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/biz/ - Business & Finance


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12357584 No.12357584 [Reply] [Original]

My Dad passed away a month ago, I have inherited a million dollars and I am unsure of what to do with it. If you could suggest anything I would be happy to hear!

>> No.12357589

Wait for the crash and buy blue chip stocks

>> No.12357595

>>12357584
All in link

>> No.12357606

>>12357589
Crash already happened, did you not see some stocks are down 30-50%? Amazon was $2000+ and got as low as $1400. Buying then would've net you a 10% gain already

>> No.12357613

>>12357584
Post more Anime girls with fat stacks of cash.

>> No.12357616

>>12357584
vanguard high dividend fund

>> No.12357628

>>12357589
>>12357606
>>12357616
I will check all of these out and do some research.
Best blue chip stocks in your opinion and why?

>> No.12357631

>>12357613
Are ye havin a laugh m8? Biscuits, those are.

>> No.12357636

Well this is an obvious larp. But lets pretend its real

Buy a modestly priced house in good condition, paid off in full.
Buy a new car with no miles at a modest price, paid off in full.
Take the rest and invest in whatever crypto coins you believe in and hold them until moon. Don't quit working.

>> No.12357644

>>12357584
Use at least a few thousand of it to buy gold, silver, and a dog.

>> No.12357649

>>12357606
When Amazon was $2000, it was already overpriced by about a thousand for the service they provide. We're not even crashing yet, merely shaving the last two years of retarded permabull mentality. Crash is Amazon back at $500

>> No.12357662

>>12357584
I have a crypto based real estate investment platform based in West Palm. Always taking dudes money, if interested

>> No.12357667

>>12357636
>buying crypto
no thank you, I am not justing myself over retarded commodities that have no intrinsic value.

>> No.12357675

>>12357628
forget individual stocks, buy vanguard mutual funds and leave it alone, with $1MM you will have a vanguard personal advisor

this is the easiest and least headache way to make money

>> No.12357697
File: 400 KB, 450x720, 1536517379244.png [View same] [iqdb] [saucenao] [google]
12357697

>>12357675
I don't know anon, I've heard tons of shit from mutual funds and it sounds awful having some faggot take a portion of your money every trade he makes.

>> No.12357710

>>12357584
>>12357636
don't buy a new car. buy a slightly used Toyota with like 10k miles on it, that shit will last to 300,000+

buy property or a house. put the rest into investment properties.

>> No.12357725

Fidelity Contrafund

>> No.12357736
File: 227 KB, 2046x672, Screen Shot 2019-01-06 at 12.24.04 PM.png [View same] [iqdb] [saucenao] [google]
12357736

>>12357697
kill yourself

>> No.12357748

>>12357710
This plan sounds based as fuck! Will definitely consider buying real estate very highly!

>> No.12357781
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12357781

>>12357736
THAT'S 3 THOUSAND DOLLARS A YEAR! mutual fund are fucking crazy man.

>> No.12357789

>>12357748
idk if OP wants to become a slum lord or flip homes. Remember that thats what the vegas guy did.

I'd buy stocks now and forget about them for ten years.

>> No.12357811

>>12357789
Honestly, I just want to get so much passive income that I can live off it and support a future family with it.

>> No.12357817

>>12357649
Meh, you're forgetting what they plan on doing in the future. Media, cloud, logistics, groceries, home automation, they will have a piece of every business at some point.

That being said, there are also blue chip dividend stocks to consider with $1,000,000. OP don't listen to the normies peddling Vanguard, own businesses yourself. PG/KO/JPM/AAPL etc.

>> No.12357835

Buy 4chan and turn it off.

>> No.12357880
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12357880

>>12357817
Thank you, brother!

>> No.12357891

>>12357584
buy some basedbeans

>> No.12357910

Buy 500,000 Powerball tickets next time it's over 1 billion.

>> No.12357912
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12357912

>>12357736
that is good if they're making you 15% 20% on your money per year compounding. Do zoomies understand compounding? That means principle keeps growing, no crash

>> No.12357940

>>12357636
>working
Anon I ...

