/biz/ - Business & Finance

>>56046205
Damn this cat made me real sad

>>56046205
Old coins aren't an option for me but you're young and should play it safe with 75% of your capital, so here's what I'd do:
30% in BTC
40% in ETH
15% pick something in the top 20
10% in USDT (to buy dips on the top 3)
5% in a recently launched meme token that even normies know like SPURDO.

>>56046205
How much $ are we talking about?

>>56046205
Buy gold

Don't get suckered in by these late-stage crypto bag holders

>>56046205
secure an apartment, it's very likely you will lose all the money investing since you have no experience

>>56049155
around 80 k USD. and i should add for further reference that i live in Norway

>>56049176
This.
Either that or investment fund which are safe or dividend growth ETFs. Dont play with crypto with more than, at max a few thousand.
Additionally dip your toes first before putting in real amount of cash, dont be stupid and throw it all

Everyone who gives you coin answes is trying to get you to buy their bags.

Lastly - sorry for your loss. Hope I didn't waste my time responding to a larp though

>>56046205
First of all, figure out how much you need expense wise each month and DO NOT, I REPEAT, DO NOT inflate your standard of living. Put aside 3-6 months worth as an emergency. Securing housing is a great idea as that is usually the #1 line item in monthly expenses for people.

>>56046205
>>56049821
the serious answer is to open an international brokerage account and split the money between $SPY and $QQQ

>>56046205
open an account at Schwab
dump everything into SNOXX
wait a while for this economic situation to resolve

>>56046205
Put a big chunk in high yield blue chip divvy stocks, enough that you can count on a decent 50-100k passive annual return. This way, no matter what happens with the rest you're guaranteed to never go broke. Then, real estate is always a good pick. Get a few rental properties, again passive dependable income is the goal.

>>56049821
Oh, 80k. Well nevermind the rental properties, put half in high yield divvy stocks and do whatever with the rest. You could do worse than a down pmt on a decent home.

>>56046205
Speak to a financial advisor and do not trust anyone here. It's too easy to blow $20,000 on asset gambling, I did it myself. If I could go back in time I would tell myself to speak to a financial advisor and follow their boomer advice to the T.

Spy, qqq, and government rated bonds.

Don't even think of touching more than 5% of the total sum until you're 25

>>56046205
You should think about the risk you want to take.

Nearly no risk: colgate, pepsi(I prefer pepsi to coca cola because of it owning frito lays), WPC or O(real estate investment trusts, look up "difference between $WPC and $O)

Higher risk higher profit but still established companies, this is what I'd do personally, altria, some chip manufacturers and AI companies. My portfolio is literally just 364 shares of palantir and im buying 30 more shares tomorrow. Palantir, semiconductor manufacturers, some conservative dividend paying stock like colgate, chocolate/coffee will do good JM smucker is a good pick too

Also a duplex may be good but idk your situation, if you got over 200k buy a duplex and put rest in stock