the harm in buying just 1 bit of crack and smoking it?

>> No.53968567

>>53968524
Can't protect it from inflation without risk.

But 4% apr CD ain't bad. 8k a year extra in your pocket decent defense against le inflation.

Powell is gonna nuke the markets anyway. Stay liquid and buy blue chips when he does

>> No.53968573

>>53968524
I'll tell you if you post his death certificate otherwise never post on this board again, there's this place called reddit you should know it well you came from there.

>> No.53968579

>>53968551
you might get raped by a pack of joggers

>> No.53968604

>>53968579
>joggers
Yup called it, go the fuck back nigger.

>> No.53968622

>>53968524

just buy some blue chip stocks and sell options on them

>> No.53968723

>>53968567
Well reasonable risk, what I meant is not looking into crypto. I'm a complete noob besides doubling a 5 figure investment during the bull market but it was a retard market and i could've made way more was I not completely stupid
>>53968573
>>53968604
the irony is I most likely have been on this website for way longer than you
>he didnt say nigger
extremely cringe

>> No.53968783

>>53968723
>I'm a noob
>I've been here longer than you
>says joggers because he's fearful of getting banned a typical reddit user rookie mistake
Go back.

>> No.53968974
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53968974

>>53968783
Browing this shit website since 2008 does not mean that I'm a long time biz lurker or that i'm experienced in making financial investments. But do keep bumping my thread with your demented gatekeeping

>> No.53968991
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53968991

>>53968524
gold and silver especially with this dump atm, good time to buy some physical guns ammo too

>> No.53968992
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53968992

>>53968974
>Browning this shit river
Yes you indeed are ranjesh, you're also talking to me in another thread I can tell from your shit grammar.

>> No.53969054

>>53968992
I had my suspicions you were a low-IQ schizo

>> No.53969063

>>53968524
Are you in the US? If so, open a Treasury Direct account with the Treasury and buy Gov debt directly without fees. Getting > 5% for a 3 month or 6 month T-Bill. Buy everything out to 2 years and reinvest what you get. It will grow solidly and risk free.

>> No.53969064

>>53968524
JEPI etf

>> No.53969077
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53969077

>>53969054
>Can't spell Browsing
>Calls other's low IQ
Mmmk buddy

>> No.53969153

>>53968974
KYS newfag

>> No.53969181

>>53969063
No unfortunately I'm the EU, should've said in first post. But i can look into whether there is something similar here (doubt)

>> No.53970525

>>53969181
Why denote in $ when you have a perfectly good € key? Would make the thread a lot clearer. If you think the euro is stable, you can look into EU bonds. Personally I would convert it as quickly into USD as possible, you're on a sinking ship.