>> No.12358015

>>12357584
I'll be your friend for 10% + fees + tip.

>> No.12358021

>>12357595
All. In. LINK. UNIRONICALLY THIS

>> No.12358045

Estate tax?

>> No.12358131

>>12357589
be patient until there is blood

>> No.12358143

Pay off all debts
Get some passive income going
And keep doing that until retirement (you can decide when to retire)

Also keep working for at least another year until you are fully supported by the income of your passive income. The more money you have for investments the better

>> No.12358170

Forgot to mention not to tell anyone in real life as word will spread and every relative and "friend" will crawl back and try to attach themselves until you are dry

>> No.12358208

>>12357880
If you don't know what the hell you're doing, and it sounds like you know very little about managing money, the best thing to do is to put your money into a Permanent Portfolio (see the books by Harry Browne). The current environment is particularly good for a Permanent Portfolio because massive bubble blowing by the central banks of the world, which makes it easier than typical, historically, to get blown out. Put 25% of your money in diversified equities (Vanguard's VT should do the trick), 25% in cash (you can get over 2% per year in a savings account and about 2.6% for a one-year CD), 25% in U.S. Treasury bonds (I would recommend a 10-year duration), and 25% in hard assets, which can be real estate or *gasp* gold. If you're uncomfortable buying gold or investing in real estate (investing in RE is much more difficult than most people think), buy a reasonable house for yourself to live in.

Contrary to what some people say here, investing in Vanguard's funds is a good, inexpensive way to get exposure to equities. The fees are typically less than 20 basis points. Also, picking individual stocks is something that very few people, including the professionals, are capable of doing successfully. If you insist on buying individual company stocks, limit yourself to 5% of your net worth and keep the rest of the exposure through index funds until you feel experienced enough to take the risk of managing a portfolio.

>> No.12358229

If you want the least hassle, just buy mutual funds that give 10% return, sure the fees are high but if you compound the money you get per month you'll make some serious money.

You'll be making $8-10K monthly, and initially you will generate an extra $100 every month to compound. It will only keep going from there.

Name me any job out there that gives an extra $1000 in salary raise per year. Not even lawyers get that amount of raise.

>> No.12358246

You can give me $1000 so I can pay my rent next month.

>> No.12358267

>>12358170
most underrated bit of advice here. also if you become famous people start to blackmail you which is part of why celebrities are paid so much - to fight off indecency

>> No.12358331

>>12357584
cash is king in depression, sit on it!
>>12357589
this sounds goo, i would also pick up a few bitcoins sub $2k

>> No.12358356

>>12357584
Take some of it and but at least 10-12 Bitcoins for any price under $4,000

>> No.12358362

>>12357675
This is the only advice you should consider, leave it in a vanguard fund your whole life, withdraw a safe amount like 3% to supplement your income, you'll be laughing

>> No.12358365

>>12357748
The smartest option is to buy a net leased commercial property. You can get single tenant buildings leased to good companies with an escalating long term lease in place that cash flows over 6% from day one and grows every year. Zero or very limited landlord responsibility. Underlying real estate appreciation. Building depreciation tax write offs. This is how rich people build wealth. I do this for a living btw, hit me up with an email if you want to see some actual deals.

>> No.12358499

>>12358208
awful advice. 2% loses to inflation, VT is barely going to grow, treasuries are "OK", and gold sucks. OP ignore the Vanguard crowd, fees eat at your bottom line

>> No.12358528

>>12357595
this

>> No.12358543

>>12358499
>OP ignore the Vanguard crowd, fees eat at your bottom line

What do you recommend? Theres fees in everything you do anyways.

>> No.12358552

I'll give more advice, find a broker with $0 trades like Merrill Edge from Bank of America, or You Invest by JPMorgan Chase. Both give you $0 trades so I'd split the money between those two. You can bank with them too. Then buy your blue chips, some bond funds as an emergency fund, and don't reinvest the bond fund distributions, instead use them for new equity purchases. Congrats, very little to no fees to manage your money. Giving 0.30 to Vanguard on top of expense ratios, that's foolish.

