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/biz/ - Business & Finance

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24672051 No.24672051 [Reply] [Original]

Just received 25000 USD from my mom. What do I do with it? Goal is to buy a home in about five years. And no I'm not going to risk it all in some meme crypto.

Index funds and some btc a good option?

>> No.24672058

>>24672051
if you get given that much from your parents you dont need to do anything... aside maybe piss off and kill yourself...

>> No.24672065

>>24672051
Have fun buying a home in 5 years while making $1500 year off of an index fund after giga inflation

>> No.24672083

>>24672051
I would say buy crypto now but you said not to so... how does 25000usd sound?

>> No.24672086

>>24672051
Buying btc over 10K

Don't do it lol

>> No.24672090

>>24672058
Fuck off you cuck

>> No.24672094

>>24672051
You need atleast a 20x to buy a house.

>> No.24672100

>>24672051
Lol that you Dave Ramsay? Just keep it in cash pussy

>> No.24672106

>>24672094
I'm going to use it as the down payment, should have clarified this

>> No.24672115

>>24672051
Treat your mum to a nice meal, get her some wine. Reminisce about the good times and once she's drunk enough, have sex with her and cum deep inside her. Make her yours and impregnate her.

> If she's supporting you with $25k and will make you tendies, then she's a keeper.

>> No.24672123

>>24672086
Thanks for advice fren

>> No.24672134

>>24672051
just buy hex and enjoy your millions.

>> No.24672280
File: 146 KB, 1300x866, 134037737-office-in-the-swamp-a-young-businessman-with-a-beard-in-a-suit-as-a-manager-or-clerk-sits-in-a-quagm.jpg [View same] [iqdb] [saucenao] [google]
24672280

>>24672115
the secret of every successful businessman

>> No.24672293

>>24672058
lol poor seethe

>> No.24672319

>>24672051
buy one btc, put rest to index sp 500 and qqq

>> No.24672323

>And no I'm not going to risk it all in some meme crypto.
>some btc a good option?

>> No.24672432
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24672432

>>24672051
all in LINK, dont touch it. Wallah! You can now afford any pod you want.

>> No.24672456

>>24672319
Redpill me on qqq

>> No.24672458

buy gold

>> No.24672466
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24672466

>>24672456
You aren't going to make it unless you buy LINK.

>> No.24672468

>>24672323
I consider it a crypto, not a meme crypto

>> No.24672483

>>24672051
Why wait 5 years to buy a home? Assuming you have a job and you now have a deposit then buy a house and don't bother with gambling.

>> No.24672488

>>24672458
why?

>> No.24672506

>>24672483
Currently student and don't know where I will end up after studies, hence the wait

>> No.24672508

>>24672458
>Extremely volatile market
>Lets throw my collegefund into it that mom gave me because I never went out of the basement

>> No.24672536

>>24672506
Your mother is mental giving 25k to a student. When I was a student i'd have wasted it all on rent, food, and partying.

>> No.24672560

>>24672536
assburgers dont like to party

>> No.24672565

>>24672058
indians amirite
stop being jealous of whites

>> No.24672593

>>24672051
Put $5000 into IO and save the rest.

>> No.24672611

>>24672508
>let me instead gamble on meme crypto bubbles

gold is a standard investment for the long term.

>> No.24672613

don´t buy bitcoin now. Stupdiest thing ever. Buy gold or silver mining stocks. Smart money knows.
We are loooking at 10x at the minimum,

>> No.24672621

good gold and silver mining stocks are the oppurtunity of a lifetime, and barely anyone is aware kek

>> No.24672636

>>24672611
maybe if you are a boomer thats stuck in 1970

>> No.24672677

>>24672611
Why do people think anyone cares about gold? Why not hold Lithium as a scarce resource?

You could easily flip it for 10x its value in 10 years.

>> No.24672748

>>24672051
only answer is PNK

>> No.24672760
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24672760

>>24672636
as they say old is gold.

>> No.24672785
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24672785

>>24672051
Buy the gigachad trip: ETH, LINK, PNK. You'll be a millionaire in a few years.

