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22784427 No.22784427 [Reply] [Original]

How do I turn 150k into 5 million?

>> No.22784463

Suck my dick

>> No.22784507
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22784507

>>22784427
Put it all in VTSAX, set dividends to reinvest, contribute $40k to it every year for the next 30 years.

>> No.22784525

>>22784427
Buy LINK

>> No.22784535

>>22784507
*My bad, it's $30k a year for 30 years, $40k puts you at over 6 million.

>> No.22784694

>>22784427
Buy buttcoin

>> No.22784708

>>22784507
VTSAX is nectar from the gods. I have it in my Roth and Taxable

>> No.22784733

>>22784507
>>22784708
What is the difference between vti and vtsax?

>> No.22784737

>>22784427
buy diagon

>> No.22784782

>>22784733
VTI is an ETF, VTSAX is a mutual fund. Identical holdings.

>> No.22784810
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22784810

>>22784427
> How do I turn 5 million into 150k?
Chainlink.

>> No.22784824

>>22784782
Ahhh ok thx. But wouldn't vti be better since it pays dividends?

>> No.22784858

>>22784427
Just buy AVAX and wait one year, faggots

>> No.22784884

>>22784824
They have the same dividends and expense ratio. You can buy either one, just look up the differences between an ETF and mutual fund.

>> No.22784891
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22784891

Put in VIDYA and QNT

>> No.22784920

>>22784884
Thx

>> No.22784922

>>22784884
This, both are capital gains free and only pay dividends

>> No.22784966

>>22784884
>>22784922
do u think its worth it to put 150k into vtsax? 150k is a relatively small amount. should i try to trade to get to 300k then dump it in vtsax?

>> No.22784980

>>22784427
Buy kneepads for 150k blowjobs
Charge $33.33 per blowjob

>> No.22785083

>>22784966
Only trade what you're willing to lose. Statistically retail day traders do much worse than index investors.

>> No.22785109

>>22785083
Yea that's a good point I might do that. Should be a good time to do it too markets looking shaky

>> No.22785114

>>22784427
10k link

>> No.22785134
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22785134

>>22784427
Buy LRC now. Before it moons. Mooning tomorrow by 5-10x. Screencap this

>> No.22785155

>>22785109
I'm going to assume you inherited the money since you don't know much about investing. Just buy VTI or VTSAX, set dividends to reinvest, then don't look at it for the next 20 years. It will be up and down, especially in the short term. Just pretend it doesn't exist and get on with your life, then enjoy the gains when you're older.

>> No.22785183

All-in Curio(CUR)

>> No.22785486

Buy $Power .76 low marketcap. Easy 10x

>> No.22785698

>>22785155
I didn't inherit the money, I have it saved from working. And yes I'm a retard. Thank you the candid advice

>> No.22785796

>>22785698
Good for you anon, that's very impressive. I highly recommend reading this series to get your fundamentals down:
https://jlcollinsnh.com/stock-series/
It's the same advice you'll get in any index investing book, but just free and online.
Enjoy the decades of compounding gains, and make sure to keep adding more every month to dollar cost average as the market moves.

>> No.22785846

>>22784966
If you keep adding to it, it'll be 500k before you know it. Just keep adding to the pile and don't sell

>> No.22785900

>>22785846
>don't sell
I should have mentioned this too. Do not sell, just keep accumulating through good and bad times.

>> No.22785953

>>22784507
Who wants to live that long?

>> No.22786037

>>22785953
I want to live forever