>> No.12358567

>>12358543
See my latest post on what I'd do. I have 0 fees with my method of using no commission brokers to buy great companies. Stop giving your money away to vanguard, fidelity or who ever and think for yourself. Stop being a normie.

>> No.12358571

>>12358499
there is not gonna be inflation for the foreseeable future. 2008 will say hello again. until the money press starts cash is king.

>> No.12358577 [DELETED] 
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12358577

>>12357584
Goodfriend.io Pre Sale

>> No.12358709

>>12357584
Look OP, the economy is about to be completely obliterated, for all of Western societies. Buy at least $50K worth of physical Gold and Silver. If you don't have a shit load of guns, ammo, and emergency supplies, now is the time to get those things. If you want to invest, you wanna look to the countries America borrows from. You wanna invest in Singapore, Hong Kong, even China.

>> No.12358748

>>12357584

Wait for LTC to drop back a little bit as it's on a small high right now, then buy some. Loads of stuff happening in 2019 that will drive up the price hard.

>>12357606

Stock market crash hasn't even begun, this was just a minor correction.

>> No.12358749

>>12357584
60% VTSAX
10% bonds
10% gold/silver
15% BTC/ETH/XMR
5% LINK

>> No.12358773

>>12357736

Yeah, put your money in this Madoff sounding bullshit and you'll surely be safe in the next financial crash

>> No.12358796

>>12358208

>25% in U.S. Treasury bonds

Stopped reading there, you are terrible at this

>> No.12358888

s&p 500. live off of the interest.

>> No.12358941

>>12358567

What kind of returns should I expect with that? 5%?

>> No.12359070

>>12357584
FOTA

> working product (exchange + derivatives)
> 5 mil market cap
> dividend paying token not the utility coin meme
> good team

https://twitter.com/Fortuna_FOTA/status/1081982145013268480

https://medium.com/@Fota/fota-a-profit-sharing-platform-e5c149f851b7

>> No.12359080

>>12357595
This

>> No.12359086

>>12357589
>>12358331
>pick up a few bitcoins
This

>>12358131
And this

If you time it well enough you could have enough wealth for at least 3 generations without wage slaving

>> No.12359102

>>12357584
>getting $1MM through probate in less than a year
LARPing works when you're dealing with retards. That's why it works so well on /biz/

>> No.12359130

First of all, nice larping


>>12357616
>>12357675
>>12357736
Second of all, this is the only guy you should listen to. If you actually do enough research you'll realize it

>> No.12359166

>>12357584
There's no way your father could have any sort of financial success if he raised you to be an anime-posting faggot with hundreds of anime girls saved on his computer. Keep dreaming you fucking fruit.

>> No.12359211

invest 25% in gold and silver for the coming crash

>> No.12359221

>>12359166
Saving money is not hard at all, retard.
>>12359102
My country hasn't had inheritance tax or any thing like it since 2014, don't know what you are on about.

>> No.12359242
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12359242

>>12359130
It is your word against John C. Bogle but ok

>> No.12359265

There will be an upcoming recession , and having BTC is the best investment.
Save 100k to pay debts and problems.
Save 20-50k for needs etc.
Save 50k for wants.
Spend 800k on BTC.
Wait til next bull run and sell.
Also send me some Bitcoins :) I just want 1.
Also watch out for friends and family. They may try to drain you. Tell them if they ask for money , that all your money is tied in investments and leave it at that.
>Enjoy your new riches and good life.

>> No.12359282
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12359282

>>12358709
>invest in chink controlled countries
Oh my. Why not just invest in Africa?

>> No.12359302

>>12359221
You're an embarrassment to your real father, larping faggot. Imagine raising a son who posts anime girls and pretends he's rich to feel good about himself on an image board from 2003, I bet you even have a tripcode too.

>> No.12359671
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12359671

>>12359302
are we projecting, anon?

>> No.12359677

>>12357584
Buy Beam and LINK

>> No.12359942

>>12359671
Took you an hour to think of that?

