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/biz/ - Business & Finance

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14525324 No.14525324 [Reply] [Original]

How do I turn 70k in 100k in 3 years while in university?

>> No.14525372

>>14525324
buy btc wtf

>> No.14525396

seriously? literally pick any fucking coin that biz shills, wait for it to raise 30%. profit.

Anyone can make an easy 30 percent here, problem is all the biz retards are chasing x10 moons

>> No.14525403

>>14525324
buy btc or link or whatever shitcoin and you'll turn 70k to 100k before the end of the month.
if you meant how to make 70k to 100k in uni in 3 years then wagecuck and buy link

>> No.14525408

>>14525324
Be a hot gril and findom betas on the internet.

>> No.14525473

>>14525324
Buy a shitty $500k house with 10% down, use the rest to fix up the place, get it valued, go to the bank with the valuation and refinance on the new equity. Sell or rent the place based on the new increased $.
Rinse and Repeat.

>> No.14525486

>>14525473
Don't do this until there's another big economic crash like in 2008, then buy real estate

>> No.14525561

>>14525486
you truly think anything has changed since 2008 ?

>> No.14525572

>>14525324
Low paying part time job?

>> No.14525583

>>14525473
>>14525561
I’ve seen people JUSTED so hard with this method

>> No.14525590

>>14525561
Housing prices have like tripled where I live, buying now is like buying high, just wait for the dip, it's a slow cycle in real estate but things don't rise indefinitely and a contraction is inevitable

>> No.14526155

>>14525486
What if the next crash is 20 years away

>> No.14526325

>>14525324
Buy an index fund.

>> No.14526371

>>14525486
But what about the interest rates? Kind of a tradeoff, either wait for a potential collapse and bite the inevitable higher interest rates or buy now and lock in a lower one

>> No.14526411

>>14525372
>>14525396
>>14525403
>crypto
That's wild speculation. I'm guessing OP doesn't want to put his 70k at significant risk. He's only asking for a 42% return over 4 years. That's not huge.

>>14525473
Real estate requires a lot of practical work. The stock market is a passive investment.

His best bet is an index fund.

>> No.14526490

>>14526411
OP here. I already have 50k in index. I don't know how responsible putting the rest in would be safe. There are decades where the S&P lost a lot

>> No.14526516 [DELETED] 
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14526516

>>14525324
Put it all into Bitcoin then sell when it hits $14,750 in a few months brainlet.

>> No.14526528
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14526528

>>14525396
70k-100k would be a ~43% increase not 30% incel

>> No.14526759
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14526759

>>14526490
Which index?

If it's the S&P 500 index, you could go international. You could also invest in REITs, or Bonds. All of these correlate with the S&P 500, but it would mean a significant amount of diversification.

>There are decades where the S&P lost a lot
No there aren't. There are short time periods where the S&P 500 lost a lot, but no long-term periods. The worst decades were 1929-1939 and 1999-2009, and those were only mildly bad.

https://www.crestmontresearch.com/docs/Stock-Rolling-Components.pdf

>> No.14526803

>>14526759
I have 25k in S&P, I also have 10K in amazon and 10K in alibaba and 5k in Think Global Equity ETF

>> No.14526934

>>14525590
This is such a false hood

>> No.14526941

>>14526803
>10K in amazon and 10K in alibaba
If you're uncomfortable with risk, you really shouldn't put 40% of your stock portfolio in two volatile tech stocks.