>> No.24672827

>>24672458
he wants to make money, not have a 20 year stable coin

>> No.24672830
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24672830

Then you should put a chunk of that into BASE, pretty much 4xD my portfolio even with the FUD.

The market drop is a great time to come in and get yourself some before it takes off again.

>> No.24672851

you my retard need to learn to do the least work and make the most money.
IOV will help you with that, you can delegate them on the Cosmostation wallet app and get some pretty dope APR

>> No.24672854

I would put it on INJ given that it's surpassed $2 and looks to hit $10 by the EOW.

Anon you can thank me later for IN!

>> No.24672870

Go hard into IOV by Starname and after their Uniswap listing tomorrow December 10, i'm pretty sure you would have 5xD that money

>> No.24672935
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24672935

Then you should put a chunk of that into BASE, pretty much 4xD my portfolio even with the FUD.

The market drop is a great time to come in and get yourself some before it takes off again.

>> No.24672949

>>24672051
>Index funds and some btc a good option?
Boring, but yes. I'd probably average your way into BTC. It's due for a correction.

>> No.24673148

>>24672536
It's not my problem you are a retarded nigger

>> No.24673166

>>24672051
I hope you lose it all you spoiled bitch

>> No.24673171

>>24672593
What's IO?

>> No.24673194

>>24672785
Being a gigchad sure is tempting

>> No.24673294

>>24673166
Yes excuse me for having parents saving for their kids. Will do the same for mine, hopefully give them even more.

>> No.24673301

>>24673294
Did you vote for Trump?

>> No.24673317

>>24673294
I'm not american, but would have voted for him if I could

>> No.24673410

>>24673317
Ok you’re cool then, I would consider getting ETH for Q1 of the year. It traditionally out performs bitcoin in December/January and it just dumped a bit. Chain link is also another project that’s due for a major upswing shortly. I’d you decide to go with crypto check out Benjamin Cowen on YouTube. Good luck Anon, I’m returning the favor. Anons on here helped me create my portfolio and I’ll be a millionaire by next year

>> No.24673424 [DELETED] 
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24673424

https://www.stocktitan.net/news/CLF/cleveland-cliffs-inc-completes-acquisition-of-arcelor-mittal-myyt6zafn49c.html

Just all into CLF lol big news today

>> No.24673437

>>24672051
Honestly bro M1 finance has a 1% checking account fully liquid which is guaranteed and insured return by the fdic. Put half there and put half in a utility fund index for safe dividends with lower beta than the s&p 500 at .5 or less. If you pull down the market cap for the s&p 500 utility companies and divide each by the total, you could come up with the right allocation for your M1 pie.

>> No.24673449

>>24672051
Browse biz for a few weeks, dont invest yet. Also watch out for indian pajeet scammers and their moon coins

>> No.24673475

>>24672051
>Index funds and some btc a good option?
Literally the best option, anon. But hold off on the btc until next summer when it's done dumping.

>> No.24673509

>>24672058
>that much
thats fucking nothing lmao poorfag

>> No.24673555

>i wanna make money
>i dont want risk
kys ngmi

>> No.24673620

>>24673410
Thank you for your input anon, cheers!

>> No.24673658

>>24673449
Yes I'm not buying anything today. Plan on making an investment plan first where I allocate the money in different shit. Will also buy gradually over the course of a year or so, not all in one day

>> No.24673674

>>24672051
Did it still have my cum all over it?

>> No.24673675

>>24673555
Not looking to be a millionaire, I just don't want to be cucked by the inflation jew. Fucking nigger

>> No.24673680
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24673680

Buy PNK

>> No.24673713
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24673713

>>24673475
Thanks fren. We're all gonna make it

>> No.24673769

>>24673675
>i don't want to be a millionaire
Mate there are millions of millionaires in the US your parents likely are in the net worth of one if they have $25k to send to you. You're an absolute retard for ignoring crypto and gold and then thinking stocks or real estate is valid. You should just hold the USD it only drops in value 5-6% each year and only 25% if all USD in circulation was created in the last 12 months. I'm sure it will be fine if you just chill with it until you're ready. 0.1% in a savings account is much safer than buying chainlink.