>> No.12360034
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12360034

>>12359942
I am CONVINCED that you are the person going around and writing mean things to people for posting literally anything. Like here >>>12358961 Your way of writing and mannerism is unmistakable, it is you! You cannot deny it.
It is so painfully obvious that all of these posts are nothing more than projecting in epic proportions. Sad!

Further more, it would also be funny if you turned out to be the literal 40 year old boomer that complained about "running out of time". but I am not certain of that yet.

>> No.12360047

Mobius sirs

>> No.12360088

>>12357636
>buy a house at the top of the market
>buy a new car, one of the single worst investements you could possibly make

>> No.12360259

>>12357584
Stay away from crypto. Go with a big fund, and live it up.

>> No.12360290

>>12357584
buy 1 million in AAPL puts

>> No.12360322

let me borrow $1000, my car failed the smog test and now im stuck

>> No.12360401

>>12359242
what are you on about?

>> No.12360409

>>12358229
is it true that 1m can generate 8-10k monthly this easily? I will be inheriting over 0.5m when my father passes and I could easily live on 3-4k a month.

>> No.12360576

>>12360409
It's true. I dropped $100,000 into LBS split share corp and pull $1900 per month passive and untaxed in my tfsa. DFN is another alternative, and has the same payout but a track record of not missing a single month in 15 years.

I'd put half into some type of mutual fund, and then the other half into a split share corp. for just a few months to get cashflow up.

>> No.12360828

>>12357697
You're a fucking idiot.
A mutual fund is different from an index fund, and index funds are the best and most proven was to invest money.
Vanguard is the best company for low cost index funds and it's not particularly close.
You should either go all vanguard, or vanguard plus a rental property.
Then get a job and do the Boomer thing with the knowledge that you not only have 'fuck you're money, but also the Zen that comes with being able to retire at 40 (depending on your age how old are you?)
Don't come to biz with this kind of entry-level investment advice. There's a billion articles answering this question, though they mostly tell you 'buy vanguard funds'

>> No.12360875

>>12360828
Normie advice. Why are you telling someone to give 0.03 away to fees? Why not buy 100 companies for $10k each and live off dividends forever?

>> No.12360880

real estate investing!

>> No.12361099 [DELETED] 

https://beta.forkdelta.app/#!/trade/0xa8bdc8882987a3ed83d8030f08d64479f1eff731-ETH

>not buying TRUE
>Shorting Okex
No wonder you're poor

>> No.12361110

>>12361099
Nice just got 12k

>> No.12361120

>>12361099
If okex wasn't such a shit hole with kyc id join you but fuck it

>> No.12361126

>>12358499
Being that you don't seem to understand the purpose of the Permanent Porftolio, you cannot understand why such a large cash position is necessary. Based on historical data going back about 100 years, there is absolutely no doubt that U.S. equities are extremely high-priced. 2% interest sucks and, relative to CPI, is probably either a 0% real rate or maybe even slightly negative. However, how does getting a 0% real return sound compared to a -50% (negative fifty percent) real return? That's essentially where we are with the leveraged balance sheets of corporate America and sky-high P/E ratios. See the CAPE published by Shiller to see where we are relative to what stocks were priced at in the early 1990s (sane), 1929 (insane), 1999 (insane), and 2007 (high). You can also read what Hussman's own metrics show where stock prices are.

As for VT, I purposely recommended it because it is a fund that holds stock of all countries and eliminates the need for stock picking, either by company, sector, country, or economy (developed versus emerging). Unless the *world* falls off a cliff, you'll get diversification which will somewhat protect your purchasing power.

>> No.12361130

>>12361120
Literally Google "Korean id" and use any picture the kyc is a joke mate.

>>12361099
stop spreading this OP, you're going to ruin a good opportunity by reposting this on /biz/, everyone should sage this thread

>> No.12361137

>>12361120
No offense but are you special? Just use Google images bruh

>> No.12361143

>>12361099
Unironcally got 3k kek

>> No.12361157

>>12361130
>>12361137
Mfw it works O_o what's even the point

>> No.12361165

>>12361099
All in on this. Nice find anonchan.

