/biz/ - Business & Finance

[Anonymous No.1369644]

So I won big on some bets when Brexit happened a few weeks back ~ $25,000 tax free. Any ideas on what I should do with it? My long term view is that we're going to face another great depression so stock market is going to see something like a negative 60-80% correction like the 1930s. Gold and silver will likely get confiscated or taxed 90% on capital gains by the government so doesn't make sense to invest in that. Same could be said for crypto. Real estate is in a huge bubble right now so doesn't make sense to buy in now. So basically I'm just left to choose between cash or bonds.

Any others ideas /biz/?

[Anonymous No.1369647]

>>1369644
>same could be said for crypto

What gives you that idea?

[Anonymous No.1369648]

congrats bro
start a small /biz/ training oulfit
add to it and buy a house
thats what i would do

[Anonymous No.1369883]

>>1369644
Bonds are safe, but aren't really gaining anything after inflation. Good way to bank shit for later if you think the market will improve.

[Anonymous No.1369909]

>>1369883
buy call options on the dow jones volatility index, VXD. martin armstrong's computer says that dow jones volatility is going up the week of 7/18. keep winning!

[Anonymous No.1369919]

>>1369644
>So I won big on some bets when Brexit happened a few weeks back ~ $25,000 tax free.
Things that never happen.
>we're going to face another great depression so stock market is going to see something like a negative 60-80% correction
Things that'll never happen.

Why would you roleplay on /biz/? Getting bored sitting in mommy's basement?

[Anonymous No.1369960]

>>1369919
I'm going to screencap this and print out a photographic portrait so that I can sell it in the future after the Great depression 2.0 on spaceBay and laugh

[Anonymous No.1369974]

>>1369960
If everything goes wrong the most well see is 20%

You can screen cap this