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/biz/ - Business & Finance


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1940025 No.1940025 [Reply] [Original]

Anon, i need your advice. I am not a very smart man, but now at the age of 32 i somehow managed to get a job that makes enough money so i can build up savings. I worked out this plan.

Save about 400€-500€ a month. Open a stock depot. Buy stocks of the following companies every 6 months and keep the stocks for at least 20 years.

Amazon, Google, Nestle, ...


Please rate my plan. Is it very stupid? Also, what other companies are a good long term investment?

>> No.1940031

Just buy a bunch of cryptocurrency. Its gone up 500% almost every year for 8 years

>> No.1940074

>>1940025
just buy bitcoin you dumb cuck

>> No.1940088

It's the year 2017. Noone has ever lived in the year 2017, and noone has yet felt what it is like to live in the year 2018.

Planning is useless in this regards and only a crook for people to have an illusion of control over their lives. In 20 years the west could turn into a wasteland full of hobos, or sjw prohibiting banks because financial stability hurt their feelings.

Invest into common sense instead. IE buy a history book and study the big crisis, and how some people got ahead.
Protip: noone did it by spending a fraction of their salary on shares.