>> No.12361174

>>12361157
Strict regulations but they don't give a shit really...they just protect they own ass.

>> No.12361183
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12361183

$1m USD will get you over 10,000 Bitcoin SV. When the Vishnu prophecy is fulfilled and 1 BSV trades at $1m then a 10k stack is $10 billion

>> No.12361204

>>12358796
You don't know what the hell you're talking about. If you're so smart, I assume you're running a hedge fund that has outperformed the indices for every year including the disastrous 2000-2001 and 2008 bubble pops? If you have any experience whatsoever managing money, you would understand the role that bonds play in those kinds of scenarios. For as young as the OP probably is, it is true that bonds are a lousy investment, generally speaking. However, in an environment where the central banks have blown bubbles everywhere, it becomes imperative to diversify one's asset holdings to protect against the multiple land mines in assets. Of course, if you happen to *know* which the best assets that will go up, how far they'll go up, and for how long, you're going to invest on those even if they're in a bubble. You can play the bubble game all you want. Lot's of luck because the game has changed and the triggers that end a bubble are also very different from previous bubbles.

The Permanent Portfolio is ideal for people who are looking to protect their purchasing power and not get blown out. Historically, the PP has also give fairly good returns, about 8% CAGR if I remember correctly. For a person who does not know how to manage money and is living in an era of endless bubbles and wealth transfers, the PP is an excellent way to allocation one's assets while waiting for a better investing environment to materialize.

None other than Ray Dalio has even recommended a PP allocation for retail investors. OP has already said "no" to cryptocurrencies which suggests he does not want to gamble and lose his ass like so many here. The PP is a safe allocation that protects wealth in highly-inflationary, nominal, deflationary, and stagflationary environments.

>> No.12361257

>>12361099
This is a hidden gem. Naicccuuuu

>> No.12361270

All in physical silver. Save up just enough to buy a vault and an ak

>> No.12361282

>>12357584

Assuming you have $1MM after all taxes and fees:

Buy a property to live in, rent, or both to gain exposure to real estate.

Put the rest in a split of index funds and bonds, no less than 80% index funds.

>> No.12361358

>>12357584
blow it all on meme coins

>> No.12361506

>>12361099
Dropped an eth

>> No.12361953

>>12361099
Only sub 40IQ brainlets will sleep on this. Thanks mate.

>> No.12361974

>>12361282
why would you think there is any value here when these are literally the first things that come into 100% of normies heads?

>> No.12361975

Most conservative method; invest in something with compounding interest. 5% on 1 million a year gives you $50k per year (pre-tax). Add this to your regular salary, make it your retirement, whatever.

Use that money to make money.

>> No.12362039

>>12357628
With 3M you can't go wrong. It won't moon, but gains will be steady.

>> No.12362112

>>12360875
>Why not buy 100 companies for $10k each
That's stock picking and you're too stupid to do that. You'd try to buy bluechips, but at the last minute you'd fuck up somehow and click the wrong button and buy put options for penny stocks. Much better to pay a (((fund manager))) a percentage of your capital each year to do it for you.

>> No.12362157

>>12357584

just leave wherever he had it dipshit

>> No.12362171
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12362171

>>12360875
if your portfolio had 100 stocks it's not very "passive" money anymore it takes lot of work, you will have fusions, splits, bankrupts etc. lots of paperwork just being a shareholder

>> No.12362223

Mourn the loss of your father you greedy little shit bag

>> No.12362270

>>12360088
well he didn't neccessarily say do those things right now. OP could be savy and buy the bottom of the housing market. maybe he buys a tesla at some point as his new car, assuming this obvious larp isn't a larp of course

>> No.12362337

>>12357589

First post and best post.

There's gonna be a crash within the next 1 to 3 years.

At that point either buy land in a growing suburban area (Texas, Georgia both good), or buy blue chip stocks.