>> No.24673816
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24673816

>>24673713
>we're all gonna make it
Well except for you, you'll lose all mommies money and then receive another loan until your parents die and you can waste all that too.

>> No.24673880

>>24673769
Just to clarify, I'm not ignoring crypto I'm just not going to risk my money on some fucking 50 cent coin /biz/ is always shilling. Of course I want to be a millionaire, what I'm saying is I'm not going to make investments with my 25k expecting to be a millionaire from this alone. I want steady returns from non shit crypto and the stockmarket.

>> No.24673908

>>24673816
Sound like a jealous poorfag if you ask me

>> No.24673920

>>24673880
>i want to be a millionaire
>i don't want to be a millionaire
You probably don't know what you want since you're 19 and thats why handing you $25k is irresponsible

>> No.24673953

>>24673908
I have >10k chainlink, $100 in the bank, and $300 in stocks. I am the quintessential bizraeli whereas you are some tourist. Have fun with wasting your peanuts on tesla puts.

>> No.24674105

>>24673953
Have fun in your little investment cave while I fuck your mother upstairs faggot.

>> No.24674162
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24674162

God my mom want to send me 50€ and i telle her no

>> No.24674203

>>24673658
Read a few of the posts in the /smg/ (stock market general) thread. I'm in both crypto and stocks but smg is the best thread on the board. Just use your head as not everyone on here wants you to make money

>> No.24674347

>>24674203
Will check it out, thanks!

>> No.24674417

>>24672748
Do the needful

>> No.24674584

Fk the index funds. Put it in a top crypto gem like Ocean, Quant, Polkadot, or EWT and retire in a year.

>> No.24674771

>>24672565
>jealous of whites
Lol

>> No.24674782

>>24672051

>RLC

WTF does that even mean? Why not just call the token iexec?

>> No.24674803

>>24674584
Thanks jesus

>> No.24675198

>>24672565
>every single thread has to be about race

>> No.24675220

>>24672051
the only correct answer is gaming bathwather

>> No.24675663
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24675663

>>24672051
I know how you can turn that $25k into $250k next year, anon.
Maybe much more.

>> No.24675745

>>24675198
welcome to 4chan

>> No.24675805

Throw it all in eth and sell at 3k.

You need a good job to get a mortgage, but 125k should help you get something good.

>> No.24675855

>>24673953
You’re cool

>> No.24675863

HERE IS YOUR CLF DIP

>> No.24675992

>>24675805
All in one basket eh? Sound like a good idea.. I graduate next year with an engineering degree from the top university of my country. Hopefully I'll be employed a mcdonalds or better

>> No.24676375

>>24672051
>I want to take virtually no risk and do what everyone else is doing
ngmi, kys.

>> No.24677388

>>24672094
Why do you people insist on giving financial advice when you have no idea what you're talking about? No one needs 500k to buy a house. It's fucking retarded to buy a house in cash, especially when mortgage rates are dirt cheap.

>> No.24678409

40% in some ETF, other 40% in another ETF with a different focus. 20% for yolo investments. Cryptos, retarded stock picks, you name it.

>> No.24679188

>>24672051
Buy some BTC and also some INJ, research INJ and you see why i say so

>> No.24679260

>>24672058
for real im white and my parents have never been able to spare more than a couple hundred

>> No.24679296

>>24672051
if you got that kind of cash and a decent credit score, I would honestly buy land and then start with contractor a foundation if you got enough and build from there. If you are a neet I would stay away from BTC right now wait for the price to drop

>> No.24679502

Go to thailand, we all know thats where you want to go

>> No.24680625

>>24672051
buy eth retard, or at the very least DYOR and find something to invest in. You can make that money into something more substantial.

>> No.24681477

>>24672051
oil. will double. almost no risk.

>> No.24681729

>>24681477
indeed

>> No.24683048

>>24673171
ION Geophysical

>> No.24683198

>>24672051
32 eth and the rest in btc

>> No.24683207

Solid mid-low mcap coin