>> No.12362612

>>12362270
Nice name based and redpilled my nigga

>> No.12363036

>>12362337
Best invest in tesla

>> No.12363128

>>12361099
Mfw I'm a neet and arbitraging makes me more money than a master's degree salary

>> No.12363896

Memecoins op

>> No.12363915

>>12357584
lol just spend what you think is neccesary and throw the rest in a 3% cd or something and supplement your income with a guarunteed 30,000 gain every year from the CD. literally almost no risk, financially responsible and you arent buying meme coins.

>> No.12363977

>>12357584
>>12357589
put some $ into a dividend stock, something like Johnson & Johnson or Kellogg pays well and should perform well in a bear market. You could buy a Vanguard Dividend fund. Buy BTC and Tesla stock before they shoot up. And rental income if you can get it cheap and easy

>> No.12364022
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12364022

>>12357584
Monero. Fuck linkie scams like this. >>12357595

>> No.12364084
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12364084

>>12361204
Bonds are a secure investment.

>> No.12364101

>>12357589
>not maxing your gains with 3x leveraged stocks instead

>> No.12364106
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12364106

>>12364101
Stocks are a secure investment.

>> No.12364108

Dont tell anyone.

>> No.12364111

>>12364106
Stocks are for making money, plus its not like its gonna go down further after it hits rock bottom

>> No.12364172
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12364172

>> No.12364346

>>12361099
Nice find

>> No.12364562

Go all in on trx op

>> No.12364579

>>12357584
low fee index funds
low fee index funds
LOW
FEE
INDEX
FUNDS

>> No.12364611

>>12361099
Holy fucking gem oh my god oh my god

>> No.12364849

Watch out for big brother boys

>> No.12364996

>>12357584

Pur 250k in Coca Cola stocks and live from the dividends
Then you buy a House (350k)
The rest you keep on interest account

>> No.12365000

Invest 500k
House 500k

Done

>> No.12365007

>>12364996
boomer advice.
The reign of boomer companies is over.
% of boomers drinking coca cola brands vs % of millenials / zoomers
plus their CEO is stepping down.

Index fund or invest in businesses you KNOW anon.

>> No.12365040

>>12360875
Based and redpilled

With index funds you dont own a share you basically have a share of the company Holding those shares, lmfao.
You basically havent the control of the stocks which those tooth faries are buying...thats why i prefer buying Blue Chips myself instead of giving my hard earned money to some crook Bernie L.Madoff index bla bla bla fund wannabie cock sucker

>> No.12365058

>>12360409

You certainly can and it is easy, but the fees are high, fees can teeter between 1-3%. You're getting that money work for you and it is being professionally managed, it will be 'diversified' in terms of your spread in the stock market, however you will be exposed in asset classes and geographic markets if you put all into one mutual fund.

I would choose 3 mutual funds, 1 for US, 1 for Asia and 1 for bonds.

>> No.12365185

>>12361099
Bless your cotton socks anon

>> No.12365370

>>12365058
Yep. $SPY is a winner op.

>> No.12365573

>>12358365
Or buy smartlands and so the same with better Revenue

>> No.12365615

>>12361099
what is this and what do i do with it??
this is my first time on /biz/

>> No.12365631

>>12365615
Ok retards let me just explain to you 100% how to do this without fucking up because I know one of you will, and will cry about it for 3 weeks on here.

Use fucking metamask Download the NEWEST version. SAVE your FUCKING seedwords degenerates. If you don't say bye bye to all your tokens, link, eth, or anything you have on there.

SEND the ETHEREUM to your metamask, or directly from the exchange to forkdelta if youre a retard.

Then TRANSFER the ethereum ONTO forkdelta - accumalate the TRUE, WITHDRAWL the TRUE, and send the TRUE w/ your metamask wallet to OKEx.

Rince & Repeat. I better get a fucking thankyou.

>> No.12365641

>>12365573
Smart lands will never have even the property built. Ever. Screenshot this.

>> No.12365644

>>12365370
BASED

>> No.12365647

Kek go into bitconnect OP

>> No.12365658

>>12365615
Don't even bother unless you drop at least 10 eth. Gains will be too slow with less money shorting the gook exchange okex

>> No.12365664

>>12365658
This guy kek implying 10 eth can even buy a hotdog now!!

>> No.12365675

>>12357584

Unironically, don’t put it in crypto. Put half into a savings’ account and study up on investing. Spend a small amount of what’s left to honor him in some way. Spend a little more (no more than 4 figures) on a single “fun” and non-extravagant expense to do something you’ve always wanted, like travel somewhere or fuck a high end escort or whatever. Take a large chunk of the remaining half and invest in yourself in some way: either get an education on something you want, start a business, get out from under crippling debt, move to a city and pursue a dream, and/or buy a reliable vehicle (non-Lambo or even just new car tier) that will last a few years.

>> No.12365683

>>12357748

For real estate, look at buying a small apartment building. Live in one of them yourself, secretly. Hire a property management company and let them keep a fee for handling all the rent collecting, evicting, and maintenance. You’ll get passive income, a place to live, and a store of value all in one.

>> No.12365684

>>12365631
thank you anon-kun
my friend is into these things and he'll walk me through it

>> No.12365695

Wish you racist pieces of shi× would go back to/pol/

>> No.12365715

>>12357811

Then what you want to look at is growing this into several million, then putting that into Treasury bills. Super safe investment and how a lot of Uber wealthy “live off the interest.” 2-3% a year on $1mm is 20-$30k for doing literally nothing. Get $2-3 million together and you’re in good shape.

>> No.12365721

>>12365675
>>12365683
>>12365715
Mostly useless boomer advice but the apartment thing is genius.


Go all in on tron OP

>> No.12365751

>>12365675
this is shit tier boomer advise.

Even if you're a conservative pussy investor, dropping 10% of that 1mil into crypto isn't going to hurt you, and will likely make you several mil down the line.

>> No.12365999

>>12365751
Yeah plz don't take advice from anyone 35 or older OP. This guy knows. Put 300 K in ethereum

>> No.12366040

500k in gold
500k in firearms
the end of civilization as we know it is coming sooner than you think

>> No.12366075

100k gold, 100k crypto (LINK) 200k house, 300k stocks. Fibunacci investment complete. Rest keep in cash and get a nice gf to travel the world with for christ sake.

>> No.12366135

>>12357584
First step open a vangaurd account second step get a bunch of ETFs and REITs so you're making some gains. Then start researching investments and passive income. You don't have enough yet but you're on your way to buying a parking garage in some city if you play your cards right. Do not I repeat DO NOT think you made it and waste the money on some dumb fucking shit like a new car or vacation or all inning on anything. Diversify that portfolio anon and do your homework.

>> No.12366144

>>12357595

This obviously

>> No.12366221

>>12357636
>buying a new car
boomer much? thats the WORST advice you could give, the car is worth 1/10 less the moment he sits his ass in it, investment means its making him money not losing

house or apartment in a city is probably always a good investment, of course to rent it not to live in it

even in a crisis, people want to live in the city so prices will not really get fall anytime soon

>> No.12366303

>>12357595
based and redpilled

>> No.12366313

>>12357584
Get that cheddar in a savings account while you come up with a long term investment plan.

>> No.12366342

>>12358365
flutetrombone2 at gmail dot com
What's the typical needed initial capital? All these rich boomers own buildings in my town. I'd love to learn more

>> No.12366345

>>12357584
>keep 400k in fiat
>100k in precious metals
>500k to buy 500 bitcoin when the value is near or under 1k for one (but please make us aware before buying)

unironically this

>> No.12367003

>>12361099
=3tanks anon

>> No.12367056

>>12357584
Literally making shit up.

>> No.12367278

>>12365631
Unironcally thanks. I'm a real retard and I would of fucked this up

>> No.12367418

>>12365631
if you take advantage of this your address will be visible and you could be tracked anytime and bad things could happen to you.

>> No.12367447

>>12367278
>retard
>would of

Story checks out.

>> No.12367532

Dubs check em all in on link

>> No.12367761

>>12365695
Kys fag

>> No.12367787

>>12357584
Please buy dero sir.

>> No.12367885

$400K Stocks
$300K Gold
$200K Cash
$100K Bitcoin

>> No.12367939

>>12361099
Public service announcement for stupid anons:

Whenever you get a link to an exchange, where one of the coins (in this case supposedly TRUE) is a long string instead of the three or four letter abbreviation for it, it means someone is probably tricking you.


legit link structure: https://forkdelta.app/#!/trade/TRUE-ETH

vs

scammy link structure: https://forkdelta.app/#!/trade/0xa8bdc8882987a3ed83d8030f08d64479f1eff731-ETH


If you have any doubts about the coin (as you should in this case), 0xa8bdc8882987a3ed83d8030f08d64479f1eff731 is the contract address for the coin they're trying to trick you into buying. Check the contract address in anyplace where you can check the ethereum network, such as etherscan.io.

For example: https://etherscan.io/token/0xa8bdc8882987a3ed83d8030f08d64479f1eff731#balances

-You'll see the contract was created X days ago.
-Only 7 wallets own the coin.
-There's 10mm coins circulating, while you can easily find that the legit TrueChain has over 44mm coins in circulation, check it on coinmarketcap.
-Another clue should be the weird transaction history of the coin linked by OP.

>> No.12368124

>>12357584
This happened

>> No.12368162

>>12357584
can you help me pay my rent before i get evicted :(

i cant get a loan because i just left working as basically an indentured servant and i don't have a ged/diploma because every test center was full for the last 4 months and theres not even dates posted yet for 2019 and the staffing agency requires you have one or the other. im literally starving. hell, fuck my rent, can you loan me 3 dollars so i can buy some eggs to eat or something anon? :(

>> No.12369107

>>12357606
>Crash already happened, did you not see some stocks are down 30-50%? Amazon was $2000+ and got as low as $1400. Buying then would've net you a 10% gain already

Kek. Once the crash is done Amazon will be in 200-300 dollar range

>> No.12369302

>>12369107
Yes. then fucking buy unless there's a currency crisis. amazon will be one of the few that will survive because their services are unmatched in the world.

>> No.12369348

>>12369302
It's more like their bags are unmatched.
>get caught in australia for anti-competitive pricing intentionally selling below profit to kill competition
>just pay fines and continue

>> No.12369409

>>12357584
invest it in a house in S-E Asia. Fuck thai qts for the rest of your life.

>> No.12369454

I would put 20k into crypto, rest into real estate. Depending on where you live you can invest 500k into real estate and have it it paid off in 10 years

>> No.12369889

>>12364084
The commodities and equities serve as a hedge against the cash and bonds going to shit. And I specifically said to buy U.S. Treasuries, which cannot default although they can lose purchasing power. It should be obvious that the Permanent Portfolio is not an allocation that will generate the highest returns. However, in return to accepting lesser returns, you get less volatility and greater robustness against various asset price crises.

>> No.12370954
File: 281 KB, 850x1131, room.jpg [View same] [iqdb] [saucenao] [google]
12370954

>>12357835
lol what site is that? sounds fun

>> No.12371455

>>12357584
you can start buy ordering me some pizza pal

>> No.12371564

>>12361974

because it works

>> No.12371732

>>12357584
hydrogen fueled cars boii

>> No.12372317

>>12361974
Because 95% of normies have no money to implement these obvious ideas.

>> No.12372340

>>12357584
just buy some transportation, buy a decent sized house. Live comfy.

>> No.12372353

>>12357584
Prostitutes and drugs you faggot

>> No.12372540
File: 355 KB, 2192x1865, d-1.png [View same] [iqdb] [saucenao] [google]
12372540

>>12357584
Buy DERO

>> No.12373575

https://www.roblox.com/upgrades/robux?ctx=nav

>> No.12373706

>>12361099
Kek just dropped 15eth thanks anon buuuuuddddy

>> No.12373710

100x long on ripple faggot

stocks are for pussy grandpas

>> No.12373951

>>12357584
invest small amounts in multiple different things. thats what seems to work from my inexperienced eyes.

>> No.12373979

>>12372340
cars are a ridiculously bad investment

>> No.12374406

>>12357584
REAL ESTATE YOU STUPID FUCK